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REGISTERED NUMBER: 04587401 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 March 2012

for

Retail Systems Limited

Retail Systems Limited (Registered number: 04587401)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2012




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Retail Systems Limited

Company Information
for the Year Ended 31 March 2012







DIRECTOR: A S Jacobs





SECRETARY: Mrs M Z Jacobs





REGISTERED OFFICE: 21 Ridgeway Crescent
Newport
Blaenau Gwent
NP20 5AP





REGISTERED NUMBER: 04587401 (England and Wales)





ACCOUNTANTS: JLS & Co Accountants Limited
112 Gilfach Street
Bargoed
CF81 8LQ

Retail Systems Limited (Registered number: 04587401)

Abbreviated Balance Sheet
31 March 2012

31.3.12 31.3.11
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 437 405

CURRENT ASSETS
Stocks 6,976 6,211
Debtors 40,564 38,193
Cash at bank and in hand 105,324 59,924
152,864 104,328
CREDITORS
Amounts falling due within one year 33,187 26,957
NET CURRENT ASSETS 119,677 77,371
TOTAL ASSETS LESS CURRENT LIABILITIES 120,114 77,776

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 120,014 77,676
SHAREHOLDERS' FUNDS 120,114 77,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2012.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2012 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 financial statements were approved by the director on 14 December 2012 and were signed by:





A S Jacobs - Director


Retail Systems Limited (Registered number: 04587401)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2012

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 net invoiced sales of goods, excluding value added tax.

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

Plant and machinery etc - 33% on cost

Stocks
Stocks 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.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2011 3,374
Additions 548
At 31 March 2012 3,922
DEPRECIATION
At 1 April 2011 2,969
Charge for year 516
At 31 March 2012 3,485
NET BOOK VALUE
At 31 March 2012 437
At 31 March 2011 405

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.12 31.3.11
value: £    £   
100 Ordinary 1 100 100