Warrantix Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03214427 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

WARRANTIX LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R G Lailey

SECRETARY:

G P Nicholls

REGISTERED OFFICE:

12 Borelli Yard

Farnham

Surrey

GU9 7NU

REGISTERED NUMBER:

03214427 (England and Wales)

ACCOUNTANTS:

Hawkins Scott

Chartered Accountants

12 Borelli Yard

Farnham

Surrey

GU9 7NU

FIXED ASSETS

Tangible assets

2

244

447

CURRENT ASSETS

Debtors

6,280

5,222

Cash at bank

27,259

24,233

33,539

29,455

CREDITORS

Amounts falling due within one year

12,609

18,012

NET CURRENT ASSETS

20,930

11,443

TOTAL ASSETS LESS CURRENT LIABILITIES

21,174

11,890

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

21,172

11,888

SHAREHOLDERS' FUNDS

21,174

11,890

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 30 March 2016 and were signed by:

R G Lailey - 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 comprises net invoiced sales.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

2,681

Disposals

(1,009

)

At 30 June 2015

1,672

DEPRECIATION

At 1 July 2014

2,234

Charge for year

203

Eliminated on disposal

(1,009

)

At 30 June 2015

1,428

NET BOOK VALUE

At 30 June 2015

244

At 30 June 2014

447

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2015 and

30 June 2014:

30.6.15

30.6.14

£

£

R G Lailey

Balance outstanding at start of year

(1,053

)

(1,079

)

Amounts advanced

2,112

26

Amounts repaid

-

-

Balance outstanding at end of year

1,059

(1,053

)