Securitay Limited,Ltd - Accounts

Securitay Limited,Ltd - Accounts

SECURITAY LIMITED - Company Information

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2014-03-01 true false Private Limited Company SC163291 2015-02-28 SC163291 2014-03-01 2015-02-28 SC163291 2014-02-28 SC163291 2013-03-01 2014-02-28 SC163291 uk-bus:Director1 2014-03-01 2015-02-28 SC163291 uk-gaap:Buildings 2014-03-01 2015-02-28 SC163291 uk-gaap:PlantMachinery 2014-03-01 2015-02-28 SC163291 uk-gaap:MotorVehicles 2014-03-01 2015-02-28 SC163291 uk-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP
Securitay Limited
For the year ended 28 February 2015
Unaudited Abbreviated Report and Financial Statements
Scotland
Registered Number: SC163291
2
Contents Page
Securitay Limited
For the year ended 28 February 2015
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Accountants' Report
For the year ended 28 February 2015
Securitay Limited
As described in the balance sheet you are responsible for the preparation of the financial statements for the year ended 28 February
2015 and you consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions,
we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting
records and information and explanations supplied to us.
Han & Co Accountants
61 Scott Street
Dundee
DD2 2BA
25 November 2015
Dated:
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4
Abbreviated Balance Sheet
Securitay Limited
As at 28 February 2015
SC163291
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
73,574
80,461
73,574
80,461
Current assets
Debtors
677,663
723,615
Cash at bank and in hand
74,590
91,975
798,205
769,638
Creditors: amounts falling due within one year
(331,239)
(381,531)
438,399
416,674
Net current assets
Total assets less current liabilities
490,248
518,860
Creditors: amounts falling due after more than one year
(16,634)
(16,265)
473,983
Net assets
502,226
Capital and reserves
Called up share capital
2
3
2
Profit and loss account
473,981
502,224
473,983
502,226
Shareholders funds
For the year ended 28 February 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) 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 in accordance with the provisions applicable to companies subject to the small companies regime.
Date approved by the board: 25 November 2015
Neil Cameron Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
For the year ended 28 February 2015
Securitay Limited
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the shareholders
prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Freehold Property
1% Reducing balance
Plant & Machinery
15% Reducing balance
Motor Vehicles
25% Reducing balance
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership
have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease
term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
206,948
At 01 March 2014
At 28 February 2015
206,948
Depreciation
126,487
At 01 March 2014
6,887
Charge for year
133,374
At 28 February 2015
Net book values
At 28 February 2015
73,574
80,461
At 28 February 2014
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6
Notes to the Abbreviated Financial Statements
For the year ended 28 February 2015
Securitay Limited
3 Share capital
Allotted called up and fully paid
2015
2014
£
£
2 Ordinary shares of £1.00 each
2
2
2
2
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