Smartinformatics Limited,Ltd - Accounts

SMARTINFORMATICS LIMITED - Company Information

Print Friendly Version

Smartinformatics Limited

For the year ended 31 July 2014

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 06641684

Contents Page

Smartinformatics Limited

For the year ended 31 July 2014

Accountants' Report

Balance Sheet

3 to 4

Notes to the Abbreviated Financial Statements

Smartinformatics Limited

Accountants' Report

For the year ended 31 July 2014

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the

accounts of Smartinformatics Limited for the year ended 31 July 2014 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other

professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Smartinformatics Limited, as a body, in accordance with

the terms of our engagement letter dated 14 September 2009. Our work has been undertaken solely to prepare

for your approval the accounts of Smartinformatics Limited and state those matters that we have agreed to state to

the Board of Directors of Smartinformatics Limited, as a body, in this report in accordance with the requirements

of the Association of Chartered Certified Accountants and as detailed at

http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than Smartinformatics Limited and its Board of Directors as a body for our work or

for this report.

It is your duty to ensure that Smartinformatics Limited has kept adequate accounting records and to prepare

statutory accounts that give a true and fair view of the assets, liabilities, financial position and Profit of

Smartinformatics Limited. You consider that Smartinformatics Limited is exempt from the statutory audit

requirement for the year.

James Wright & Co

Chartered Certified Accountants

5 Whytecliffe Road South

Purley

Surrey

CR8 2AY

1 of 4

Abbreviated Balance Sheet

Smartinformatics Limited

As at 31 July 2014

06641684

Registered Number :

2014

Notes

2013

Fixed assets

Tangible assets

1,527

1,686

1,527

1,686

Current assets

Debtors

12,422

Cash at bank and in hand

3,518

14,402

3,563

26,824

Creditors: amounts falling due within one year

(13,474)

(10,438)

13,350

(6,875)

Net current liabilities

Total assets less current liabilities

(5,348)

15,036

Creditors: amounts falling due after more than one y

ear

(23,058)

(645)

(5,993)

Net liabilities

(8,022)

Capital and reserves

Called up share capital

1,000

Profit and loss account

(6,993)

(9,022)

(5,993)

(8,022)

Shareholders funds

For the year ended 31 July 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,

2) 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.

Date approved by the board: 01 September 2014

Marian Alayande Director

Signed on behalf of the board of directors

2 of 4

Notes to the Abbreviated Financial Statements

Smartinformatics Limited

For the year ended 31 July 2014

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved

by the shareholders prior to the balance sheet date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

2 Tangible fixed assets

Tangible

fixed assets

Cost or valuation

3,157

At 01 August 2013

350

Additions

At 31 July 2014

3,507

Depreciation

1,471

At 01 August 2013

509

Charge for year

1,980

At 31 July 2014

Net book values

At 31 July 2014

1,527

1,686

At 31 July 2013

3 of 4

Notes to the Abbreviated Financial Statements

Smartinformatics Limited

For the year ended 31 July 2014

3 Share capital

Allotted called up and fully paid

2014

2013

1,000 Ordinary shares of £1.00 each

1,000

4 of 4