Securitay Limited,Ltd - AccountsLtd - Accounts

Securitay Limited,Ltd - AccountsLtd - Accounts

SECURITAY LIMITED - Company Information

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2020-03-01 SC163291 2021-02-28 SC163291 2020-03-01 2021-02-28 SC163291 2020-02-29 SC163291 2019-03-01 2020-02-29 SC163291 uk-core:WithinOneYear 2020-02-29 SC163291 uk-core:WithinOneYear 2021-02-28 SC163291 uk-core:AfterOneYear 2020-02-29 SC163291 uk-core:AfterOneYear 2021-02-28 SC163291 uk-core:ShareCapital 2021-02-28 SC163291 uk-core:ShareCapital 2020-02-29 SC163291 uk-core:RetainedEarningsAccumulatedLosses 2021-02-28 SC163291 uk-core:RetainedEarningsAccumulatedLosses 2020-02-29 SC163291 uk-bus:Director1 2020-03-01 2021-02-28 SC163291 uk-core:Buildings 2020-03-01 2021-02-28 SC163291 uk-core:PlantMachinery 2020-03-01 2021-02-28 SC163291 uk-core:MotorVehicles 2020-03-01 2021-02-28 SC163291 uk-core:PlantMachinery 2020-02-29 SC163291 uk-core:Buildings 2020-02-29 SC163291 uk-core:Buildings 2021-02-28 SC163291 uk-core:PlantMachinery 2021-02-28 iso4217:GBP xbrli:pure SC163291 uk-bus:AuditExemptWithAccountantsReport 2020-03-01 2021-02-28 SC163291 uk-bus:FRS102 2020-03-01 2021-02-28 SC163291 uk-bus:FullAccounts 2020-03-01 2021-02-28 SC163291 uk-bus:PrivateLimitedCompanyLtd 2020-03-01 2021-02-28
Securitay Limited
Registered Number:SC163291
For the year ended 28 February 2021
Scotland
Unaudited Financial Statements
2
For the year ended 28 February 2021
Securitay Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC163291
As at 28 February 2021
Securitay Limited
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
48,428
51,234
2
48,428
51,234
Current assets
Trade and other receivables
916,518
1,337,703
3
345,280
Cash and cash equivalents
336,643
1,674,346
1,261,798
Trade and other payables: amounts falling due within one year
(689,107)
(886,235)
4
572,691
788,111
Net current assets
Total assets less current liabilities
836,539
623,925
Trade and other payables: amounts falling due after more than one year
(2,063)
(37,140)
799,399
Net assets
621,862
Capital and reserves
Called up share capital
2
2
Retained earnings
799,397
621,860
799,399
621,862
Shareholders' funds
For the year ended 28 February 2021 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 of its financial statements for the year ended 28 February 2021 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Neil Cameron Director
These financial statements were approved and authorised for issue by the Board on 30 December 2021 and were signed by:
The notes form part of these financial statements
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4
For the year ended 28 February 2021
Securitay Limited
Notes to the Financial Statements
Statutory Information
Securitay Limited is a private limited company, limited by shares, domiciled in Scotland, registration number SC163291.
Registered address:
31 Church Street
Broughty Ferry
Dundee
DD5 1HB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Freehold property
1% Reducing balance
Plant & machinery
15% Reducing balance
25% Reducing balance
Motor vehicles
2. Property, plant and equipment
Total
Plant & machinery
Freehold property
£
£
£
Cost or valuation
At 01 March 2020
206,948
165,610
41,338
At 28 February 2021
41,338
165,610
206,948
Provision for depreciation and impairment
At 01 March 2020
155,714
149,225
6,489
Charge for year
2,806
2,458
348
At 28 February 2021
158,520
151,683
6,837
At 28 February 2021
Net book value
34,501
13,927
48,428
At 29 February 2020
34,849
16,385
51,234
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5
For the year ended 28 February 2021
Securitay Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2020
2021
£
£
Trade debtors
1,324,814
883,524
Other debtors
12,889
32,994
916,518
1,337,703
4. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Trade creditors
128,124
27,119
Taxation and social security
416,113
295,793
Other creditors
341,998
366,195
886,235
689,107
5. Average number of persons employed
During the year the average number of employees was 130 (2020 : 124)
3 of 3