Company Registration No. 3370364 (England and Wales)
TAXX LIMITED
Unaudited accounts
for the year ended 31 March 2017
TAXX LIMITED
Unaudited accounts
Contents
TAXX LIMITED
Statement of financial position
as at 31 March 2017
Cash at bank and in hand
459,840
334,092
Creditors: amounts falling due within one year
(191,183)
(139,999)
Net current assets
308,109
243,745
Net assets
308,109
243,745
Called up share capital
2
2
Profit and loss account
308,107
243,743
Shareholders' funds
308,109
243,745
For the year ending 31 March 2017 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 19 October 2017.
D Singh
Director
Company Registration No. 3370364
TAXX LIMITED
Notes to the Accounts
for the year ended 31 March 2017
TAXX LIMITED is a private company, limited by shares, registered in England and Wales, registration number 3370364. The registered office and principal place of business is 257 Lichfield Road, Sutton Coldfield, West Midlands, B74 2XD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Trade debtors
39,452
49,652
5
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
35,172
30,599
Loans from directors
155,769
109,017
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Average number of employees
During the year the average number of employees was 2 (2016: 2).
