Systems 2 Digital Graphics Limited Small abbreviated accounts

SYSTEMS 2 DIGITAL GRAPHICS LTD - Company Information

FY Private Limited Company Company accounts 2017-01-31 2017-01-31 false true false false false false false false false false false false true true 2015-05-01 true xbrli:pure xbrli:shares iso4217:GBP 06473671 2015-05-01 2016-04-30 06473671 2016-04-30 06473671 2015-04-30 06473671 uk-gaap:PlantMachinery 2015-05-01 2016-04-30 06473671 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2015-05-01 2016-04-30 06473671 uk-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 06473671 uk-bus:Director1 2015-05-01 2016-04-30 06473671 uk-gaap:AllSubsidiaries 2015-05-01 2016-04-30 06473671 uk-bus:OrdinaryShareClass1 2016-04-30 06473671 uk-bus:OrdinaryShareClass1 2015-04-30 06473671 uk-lang:English 2015-05-01 2016-04-30 06473671 uk-curr:PoundSterling 2015-05-01 2016-04-30

COMPANY REGISTRATION NUMBER 06473671

SYSTEMS 2 DIGITAL GRAPHICS LIMITED

UNAUDITED ABBREVIATED ACCOUNTS

30 April 2016

STEWART ASSOCIATES SHREWSBURY LTD

Chartered Accountants

Emstrey House North

Shrewsbury Business Park

Shrewsbury

Shropshire

SY2 6LG

SYSTEMS 2 DIGITAL GRAPHICS LIMITED

ABBREVIATED BALANCE SHEET

30 April 2016

		2016		2015
Note		£	£	£	£
Fixed Assets	2
Tangible assets			-		2,429

Current Assets

Stocks	41,446		-
Debtors	17,866		977
Cash at bank and in hand	28,622		11,960
	---------		---------
	87,934		12,937
Creditors: Amounts Falling due Within One Year	65,057		10,625
	---------		---------
Net Current Assets		22,877		2,312
		---------		-------
Total Assets Less Current Liabilities		22,877		4,741
		---------		-------

Capital and Reserves

Called up equity share capital	3	2	2
Profit and loss account		22,875	4,739
		---------	-------
Shareholders' Funds		22,877	4,741
		---------	-------

For the year ended 30th April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated accounts were approved by the directors and authorised for issue on 9 January 2017 , and are signed on their behalf by:

Mr P George

Company Registration Number: 06473671

SYSTEMS 2 DIGITAL GRAPHICS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

YEAR ENDED 30th APRIL 2016

1. Accounting Policies

Basis of Accounting

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

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Fixed Assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery-50% straight line

Stocks

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

Financial Instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

2. Fixed Assets

	Tangible Assets
	£

Cost

At 1st May 2015 and 30th April 2016	4,859
	-------

Depreciation

At 1st May 2015	2,430
Charge for year	2,429
	-------
At 30th April 2016	4,859
	-------

Net Book Value

At 30th April 2016	–
	----

At 30th April 2015	2,429
	-------

3. Share Capital

Allotted, called up and fully paid:

	2016		2015
	No.	£	No.	£
Ordinary shares of £ 1 each	2	2	2	2
	----	----	----	----