Jaytech Systems Limited - Limited company - abbreviated

REGISTERED NUMBER: 03552626 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 30 April 2014

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

123,908

125,097

123,908

125,097

CURRENT ASSETS

Debtors

2,496

3,960

Cash at bank

27,632

15,200

30,128

19,160

CREDITORS

Amounts falling due within one year

67,308

68,285

NET CURRENT LIABILITIES

(37,180

)

(49,125

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

86,728

75,972

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

86,726

75,970

SHAREHOLDERS' FUNDS

86,728

75,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 1 October 2014 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

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

30,000

AMORTISATION

At 1 May 2013

and 30 April 2014

30,000

NET BOOK VALUE

At 30 April 2014

-

At 30 April 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

128,396

Additions

4,000

At 30 April 2014

132,396

DEPRECIATION

At 1 May 2013

3,299

Charge for year

5,189

At 30 April 2014

8,488

NET BOOK VALUE

At 30 April 2014

123,908

At 30 April 2013

125,097

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

2

Ordinary shares

£1

2

Jaytech Systems Limited - Limited company - abbreviated - 11.0.0

Jaytech Systems Limited - Limited company - abbreviated - 11.0.0