Jaytech Systems Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03552626 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 30 April 2016

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:

Santander

Gloucester

Gloucestershire

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

1,545

118,480

1,545

118,480

CURRENT ASSETS

Debtors

123,937

2,496

Cash at bank

30,033

57,894

153,970

60,390

CREDITORS

Amounts falling due within one year

25,225

46,402

NET CURRENT ASSETS

128,745

13,988

TOTAL ASSETS LESS CURRENT
LIABILITIES

130,290

132,468

PROVISIONS FOR LIABILITIES

309

-

NET ASSETS

129,981

132,468

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

129,979

132,466

SHAREHOLDERS' FUNDS

129,981

132,468

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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 30 November 2016 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 January 2015).

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

30,000

AMORTISATION

At 1 May 2015

and 30 April 2016

30,000

NET BOOK VALUE

At 30 April 2016

-

At 30 April 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

132,396

Additions

2,305

Disposals

(125,000

)

At 30 April 2016

9,701

DEPRECIATION

At 1 May 2015

13,916

Charge for year

1,740

Eliminated on disposal

(7,500

)

At 30 April 2016

8,156

NET BOOK VALUE

At 30 April 2016

1,545

At 30 April 2015

118,480

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

2

Ordinary shares

£1

2