System Holdings Limited - Abbreviated accounts 16.3

System Holdings Limited - Abbreviated accounts 16.3

SYSTEM HOLDINGS LIMITED - Company Information

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REGISTERED NUMBER: 09589167 (England and Wales)















Abbreviated Unaudited Accounts

for the Period 13 May 2015 to 31 May 2016

for

System Holdings Limited

System Holdings Limited (Registered number: 09589167)






Contents of the Abbreviated Accounts
for the Period 13 May 2015 to 31 May 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

System Holdings Limited

Company Information
for the Period 13 May 2015 to 31 May 2016







DIRECTORS: M Salhan
Dr A Salhan





SECRETARY:





REGISTERED OFFICE: 54 Hagley Road
Edgbaston
Birmingham
West Midlands
B16 8PE





REGISTERED NUMBER: 09589167 (England and Wales)





ACCOUNTANTS: Salhan Accountants Limited
54 Hagley Road
Edgbaston
Birmingham
West Midlands
B16 8PE
Page 1
System Holdings Limited (Registered number: 09589167)

Abbreviated Balance Sheet
31 May 2016

Notes £   
FIXED ASSETS
Investments 2 2,100,000
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,100,000

CREDITORS
Amounts falling due after more than one
year
466,000
NET ASSETS 1,634,000

CAPITAL AND RESERVES
Called up share capital 3 100
Share premium 1,133,900
Profit and loss account 500,000
SHAREHOLDERS' FUNDS 1,634,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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 December 2016 and were signed on its behalf
by:





M Salhan - Director


The notes form part of these abbreviated accounts

Page 2
System Holdings Limited (Registered number: 09589167)

Notes to the Abbreviated Accounts
for the Period 13 May 2015 to 31 May 2016

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).

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 13 May 2015
and 31 May 2016 2,100,000
NET BOOK VALUE
At 31 May 2016 2,100,000
At 12 May 2015 2,100,000

3. CALLED UP SHARE CAPITAL

Page 3