Acclaim Safety Systems Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03923418 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2019

for

Acclaim Safety Systems Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

P Ramsell

J R Gawen

SECRETARY:

J R Gawen

REGISTERED OFFICE:

The Stables, South Wing

Ashlyns Hall

Chesham Road

Berkhamsted

Hertfordshire

HP4 2ST

REGISTERED NUMBER:

03923418 (England and Wales)

ACCOUNTANTS:

Stewarts Accountants Limited

271 High Street

Berkhamsted

Hertfordshire

HP4 1AA

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Acclaim Safety Systems Limited for the year ended 28 February 2019 which comprise the

Income Statement, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Acclaim Safety Systems Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Acclaim Safety Systems Limited and state those matters that we have agreed to state to the Board of Directors of Acclaim Safety Systems Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Acclaim Safety Systems Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Acclaim Safety 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 Acclaim Safety Systems Limited. You consider that Acclaim Safety 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 Acclaim Safety 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.

Stewarts Accountants Limited

271 High Street

Berkhamsted

Hertfordshire

HP4 1AA

22 July 2019

FIXED ASSETS

Property, plant and equipment

4

8,843

10,760

CURRENT ASSETS

Debtors

5

387,185

350,471

Cash at bank

152,142

187,320

539,327

537,791

CREDITORS

Amounts falling due within one year

6

(499,950

)

(472,417

)

NET CURRENT ASSETS

39,377

65,374

TOTAL ASSETS LESS CURRENT LIABILITIES

48,220

76,134

CAPITAL AND RESERVES

Called up share capital

600

600

Retained earnings

47,620

75,534

SHAREHOLDERS' FUNDS

48,220

76,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 22 July 2019 and were signed on its behalf by:

P Ramsell - Director

1.	STATUTORY INFORMATION

Acclaim Safety Systems Limited 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2018 - 8 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 March 2018

43,035

Additions

1,030

At 28 February 2019

44,065

DEPRECIATION

At 1 March 2018

32,275

Charge for year

2,947

At 28 February 2019

35,222

NET BOOK VALUE

At 28 February 2019

8,843

At 28 February 2018

10,760

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.19

28.2.18

£

£

Trade debtors

281,716

260,191

Other debtors

105,469

90,280

387,185

350,471

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.19

28.2.18

£

£

Trade creditors

24,932

27,404

Taxation and social security

99,432

105,108

Other creditors

375,586

339,905

499,950

472,417

Included in other creditors is an amount of £375,586 which represents deferred income. This is income that was

received in the 2018-19 financial year relating to annual subscription service periods that had not completed as at

28 February 2019 (2018 £339,424).

7.	ULTIMATE CONTROLLING PARTY

The company is controlled by the board of directors.