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AXIS FINANCIAL SERVICES LIMITED




Company Registration Number:
04357979 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st February 2009

End date: 31st January 2010

SUBMITTED

AXIS FINANCIAL SERVICES LIMITED

Company Information
for the Period Ended
31st January 2010




Director: R M Gadsden
Company secretary: A P Willoughby
Registered office: 78 Leadenhall Street
4th Floor
London
EC3A 3DH
GBR
Company Registration Number: 04357979 (England and Wales)

AXIS FINANCIAL SERVICES LIMITED

Abbreviated Balance sheet
As at 31st January 2010

Notes 2010
£
2009
£
Current assets
Debtors: 2 18,395 49,839
Cash at bank and in hand: 33,362 1,079
Total current assets: 51,757 50,918
Creditors
Creditors: amounts falling due within one year 3 210 692
Net current assets (liabilities): 51,547 50,226
Total assets less current liabilities: 51,547 50,226
Total net assets (liabilities): 51,547 50,226

The notes form part of these financial statements

AXIS FINANCIAL SERVICES LIMITED

Abbreviated Balance sheet
As at 31st January 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 4 100 100
Profit and Loss account: 51,447 50,126
Total shareholders funds: 51,547 50,226

For the year ending 31 January 2010 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 05 November 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: R M Gadsden
Status: Director

The notes form part of these financial statements

AXIS FINANCIAL SERVICES LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st January 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historic cost convention and in accordance with Financial Reporting for Smaller Entities (effective 2008).

    Turnover policy

    Turnover represents the invoiced sales of services, excluding value added tax.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost net of depreciation. Depreciation of fixed assets is calculated to write off their cost or valuation over their estimated useful lives on a straight line basis as follows: Computer Equipment 50% on cost

  • 2. Debtors

    2010
    £
    2009
    £
    Trade debtors: 1,057 33,700
    Other debtors: 15,405 13,994
    Prepayments and accrued income: 1,933 2,145
    Total: 18,395 49,839

  • 3. Creditors: amounts falling due within one year

    2010
    £
    2009
    £
    Taxation and social security: 210 692
    Total: 210 692

  • 4. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100