Abbreviated Company Accounts - SMART SECURITY LTD

SMART SECURITY LTD - Company Information

03934349 SMART SECURITY LTD 2014-12-31 false 2014-01-01 2014-12-31 true 03934349 2014-01-01 2014-12-31 03934349 2014-12-31 03934349 2013-12-31 03934349 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 03934349 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 03934349

SMART SECURITY LTD

Abbreviated Accounts

31 December 2014

SMART SECURITY LTD Registered Number 03934349

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	15,395	19,484
		15,395	19,484
Current assets
Debtors		61,157	169,649
Cash at bank and in hand		293,212	91,378
		354,369	261,027
Creditors: amounts falling due within one year		(124,431)	(124,844)
Net current assets (liabilities)		229,938	136,183
Total assets less current liabilities		245,333	155,667
Provisions for liabilities		(3,079)	(3,897)
Total net assets (liabilities)		242,254	151,770
Capital and reserves
Called up share capital	3	4	4
Profit and loss account		242,250	151,766
Shareholders' funds		242,254	151,770

For the year ending 31 December 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 September 2015

And signed on their behalf by:
M LUZAR, Director

SMART SECURITY LTD Registered Number 03934349

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of goods supplied net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation which is calculated to write off the cost less estimated residual value, over the expected useful lives of the assets on the following basis:
Plant 25% on cost
Commercial vehicles 20% on cost

2Tangible fixed assets

	£
Cost
At 1 January 2014	66,482
Additions	4,573
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	71,055
Depreciation
At 1 January 2014	46,998
Charge for the year	8,662
On disposals	-
At 31 December 2014	55,660
Net book values
At 31 December 2014	15,395
At 31 December 2013	19,484

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
4 A Ordinary shares of £1 each	4	4