Bonnett Security Systems Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04492093 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2014

FOR

BONNETT SECURITY SYSTEMS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr M J Bonnett

SECRETARY:

Mrs C M Bonnett

REGISTERED OFFICE:

51 Clarkegrove Road

Sheffield

South Yorkshire

S10 2NH

REGISTERED NUMBER:

04492093 (England and Wales)

ACCOUNTANTS:

Brown McLeod Limited

Chartered Accountants

51 Clarkegrove Road

Sheffield

South Yorkshire

S10 2NH

FIXED ASSETS

Tangible assets

2

2,821

2,433

CURRENT ASSETS

Debtors

2,485

4,800

Cash at bank

11,147

17,075

13,632

21,875

CREDITORS

Amounts falling due within one year

4,971

5,392

NET CURRENT ASSETS

8,661

16,483

TOTAL ASSETS LESS CURRENT LIABILITIES

11,482

18,916

PROVISIONS FOR LIABILITIES

501

409

NET ASSETS

10,981

18,507

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

10,980

18,506

SHAREHOLDERS' FUNDS

10,981

18,507

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 7 April 2015 and were signed by:

Mr M J Bonnett - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

8,998

Additions

1,060

At 31 July 2014

10,058

DEPRECIATION

At 1 August 2013

6,565

Charge for year

672

At 31 July 2014

7,237

NET BOOK VALUE

At 31 July 2014

2,821

At 31 July 2013

2,433

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

1

Ordinary

£1

1

1