Company Registration No. 07349407 (England and Wales)
Smart Accountancy Systems Limited
Unaudited accounts
for the year ended 28 February 2018
Smart Accountancy Systems Limited
Annual report and unaudited accounts
for the year ended 28 February 2018
Smart Accountancy Systems Limited
Company Information
for the year ended 28 February 2018
Directors
Jonathan Jenkins
Emma Chen
Company Number
07349407 (England and Wales)
Registered Office
Unit 2 Dominion Centre
Elliott Road
Bournemouth
Dorset
BH11 8JR
Smart Accountancy Systems Limited
Statement of Financial Position
as at 28 February 2018
Current assets
135,369
55,155
Prepayments and accrued income
6,578
2,543
Creditors: amounts falling due within one year
(55,377)
(37,034)
Net current assets
86,570
20,664
Total assets less current liabilities
91,095
26,163
Creditors: amounts falling due after more than one year
(85,477)
(11,250)
Accruals and deferred income
(1,000)
(1,000)
Capital and reserves
4,618
13,913
1 Directors' advances, credit and guarantees
At the Balance Sheet date Jonathan Jenkins, a Director owed the company £3,904 (2017 - (£4,285)) included within Other Debtors. During the year the Director made advances to the company of £22,337 (2017 - £14,506) and made drawings of £30,525 (2017 - £11,362). There were no conditions attached to the loan which was interest free.
At the Balance Sheet date Emma Chen, a Director owed the company £4,544 (2017 - £233) included within Other Debtors. During the year the Director made advances to the company of £14,307 (2017 - £11,673) and made drawings of £18,618 (2017 - £13,002). There were no conditions attached to the loan which was interest free.
2 Guarantees and other financial commitments
The total amount of financial commitments not included in the balance sheet is £3,753 (2017 - £1,673)
Smart Accountancy Systems Limited
Statement of Financial Position
as at 28 February 2018 (continued)
For the year ending 28 February 2018 the company was entitled to exemption from audit 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 micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 30 March 2018
Jonathan Jenkins
Director
Company Registration No. 07349407
