Abbreviated Company Accounts - RADIANT SYSTEMS EUROPE LIMITED

RADIANT SYSTEMS EUROPE LIMITED - Company Information

05994872 RADIANT SYSTEMS EUROPE LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 05994872 2013-01-01 2013-12-31 05994872 2013-12-31 05994872 2012-12-31 05994872 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 05994872 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 05994872

RADIANT SYSTEMS EUROPE LIMITED

Abbreviated Accounts

31 December 2013

RADIANT SYSTEMS EUROPE LIMITED Registered Number 05994872

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	77	103
		77	103
Current assets
Debtors		900,400	301,389
Cash at bank and in hand		349,352	20,486
		1,249,752	321,875
Creditors: amounts falling due within one year		(1,215,667)	(294,928)
Net current assets (liabilities)		34,085	26,947
Total assets less current liabilities		34,162	27,050
Total net assets (liabilities)		34,162	27,050
Capital and reserves
Called up share capital	3	39,002	39,002
Profit and loss account		(4,840)	(11,952)
Shareholders' funds		34,162	27,050

For the year ending 31 December 2013 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 26 August 2014

And signed on their behalf by:
Vinod Koduru, Director

RADIANT SYSTEMS EUROPE LIMITED Registered Number 05994872

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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:

IT
Equipment
& Software - 25% Reducing Balance

Valuation information and policy
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

2Tangible fixed assets

	£
Cost
At 1 January 2013	717
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	717
Depreciation
At 1 January 2013	614
Charge for the year	26
On disposals	-
At 31 December 2013	640
Net book values
At 31 December 2013	77
At 31 December 2012	103

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

	2013 £	2012 £
39,002 Ordinary shares of £1 each	39,002	39,002