GJC Systems Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03224859 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2018

FOR

GJC SYSTEMS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr G Coutts

Mrs J R L Coutts

REGISTERED OFFICE:

Christmas Cottage

81 Wycombe Road

Marlow

Buckinghamshire

SL7 3HZ

REGISTERED NUMBER:

03224859 (England and Wales)

ACCOUNTANTS:

Knight & Company Ltd

11 Castle Hill

Maidenhead

Berkshire

SL6 4AA

FIXED ASSETS

Tangible assets

4

1,212

2,103

CURRENT ASSETS

Debtors

22

-

Cash at bank

2,762

15,463

2,784

15,463

CREDITORS

Amounts falling due within one year

1,925

2,164

NET CURRENT ASSETS

859

13,299

TOTAL ASSETS LESS CURRENT LIABILITIES

2,071

15,402

CAPITAL AND RESERVES

Called up share capital

160

160

Retained earnings

1,911

15,242

SHAREHOLDERS' FUNDS

2,071

15,402

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 July 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 11 April 2019 and were signed on its behalf by:

Mr G Coutts - Director

1.	STATUTORY INFORMATION

GJC Systems Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

33% on reducing balance and 25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and any recognised impairment loss.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held

separately from those of the company. The annual contributions payable are charged to the Profit & Loss

Account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2017

and 31 July 2018

22,544

DEPRECIATION

At 1 August 2017

20,441

Charge for year

891

At 31 July 2018

21,332

NET BOOK VALUE

At 31 July 2018

1,212

At 31 July 2017

2,103

5.	RELATED PARTY DISCLOSURES