SECURITAX LIMITED

SECURITAX LIMITED

SECURITAX LIMITED - Company Information

Print Friendly Version

SECURITAX LIMITED

Company Registration Number:
08516769 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2018

Period of accounts

Start date: 01 June 2017

End date: 31 May 2018

SECURITAX LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2018

Balance sheet
Notes

SECURITAX LIMITED

Balance sheet

As at 31 May 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 276,544 78,073
Total fixed assets: 276,544 78,073
Current assets
Debtors:   952,821 45,533
Cash at bank and in hand: 38,551 111,388
Total current assets: 991,372 156,921
Creditors: amounts falling due within one year: 4 (1,065,718) (194,202)
Net current assets (liabilities): (74,346) (37,281)
Total assets less current liabilities: 202,198 40,792
Creditors: amounts falling due after more than one year: 5 (96,354) 0
Total net assets (liabilities): 105,844 40,792
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 105,744 40,692
Shareholders funds: 105,844 40,792

The notes form part of these financial statements

SECURITAX LIMITED

Balance sheet statements

For the year ending 31 May 2018 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 April 2019
and signed on behalf of the board by:

Name: Brett Townsend
Status: Director

The notes form part of these financial statements

SECURITAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SECURITAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2018

2. Employees

2018 2017
Average number of employees during the period 16 10

SECURITAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2018

3. Tangible Assets

Total
Cost £
At 01 June 2017 85,411
Additions 229,352
At 31 May 2018 314,763
Depreciation
At 01 June 2017 7,338
Charge for year 30,881
At 31 May 2018 38,219
Net book value
At 31 May 2018 276,544
At 31 May 2017 78,073

SECURITAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2018

4. Creditors: amounts falling due within one year note

Bank loans and overdrafts 2018: £600,000Bank loans and overdrafts 2017: £-Trade Creditors 2018: £276,050Trade Creditors 2017: £114,599Corporation tax 2018: £-Corporation tax 2017: £10,646Social security and other taxes 2018: £92,503Social security and other taxes 2017: £51,742Other creditors 2018: £97,165Other creditors 2017: £17,215

SECURITAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2018

5. Creditors: amounts falling due after more than one year note

Trade creditors 2018: £72,780Trade creditors 2017: £- Other creditors 2018: £23,574Other creditors 2017: £-

SECURITAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2018

6. Loans to directors

Name of director receiving advance or credit: Brett Townsend
Description of the loan: Loan from director 2018- Balance outstanding: (£1,810)
£
Balance at 01 June 2017 3,705
Advances or credits repaid: 1,895
Balance at 31 May 2018 1,810