Abbreviated Company Accounts - SECTECH LIMITED

Registered Number 03453665

SECTECH LIMITED

Abbreviated Accounts

31 December 2014

SECTECH LIMITED Registered Number 03453665

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,239	1,651
Investments	3	7,186	7,186
		8,425	8,837
Current assets
Debtors		142,763	167,150
Cash at bank and in hand		202,663	200,382
		345,426	367,532
Creditors: amounts falling due within one year		(86,775)	(88,066)
Net current assets (liabilities)		258,651	279,466
Total assets less current liabilities		267,076	288,303
Total net assets (liabilities)		267,076	288,303
Capital and reserves
Called up share capital		11,200	11,200
Profit and loss account		255,876	277,103
Shareholders' funds		267,076	288,303

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 12 September 2015

And signed on their behalf by:
K Mukhtar, Director

SECTECH LIMITED Registered Number 03453665

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 represents the value, net of value added tax and discounts, of goods provided to customers

Tangible assets depreciation policy
Depreciation has been provided at the following rate to write off assets over their estimated useful lives

2Tangible fixed assets

	£
Cost
At 1 January 2014	30,434
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	30,434
Depreciation
At 1 January 2014	28,783
Charge for the year	412
On disposals	-
At 31 December 2014	29,195
Net book values
At 31 December 2014	1,239
At 31 December 2013	1,651

3Fixed assets Investments
The fixed asset investment relates to a holding of shares in Sectech Private Limited, a company registered in India.