Safewater Alarms Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05494936 (England and Wales)

SAFEWATER ALARMS LTD

ABBREVIATED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P McHugh

Mrs F McHugh

SECRETARY:

P McHugh

REGISTERED OFFICE:

1 Alpha House

Laser Quay, Culpeper Close

Medway City Estate

Rochester

Kent

ME2 4HU

REGISTERED NUMBER:

05494936 (England and Wales)

ACCOUNTANTS:

Perrys Accountants Limited

Chartered Accountants

Alpha VI

Alpha House

Laser Quay, Culpeper Close

Medway

Kent

ME2 4HU

FIXED ASSETS

Tangible assets

2

3,909

2,019

CURRENT ASSETS

Stocks

255

2,039

Cash at bank

17,093

11,900

17,348

13,939

CREDITORS

Amounts falling due within one year

7,300

8,325

NET CURRENT ASSETS

10,048

5,614

TOTAL ASSETS LESS CURRENT LIABILITIES

13,957

7,633

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

13,955

7,631

SHAREHOLDERS' FUNDS

13,957

7,633

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 March 2016 and were signed on its behalf by:

P McHugh - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

8,992

Additions

3,194

At 30 June 2015

12,186

DEPRECIATION

At 1 July 2014

6,973

Charge for year

1,304

At 30 June 2015

8,277

NET BOOK VALUE

At 30 June 2015

3,909

At 30 June 2014

2,019

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Share capital A Shares

£1

2

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

5.	CONTROLLING PARTY