Effect Systems Limited - Limited company - abbreviated - 11.6
Effect Systems Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS |
| FOR THE PERIOD 1 SEPTEMBER 2013 TO 31 MAY 2014 |
| FOR |
| EFFECT SYSTEMS LIMITED |
| EFFECT SYSTEMS LIMITED (REGISTERED NUMBER: 03177018) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the period 1 September 2013 to 31 May 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Report of the Accountants | 6 |
| EFFECT SYSTEMS LIMITED |
| COMPANY INFORMATION |
| for the period 1 September 2013 to 31 May 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| EFFECT SYSTEMS LIMITED (REGISTERED NUMBER: 03177018) |
| ABBREVIATED BALANCE SHEET |
| 31 May 2014 |
| 31/5/14 | 31/8/13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| EFFECT SYSTEMS LIMITED (REGISTERED NUMBER: 03177018) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 May 2014 |
| The financial statements were approved by the director on |
| EFFECT SYSTEMS LIMITED (REGISTERED NUMBER: 03177018) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the period 1 September 2013 to 31 May 2014 |
| 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 April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving |
| items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet |
| date. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet |
| date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. |
| Exchange differences are taken into account in arriving at the operating result. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 September 2013 |
| Additions |
| At 31 May 2014 |
| DEPRECIATION |
| At 1 September 2013 |
| Charge for period |
| At 31 May 2014 |
| NET BOOK VALUE |
| At 31 May 2014 |
| At 31 August 2013 |
| EFFECT SYSTEMS LIMITED (REGISTERED NUMBER: 03177018) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the period 1 September 2013 to 31 May 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/5/14 | 31/8/13 |
| value: | £ | £ |
| Ordinary | £1 |
| EFFECT SYSTEMS LIMITED |
| REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF |
| EFFECT SYSTEMS LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have |
| been prepared. |
| As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended |
| 31 May 2014 set out on pages three to nine and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your |
| statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| Chartered Accountants |
| 22 December 2014 |