Abbreviated Company Accounts - BOXER QUARTERLY LIMITED

BOXER QUARTERLY LIMITED - Company Information

02928524 BOXER QUARTERLY LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 02928524 2015-01-01 2015-12-31 02928524 2015-12-31 02928524 2014-12-31 02928524 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 02928524 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 02928524

BOXER QUARTERLY LIMITED

Abbreviated Accounts

31 December 2015

BOXER QUARTERLY LIMITED Registered Number 02928524

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	174	193
		174	193
Current assets
Stocks		393	291
Debtors		-	544
Cash at bank and in hand		1,225	106
		1,618	941
Creditors: amounts falling due within one year		(2,449)	(1,884)
Net current assets (liabilities)		(831)	(943)
Total assets less current liabilities		(657)	(750)
Total net assets (liabilities)		(657)	(750)
Capital and reserves
Called up share capital	3	3	3
Profit and loss account		(660)	(753)
Shareholders' funds		(657)	(750)

For the year ending 31 December 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 8 June 2016

And signed on their behalf by:
K.R. Jump, Director

BOXER QUARTERLY LIMITED Registered Number 02928524

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover comprises the value of sales revenues receivable arising from the publication of the periodical

Intangible assets amortisation policy
Fixed Assets are amortised on the reducing balance basis at rates estimated to write off the cost of each asset over the period of its expected useful life. The rates used are as follows :
Intellectual Property Rights - 10% per annum.

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 January 2015	1,700
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	1,700
Amortisation
At 1 January 2015	1,507
Charge for the year	19
On disposals	-
At 31 December 2015	1,526
Net book values
At 31 December 2015	174
At 31 December 2014	193

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

	2015 £	2014 £
3 Ordinary shares of £1 each	3	3