Abbreviated Company Accounts - FLEXIS HOSPITALITY SOLUTIONS LIMITED

Abbreviated Company Accounts - FLEXIS HOSPITALITY SOLUTIONS LIMITED


Registered Number 06474035

FLEXIS HOSPITALITY SOLUTIONS LIMITED

Abbreviated Accounts

30 September 2015

FLEXIS HOSPITALITY SOLUTIONS LIMITED Registered Number 06474035

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 390 594
Investments 3 1 -
391 594
Current assets
Debtors 8,076 4,625
Cash at bank and in hand 2,566 1,852
10,642 6,477
Creditors: amounts falling due within one year (8,300) (2,308)
Net current assets (liabilities) 2,342 4,169
Total assets less current liabilities 2,733 4,763
Provisions for liabilities (78) (119)
Total net assets (liabilities) 2,655 4,644
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 2,555 4,544
Shareholders' funds 2,655 4,644
  • For the year ending 30 September 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 23 March 2016

And signed on their behalf by:
Mr R A S Baldry, Director

FLEXIS HOSPITALITY SOLUTIONS LIMITED Registered Number 06474035

Notes to the Abbreviated Accounts for the period ended 30 September 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
Turnover represents the total invoice value, excluding value added tax, of work done during the year and derives from the provision of services falling within the company’s ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment – 4 years on the straight line basis

Valuation information and policy
Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

Other accounting policies
Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed by the balance sheet date except that a deferred tax asset is only recognised to the extent that it is regarded as recoverable. Deferred tax is measured using the tax rate that is expected to apply in the periods in which the timing differences are expected to reverse.

Group accounts
The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts.

2Tangible fixed assets
£
Cost
At 1 October 2014 815
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2015 815
Depreciation
At 1 October 2014 221
Charge for the year 204
On disposals -
At 30 September 2015 425
Net book values
At 30 September 2015 390
At 30 September 2014 594

3Fixed assets Investments
Investment in subsidiary undertaking £1 (2014: nil).

The company holds 100% of the ordinary share capital of The Walnut Tree Hotel Limited which is registered in England and trades as a hotel.

The aggregate amount of capital and reserves and the results of this undertaking at 30 September 2015 were as follows:

The Walnut Tree Hotel Limited - Capital and reserves £1. Profit for the year £nil.

4Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
34 A Ordinary shares of £1 each 34 34
33 B Ordinary shares of £1 each 33 33
33 C Ordinary shares of £1 each 33 33