| Abbreviated Unaudited Accounts for the Year Ended 31 August 2013 |
| for |
| Beovax Computer Services Ltd |
| Abbreviated Unaudited Accounts for the Year Ended 31 August 2013 |
| for |
| Beovax Computer Services Ltd |
| Beovax Computer Services Ltd (Registered number: 02723304) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 August 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Beovax Computer Services Ltd |
| Company Information |
| for the Year Ended 31 August 2013 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Beovax Computer Services Ltd (Registered number: 02723304) |
| Abbreviated Balance Sheet |
| 31 August 2013 |
| 31.8.12 | 31.8.13 |
| £ | £ | Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Inventories |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | ( |
) |
| ( |
) | PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Merger relief account |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Beovax Computer Services Ltd (Registered number: 02723304) |
| Abbreviated Balance Sheet - continued |
| 31 August 2013 |
| The financial statements were approved by the Board of Directors on |
| Beovax Computer Services Ltd (Registered number: 02723304) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 August 2013 |
| 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 April 2008). |
| Turnover |
| Turnover represents the net value of the proportion of maintenance contracts elapsed together with goods sold, excluding |
| value added tax. |
| Goodwill |
| Tangible fixed assets |
| Improvements to property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Inventories |
| Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet |
| date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the |
| lease. |
| 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. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| Additions |
| At 31 August 2013 |
| AMORTISATION |
| Amortisation for year |
| At 31 August 2013 |
| NET BOOK VALUE |
| At 31 August 2013 |
| Beovax Computer Services Ltd (Registered number: 02723304) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 August 2013 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 September 2012 |
| Additions |
| Reclassification/transfer |
| At 31 August 2013 |
| DEPRECIATION |
| At 1 September 2012 |
| Charge for year |
| Reclassification/transfer |
| At 31 August 2013 |
| NET BOOK VALUE |
| At 31 August 2013 |
| At 31 August 2012 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 September 2012 | 50,000 |
| Additions | 357,001 |
| At 31 August 2013 | 407,001 |
| NET BOOK VALUE |
| At 31 August 2013 |
| At 31 August 2012 |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ |
| Aggregate capital and reserves | 357,001 |
| At the beginning of the year the company effected a share for share exchange to obtain the entire share capital of Beovax |
| Computer Solutions Ltd. The business and all assets and liabilities of that company were then transfered to Beovax |
| Computer Services Ltd. |
| The subsidiary has been retained as a non trading entity. |
| Beovax Computer Services Ltd (Registered number: 02723304) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 August 2013 |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.13 | 31.8.12 |
| value: | £ | £ |
| Ordinary | £1 |
| 'B' Ordinary | £1 |
| 6,948 | 5,750 |
| The company issued 1198 Ordinary shares in exchange for the entire share capital of Beovax Computer Solutions Ltd to |
| effect the acquisition of that company. |
| 7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 August 2013 and 31 August 2012: |
| 31.8.13 | 31.8.12 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |