G.D. Security Systems Limited - Limited company - abbreviated - 11.9
G.D. Security Systems Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 30 April 2015 |
| for |
| G.D. Security Systems Limited |
| G.D. Security Systems Limited (Registered number: 01805191) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 April 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Chartered Accountants' Report | 6 |
| G.D. Security Systems Limited |
| Company Information |
| for the Year Ended 30 April 2015 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| G.D. Security Systems Limited (Registered number: 01805191) |
| Abbreviated Balance Sheet |
| 30 April 2015 |
| 30.4.15 | 30.4.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 4 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps 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 Sections 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. |
| G.D. Security Systems Limited (Registered number: 01805191) |
| Abbreviated Balance Sheet - continued |
| 30 April 2015 |
| The financial statements were approved by the director on |
| G.D. Security Systems Limited (Registered number: 01805191) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 April 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Exemption from preparing a cash flow statement |
| Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a |
| small company. |
| Turnover |
| Turnover represents net invoiced value of goods and services excluding value added tax. Income is recognised as |
| services are performed. |
| Goodwill |
| Goodwill, being the amount paid in connection with the acquisition of maintenance contracts, is being amortised |
| evenly over its estimated useful life of 3 years. |
| Tangible fixed assets |
| Motor vehicles | - |
| Computer equipment | - |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of lease. |
| Pensions |
| The company operates a defined contribution pension scheme. Contributions payable for the year are charged in |
| the profit and loss account. |
| Stocks and work in progress |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| Deferred income |
| Income has been deferred where the sales invoiced value of services in the year covers a period, which extends |
| beyond the year end. |
| G.D. Security Systems Limited (Registered number: 01805191) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 April 2015 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2014 |
| and 30 April 2015 |
| AMORTISATION |
| At 1 May 2014 |
| Amortisation for year |
| At 30 April 2015 |
| NET BOOK VALUE |
| At 30 April 2015 |
| At 30 April 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2014 |
| Additions |
| At 30 April 2015 |
| DEPRECIATION |
| At 1 May 2014 |
| Charge for year |
| At 30 April 2015 |
| NET BOOK VALUE |
| At 30 April 2015 |
| At 30 April 2014 |
| 4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.4.15 | 30.4.14 |
| value: | £ | £ |
| Ordinary | 1 |
| 6. | GOING CONCERN |
| The accounts have been prepared as going concern on the basis that the company will continue to receive support |
| from the ultimate controlling party, Oakland Capital Limited. |
| Chartered Accountants' Report to the Director |
| on the Unaudited Financial Statements of |
| G.D. Security Systems Limited |
| The following reproduces the text of the report prepared for the director in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) |
| have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of G.D. Security Systems Limited for the year ended 30 April 2015 which comprise the Profit and |
| Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and |
| explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the director of G.D. Security Systems Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of G.D. Security Systems Limited and state those matters that we have agreed to state to the director of G.D. Security Systems Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
| It is your duty to ensure that G.D. Security Systems Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of G.D. Security Systems Limited. You consider that G.D. Security Systems Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of G.D. Security Systems |
| Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and |
| explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Date: ............................................. |