Sysinfo Limited - Period Ending 2016-03-31

Registration number: 07874825

Sysinfo Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Power Account Limited
Chartered Accountants
8c High Street
Southampton
Hampshire
SO14 2DH

Sysinfo Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Sysinfo Limited
(Registration number: 07874825)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					1,257			-
Current assets
Debtors					33,263			-
Cash at bank and in hand					6,177			154,362
					39,440			154,362
Creditors: Amounts falling due within one year					(37,982)			(34,303)
Net current assets					1,458			120,059
Net assets					2,715			120,059
Capital and reserves
Called up share capital		3			10			10
Profit and loss account					2,705			120,049
Shareholders' funds					2,715			120,059

For the year ending 31 March 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 director acknowledges his 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 director on 30 October 2016

.........................................
Mr Ashish Negi
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Sysinfo Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office Equipment	25% on WDV

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		1,676			1,676
At 31 March 2016		1,676			1,676
Depreciation
Charge for the year		419			419
At 31 March 2016		419			419
Net book value
At 31 March 2016		1,257			1,257

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		10			10			10			10

Page 2

Sysinfo Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

4	Related party transactions

Director's advances and credits

	2016 Advance/ Credit £	2016 Repaid £	2015 Advance/ Credit £	2015 Repaid £
Mr Ashish Negi
Amount owed by the director	20,076	-	(7,166)	-

Page 3