Abbreviated Company Accounts - BT SYSTEMS LIMITED

Abbreviated Company Accounts - BT SYSTEMS LIMITED


Registered Number 07686012

BT SYSTEMS LIMITED

Abbreviated Accounts

30 June 2014

BT SYSTEMS LIMITED Registered Number 07686012

Abbreviated Balance Sheet as at 30 June 2014

Notes 30/06/2014 03/04/2013
£ £
Fixed assets
Tangible assets 2 5,778 -
5,778 -
Current assets
Stocks 4,500 -
Cash at bank and in hand 14,810 100
19,310 100
Creditors: amounts falling due within one year (13,943) -
Net current assets (liabilities) 5,367 100
Total assets less current liabilities 11,145 100
Total net assets (liabilities) 11,145 100
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 11,045 -
Shareholders' funds 11,145 100
  • For the year ending 30 June 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 29 April 2015

And signed on their behalf by:
R Thiele, Director

BT SYSTEMS LIMITED Registered Number 07686012

Notes to the Abbreviated Accounts for the period ended 30 June 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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment – 20% reducing balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets
£
Cost
At 4 April 2013 -
Additions 7,603
Disposals -
Revaluations -
Transfers -
At 30 June 2014 7,603
Depreciation
At 4 April 2013 -
Charge for the year 1,825
On disposals -
At 30 June 2014 1,825
Net book values
At 30 June 2014 5,778
At 3 April 2013 -
3Called Up Share Capital
Allotted, called up and fully paid:
30/06/2014
£
03/04/2013
£
100 Ordinary shares of £1 each 100 100