John Laing Software Limited - Abbreviated accounts 16.3

John Laing Software Limited - Abbreviated accounts 16.3

JOHN LAING SOFTWARE LIMITED - Company Information

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08748727 1.11.15 31.10.16 31.10.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure087487272015-10-31087487272016-10-31087487272015-11-012016-10-31087487272014-10-31087487272014-11-012015-10-31087487272015-10-3108748727ns12:England2015-11-012016-10-3108748727ns14:PoundSterling2015-11-012016-10-3108748727ns7:Director12015-11-012016-10-3108748727ns7:OrdinaryShareClass12015-11-012016-10-3108748727ns5:ComputerEquipment2015-11-012016-10-3108748727ns7:OrdinaryShareClass12016-10-3108748727ns7:OrdinaryShareClass12015-10-3108748727ns7:Director12015-10-3108748727ns7:Director12014-10-3108748727ns7:Director12014-11-012015-10-3108748727ns7:Director12016-10-3108748727ns7:Director12015-10-31
REGISTERED NUMBER: 08748727 (England and Wales)












JOHN LAING SOFTWARE LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016













JOHN LAING SOFTWARE LIMITED (REGISTERED NUMBER: 08748727)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2016










Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 3

JOHN LAING SOFTWARE LIMITED (REGISTERED NUMBER: 08748727)

ABBREVIATED BALANCE SHEET
31 OCTOBER 2016

2016 2015
Notes £    £   
FIXED ASSETS
Tangible assets 2 1,383 2,075

CURRENT ASSETS
Debtors 62,272 27,751
Cash at bank 103,087 171,158
165,359 198,909
CREDITORS
Amounts falling due within one year (10,255 ) (26,249 )
NET CURRENT ASSETS 155,104 172,660
TOTAL ASSETS LESS CURRENT
LIABILITIES
156,487
174,735

PROVISIONS FOR LIABILITIES (277 ) (415 )
NET ASSETS 156,210 174,320

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 156,110 174,220
SHAREHOLDERS' FUNDS 156,210 174,320

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 notes form part of these abbreviated accounts

Page 1 continued...
JOHN LAING SOFTWARE LIMITED (REGISTERED NUMBER: 08748727)

ABBREVIATED BALANCE SHEET - continued
31 OCTOBER 2016



The financial statements were approved by the director on 3 July 2017 and were signed by:





J B Laing - Director


The notes form part of these abbreviated accounts

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JOHN LAING SOFTWARE LIMITED (REGISTERED NUMBER: 08748727)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 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).

Turnover
Turnover represents the value of services provided under contracts to the extent that there is a right to
consideration and is recorded at the value of the consideration due.

Where a contract has only been partially completed at the balance sheet date turnover represents the value of the
service provided to date based on a proportion of the total expected consideration at completion. Where
payments are received from customers in advance of services provided, the amounts are recorded as deferred
income and included as part of creditors due within one year.

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

Computer equipment - 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.

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.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2015
and 31 October 2016 3,113
DEPRECIATION
At 1 November 2015 1,038
Charge for year 692
At 31 October 2016 1,730
NET BOOK VALUE
At 31 October 2016 1,383
At 31 October 2015 2,075

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JOHN LAING SOFTWARE LIMITED (REGISTERED NUMBER: 08748727)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2016


3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2016 and
31 October 2015:

2016 2015
£    £   
J B Laing
Balance outstanding at start of year 11,394 4,874
Amounts advanced 148,881 22,234
Amounts repaid (114,803 ) (15,714 )
Balance outstanding at end of year 45,472 11,394

Interest has been charged on the above balance at the HMRC approved rate.

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