Abbreviated Company Accounts - HOROX COMMUNICATIONS LIMITED

Abbreviated Company Accounts - HOROX COMMUNICATIONS LIMITED

HOROX COMMUNICATIONS LIMITED - Company Information

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Registered Number 06853690

HOROX COMMUNICATIONS LIMITED

Abbreviated Accounts

31 March 2014

HOROX COMMUNICATIONS LIMITED Registered Number 06853690

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 - 1,875
Tangible assets 3 4,100 2,635
4,100 4,510
Current assets
Debtors 36,454 53,156
Cash at bank and in hand 327,873 307,464
364,327 360,620
Creditors: amounts falling due within one year (29,015) (42,450)
Net current assets (liabilities) 335,312 318,170
Total assets less current liabilities 339,412 322,680
Total net assets (liabilities) 339,412 322,680
Capital and reserves
Called up share capital 100 100
Profit and loss account 339,312 322,580
Shareholders' funds 339,412 322,680
  • For the year ending 31 March 2014 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 16 December 2014

And signed on their behalf by:
T Horrocks, Director

HOROX COMMUNICATIONS LIMITED Registered Number 06853690

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 and fittings 20% Net book value
Computer equipments 25% Net book value

Intangible assets amortisation policy
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of five years.

2Intangible fixed assets
£
Cost
At 1 April 2013 9,375
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 9,375
Amortisation
At 1 April 2013 7,500
Charge for the year 1,875
On disposals -
At 31 March 2014 9,375
Net book values
At 31 March 2014 0
At 31 March 2013 1,875
3Tangible fixed assets
£
Cost
At 1 April 2013 6,526
Additions 2,762
Disposals -
Revaluations -
Transfers -
At 31 March 2014 9,288
Depreciation
At 1 April 2013 3,891
Charge for the year 1,297
On disposals -
At 31 March 2014 5,188
Net book values
At 31 March 2014 4,100
At 31 March 2013 2,635