Analytical Information Systems Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 02613379 (England and Wales)

ANALYTICAL INFORMATION SYSTEMS LTD

Abbreviated Unaudited Accounts

for the Year Ended 31 May 2016

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

to

4

Notes to the Abbreviated Accounts

5

to

7

DIRECTORS:

Dr M P Bertenshaw

Dr D W Darkin

Mrs S Bertenshaw

Mrs S D Darkin

REGISTERED OFFICE:

Britannia Court

5 Moor Street

WORCESTER

Worcestershire

WR1 3DB

REGISTERED NUMBER:

02613379 (England and Wales)

ACCOUNTANTS:

Haines Watts Worcester Limited

Chartered Certified Accountants

Britannia Court

5 Moor Street

WORCESTER

WR1 3DB

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages

three to seven) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of Analytical Information Systems Ltd for the year ended 31 May 2016 which

comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting

records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Analytical Information Systems Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Analytical Information Systems Ltd and state those matters that we have agreed to state to the Board of Directors of Analytical Information Systems Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Analytical Information Systems Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Analytical Information Systems Ltd. You consider that Analytical Information Systems Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Analytical Information Systems Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Haines Watts Worcester Limited

Chartered Certified Accountants

Britannia Court

5 Moor Street

WORCESTER

WR1 3DB

31 January 2017

FIXED ASSETS

Tangible assets

2

56,033

52,987

CURRENT ASSETS

Debtors

160,598

118,675

Cash at bank

91,979

156,655

252,577

275,330

CREDITORS

Amounts falling due within one year

66,645

66,057

NET CURRENT ASSETS

185,932

209,273

TOTAL ASSETS LESS CURRENT
LIABILITIES

241,965

262,260

PROVISIONS FOR LIABILITIES

9,251

10,036

NET ASSETS

232,714

252,224

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

232,614

252,124

SHAREHOLDERS' FUNDS

232,714

252,224

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

The members have not required the company to obtain an audit of its financial statements for the year 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 31 January 2017 and were signed on its
behalf by:

Dr M P Bertenshaw - Director

Dr D W Darkin - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

Turnover represents net invoiced sales of goods and 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.

Improvements to property

-

10% on cost

Office equipment

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

50% straight line and 33% straight line

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

Going concern

The financial statements have been prepared on a going concern basis and no material uncertainties

exist that impact on the company's ability to trade.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

141,240

Additions

26,375

Disposals

(36,764

)

At 31 May 2016

130,851

DEPRECIATION

At 1 June 2015

88,253

Charge for year

16,064

Eliminated on disposal

(29,499

)

At 31 May 2016

74,818

NET BOOK VALUE

At 31 May 2016

56,033

At 31 May 2015

52,987

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

50

Share capital 2

£1

50

Share capital 3

£1

50

100

4.	RELATED PARTY DISCLOSURES

During the year rental payments of £18,498 (2015 £23,000) were made for a property occupied by the

company under a lease with the Self Invested Personal Pension (SIPP) of the directors and

shareholders.

During the year the company paid for services with a value of £16,511 (2015 £15,565) from Darkin

Systems Limited, a company of which Mr G Darkin is a director, son of the Directors Dr D and Mrs S

Darkin.

During the year dividends totalling £170,000 (2015 £82,000) were paid to the directors, Dr D and Mrs

S Darkin and Dr M and Mrs S Bertenshaw.

5.	CONTROLLING INTEREST

The company is under the common control of the directors by virtue of them each having 25% of the

issued share capital in the company.