ORP Surveillance Ltd Small abbreviated accounts

ORP Surveillance Ltd Small abbreviated accounts

ORP SURVEILLANCE LTD - Company Information

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FY Private Limited Company Company accounts 2015-12-30 2015-12-30 2015-11-20 false true false false false false false false false false false false true true 2014-10-01 true xbrli:pure xbrli:shares iso4217:GBP 04533399 2014-10-01 2015-09-30 04533399 2015-09-30 04533399 2014-09-30 04533399 2013-10-01 2014-09-30 04533399 2014-09-30 04533399 uk-gaap:MotorVehicles 2014-10-01 2015-09-30 04533399 uk-gaap:OfficeEquipment 2014-10-01 2015-09-30 04533399 uk-gaap:NetGoodwill 2014-10-01 2015-09-30 04533399 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2014-10-01 2015-09-30 04533399 uk-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 04533399 uk-bus:Director1 2014-10-01 2015-09-30 04533399 uk-gaap:AllSubsidiaries 2014-10-01 2015-09-30 04533399 uk-gaap:WithinOneYear 2015-09-30 04533399 uk-gaap:WithinOneYear 2014-09-30 04533399 uk-bus:OrdinaryShareClass1 2015-09-30 04533399 uk-bus:OrdinaryShareClass1 2014-09-30 04533399 uk-lang:English 2014-10-01 2015-09-30 04533399 uk-curr:PoundSterling 2014-10-01 2015-09-30
COMPANY REGISTRATION NUMBER 04533399
ORP SURVEILLANCE LTD
UNAUDITED ABBREVIATED ACCOUNTS
30 September 2015
STEWART ASSOCIATES SHREWSBURY LTD
Chartered Accountants
Emstrey House North
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
ORP SURVEILLANCE LTD
ABBREVIATED BALANCE SHEET
30 September 2015
2015
2014
Note
£
£
£
£
Fixed Assets
2
Intangible assets
1
1
Tangible assets
7,243
8,858
-------
-------
7,244
8,859
Current Assets
Stocks
9,500
9,000
Debtors
63,941
112,633
Cash at bank and in hand
1,301
9
--------
----------
74,742
121,642
Creditors: Amounts Falling due Within One Year
3
71,221
114,491
--------
----------
Net Current Assets
3,521
7,151
--------
--------
Total Assets Less Current Liabilities
10,765
16,010
Creditors: Amounts Falling due after More than One Year
4
1,416
2,879
--------
--------
9,349
13,131
--------
--------
Capital and Reserves
Called-up equity share capital
6
2
2
Profit and loss account
9,347
13,129
-------
--------
Shareholders' Funds
9,349
13,131
-------
--------
For the year ended 30th September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
These abbreviated accounts were approved and signed by the director and authorised for issue on 20 November 2015 .
Mr J Marlow
Company Registration Number: 04533399
ORP SURVEILLANCE LTD
NOTES TO THE ABBREVIATED ACCOUNTS
YEAR ENDED 30th SEPTEMBER 2015
1. Accounting Policies
Basis of Accounting
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).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Goodwill - 10 years straight line
Fixed Assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Motor Vehicles - 15% straight line
Equipment - 33.33% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Hire Purchase Agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
2. Fixed Assets
Intangible Assets
Tangible Assets
Total
£
£
£
Cost
At 1st October 2014
30,000
32,895
62,895
Additions
–
2,437
2,437
Disposals
–
( 7,906)
( 7,906)
--------
--------
--------
At 30th September 2015
30,000
27,426
57,426
--------
--------
--------
Depreciation
At 1st October 2014
29,999
24,037
54,036
Charge for year
–
2,076
2,076
On disposals
–
( 5,930)
( 5,930)
--------
--------
--------
At 30th September 2015
29,999
20,183
50,182
--------
--------
--------
Net Book Value
At 30th September 2015
1
7,243
7,244
----
-------
-------
At 30th September 2014
1
8,858
8,859
----
-------
-------
3. Creditors: Amounts Falling due Within One Year
The following liabilities disclosed under creditors falling due within one year are secured by the company:
2015
2014
£
£
Bank loans and overdrafts
17,210
14,702
Hire purchase
2,009
2,009
--------
--------
19,219
16,711
--------
--------
4. Creditors: Amounts Falling due after More than One Year
The following liabilities disclosed under creditors falling due after more than one year are secured by the company:
2015
2014
£
£
Hire purchase
1,416
2,879
-------
-------
5. Transactions With the Director
During the year the company sold a vehicle to Mr J Marlow , a director for a market value of £1,000.
6. Share Capital
Allotted, called up and fully paid:
2015
2014
No
£
No
£
Ordinary shares of £ 1 each
2
2
2
2
----
----
----
----
2
2
2
2
----
----
----
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