Company Registration No. 06686884 (England and Wales)
DCA Security Systems Limited
Unaudited accounts
for the year ended 30 September 2022
DCA Security Systems Limited
Unaudited accounts
Contents
DCA Security Systems Limited
Company Information
for the year ended 30 September 2022
Company Number
06686884 (England and Wales)
Registered Office
6 Progression Centre Mark Road
Hemel Hempstead Industrial Estate
Hemel Hempstead
Hertfordshire
HP2 7DW
Accountants
SHC Accountants Limited
58 Malvern Way
Croxley Green
Rickmansworth
Hertfordshire
WD3 3QG
DCA Security Systems Limited
Statement of financial position
as at 30 September 2022
Tangible assets
50,978
52,439
Cash at bank and in hand
40,099
77,202
Creditors: amounts falling due within one year
(188,568)
(112,877)
Net current assets
47,546
105,022
Total assets less current liabilities
98,524
157,461
Creditors: amounts falling due after more than one year
(92,500)
(150,000)
Called up share capital
11
11
Profit and loss account
6,013
7,450
Shareholders' funds
6,024
7,461
For the year ending 30 September 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 January 2023 and were signed on its behalf by
Mr O J Hinks
Director
Company Registration No. 06686884
DCA Security Systems Limited
Notes to the Accounts
for the year ended 30 September 2022
DCA Security Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 06686884. The registered office is 6 Progression Centre Mark Road, Hemel Hempstead Industrial Estate, Hemel Hempstead, Hertfordshire, HP2 7DW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% on cost
Fixtures & fittings
25% on cost
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on material timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
DCA Security Systems Limited
Notes to the Accounts
for the year ended 30 September 2022
Government grants are recognised using the accrual model whereby revenue grants are recognised on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
A grant that becomes receivable as compensation for expenses or losses already incurred, or for the purpose of giving immediate financial support to the entity with no future related costs, shall be recognised in income in the period in which it becomes receivable.
Coronavirus Job Retention Scheme (CJRS) - Income in respect of the CJRS is recognised in the period to which the underlying furloughed staff costs relate, the payroll liability has been incurred by the entity, and therefore the conditions to claim have been met.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2021
66,804
12,208
79,012
Additions
507
24,557
25,064
At 30 September 2022
67,311
36,765
104,076
At 1 October 2021
25,105
1,468
26,573
Charge for the year
18,024
8,501
26,525
At 30 September 2022
43,129
9,969
53,098
At 30 September 2022
24,182
26,796
50,978
At 30 September 2021
41,699
10,740
52,439
Amounts falling due within one year
Trade debtors
92,870
77,780
Accrued income and prepayments
79,246
36,848
Other debtors
18,899
21,069
DCA Security Systems Limited
Notes to the Accounts
for the year ended 30 September 2022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
30,000
-
Trade creditors
120,704
66,279
Taxes and social security
11,381
13,576
Other creditors
4,458
11,382
7
Creditors: amounts falling due after more than one year
2022
2021
8
Operating lease commitments
2022
2021
At 30 September 2022 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
59,279
20,491
Later than one year and not later than five years
155,352
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to Director
4,233
-
2,170
2,063
10
Average number of employees
During the year the average number of employees was 12 (2021: 10).
