Arena Security Limited - Limited company - abbreviated - 11.6

Arena Security Limited - Limited company - abbreviated - 11.6

ARENA SECURITY LIMITED - Company Information

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REGISTERED NUMBER: 01789363 (England and Wales)















Arena Security Limited

Abbreviated Unaudited Accounts For The Year Ended 30 April 2015






Arena Security Limited (Registered number: 01789363)






Contents of the Abbreviated Accounts
For The Year Ended 30 April 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Arena Security Limited

Company Information
For The Year Ended 30 April 2015







DIRECTORS: Mr G Bethel
Mr G Blunt
Mrs J Whitaker





SECRETARY: Mr G Bethel





REGISTERED OFFICE: The Oldbank
Birds Hill
Letchworth
Hertfordshire
SG6 1HU





REGISTERED NUMBER: 01789363 (England and Wales)





ACCOUNTANTS: Streets ISA Limited
Building 15
Gateway 1000
Arlington Business Park
Stevenage
Hertfordshire
SG1 2FP
Page 1
Arena Security Limited (Registered number: 01789363)

Abbreviated Balance Sheet
30 April 2015

2015 2014
Notes £    £   
FIXED ASSETS
Intangible assets 2 38,250 46,750
Tangible assets 3 243,243 128,508
Investments 4 47,110 47,110
Investment property 5 1,314,538 1,057,278
1,643,141 1,279,646

CURRENT ASSETS
Debtors 426,519 468,935
Cash at bank and in hand 31,291 3,397
457,810 472,332
CREDITORS
Amounts falling due within one year 6 (207,396 ) (210,170 )
NET CURRENT ASSETS 250,414 262,162
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,893,555
1,541,808

CREDITORS
Amounts falling due after more than one
year
6
(324,942		 )
(108,916		 )
NET ASSETS 1,568,613 1,432,892

CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 413,498 310,805
Profit and loss account 1,155,015 1,121,987
SHAREHOLDERS' FUNDS 1,568,613 1,432,892

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 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 notes form part of these abbreviated accounts

Page 2 continued...
Arena Security Limited (Registered number: 01789363)

Abbreviated Balance Sheet - continued
30 April 2015


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 15 September 2015 and were signed on its behalf
by:





Mr G Bethel - Director


The notes form part of these abbreviated accounts

Page 3
Arena Security Limited (Registered number: 01789363)

Notes to the Abbreviated Accounts
For The Year Ended 30 April 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention as modified by the revaluation
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April
2008).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service
contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

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.

Freehold property - 2% on cost
Short leasehold - 10% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost

Land included in freehold property is not depreciated.

Investment property
Investment properties are shown at their open market value. The surplus or deficit arising from the annual
revaluation is transferred to the investment revaluation reserve unless a deficit, or its reversal,on an individual
investment property is expected to be permanent, in which cases it is recognised in the profit and loss account for
the year.

This is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) which,
unlike the Companies Act 2006, does not require depreciation of investment properties. Investment properties
are held for their investment potential and not for use by the company and so their current value is of prime
importance. The departure from the provisions of the Act is required in order to give a true and fair view.

Deferred tax
Deferred tax is recognised in respect of the excess taxation allowances over depreciation on fixed assets.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in
which timing difference reverse, based on the tax rates and laws enacted or substantively enacted at the balance
sheet date.

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 the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

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.

Page 4 continued...
Arena Security Limited (Registered number: 01789363)

Notes to the Abbreviated Accounts - continued
For The Year Ended 30 April 2015

1. ACCOUNTING POLICIES - continued

Operating lease income
Investment properties are let under operating leases. Income from the rent of these assets are credited to the
profit and loss account on an accrual basis.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 May 2014
and 30 April 2015 103,000
AMORTISATION
At 1 May 2014 56,250
Amortisation for year 8,500
At 30 April 2015 64,750
NET BOOK VALUE

At 30 April 2015 38,250
At 30 April 2014 46,750

3. TANGIBLE FIXED ASSETS
Total
£   
COST OR VALUATION
At 1 May 2014 465,183
Additions 80,622
Disposals (25,433 )
Revaluations 102,693
Transfer to ownership 13,391
At 30 April 2015 636,456
DEPRECIATION
At 1 May 2014 336,675
Charge for year 64,916
Eliminated on disposal (21,769 )
Transfer to ownership 13,391
At 30 April 2015 393,213
NET BOOK VALUE
At 30 April 2015 243,243
At 30 April 2014 128,508

Page 5 continued...
Arena Security Limited (Registered number: 01789363)

Notes to the Abbreviated Accounts - continued
For The Year Ended 30 April 2015

4. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 May 2014
and 30 April 2015 47,110
NET BOOK VALUE
At 30 April 2015 47,110
At 30 April 2014 47,110

5. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 May 2014 1,057,278
Additions 257,260
At 30 April 2015 1,314,538
NET BOOK VALUE
At 30 April 2015 1,314,538
At 30 April 2014 1,057,278

6. CREDITORS

Creditors include an amount of £ 359,631 (2014 - £ 125,980 ) for which security has been given.

They also include the following debts falling due in more than five years:

2015 2014
£    £   
Repayable by instalments 216,870 65,729

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

Page 6