Abbreviated Company Accounts - XOVERX LTD

08319701 XOVERX LTD 2015-12-31 false 2015-01-01 2015-12-31 true 08319701 2015-01-01 2015-12-31 08319701 2015-12-31 08319701 2014-12-31 08319701 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 08319701 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 08319701

XOVERX LTD

Abbreviated Accounts

31 December 2015

XOVERX LTD Registered Number 08319701

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	331	342
		331	342
Current assets
Debtors	3	459	314
Cash at bank and in hand		144	368
		603	682
Creditors: amounts falling due within one year		(1,390)	(1,083)
Net current assets (liabilities)		(787)	(401)
Total assets less current liabilities		(456)	(59)
Creditors: amounts falling due after more than one year		0	0
Total net assets (liabilities)		(456)	(59)
Capital and reserves
Called up share capital	4	19,147	18,047
Other reserves		(18,106)	(12,932)
Profit and loss account		(1,497)	(5,174)
Shareholders' funds		(456)	(59)

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 1 September 2016

And signed on their behalf by:
Delroy Ian Black, Director

XOVERX LTD Registered Number 08319701

Notes to the Abbreviated Accounts for the period ended 31 December 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 invoiced value of goods and services supplied by the company and valued net of VAT and trade discounts.

Tangible assets depreciation policy
Assets are depreciated at 20% Reducing Balance Method. The rate is calculated at cost or valuation less estimated residual value over the assets expected useful life.

Valuation information and policy
The business is on the assumption that the company is a Going Concern and is expected to continue business for the foreseeable future.

Other accounting policies
Accounts are prepared on an Historical Cost Basis and show a True and Fair View of the companies state of affairs.

2Tangible fixed assets

	£
Cost
At 1 January 2015	534
Additions	71
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	605
Depreciation
At 1 January 2015	192
Charge for the year	82
On disposals	-
At 31 December 2015	274
Net book values
At 31 December 2015	331
At 31 December 2014	342

3Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	0	0

Debtors fall within one year.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
19,147 Ordinary shares of £1 each (18,047 shares for 2014)	19,147	18,047

Prior year adjustment