Abbreviated Company Accounts - SMARTSYSTEM DEVELOPMENTS LIMITED

Abbreviated Company Accounts - SMARTSYSTEM DEVELOPMENTS LIMITED


Registered Number 04669711

SMARTSYSTEM DEVELOPMENTS LIMITED

Abbreviated Accounts

30 April 2014

SMARTSYSTEM DEVELOPMENTS LIMITED Registered Number 04669711

Abbreviated Balance Sheet as at 30 April 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 - -
Investments 3 301,993 282,619
301,993 282,619
Creditors: amounts falling due within one year (151,000) (151,503)
Net current assets (liabilities) (151,000) (151,503)
Total assets less current liabilities 150,993 131,116
Total net assets (liabilities) 150,993 131,116
Capital and reserves
Called up share capital 4 2 2
Profit and loss account 150,991 131,114
Shareholders' funds 150,993 131,116
  • For the year ending 30 April 2014 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 30 January 2015

And signed on their behalf by:
Mr P. M. Thompson, Director

SMARTSYSTEM DEVELOPMENTS LIMITED Registered Number 04669711

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting 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
Sales represents the total invoice value, excluding value added tax, of sales made during the year.

Valuation information and policy
Fixed asset investments are stated at cost less provision for permanent diminution in value.

Other accounting policies
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of
10 years.

2Intangible fixed assets
£
Cost
At 1 May 2013 83,333
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2014 83,333
Amortisation
At 1 May 2013 83,333
Charge for the year -
On disposals -
At 30 April 2014 83,333
Net book values
At 30 April 2014 0
At 30 April 2013 0

3Fixed assets Investments
Investments as at 31/5/13 £282,619, additional in year £19,374, balances as at 30/4/2014 £301,993.

4Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2 Ordinary shares of £1 each 2 2