Company Registration No. 03130393 (England and Wales)
Layer3 Systems Limited
Unaudited accounts
for the year ended 30 April 2019
Layer3 Systems Limited
Unaudited accounts
Contents
Layer3 Systems Limited
Company Information
for the year ended 30 April 2019
Director
Vivian Charles Gregory
Secretary
Linda Jane Lewis
Company Number
03130393 (England and Wales)
Registered Office
43 Pendle Road
Streatham
London
SW16 6RT
England
Layer3 Systems Limited
Statement of financial position
as at
30 April 2019
Tangible assets
9,955
14,203
Cash at bank and in hand
727,152
814,125
Creditors: amounts falling due within one year
(57,543)
(120,410)
Net current assets
786,749
719,274
Total assets less current liabilities
796,704
733,477
Creditors: amounts falling due after more than one year
(7,330)
(6,290)
Net assets
789,374
727,187
Called up share capital
4
4
Profit and loss account
789,370
727,183
Shareholders' funds
789,374
727,187
For the year ending 30 April 2019 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 11 June 2019.
Vivian Charles Gregory
Director
Company Registration No. 03130393
Layer3 Systems Limited
Notes to the Accounts
for the year ended 30 April 2019
Layer3 Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 03130393. The registered office is 43 Pendle Road, Streatham, London, SW16 6RT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Charge for the year
7,128
Surplus on revaluation
(8,549)
Layer3 Systems Limited
Notes to the Accounts
for the year ended 30 April 2019
Trade debtors
117,140
25,559
6
Creditors: amounts falling due within one year
2019
2018
Trade creditors
57,543
120,410
7
Creditors: amounts falling due after more than one year
2019
2018
Other creditors
7,330
6,290
8
Share capital
2019
2018
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
9
Average number of employees
During the year the average number of employees was 0 (2018: 0).