Bax Interaction Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05635647 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2015

for

Bax Interaction Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S P Bax

Mrs F Bax

SECRETARY:

REGISTERED OFFICE:

120 The Rowans

Milton

Cambridge

CB24 6YX

REGISTERED NUMBER:

05635647 (England and Wales)

ACCOUNTANTS:

The Bureau Accountants Ltd

The Assembly Rooms

54 Englands Lane

Gorleston

Great Yarmouth

Norfolk

NR31 6BE

FIXED ASSETS

Tangible assets

2

3,324

3,983

CURRENT ASSETS

Debtors

1,271

1,085

Cash at bank

17,153

35,680

18,424

36,765

CREDITORS

Amounts falling due within one year

21,688

40,274

NET CURRENT LIABILITIES

(3,264

)

(3,509

)

TOTAL ASSETS LESS CURRENT LIABILITIES

60

474

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

59

473

SHAREHOLDERS' FUNDS

60

474

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 11 August 2016 and were signed on its behalf by:

S P Bax - 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 January 2015).

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.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

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

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

8,697

Additions

449

At 30 November 2015

9,146

DEPRECIATION

At 1 December 2014

4,714

Charge for year

1,108

At 30 November 2015

5,822

NET BOOK VALUE

At 30 November 2015

3,324

At 30 November 2014

3,983

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

£

1

Ordinary

£1

1

1