Abbreviated Company Accounts - XENONS4U LTD

07990109 XENONS4U LTD 2016-03-31 false 2015-04-01 2016-03-31 true 07990109 2015-04-01 2016-03-31 07990109 2016-03-31 07990109 2015-03-31 07990109 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07990109 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 07990109

XENONS4U LTD

Abbreviated Accounts

31 March 2016

XENONS4U LTD Registered Number 07990109

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	854	1,190
		854	1,190
Current assets
Stocks		34,543	35,584
Debtors		100	100
Cash at bank and in hand		79,090	108,003
		113,733	143,687
Creditors: amounts falling due within one year		(97,800)	(123,495)
Net current assets (liabilities)		15,933	20,192
Total assets less current liabilities		16,787	21,382
Total net assets (liabilities)		16,787	21,382
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		16,687	21,282
Shareholders' funds		16,787	21,382

For the year ending 31 March 2016 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 20 December 2016

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 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

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 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 2015	3,274
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	3,274
Depreciation
At 1 April 2015	2,084
Charge for the year	336
On disposals	-
At 31 March 2016	2,420
Net book values
At 31 March 2016	854
At 31 March 2015	1,190

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100