Registered Number 07696930
AX BUSINESS SYSTEMS LTD
Abbreviated Accounts
31 July 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Called up share capital not paid |
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Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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( |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Office equipment - 25% Reducing balance
Valuation information and policy
Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are re-translated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.
Other accounting policies
£ | |
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Cost | |
At 1 August 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 July 2014 |
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Depreciation | |
At 1 August 2013 |
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Charge for the year |
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On disposals |
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At 31 July 2014 |
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Net book values | |
At 31 July 2014 | 1,240 |
At 31 July 2013 | 1,040 |