Abbreviated Company Accounts - PROXIMA DIRECT LIMITED

PROXIMA DIRECT LIMITED - Company Information

07608133 PROXIMA DIRECT LIMITED 2015-02-28 false 2014-04-30 2015-02-28 true 07608133 2014-04-30 2015-02-28 07608133 2015-02-28 07608133 2014-04-29 07608133 uk-gaap-cd-bus:Director1 2014-04-30 2015-02-28 07608133 uk-gaap-cd-bus:Director2 2014-04-30 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-29 iso4217:GBP shares

Registered Number 07608133

PROXIMA DIRECT LIMITED

Abbreviated Accounts

28 February 2015

PROXIMA DIRECT LIMITED Registered Number 07608133

Abbreviated Balance Sheet as at 28 February 2015

	Notes	28/02/2015	29/04/2014
		£	£
Fixed assets
Tangible assets	2	7,886	8,686
		7,886	8,686
Current assets
Stocks		154,160	69,751
Debtors		1,000	1,000
Cash at bank and in hand		59,861	232,949
		215,021	303,700
Creditors: amounts falling due within one year		(163,136)	(258,363)
Net current assets (liabilities)		51,885	45,337
Total assets less current liabilities		59,771	54,023
Provisions for liabilities		(5,144)	(3,567)
Total net assets (liabilities)		54,627	50,456
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		54,527	50,356
Shareholders' funds		54,627	50,456

For the year ending 28 February 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 10 May 2016

And signed on their behalf by:
Mr J Ma, Director

PROXIMA DIRECT LIMITED Registered Number 07608133

Notes to the Abbreviated Accounts for the period ended 28 February 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 amounts chargeable, net of value added tax, in respect of the sale of
goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less
any estimated residual value, over their expected useful economic life as follows:
Plant and machinery : 20% straight line
Fixtures and fittings: 20% straight line

2Tangible fixed assets

	£
Cost
At 30 April 2014	14,203
Additions	1,881
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	16,084
Depreciation
At 30 April 2014	5,517
Charge for the year	2,681
On disposals	-
At 28 February 2015	8,198
Net book values
At 28 February 2015	7,886
At 29 April 2014	8,686

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

	28/02/2015 £	29/04/2014 £
100 Ordinary shares of £1 each	100	100