Abbreviated Company Accounts - AGRITEC SYSTEMS LIMITED

04421289 AGRITEC SYSTEMS LIMITED 2016-04-30 false 2015-09-01 2016-04-30 true 04421289 2015-09-01 2016-04-30 04421289 2016-04-30 04421289 2015-08-31 04421289 uk-gaap-cd-bus:Director1 2015-09-01 2016-04-30 04421289 uk-gaap-cd-bus:Director2 2015-09-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-09-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-08-31 iso4217:GBP shares

Registered Number 04421289

AGRITEC SYSTEMS LIMITED

Abbreviated Accounts

30 April 2016

AGRITEC SYSTEMS LIMITED Registered Number 04421289

Abbreviated Balance Sheet as at 30 April 2016

	Notes	30/04/2016	31/08/2015
		£	£
Fixed assets
Tangible assets	2	269,816	219,081
		269,816	219,081
Current assets
Debtors		10,200	-
Cash at bank and in hand		397,769	114,728
		407,969	114,728
Creditors: amounts falling due within one year		(120,608)	(176,304)
Net current assets (liabilities)		287,361	(61,576)
Total assets less current liabilities		557,177	157,505
Creditors: amounts falling due after more than one year		(60,000)	(60,000)
Total net assets (liabilities)		497,177	97,505
Capital and reserves
Called up share capital	3	2,001	2,001
Share premium account		249,800	249,800
Profit and loss account		245,376	(154,296)
Shareholders' funds		497,177	97,505

For the year ending 30 April 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 7 October 2016

And signed on their behalf by:
Mr R Thornhill, Director

AGRITEC SYSTEMS LIMITED Registered Number 04421289

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts earned during the period exclusive of VAT.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimate residual value, over the useful economic life of that asset as follows: motor vehicles 25% reducing balance and equipment 10% straight line.

2Tangible fixed assets

	£
Cost
At 1 September 2015	237,383
Additions	72,283
Disposals	(10,800)
Revaluations	-
Transfers	-
At 30 April 2016	298,866
Depreciation
At 1 September 2015	18,302
Charge for the year	20,647
On disposals	(9,899)
At 30 April 2016	29,050
Net book values
At 30 April 2016	269,816
At 31 August 2015	219,081

3Called Up Share Capital
Allotted, called up and fully paid:

	30/04/2016 £	31/08/2015 £
2,000 A Ordinary shares of £1 each	2,000	2,000
1 B Ordinary shares of £1 each	1	1