Trustee Fire and Security Limited - Accounts to registrar (filleted) - small 18.2

Trustee Fire and Security Limited - Accounts to registrar (filleted) - small 18.2

TRUSTEE FIRE AND SECURITY LIMITED - Company Information

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REGISTERED NUMBER: 01407171 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2019

for

Trustee Fire and Security Limited
Trustee Fire and Security Limited (Registered number: 01407171)






Contents of the Financial Statements
for the Year Ended 31 December 2019




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Trustee Fire and Security Limited

Company Information
for the Year Ended 31 December 2019







DIRECTORS: N J Toomey
T J Matthews



REGISTERED OFFICE: 21 Sangley Road
Catford
London
SE6 2DD



REGISTERED NUMBER: 01407171 (England and Wales)



BANKERS: Santander
Bridle Road
Bootle
Merseyside
L30 4GB
Page 1
Trustee Fire and Security Limited (Registered number: 01407171)

Abridged Balance Sheet
31 December 2019

31.12.19 31.12.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 65,496 20,226

CURRENT ASSETS
Stocks 19,250 5,000
Debtors 547,789 102,980
Cash at bank 274,417 61,660
841,456 169,640
CREDITORS
Amounts falling due within one year 772,657 157,605
NET CURRENT ASSETS 68,799 12,035
TOTAL ASSETS LESS CURRENT
LIABILITIES
134,295
32,261

PROVISIONS FOR LIABILITIES 7,675 3,850
NET ASSETS 126,620 28,411

CAPITAL AND RESERVES
Called up share capital 5 2 2
Retained earnings 6 126,618 28,409
SHAREHOLDERS' FUNDS 126,620 28,411

The notes form part of these financial statements

Page 2 continued...
Trustee Fire and Security Limited (Registered number: 01407171)

Abridged Balance Sheet - continued
31 December 2019


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 March 2020 and were
signed on its behalf by:





N J Toomey - Director


The notes form part of these financial statements

Page 3
Trustee Fire and Security Limited (Registered number: 01407171)

Notes to the Financial Statements
for the Year Ended 31 December 2019

1. STATUTORY INFORMATION

Trustee Fire and Security 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
Turnover 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.
Improvements to property - 33% on cost
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% 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.

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.

Page 4 continued...
Trustee Fire and Security Limited (Registered number: 01407171)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019

2. ACCOUNTING POLICIES - continued

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 13 (2018 - 6 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2019 24,536
Additions 60,674
Disposals (5,800 )
At 31 December 2019 79,410
DEPRECIATION
At 1 January 2019 4,310
Charge for year 10,404
Eliminated on disposal (800 )
At 31 December 2019 13,914
NET BOOK VALUE
At 31 December 2019 65,496
At 31 December 2018 20,226

5. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.19 31.12.18
value: £    £   
2 Ordinary 1 2 2

6. RESERVES
Retained
earnings
£   

At 1 January 2019 28,409
Profit for the year 98,209
At 31 December 2019 126,618

Page 5 continued...
Trustee Fire and Security Limited (Registered number: 01407171)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019

7. ULTIMATE CONTROLLING PARTY

The controlling parties are NJ Toomey and TJ Matthews, the directors of the company.

8. HOLDING COMPANY

The company is a wholly owned subsidiary of Trustee Alarms Limited, a company registered
in England and Wales.

At the end of the year the company was owed £14,759 by Trustee Alarms Limited (2018 £nil)
in respect of loan advances which is repayable on demand.

Page 6