Sortec Software Development Ltd - Period Ending 2016-07-31

SORTEC SOFTWARE DEVELOPMENT LTD - Company Information

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Registration number: 8151228

Sortec Software Development Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 July 2016

Focus Accounting
Retford Enterprise Centre
Randall Way
Retford
Nottinghamshire
DN22 7GR

Sortec Software Development Ltd
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Sortec Software Development Ltd
for the Year Ended 31 July 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sortec Software Development Ltd for the year ended 31 July 2016 set out on pages from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Sortec Software Development Ltd , as a body, in accordance with the terms of our engagement letter . Our work has been undertaken solely to prepare for your approval the accounts of Sortec Software Development Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAT Technical Release 07/16 AAF . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sortec Software Development Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Sortec Software Development Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Sortec Software Development Ltd. You consider that Sortec Software Development Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Sortec Software Development Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Focus Accounting
Retford Enterprise Centre
Randall Way
Retford
Nottinghamshire
DN22 7GR

13 January 2017

Page 1

Sortec Software Development Ltd
(Registration number: 8151228)
Abbreviated Balance Sheet at 31 July 2016

	Note	2016 £	2015 £
Current assets
Debtors		14,200	7,052
Cash at bank and in hand		3,163	40,037
		17,363	47,089
Creditors: Amounts falling due within one year		(1,039)	(28,016)
Net assets		16,324	19,073
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		16,224	18,973
Shareholders' funds		16,324	19,073

For the year ending 31 July 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 13 January 2017

.........................................
Mr Jason Sorsby
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Sortec Software Development Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 July 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.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2	Share capital

Allotted, called up and fully paid shares

	2016			2015
		No.	£		No.	£
Ordinary of £1 each		100	100		100	100

Page 3