Pixus Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04023079 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2015

FOR

PIXUS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr R Beirouti

Mrs S Beirouti

SECRETARY:

Mrs S Beirouti

REGISTERED OFFICE:

Orchard Cottage

Sunningwell

Oxfordshire

OX13 6RD

REGISTERED NUMBER:

04023079 (England and Wales)

ACCOUNTANTS:

Alchemy Financial Solutions Ltd

Unit 1a Printing House Lane

First Floor

Hayes

Middlesex

UB3 1AP

FIXED ASSETS

Tangible assets

2

81,936

93,294

CURRENT ASSETS

Stocks

18,332

17,953

Prepayments and accrued income

42,966

30,943

Cash at bank and in hand

75,657

38,500

136,955

87,396

CREDITORS

Amounts falling due within one year

127,309

95,025

NET CURRENT ASSETS/(LIABILITIES)

9,646

(7,629

)

TOTAL ASSETS LESS CURRENT LIABILITIES

91,582

85,665

CREDITORS

Amounts falling due after more than one year

59,030

74,517

NET ASSETS

32,552

11,148

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

31,552

10,148

SHAREHOLDERS' FUNDS

32,552

11,148

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 March 2016 and were signed on its behalf by:

Mr R Beirouti - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on reducing balance

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

489,897

Additions

5,488

At 30 June 2015

495,385

DEPRECIATION

At 1 July 2014

396,603

Charge for year

16,846

At 30 June 2015

413,449

NET BOOK VALUE

At 30 June 2015

81,936

At 30 June 2014

93,294

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1,000

Ordinary

1.00

1,000

1,000