REGISTERED NUMBER: SC322166 (Scotland)

Abbreviated Accounts for the Year Ended 31 March 2014

for

Boxson Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D M Patterson

Mrs A T Patterson

SECRETARY:

Mrs A T Patterson

REGISTERED OFFICE:

7 Lomond Crescent

Ellon

Aberdeenshire

AB41 9GE

REGISTERED NUMBER:

SC322166 (Scotland)

ACCOUNTANTS:

J M TAYLOR

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

FIXED ASSETS

Tangible assets

2

302

402

CURRENT ASSETS

Debtors

16,231

17,870

Cash at bank

45,303

38,002

61,534

55,872

CREDITORS

Amounts falling due within one year

37,843

37,952

NET CURRENT ASSETS

23,691

17,920

TOTAL ASSETS LESS CURRENT LIABILITIES

23,993

18,322

PROVISIONS FOR LIABILITIES

56

75

NET ASSETS

23,937

18,247

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

23,927

18,237

SHAREHOLDERS' FUNDS

23,937

18,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 29 July 2014 and were signed on its behalf by:

D M Patterson - 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 represents net invoiced sales of services, excluding value added tax.

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 reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

1,140

DEPRECIATION

At 1 April 2013

738

Charge for year

100

At 31 March 2014

838

NET BOOK VALUE

At 31 March 2014

302

At 31 March 2013

402

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

10

Ordinary

£1.00

10

10

4.	RELATED PARTY DISCLOSURES

During the year the director Mr David Patterson advanced the company net amounts totalling £11,744. This

amount remained outstanding at 31/03/2014 and is included within Other creditors in the notes to the accounts.

During the year the directors received net dividends, detailed below, from the company.

Mr David Patterson - £44,688

Mrs Angela Patterson - £19,152

5.	ULTIMATE CONTROLLING PARTY

The controlling party is D M Patterson.

During the year the company was controlled by the director Mr David Patterson by virtue of his majority 70%

holding in the ordinary share capital of the company.