Company Registration No. 12445536 (England and Wales)
Ft Security Systems Limited
Unaudited accounts
for the year ended 31 March 2022
Ft Security Systems Limited
Unaudited accounts
Contents
Ft Security Systems Limited
Company Information
for the year ended 31 March 2022
Director
Mark Andrew Blackwell
Company Number
12445536 (England and Wales)
Registered Office
UNIT 9 WESTLINK
BELBINS INDUSTRIAL ESTATE
ROMSEY
SO51 7AA
ENGLAND
Accountants
Power Accountax Limited
Mailbox 3, Solent Business Centre
343 Millbrook Road West
Southampton
SO15 0HW
Ft Security Systems Limited
Statement of financial position
as at 31 March 2022
Intangible assets
150,000
-
Tangible assets
86,897
78,669
Cash at bank and in hand
15,650
285,230
Creditors: amounts falling due within one year
(252,058)
(85,928)
Net current assets
588,060
226,727
Total assets less current liabilities
824,957
305,396
Creditors: amounts falling due after more than one year
(882,972)
(295,064)
Net (liabilities)/assets
(58,015)
10,332
Called up share capital
1
1
Profit and loss account
(58,016)
10,331
Shareholders' funds
(58,015)
10,332
For the year ending 31 March 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 9 February 2023 and were signed on its behalf by
Mark Andrew Blackwell
Director
Company Registration No. 12445536
Ft Security Systems Limited
Notes to the Accounts
for the year ended 31 March 2022
Ft Security Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 12445536. The registered office is UNIT 9 WESTLINK, BELBINS INDUSTRIAL ESTATE, ROMSEY, SO51 7AA, ENGLAND.
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:
Plant & machinery
33% Straight Line Method
Motor vehicles
33% Straight Line Method
Fixtures & fittings
33% Straight Line Method
Computer equipment
33% Straight Line Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Ft Security Systems Limited
Notes to the Accounts
for the year ended 31 March 2022
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2021
52,905
11,811
11,204
12,383
88,303
Additions
59,998
41,053
845
10,947
112,843
Disposals
(66,653)
(11,811)
-
-
(78,464)
At 31 March 2022
46,250
41,053
12,049
23,330
122,682
At 1 April 2021
5,275
1,476
1,302
1,581
9,634
Charge for the year
27,097
6,680
5,519
8,269
47,565
On disposals
(19,445)
(1,969)
-
-
(21,414)
At 31 March 2022
12,927
6,187
6,821
9,850
35,785
At 31 March 2022
33,323
34,866
5,228
13,480
86,897
At 31 March 2021
47,630
10,335
9,902
10,802
78,669
Amounts falling due within one year
Trade debtors
13,183
(10,712)
Amounts due from group undertakings etc.
143,461
-
Accrued income and prepayments
32,471
26,594
Other debtors
618,163
7,998
7
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
13,580
-
Trade creditors
124,410
53,263
Taxes and social security
66,489
17,429
Other creditors
23,924
9,171
Loans from directors
193
-
8
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
21,502
-
Loans from directors
861,470
295,064
9
Transactions with related parties
The company owes the Director Mark Blackwell £861,470.05
Ft Security Systems Limited
Notes to the Accounts
for the year ended 31 March 2022
10
Average number of employees
During the year the average number of employees was 23 (2021: 31).
