Verricom Systems Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04588515

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2014

FOR

VERRICOM SYSTEMS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G N Verrier

S L Verrier

REGISTERED OFFICE:

2 Lake End Court

Taplow Road

Taplow

Maidenhead

Berkshire

SL6 0JQ

REGISTERED NUMBER:

04588515

ACCOUNTANTS:

Stiles & Company

2 Lake End Court

Taplow

Maidenhead

Berkshire

SL6 0JQ

FIXED ASSETS

Tangible assets

2

2,387

494

CURRENT ASSETS

Debtors

9,178

18,405

Cash at bank and in hand

27,024

17,830

36,202

36,235

CREDITORS

Amounts falling due within one year

32,498

32,392

NET CURRENT ASSETS

3,704

3,843

TOTAL ASSETS LESS CURRENT LIABILITIES

6,091

4,337

CAPITAL AND RESERVES

Called up share capital

3

3

3

Profit and loss account

6,088

4,334

SHAREHOLDERS' FUNDS

6,091

4,337

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 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 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 Board of Directors on 31 July 2015 and were signed on its behalf by:

G N Verrier - 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

-

33% on cost

Fixtures and fittings

-

25% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

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 the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

6,933

Additions

2,118

At 30 November 2014

9,051

DEPRECIATION

At 1 December 2013

6,439

Charge for year

225

At 30 November 2014

6,664

NET BOOK VALUE

At 30 November 2014

2,387

At 30 November 2013

494

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

2

Ordinary "A" shares

£1.00

2

2

1

Ordinary "B" shares

£1.00

1

1

3

3