Jaytech Systems Limited - Limited company - abbreviated

REGISTERED NUMBER: 03552626 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 30 April 2015

for

Jaytech Systems Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Damsell

REGISTERED OFFICE:

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

REGISTERED NUMBER:

03552626 (England and Wales)

ACCOUNTANTS:

Kingscott Dix Limited

Chartered Accountants

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

BANKERS:

HSBC

The Cross

Gloucester

Gloucestershire

GL1 2AP

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

118,480

123,908

118,480

123,908

CURRENT ASSETS

Debtors

2,496

Cash at bank

57,894

27,632

60,390

30,128

CREDITORS

Amounts falling due within one year

46,402

67,308

NET CURRENT ASSETS/(LIABILITIES)

13,988

(37,180

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

132,468

86,728

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

132,466

86,726

SHAREHOLDERS' FUNDS

132,468

86,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director on 6 January 2016 and were signed by:

J Damsell - 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).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, has been fully

amortised.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Fixtures and fittings

-

50% on cost

Computer equipment

-

33% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

30,000

AMORTISATION

At 1 May 2014

and 30 April 2015

30,000

NET BOOK VALUE

At 30 April 2015

-

At 30 April 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

132,396

DEPRECIATION

At 1 May 2014

8,488

Charge for year

5,428

At 30 April 2015

13,916

NET BOOK VALUE

At 30 April 2015

118,480

At 30 April 2014

123,908

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

2

Ordinary shares

£1

2

Jaytech Systems Limited - Limited company - abbreviated - 11.9

Jaytech Systems Limited - Limited company - abbreviated - 11.9