G.D. Security Systems Limited - Accounts to registrar (filleted) - small 18.2
G.D. Security Systems Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 April 2019 |
| for |
| G.D. Security Systems Limited |
| G.D. Security Systems Limited (Registered number: 01805191) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| G.D. Security Systems Limited |
| Company Information |
| for the Year Ended 30 April 2019 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 16 Beaufort Court |
| Admirals Way |
| London |
| Docklands |
| London |
| E14 9XL |
| G.D. Security Systems Limited (Registered number: 01805191) |
| Balance Sheet |
| 30 April 2019 |
| 30.4.19 | 30.4.18 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| G.D. Security Systems Limited (Registered number: 01805191) |
| Balance Sheet - continued |
| 30 April 2019 |
| 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 |
| G.D. Security Systems Limited (Registered number: 01805191) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2019 |
| 1. | STATUTORY INFORMATION |
| G.D. Security Systems Limited is a |
| 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 |
| Turnover |
| Turnover represents net invoiced value of goods and services excluding value added tax. Income is recognised as |
| services are performed. |
| Goodwill |
| Goodwill, being the amount paid in connection with the acquisition of maintenance contracts, is being amortised |
| evenly over its estimated useful life of 3 years. |
| 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 |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks and work in progress |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| Deferred income |
| Income has been deferred where the sales invoiced value of services in the year covers a period, which extends |
| beyond the year end. |
| Pensions |
| The company contributes to individual employee's workplace pension plans. Contributions payable are charged |
| to the income statement in the period to which they relate to. The assets of the plan are held separately from |
| those of the company in independently administered funds. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| G.D. Security Systems Limited (Registered number: 01805191) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2019 |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 May 2018 |
| Disposals | ( |
) |
| At 30 April 2019 |
| AMORTISATION |
| At 1 May 2018 |
| Eliminated on disposal | ( |
) |
| At 30 April 2019 |
| NET BOOK VALUE |
| At 30 April 2019 |
| At 30 April 2018 |
| 5. | TANGIBLE FIXED ASSETS |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 May 2018 |
| Additions |
| At 30 April 2019 |
| DEPRECIATION |
| At 1 May 2018 |
| Charge for year |
| At 30 April 2019 |
| NET BOOK VALUE |
| At 30 April 2019 |
| At 30 April 2018 |
| 6. | DEBTORS |
| 30.4.19 | 30.4.18 |
| £ | £ |
| Amounts falling due within one year: |
| Trade debtors |
| Other debtors |
| Prepayments |
| G.D. Security Systems Limited (Registered number: 01805191) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2019 |
| 6. | DEBTORS - continued |
| 30.4.19 | 30.4.18 |
| £ | £ |
| Amounts falling due after more than one year: |
| Amounts owed by group undertakings |
| Aggregate amounts |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.19 | 30.4.18 |
| £ | £ |
| Hire purchase contracts (see note 9) |
| Trade creditors |
| Tax |
| Social security and other taxes |
| VAT | 65,289 | 47,401 |
| Other creditors |
| Deferred income |
| Accrued expenses |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.4.19 | 30.4.18 |
| £ | £ |
| Hire purchase contracts (see note 9) |
| 9. | LEASING AGREEMENTS |
| Minimum lease payments fall due as follows: |
| Hire purchase contracts |
| 30.4.19 | 30.4.18 |
| £ | £ |
| Net obligations repayable: |
| Within one year |
| Between one and five years |
| Non-cancellable operating |
| leases |
| 30.4.19 | 30.4.18 |
| £ | £ |
| Within one year |
| Between one and five years |
| 10. | RELATED PARTY DISCLOSURES |
| During the year the company has declared dividends of £160,000 (2018 -£160,000) . |
| G.D. Security Systems Limited (Registered number: 01805191) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2019 |
| 11. | ULTIMATE CONTROLLING PARTY |
| The controlling party is OCL. |
| The ultimate controlling party is |