Caxton Ventures Limited - Period Ending 2016-03-31

Registration number: 09457973

Caxton Ventures Limited

Unaudited Abbreviated Accounts

for the Period from 25 February 2015 to 31 March 2016

 

Caxton Ventures Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Caxton Ventures Limited
(Registration number: 09457973)
Abbreviated Balance Sheet at 31 March 2016

		Note			31 March 2016 £
Fixed assets
Tangible fixed assets		2			319
Current assets
Debtors					6,504
Cash at bank and in hand					12,315
					18,819
Creditors: Amounts falling due within one year					(6,211)
Net current assets					12,608
Total assets less current liabilities					12,927
Provisions for liabilities					(64)
Net assets					12,863
Capital and reserves
Called up share capital		3			100
Profit and loss account					12,763
Shareholders' funds					12,863

For the period ending 31 March 2016 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 director acknowledges his 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 director on 1 November 2016

 Mr Timothy John Pettifor
 Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Caxton Ventures Limited
Notes to the Abbreviated Accounts for the Period from 25 February 2015 to 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

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:

Asset class	Depreciation method and rate
Office Equipment	33% Straight line

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		478			478
At 31 March 2016		478			478
Depreciation
Charge for the period		159			159
At 31 March 2016		159			159
Net book value
At 31 March 2016		319			319

Page 2

Caxton Ventures Limited
Notes to the Abbreviated Accounts for the Period from 25 February 2015 to 31 March 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	31 March 2016
		No.			£
Ordinary shares of £1 each		100			100

New shares allotted

During the period 100 Ordinary shares having an aggregate nominal value of £100 were allotted for an aggregate consideration of £100.

Page 3