Registered Number 08889142

SOXIA LIMITED

Abbreviated Accounts

31 March 2016

SOXIA LIMITED Registered Number 08889142

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,811 2,414
Investments 3 50,000 50,000
51,811 52,414
Current assets
Stocks 65,823 62,659
Debtors 66,181 24,032
Cash at bank and in hand 6,500 62,829
138,504 149,520
Creditors: amounts falling due within one year (90,062 ) (57,284 )
Net current assets (liabilities) 48,442 92,236
Total assets less current liabilities 100,253 144,650
Total net assets (liabilities) 100,253 144,650
Capital and reserves
Called up share capital 69,424 69,424
Share premium account 106,751 106,751
Profit and loss account (75,922 ) (31,525 )
Shareholders' funds 100,253 144,650

  • 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 8 December 2016

And signed on their behalf by:
Paresh Thakkar, Director

SOXIA LIMITED Registered Number 08889142

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1 Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax

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

Computer equipment - 33% on cost

Other accounting policies
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2 Tangible fixed assets
£
Cost
At 1 April 2015 2,414
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 2,414
Depreciation
At 1 April 2015 0
Charge for the year 603
On disposals -
At 31 March 2016 603
Net book values
At 31 March 2016 1,811
At 31 March 2015 2,414

3 Fixed assets Investments
The company's investments at the Balance Sheet date in the share capital of companies include the following:

SCANMODE LIMITED
Nature of business: Wholly owned subsidiary
Class of shares: Ordinary
Holding: 100%