Spa Epos Solutions Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06657133 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

SPA EPOS SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S J Purdy

Mrs C M Purdy

SECRETARY:

Mrs C M Purdy

REGISTERED OFFICE:

Apex House

Main Road Marlpit Hill

Edenbridge

Kent

TN8 6HZ

REGISTERED NUMBER:

06657133 (England and Wales)

ACCOUNTANTS:

Lees Chartered Accountants

The Granary

Brewer Street

Bletchingley

Surrey

RH1 4QP

FIXED ASSETS

Tangible assets

2

5,477

19,906

CURRENT ASSETS

Stocks

52,471

56,044

Debtors

73,581

87,897

Cash at bank and in hand

40,878

25,335

166,930

169,276

CREDITORS

Amounts falling due within one year

84,814

88,774

NET CURRENT ASSETS

82,116

80,502

TOTAL ASSETS LESS CURRENT
LIABILITIES

87,593

100,408

CREDITORS

Amounts falling due after more than one
year

301,756

310,048

NET LIABILITIES

(214,163

)

(209,640

)

CAPITAL AND RESERVES

Called up share capital

3

20,000

Profit and loss account

(234,163

)

(229,640

)

SHAREHOLDERS' FUNDS

(214,163

)

(209,640

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 9 December 2016 and were signed on its behalf
by:

Mrs C M Purdy - 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 January 2015).

Turnover

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

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost and 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

86,186

Additions

419

At 31 March 2016

86,605

DEPRECIATION

At 1 April 2015

66,280

Charge for year

14,848

At 31 March 2016

81,128

NET BOOK VALUE

At 31 March 2016

5,477

At 31 March 2015

19,906

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

20,000

Ordinary

£1

20,000

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors, amounts falling due after more than one year, is an amount of £301,756 (2015 £310,048)

due to the directors of the company.

The directors have agreed to continue to financially support the company for the foreseeable future.