Abbreviated Company Accounts - SYBIX LTD

05912919 SYBIX LTD 2016-08-31 false 2015-09-01 2016-08-31 true 05912919 2015-09-01 2016-08-31 05912919 2016-08-31 05912919 2015-08-31 05912919 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 05912919 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 05912919

SYBIX LTD

Abbreviated Accounts

31 August 2016

SYBIX LTD Registered Number 05912919

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	757	1,513
		757	1,513
Current assets
Debtors		-	3,830
Cash at bank and in hand		19,936	36,283
		19,936	40,113
Creditors: amounts falling due within one year		(19,152)	(38,638)
Net current assets (liabilities)		784	1,475
Total assets less current liabilities		1,541	2,988
Total net assets (liabilities)		1,541	2,988
Capital and reserves
Called up share capital	3	4	4
Profit and loss account		1,537	2,984
Shareholders' funds		1,541	2,988

For the year ending 31 August 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 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 25 October 2016

And signed on their behalf by:
Stephen Arthur Haighton, Director

SYBIX LTD Registered Number 05912919

Notes to the Abbreviated Accounts for the period ended 31 August 2016

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 January 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Computer equipment - 33.33% straight line

2Tangible fixed assets

	£
Cost
At 1 September 2015	2,269
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	2,269
Depreciation
At 1 September 2015	756
Charge for the year	756
On disposals	-
At 31 August 2016	1,512
Net book values
At 31 August 2016	757
At 31 August 2015	1,513

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

	2016 £	2015 £
4 Ordinary shares of £1 each	4	4