Jaxon Properties Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06025405 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2014

FOR

JAXON PROPERTIES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms. F Khatri

REGISTERED OFFICE:

83a Clumber Road

Leicester

LE5 4FJ

REGISTERED NUMBER:

06025405 (England and Wales)

ACCOUNTANTS:

Watergates Ltd

109 Coleman Road

Leicester

United Kingdom

LE5 4LE

FIXED ASSETS

Investment property

2

1,015,000

1,015,000

CURRENT ASSETS

Debtors

61,788

54,478

Cash at bank and in hand

5,935

2,716

67,723

57,194

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

(4,426

)

(10,658

)

NET CURRENT ASSETS

63,297

46,536

TOTAL ASSETS LESS CURRENT LIABILITIES

1,078,297

1,061,536

CAPITAL AND RESERVES

Called up share capital

3

1,000,000

1,000,000

Profit and loss account

78,297

61,536

SHAREHOLDERS' FUNDS

1,078,297

1,061,536

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2014.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 17th December 2014 and were signed by:

Ms. F Khatri - Director

1.	ACCOUNTING POLICIES

ACCOUNTING CONVENTION

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

TURNOVER

Turnover represent rent receivable during the year.

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in market value is transferred to a revaluation reserve.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1st April 2013

and 31st March 2014

1,015,000

NET BOOK VALUE

At 31st March 2014

1,015,000

At 31st March 2013

1,015,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/14

31/3/13

value:

£

£

1,000,000

Ordinary

£1

1,000,000

1,000,000