Abbreviated Company Accounts - FANTOX LTD

Registered Number 09266446

FANTOX LTD

Abbreviated Accounts

31 October 2015

FANTOX LTD Registered Number 09266446

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015
		£
Fixed assets
Tangible assets	2	45,661
		45,661
Current assets
Debtors		105,679
Cash at bank and in hand		2,221
		107,900
Creditors: amounts falling due within one year		(149,451)
Net current assets (liabilities)		(41,551)
Total assets less current liabilities		4,110
Total net assets (liabilities)		4,110
Capital and reserves
Called up share capital		100
Profit and loss account		4,010
Shareholders' funds		4,110

For the year ending 31 October 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 21 March 2016

And signed on their behalf by:
Muhammad Sajjad Anwar Chaudhary, Director

FANTOX LTD Registered Number 09266446

Notes to the Abbreviated Accounts for the period ended 31 October 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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Office equipment 15% on reducing balance
Fixture and fittings 15% on reducing balance
Motor vehicles 15% on reducing balance

2Tangible fixed assets

	£
Cost
Additions	53,719
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	53,719
Depreciation
Charge for the year	8,058
On disposals	-
At 31 October 2015	8,058
Net book values
At 31 October 2015	45,661