| Belsoft Strategic Accounting |
| Registered number: |
06852774 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
4,244 |
|
|
5,252 |
|
| Current assets |
| Debtors |
|
|
26,645 |
|
|
24,862 |
| Cash at bank and in hand |
|
|
10,142 |
|
|
11,686 |
|
|
|
36,787 |
|
|
36,548 |
|
| Creditors: amounts falling due within one year |
|
|
(32,726) |
|
|
(25,777) |
|
| Net current assets |
|
|
|
4,061 |
|
|
10,771 |
|
| Total assets less current liabilities |
|
|
|
8,305 |
|
|
16,023 |
|
|
| Provisions for liabilities |
|
|
|
(809) |
|
|
(1,019) |
|
|
| Net assets |
|
|
|
7,496 |
|
|
15,004 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
7,396 |
|
|
14,904 |
|
| Shareholder's funds |
|
|
|
7,496 |
|
|
15,004 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Ms Lyn Kent |
| Director |
| Approved by the board on 19 December 2016 |
|
| Belsoft Strategic Accounting |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
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. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance |
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
9,654 |
|
Additions |
600 |
|
Disposals |
(917) |
|
At 31 March 2016 |
9,337 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
4,402 |
|
Charge for the year |
1,445 |
|
On disposals |
(754) |
|
At 31 March 2016 |
5,093 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
4,244 |
|
At 31 March 2015 |
5,252 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
80 |
|
80 |
|
80 |
|
A Ordinary shares |
£0.10 each |
|
100 |
|
10 |
|
10 |
|
B Ordinary shares |
£0.10 each |
|
100 |
|
10 |
|
10 |
|
|
|
|
|
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Ms Lyn Kent |
|
Short term loan 1 - interest free |
10,000 |
|
- |
|
(10,000) |
|
- |
|
Short term loan 2 - interest free |
- |
|
7,616 |
|
(7,616) |
|
- |
|
|
|
10,000 |
|
7,616 |
|
(17,616) |
|
- |
|
|
|
|
|
|
|
|
|
