Certus Security LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC341296 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2019

for

Certus Security LLP

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

5

6,839

8,781

CURRENT ASSETS

Stocks

150,119

155,568

Debtors

870,881

610,985

Cash at bank

343

80,892

1,021,343

847,445

CREDITORS

Amounts falling due within one year

670,354

498,523

NET CURRENT ASSETS

350,989

348,922

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

357,828

357,703

PARTNERS CURRENT ACCOUNTS

-

-

MEMBERS' OTHER INTERESTS

Capital accounts

357,828

357,703

357,828

357,703

TOTAL MEMBERS' INTERESTS

Members' other interests

357,828

357,703

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31st March 2019.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2019 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP on 21st October 2019 and were signed by:

I C Technical Services Limited - Designated member

1.	STATUTORY INFORMATION

Certus Security LLP is registered in England and Wales. The LLP's registered number and registered office address

are as below:

Registered number:

OC341296

Registered office:

Kings Lodge

London Road

West Kingsdown

Sevenoaks

Kent

TN15 6AR

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue recognition

Sales comprise the fair value of the consideration received or receivable for the sale of goods and rendering of

services in the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates

and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that

future economic benefits will flow to the entity and when specific criteria have been met for each of the

company's activities as follows:

Revenue from the sale of goods is recognised at the point at which the goods have been delivered to the

customer.

Revenue from the sale of installation and servicing of security equipment services is recognised at the point at

which those services have been provided to the customer. Where payments are received from customers in

advance of services provided, the amounts are recorded as deferred income and included as part of creditors due

within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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 profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are

charged to profit or loss in the period to which they relate.

4.	EMPLOYEE INFORMATION

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

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2018

35,885

Additions

266

At 31st March 2019

36,151

DEPRECIATION

At 1st April 2018

27,104

Charge for year

2,208

At 31st March 2019

29,312

NET BOOK VALUE

At 31st March 2019

6,839

At 31st March 2018

8,781

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1st April 2018

and 31st March 2019

9,500

DEPRECIATION

At 1st April 2018

6,494

Charge for year

751

At 31st March 2019

7,245

NET BOOK VALUE

At 31st March 2019

2,255

At 31st March 2018

3,006

6.	ULTIMATE CONTROLLING PARTY

The partnership was under the control of I C Technical Services Limited, Certus Security UK Limited and Paul

Cross Limited for the entire year.