Abbreviated Company Accounts - XENONS4U LTD

07990109 XENONS4U LTD 2014-03-31 false 2013-04-01 2014-03-31 true 07990109 2013-04-01 2014-03-31 07990109 2014-03-31 07990109 2013-03-31 07990109 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 07990109 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 07990109

XENONS4U LTD

Abbreviated Accounts

31 March 2014

XENONS4U LTD Registered Number 07990109

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,662	2,329
		1,662	2,329
Current assets
Stocks		27,844	-
Debtors		-	7,800
Cash at bank and in hand		64,947	24,008
		92,791	31,808
Creditors: amounts falling due within one year		(94,222)	(30,545)
Net current assets (liabilities)		(1,431)	1,263
Total assets less current liabilities		231	3,592
Total net assets (liabilities)		231	3,592
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		131	3,492
Shareholders' funds		231	3,592

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 15 December 2014

And signed on their behalf by:
Mr Gytis Urbonavicius, Director

XENONS4U LTD Registered Number 07990109

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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class & Depreciation method and rate:
Fixtures and fittings at 25% reducing balance basis
Office equipment at 33% reducing balance basis

Valuation information and policy
Stock
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Other accounting policies
Hire purchase and leasing
Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

2Tangible fixed assets

	£
Cost
At 1 April 2013	3,274
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	3,274
Depreciation
At 1 April 2013	945
Charge for the year	667
On disposals	-
At 31 March 2014	1,612
Net book values
At 31 March 2014	1,662
At 31 March 2013	2,329

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100