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REGISTERED NUMBER: 04721468 (England and Wales)









BOYNS INFORMATION SYSTEMS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017






BOYNS INFORMATION SYSTEMS LTD (REGISTERED NUMBER: 04721468)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BOYNS INFORMATION SYSTEMS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTOR: R E Boyns





REGISTERED OFFICE: Unit 5 Ffordd Celyn
Lon Parcwr Business Parc
Ruthin
DENBIGHSHIRE
LL15 1NJ





REGISTERED NUMBER: 04721468 (England and Wales)

BOYNS INFORMATION SYSTEMS LTD (REGISTERED NUMBER: 04721468)

BALANCE SHEET
31 MARCH 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 291,063 308,797
Investments 6 2,200 2,200
293,263 310,997

CURRENT ASSETS
Stocks 13,450 10,514
Debtors 7 41,069 33,070
Cash at bank and in hand 30,456 44,103
84,975 87,687
CREDITORS
Amounts falling due within one year 8 78,817 59,691
NET CURRENT ASSETS 6,158 27,996
TOTAL ASSETS LESS CURRENT
LIABILITIES

299,421

338,993

CREDITORS
Amounts falling due after more than one
year

9

(5,856

)

(14,640

)

PROVISIONS FOR LIABILITIES (15,542 ) (18,625 )

ACCRUALS AND DEFERRED
INCOME

11

(73,013

)

(77,989

)
NET ASSETS 205,010 227,739

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 204,910 227,639
SHAREHOLDERS' FUNDS 205,010 227,739

BOYNS INFORMATION SYSTEMS LTD (REGISTERED NUMBER: 04721468)

BALANCE SHEET - continued
31 MARCH 2017


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 21 December 2017 and were signed by:





R E Boyns - Director


BOYNS INFORMATION SYSTEMS LTD (REGISTERED NUMBER: 04721468)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017


1. STATUTORY INFORMATION

Boyns Information Systems Ltd is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 4% Straight Line
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 10% Straight Line
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.


BOYNS INFORMATION SYSTEMS LTD (REGISTERED NUMBER: 04721468)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different
from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and
laws that have been enacted or substantively enacted by the year end and that are expected to apply to the
reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

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 profit or loss in the period to which they relate.

Government grants
Government grants relating to tangible fixed assets are treated as deferred income and released to the profit and
loss account over the expected useful live of the assets concerned. Other grants are credited to the profit and
loss account as the related expenditure is incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2016 - 8 ) .

BOYNS INFORMATION SYSTEMS LTD (REGISTERED NUMBER: 04721468)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2016
and 31 March 2017 22,328
AMORTISATION
At 1 April 2016
and 31 March 2017 22,328
NET BOOK VALUE
At 31 March 2017 -
At 31 March 2016 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2016 202,687 93,805 35,318 48,714 380,524
Additions - 15,109 - - 15,109
At 31 March 2017 202,687 108,914 35,318 48,714 395,633
DEPRECIATION
At 1 April 2016 8,181 45,744 3,256 14,546 71,727
Charge for year 8,104 12,676 3,521 8,542 32,843
At 31 March 2017 16,285 58,420 6,777 23,088 104,570
NET BOOK VALUE
At 31 March 2017 186,402 50,494 28,541 25,626 291,063
At 31 March 2016 194,506 48,061 32,062 34,168 308,797

BOYNS INFORMATION SYSTEMS LTD (REGISTERED NUMBER: 04721468)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017


6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2016
and 31 March 2017 2,200
NET BOOK VALUE
At 31 March 2017 2,200
At 31 March 2016 2,200

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 37,507 19,808
Other debtors 3,562 13,262
41,069 33,070

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Hire purchase contracts 8,784 8,784
Trade creditors 21,341 17,270
Taxation and social security 17,366 13,437
Other creditors 31,326 20,200
78,817 59,691

Included in other creditors are amounts due in respect of deferred government grants in the sum of £6,082
(2016: £8,091)

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2017 2016
£    £   
Hire purchase contracts 5,856 14,640

The amounts due under hire purchase contracts of £14,640 (2016: £23,424) are secured on the assets they are
financing. They are repayable in monthly instalments over the period of the agreement.

BOYNS INFORMATION SYSTEMS LTD (REGISTERED NUMBER: 04721468)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017


10. SECURED DEBTS

The following secured debts are included within creditors:

2017 2016
£    £   
Hire purchase contracts 14,640 23,424

11. ACCRUALS AND DEFERRED INCOME
2017 2016
£    £   
Deferred government grants 73,013 77,989

The government grant above is to be released to the profit and loss account over the lifetime of the assets it
relates to at rates equivalent to the depreciation policies of the assets, this rate being between 4% and 25% per
year.

12. RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £1,146 (2016: £1,668 due from) due to Mr R E Boyns, director.

13. CONTROLLING PARTY

The company is under the control of Mr R Boyns and Mrs E Boyns who between them own 100% of the share
capital of the company.