Company Registration No. 08516769 (England and Wales)
Securitax Limited
Unaudited accounts
for the year ended 31 May 2021
Securitax Limited
Unaudited accounts
Contents
Securitax Limited
Company Information
for the year ended 31 May 2021
Company Number
08516769 (England and Wales)
Registered Office
VIKING HOUSE
DANEHOLES ROUNDABOUT
GRAYS
ESSEX
RM16 2XE
Securitax Limited
Statement of financial position
as at 31 May 2021
Tangible assets
56,940
82,063
Cash at bank and in hand
131,906
61,172
Creditors: amounts falling due within one year
(1,403,209)
(176,474)
Net current assets
119,687
671,256
Total assets less current liabilities
176,627
753,319
Creditors: amounts falling due after more than one year
-
(72,780)
Net assets
176,627
680,539
Called up share capital
100
100
Profit and loss account
176,527
680,439
Shareholders' funds
176,627
680,539
For the year ending 31 May 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 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 28 February 2022 and were signed on its behalf by
Brett Townsend
Director
Company Registration No. 08516769
Securitax Limited
Notes to the Accounts
for the year ended 31 May 2021
Securitax Limited is a private company, limited by shares, registered in England and Wales, registration number 08516769. The registered office is VIKING HOUSE, DANEHOLES ROUNDABOUT, GRAYS, ESSEX, RM16 2XE.
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.
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:
Motor vehicles
25% straight line
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2020
2,490
101,501
74,591
178,582
At 31 May 2021
2,490
101,501
74,591
178,582
At 1 June 2020
1,629
41,788
53,102
96,519
Charge for the year
544
9,214
15,365
25,123
At 31 May 2021
2,173
51,002
68,467
121,642
At 31 May 2021
317
50,499
6,124
56,940
At 31 May 2020
861
59,713
21,489
82,063
Securitax Limited
Notes to the Accounts
for the year ended 31 May 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
545,772
13,455
Accrued income and prepayments
764,511
72,739
Other debtors
80,707
700,364
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
512,954
53,186
Taxes and social security
496,787
(189,066)
Other creditors
9,757
5,089
Loans from directors
-
407
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 43 (2020: 35).
