Abbreviated Company Accounts - AXIS TWO LIMITED

04551248 AXIS TWO LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 04551248 2013-07-01 2014-06-30 04551248 2014-06-30 04551248 2013-06-30 04551248 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 04551248 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 04551248

AXIS TWO LIMITED

Abbreviated Accounts

30 June 2014

AXIS TWO LIMITED Registered Number 04551248

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Current assets
Stocks		1,414,255	1,187,439
Debtors		4,972	3,790
Cash at bank and in hand		32,342	11,256
		1,451,569	1,202,485
Creditors: amounts falling due within one year		(1,213,674)	(975,913)
Net current assets (liabilities)		237,895	226,572
Total assets less current liabilities		237,895	226,572
Creditors: amounts falling due after more than one year		(58,500)	(58,500)
Total net assets (liabilities)		179,395	168,072
Capital and reserves
Called up share capital	2	4	4
Profit and loss account		179,391	168,068
Shareholders' funds		179,395	168,072

For the year ending 30 June 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 25 November 2014

And signed on their behalf by:
H Goldsobel, Director

AXIS TWO LIMITED Registered Number 04551248

Notes to the Abbreviated Accounts for the period ended 30 June 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
Turbnover comprises the proceeds of sales of properties held as trading stock, and rent and services receivable in the year.

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
4 Ordinary shares of £1 each	4	4