Abbreviated Company Accounts - BUSINESS SYSTEMS MANAGEMENT LIMITED

BUSINESS SYSTEMS MANAGEMENT LIMITED - Company Information

Registered Number 04035052

BUSINESS SYSTEMS MANAGEMENT LIMITED

Abbreviated Accounts

31 March 2014

BUSINESS SYSTEMS MANAGEMENT LIMITED Registered Number 04035052

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	4,033	2,008
		4,033	2,008
Current assets
Debtors		5,143	11,400
Cash at bank and in hand		22,499	57,898
		27,642	69,298
Creditors: amounts falling due within one year		(25,813)	(43,709)
Net current assets (liabilities)		1,829	25,589
Total assets less current liabilities		5,862	27,597
Total net assets (liabilities)		5,862	27,597
Capital and reserves
Called up share capital		1	1
Profit and loss account		5,861	27,596
Shareholders' funds		5,862	27,597

For the year ending 31 March 2014 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 12 December 2014

And signed on their behalf by:
Mr A C Morgan, Director

BUSINESS SYSTEMS MANAGEMENT LIMITED Registered Number 04035052

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Office equipment 20% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2013	17,139
Additions	3,833
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	20,972
Depreciation
At 1 April 2013	15,131
Charge for the year	1,808
On disposals	-
At 31 March 2014	16,939
Net book values
At 31 March 2014	4,033
At 31 March 2013	2,008