Abbreviated Company Accounts - BPE SYSTEMS LIMITED

LNM SYSTEMS LIMITED - Company Information

05598021 BPE SYSTEMS LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 05598021 2013-11-01 2014-10-31 05598021 2014-10-31 05598021 2013-10-31 05598021 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 05598021 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:Director3 2013-11-01 2014-10-31 uk-gaap-cd-bus:Director3 2014-10-31 uk-gaap-cd-bus:Director3 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 05598021

BPE SYSTEMS LIMITED

Abbreviated Accounts

31 October 2014

BPE SYSTEMS LIMITED Registered Number 05598021

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	909	585
		909	585
Current assets
Debtors		19,529	7,209
Cash at bank and in hand		732	2,916
		20,261	10,125
Creditors: amounts falling due within one year		(8,471)	(1,200)
Net current assets (liabilities)		11,790	8,925
Total assets less current liabilities		12,699	9,510
Total net assets (liabilities)		12,699	9,510
Capital and reserves
Called up share capital	3	3	3
Profit and loss account		12,696	9,507
Shareholders' funds		12,699	9,510

For the year ending 31 October 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 13 May 2015

And signed on their behalf by:
Martin Denly, Director

BPE SYSTEMS LIMITED Registered Number 05598021

Notes to the Abbreviated Accounts for the period ended 31 October 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.
The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

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:

Plant and machinery - 15% reducing balance
Fixtures, fittings and equipment - 15% reducing balance

Other accounting policies
Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less to receive more, tax.

2Tangible fixed assets

	£
Cost
At 1 November 2013	1,825
Additions	484
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	2,309
Depreciation
At 1 November 2013	1,240
Charge for the year	160
On disposals	-
At 31 October 2014	1,400
Net book values
At 31 October 2014	909
At 31 October 2013	585

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
3 Ordinary shares of £1 each	3	3

4Transactions with directors

Name of director receiving advance or credit:	M C Denly
Description of the transaction:	Director's loan
Balance at 1 November 2013:	£ 7,003
Advances or credits made:	-
Advances or credits repaid:	-
Balance at 31 October 2014:	£ 7,003