Abbreviated Company Accounts - BT SYSTEMS LIMITED

BT SYSTEMS LIMITED - Company Information

07686012 BT SYSTEMS LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 07686012 2015-07-01 2016-06-30 07686012 2016-06-30 07686012 2015-06-30 07686012 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 07686012 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 07686012

BT SYSTEMS LIMITED

Abbreviated Accounts

30 June 2016

BT SYSTEMS LIMITED Registered Number 07686012

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	6,105	7,630
		6,105	7,630
Current assets
Stocks		8,750	20,000
Debtors		2,430	5,162
Cash at bank and in hand		6,894	2,105
		18,074	27,267
Creditors: amounts falling due within one year		(22,450)	(22,948)
Net current assets (liabilities)		(4,376)	4,319
Total assets less current liabilities		1,729	11,949
Total net assets (liabilities)		1,729	11,949
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		1,629	11,849
Shareholders' funds		1,729	11,949

For the year ending 30 June 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 directors acknowledge their 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 Board on 20 March 2017

And signed on their behalf by:
R Thiele, Director

BT SYSTEMS LIMITED Registered Number 07686012

Notes to the Abbreviated Accounts for the period ended 30 June 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment – 20% RB

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 July 2015	11,363
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	11,363
Depreciation
At 1 July 2015	3,733
Charge for the year	1,525
On disposals	-
At 30 June 2016	5,258
Net book values
At 30 June 2016	6,105
At 30 June 2015	7,630

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100