GW Severn Software Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04789256 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

GW Severn Software Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J R Whitley

R A Giles

K L Cockerill

M J Savittsky

C R Passingham

REGISTERED OFFICE:

Morton House

9 Beacon Court

Pitstone Green Business Park

Pitstone

LU7 9GY

REGISTERED NUMBER:

04789256 (England and Wales)

ACCOUNTANTS:

Ashbys Chartered Accountants

Morton House

9 Beacon Court

Pitstone Green Business Park

Pitstone

LU7 9GY

CURRENT ASSETS

Debtors

10,657

10,006

Cash at bank

20,774

20,754

31,431

30,760

CREDITORS

Amounts falling due within one year

8,024

5,386

NET CURRENT ASSETS

23,407

25,374

TOTAL ASSETS LESS CURRENT
LIABILITIES

23,407

25,374

CAPITAL AND RESERVES

Called up share capital

4

140

Profit and loss account

23,267

25,234

SHAREHOLDERS' FUNDS

23,407

25,374

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 21 March 2017 and were signed on its behalf by:

R A Giles - 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 and services, excluding value added tax, except in respect of

service contracts where turnover is recognised when the company obtains the right to consideration.

Income derived from maintenance contracts is deferred over the period of the contract.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

62,623

AMORTISATION

At 1 July 2015

and 30 June 2016

62,623

NET BOOK VALUE

At 30 June 2016

-

At 30 June 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

6,176

DEPRECIATION

At 1 July 2015

and 30 June 2016

6,176

NET BOOK VALUE

At 30 June 2016

-

At 30 June 2015

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

140

Ordinary

£1

140