Axis Accounts Limited - Period Ending 2016-09-30
Axis Accounts Limited - Period Ending 2016-09-30
Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Axis Accounts Limited
Contents
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Axis Accounts Limited
(Registration number: 04529264)
Abbreviated Balance Sheet at 30 September 2016
Note |
2016
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2015
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the director on
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Mr J P Ransom
Director
1
Axis Accounts Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any residual value, over its estimated economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
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Depreciation
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 |
Plant and machinery |
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Office equipment |
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Work in progress
Hire purchase and leasing
Financial instruments
Axis Accounts Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 October 2015 |
26,505 |
3,485 |
29,990 |
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At 30 September 2016 |
26,505 |
3,485 |
29,990 |
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Depreciation |
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At 1 October 2015 |
26,500 |
3,028 |
29,528 |
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Charge for the year |
- |
68 |
68 |
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At 30 September 2016 |
26,500 |
3,096 |
29,596 |
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Net book value |
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At 30 September 2016 |
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At 30 September 2015 |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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Related party transactions |
Director's advances and credits |
2016 |
2016 |
2015 |
2015 |
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Mr Jonathan Peter Ransom |
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14,375 |
22,576 |