Abbreviated Company Accounts - ITXPRESS UK LIMITED

ITXPRESS UK LIMITED - Company Information

06736435 ITXPRESS UK LIMITED 2013-10-31 false 2012-11-01 2013-10-31 true 06736435 2012-11-01 2013-10-31 06736435 2013-10-31 06736435 2012-10-31 06736435 uk-gaap-cd-bus:Director1 2012-11-01 2013-10-31 06736435 uk-gaap-cd-bus:Director2 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 iso4217:GBP shares

Registered Number 06736435

ITXPRESS UK LIMITED

Abbreviated Accounts

31 October 2013

ITXPRESS UK LIMITED Registered Number 06736435

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	9,735	10,307
		9,735	10,307
Current assets
Debtors		51,214	17,775
Cash at bank and in hand		18,523	31,241
		69,737	49,016
Creditors: amounts falling due within one year		(70,035)	(56,571)
Net current assets (liabilities)		(298)	(7,555)
Total assets less current liabilities		9,437	2,752
Provisions for liabilities		(1,880)	(1,780)
Total net assets (liabilities)		7,557	972
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		7,555	970
Shareholders' funds		7,557	972

For the year ending 31 October 2013 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 31 July 2014

And signed on their behalf by:
J M Flahive, Director

ITXPRESS UK LIMITED Registered Number 06736435

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & Fittings - 25% on reducing balance
Computer Equipment - 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2012	18,516
Additions	2,286
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	20,802
Depreciation
At 1 November 2012	8,209
Charge for the year	2,858
On disposals	-
At 31 October 2013	11,067
Net book values
At 31 October 2013	9,735
At 31 October 2012	10,307

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

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2