Baan Users Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04050310 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

BAAN USERS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C.F. Truin

J. McCormack

REGISTERED OFFICE:

1 Gwenlyn Road

Poole

Dorset

BH16 5HA

REGISTERED NUMBER:

04050310 (England and Wales)

ACCOUNTANTS:

Chris Bunn & Co Limited

16 Greenacre Close

Poole

Dorset

BH16 5EY

CURRENT ASSETS

Debtors

14,222

14,159

Cash at bank

15,804

14,438

30,026

28,597

CREDITORS

Amounts falling due within one year

18,693

17,489

NET CURRENT ASSETS

11,333

11,108

TOTAL ASSETS LESS CURRENT LIABILITIES

11,333

11,108

RESERVES

Income and expenditure account

11,333

11,108

11,333

11,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 surplus or deficit 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 1 April 2015 and were signed on its behalf by:

C.F. Truin - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

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

2.	SHARE CAPITAL

The company is limited by guarantee and has no share capital. Upon winding up, each member and each person

who ceased to be a member within one year prior to the date of winding up is liable to contribute a sum not

exceeding £1 to the assets of the company for payment of the debts and liabilities of the company contracted

before he ceased to be a member of the company, and the costs, charges and expenses of the winding up of the

company.