Abbreviated Company Accounts - COVERXPRESS LIMITED

COVERXPRESS LIMITED - Company Information

08051240 COVERXPRESS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 08051240 2014-04-01 2015-03-31 08051240 2015-03-31 08051240 2014-03-31 08051240 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 08051240 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 08051240

COVERXPRESS LIMITED

Abbreviated Accounts

31 March 2015

COVERXPRESS LIMITED Registered Number 08051240

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,267	-
		2,267	-
Current assets
Debtors		36,859	-
Cash at bank and in hand		14,423	2
		51,282	2
Creditors: amounts falling due within one year		(39,597)	0
Net current assets (liabilities)		11,685	2
Total assets less current liabilities		13,952	2
Total net assets (liabilities)		13,952	2
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		13,950	0
Shareholders' funds		13,952	2

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 18 December 2015

And signed on their behalf by:
Mr L R Withey, Director

COVERXPRESS LIMITED Registered Number 08051240

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Motor vehicles - 25% straight line
Equipment - 20% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2014	0
Additions	2,928
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	2,928
Depreciation
At 1 April 2014	0
Charge for the year	661
On disposals	-
At 31 March 2015	661
Net book values
At 31 March 2015	2,267
At 31 March 2014	0

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2