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REGISTERED NUMBER: 04587401 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 March 2013

for

Retail Systems Limited

Retail Systems Limited (Registered number: 04587401)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Chartered Certified Accountants' Report 6

Retail Systems Limited

Company Information
for the Year Ended 31 March 2013







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 2013

31.3.13 31.3.12
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 2,250 -
Tangible assets 3 1,704 437
3,954 437

CURRENT ASSETS
Stocks 7,997 6,976
Debtors 9,674 40,564
Cash at bank and in hand 142,200 105,324
159,871 152,864
CREDITORS
Amounts falling due within one year 22,802 33,187
NET CURRENT ASSETS 137,069 119,677
TOTAL ASSETS LESS CURRENT
LIABILITIES

141,023

120,114

PROVISIONS FOR LIABILITIES 341 -
NET ASSETS 140,682 120,114

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 140,582 120,014
SHAREHOLDERS' FUNDS 140,682 120,114

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2013 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.

Retail Systems Limited (Registered number: 04587401)

Abbreviated Balance Sheet - continued
31 March 2013


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 16 December 2013 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 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 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. INTANGIBLE FIXED ASSETS
Total
£   
COST
Additions 2,500
At 31 March 2013 2,500
AMORTISATION
Amortisation for year 250
At 31 March 2013 250
NET BOOK VALUE

At 31 March 2013 2,250

Retail Systems Limited (Registered number: 04587401)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2013

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2012 3,922
Additions 2,281
At 31 March 2013 6,203
DEPRECIATION
At 1 April 2012 3,485
Charge for year 1,014
At 31 March 2013 4,499
NET BOOK VALUE
At 31 March 2013 1,704
At 31 March 2012 437

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.13 31.3.12
value: £    £   
100 Ordinary 1 100 100

5. TRANSACTIONS WITH DIRECTOR

During the year the company paid the director, Mr A S Jacobs £38,000, in respect of his shareholdings in
the company.

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Retail Systems Limited

The following reproduces the text of the report prepared for the director in respect of the company's
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages
two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Retail Systems Limited for the year ended 31 March 2013 which comprise the Profit and
Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from
information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical
and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of Retail Systems Limited in accordance with our terms of engagement.
Our work has been undertaken solely to prepare for your approval the financial statements of Retail Systems
Limited and state those matters that we have agreed to state to the director of Retail Systems Limited in this
report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Retail Systems Limited has kept adequate accounting records and to prepare
statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of
Retail Systems Limited. You consider that Retail Systems Limited is exempt from the statutory audit requirement
for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Retail Systems
Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or
information and explanations you have given to us and we do not, therefore, express any opinion on the statutory
financial statements.






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


16 December 2013