Abbreviated Company Accounts - ABC DIGITAL SYSTEMS LIMITED

06141903 ABC DIGITAL SYSTEMS LIMITED 2016-03-30 false 2015-03-31 2016-03-30 true 06141903 2015-03-31 2016-03-30 06141903 2016-03-30 06141903 2015-03-30 06141903 uk-gaap-cd-bus:Director1 2015-03-31 2016-03-30 06141903 uk-gaap-cd-bus:Director2 2015-03-31 2016-03-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 2016-03-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 2016-03-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-03-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-30 iso4217:GBP shares

Registered Number 06141903

ABC DIGITAL SYSTEMS LIMITED

Abbreviated Accounts

30 March 2016

ABC DIGITAL SYSTEMS LIMITED Registered Number 06141903

Abbreviated Balance Sheet as at 30 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	9,000	-
Tangible assets	3	15,113	9,450
		24,113	9,450
Current assets
Stocks		5,000	-
Debtors		120,689	151,033
Cash at bank and in hand		95,513	76,539
		221,202	227,572
Creditors: amounts falling due within one year		(20,398)	(24,519)
Net current assets (liabilities)		200,804	203,053
Total assets less current liabilities		224,917	212,503
Creditors: amounts falling due after more than one year		(3,267)	0
Provisions for liabilities		(3,023)	(1,890)
Total net assets (liabilities)		218,627	210,613
Capital and reserves
Called up share capital	4	90,001	90,001
Profit and loss account		128,626	120,612
Shareholders' funds		218,627	210,613

For the year ending 30 March 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 14 December 2016

And signed on their behalf by:
Mr J Davey, Director

ABC DIGITAL SYSTEMS LIMITED Registered Number 06141903

Notes to the Abbreviated Accounts for the period ended 30 March 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 April 2008.

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

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

Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

2Intangible fixed assets

	£
Cost
At 31 March 2015	-
Additions	10,000
Disposals	-
Revaluations	-
Transfers	-
At 30 March 2016	10,000
Amortisation
At 31 March 2015	-
Charge for the year	1,000
On disposals	-
At 30 March 2016	1,000
Net book values
At 30 March 2016	9,000
At 30 March 2015	-

3Tangible fixed assets

	£
Cost
At 31 March 2015	26,917
Additions	18,589
Disposals	(22,377)
Revaluations	-
Transfers	-
At 30 March 2016	23,129
Depreciation
At 31 March 2015	17,467
Charge for the year	3,814
On disposals	(13,265)
At 30 March 2016	8,016
Net book values
At 30 March 2016	15,113
At 30 March 2015	9,450

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 A Ordinary share of £1 each	1	1
90,000 Share Capital 2 shares of £1 each	90,000	90,000