SystemIZed Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06826062 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

SystemIZed Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

I S Zaman

SECRETARY:

R Zaman

REGISTERED OFFICE:

C/o SJD Accountancy

1 King Street

Salford

Greater Manchester

M3 7BN

REGISTERED NUMBER:

06826062 (England and Wales)

ACCOUNTANTS:

SJD Accountancy

1 King Street

Salford

Greater Manchester

M3 7BN

FIXED ASSETS

Tangible assets

2

3,035

1,085

CURRENT ASSETS

Debtors

24,000

9,000

Cash at bank

66,201

65,947

90,201

74,947

CREDITORS

Amounts falling due within one year

40,822

60,380

NET CURRENT ASSETS

49,379

14,567

TOTAL ASSETS LESS CURRENT
LIABILITIES

52,414

15,652

CAPITAL AND RESERVES

Called up share capital

3

5

Profit and loss account

52,409

15,647

SHAREHOLDERS' FUNDS

52,414

15,652

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

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.

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 director on 21 December 2016 and were signed by:

I S Zaman - Director

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).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

4,709

Additions

3,950

At 31 March 2016

8,659

DEPRECIATION

At 1 April 2015

3,624

Charge for year

2,000

At 31 March 2016

5,624

NET BOOK VALUE

At 31 March 2016

3,035

At 31 March 2015

1,085

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

5

Ordinary

£1

5