G-Tech Security Limited - Limited company accounts 11.9

REGISTERED NUMBER: 08678041 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 September 2015

for

G-Tech Security Limited

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

Mrs S Defreitas

Mrs M Hall

SECRETARY:

REGISTERED OFFICE:

c/o Design 4 Print

13-15 Vikings Way

Canvey Island

Essex

SS8 0PB

REGISTERED NUMBER:

08678041 (England and Wales)

ACCOUNTANTS:

J Kennison Accountancy Services

8 Elm View Road

Benfleet

Essex

SS7 8AS

The directors present their report with the financial statements of the company for the year ended 30 September 2015.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of security services

DIRECTORS

Mrs S Defreitas has held office during the whole of the period from 1 October 2014 to the date of this report.

Other changes in directors holding office are as follows:

R P Hall - resigned 30 September 2015

Mrs M Hall was appointed as a director after 30 September 2015 but prior to the date of this report.

R P Hall ceased to be a director after 30 September 2015 but prior to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the

Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs S Defreitas - Director

26 October 2015

TURNOVER

132,746

111,701

Cost of sales

69,518

47,790

GROSS PROFIT

63,228

63,911

Distribution costs

379

-

Administrative expenses

35,113

27,712

35,492

27,712

OPERATING PROFIT

2

27,736

36,199

Interest receivable and similar income

59

-

27,795

36,199

Interest payable and similar charges

9

-

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

27,786

36,199

Tax on profit on ordinary activities

3

5,670

7,248

PROFIT FOR THE FINANCIAL YEAR

22,116

28,951

CURRENT ASSETS

Debtors

5

30,957

25,896

Cash at bank

21,108

16,285

52,065

42,181

CREDITORS

Amounts falling due within one year

6

17,198

14,430

NET CURRENT ASSETS

34,867

27,751

TOTAL ASSETS LESS CURRENT LIABILITIES

34,867

27,751

CAPITAL AND RESERVES

Called up share capital

7

100

100

Profit and loss account

8

34,767

27,651

SHAREHOLDERS' FUNDS

34,867

27,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 26 October 2015 and were signed on its behalf by:

Mrs S Defreitas - Director

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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	OPERATING PROFIT

The operating profit is stated after charging:

30.9.15

30.9.14

£

£

Directors' remuneration

30,000

22,500

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

30.9.15

30.9.14

£

£

Current tax:

UK corporation tax

5,670

7,248

Tax on profit on ordinary activities

5,670

7,248

4.

DIVIDENDS

30.9.15

30.9.14

£

£

Ordinary Shares shares of 1 each

Final

15,000

1,300

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.15

30.9.14

£

£

Trade debtors

30,317

22,393

Other debtors

-

4,500

Accruals

-

(1,122

)

Prepayments

640

125

30,957

25,896

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.15

30.9.14

£

£

Trade creditors

9,478

3,880

Tax

5,670

7,248

Social security and other taxes

(1,922

)

807

VAT

3,261

2,284

Directors' loan accounts

311

311

Accrued expenses

400

(100

)

17,198

14,430

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

100

Ordinary Shares

1

100

100

8.

RESERVES

Profit

and loss

account

£

At 1 October 2014

27,651

Profit for the year

22,116

Dividends

(15,000

)

At 30 September 2015

34,767