Protive Security & Surveillance Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 06329148 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended

30 September 2015

for

PROTIVE SECURITY & SURVEILLANCE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Certified Accountants' Report

5

DIRECTOR:

S T Ryan

SECRETARY:

J Hartley

REGISTERED OFFICE:

8 Eastway

Sale

Cheshire

M33 4DX

REGISTERED NUMBER:

06329148 (England and Wales)

ACCOUNTANTS:

Leavitt Walmsley Associates Limited

Chartered Certified Accountants

8 Eastway

Sale

Cheshire

M33 4DX

FIXED ASSETS

Tangible assets

2

25,629

17,209

CURRENT ASSETS

Stocks

36,570

39,770

Debtors

119,996

64,692

Cash at bank

795

14,666

157,361

119,128

CREDITORS

Amounts falling due within one year

143,651

131,686

NET CURRENT ASSETS/(LIABILITIES)

13,710

(12,558

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

39,339

4,651

CREDITORS

Amounts falling due after more than one
year

1,419

4,533

NET ASSETS

37,920

118

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

37,820

18

SHAREHOLDERS' FUNDS

37,920

118

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 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.

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 director on 16 June 2016 and were signed by:

S T Ryan - 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, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

A sale is recognised when the goods have been despatched to clients, which is the point at which the risks and

rewards of ownership pass to the customer and therefore revenue recognised.

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

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

The company carries tangible fixed assets in the balance sheet using the depreciated historic cost method.

Carrying amounts of fixed assets in the company's balance sheet are shown net of depreciation charges and,

where applicable, provisions for impairment. Residual values of fixed assets are calculated on prices prevailing

at the date of acquisition. Profits or losses on the disposal of fixed assets are included in the calculation of profit

for the period.

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 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 the lease.

Financial instruments

Financial Instruments are classified and accounted for according to the substance of the transaction as either a

financial asset, liability or equity instrument. An equity instrument is any contract that evidences a residual

interest in the assets of the company after all liabilities have been deducted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

31,685

Additions

17,869

Disposals

(3,332

)

At 30 September 2015

46,222

DEPRECIATION

At 1 October 2014

14,476

Charge for year

9,053

Eliminated on disposal

(2,936

)

At 30 September 2015

20,593

NET BOOK VALUE

At 30 September 2015

25,629

At 30 September 2014

17,209

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

NIL

Ordinary

£1

-

100

(30.9.14 - 100 )

50

Ordinary A

£1

50

-

50

Ordinary B

£1

50

-

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2015 and

30 September 2014:

30.9.15

30.9.14

£

S T Ryan

Balance outstanding at start of year

15,487

22,733

Amounts advanced

57,717

61,193

Amounts repaid

(75,736

)

(68,439

)

Balance outstanding at end of year

(2,532

)

15,487

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 four)

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 Protive Security & Surveillance Ltd for the year ended 30 September 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Protive Security & Surveillance Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Protive Security & Surveillance Ltd and state those matters that we have agreed to state to the director of Protive Security & Surveillance Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. 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 Protive Security & Surveillance Ltd 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 Protive Security & Surveillance Ltd. You consider that Protive Security & Surveillance Ltd 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 Protive Security & Surveillance Ltd. 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.

Leavitt Walmsley Associates Limited

Chartered Certified Accountants

8 Eastway

Sale

Cheshire

M33 4DX

Date: .............................................