Abbreviated Company Accounts - ARFON SOFTRONICS LIMITED

ARFON SOFTRONICS LIMITED - Company Information

03697401 ARFON SOFTRONICS LIMITED 2016-02-29 false 2015-03-01 2016-02-29 true 03697401 2015-03-01 2016-02-29 03697401 2016-02-29 03697401 2015-02-28 03697401 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-29 03697401 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass2 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass2 2015-02-28 iso4217:GBP shares

Registered Number 03697401

ARFON SOFTRONICS LIMITED

Abbreviated Accounts

29 February 2016

ARFON SOFTRONICS LIMITED Registered Number 03697401

Abbreviated Balance Sheet as at 29 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,530	3,293
		2,530	3,293
Current assets
Debtors		3,424	51
Investments		100,566	-
Cash at bank and in hand		245,884	394,600
		349,874	394,651
Creditors: amounts falling due within one year		(13,367)	(30,669)
Net current assets (liabilities)		336,507	363,982
Total assets less current liabilities		339,037	367,275
Total net assets (liabilities)		339,037	367,275
Capital and reserves
Called up share capital	3	200	200
Profit and loss account		338,837	367,075
Shareholders' funds		339,037	367,275

For the year ending 29 February 2016 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 7 September 2016

And signed on their behalf by:
Arfon Goodman-Jones, Director

ARFON SOFTRONICS LIMITED Registered Number 03697401

Notes to the Abbreviated Accounts for the period ended 29 February 2016

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 January 2015) ["the FRSSE"].

Turnover policy
Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Computer equipment 33% reducing balance
Office equipment and storage facility 10-25% straight line and reducing balance
Motor vehicles 25% straight line
Furniture, fittings and equipment 25% straight line

The office and storage facility assets are depreciated at 10% straight line and the office
equipment is depreciated at 25% reducing balance.

Other accounting policies
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.

2Tangible fixed assets

	£
Cost
At 1 March 2015	21,729
Additions	354
Disposals	-
Revaluations	-
Transfers	-
At 29 February 2016	22,083
Depreciation
At 1 March 2015	18,436
Charge for the year	1,117
On disposals	-
At 29 February 2016	19,553
Net book values
At 29 February 2016	2,530
At 28 February 2015	3,293

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

	2016 £	2015 £
100 A Ordinary shares of £1 each	100	100
100 B Ordinary shares of £1 each	100	100