AP Security Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05937844 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2015

for

AP Security Limited

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Tangible assets

2

1,030

1,957

CURRENT ASSETS

Debtors

74,056

62,679

Cash at bank and in hand

4,110

26,312

78,166

88,991

CREDITORS

Amounts falling due within one year

33,537

40,343

NET CURRENT ASSETS

44,629

48,648

TOTAL ASSETS LESS CURRENT LIABILITIES

45,659

50,605

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

45,559

50,505

SHAREHOLDERS' FUNDS

45,659

50,605

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 10 March 2016 and were signed by:

A O'Halloran - 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 and services, excluding value added tax.

Revenue is recognised as the company becomes entitled to consideration for the goods and services supplied.

Therefore, turnover also includes the element of work completed but not yet invoiced on service contracts.

Tangible fixed assets

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

Motor vehicles

-

15% on reducing balance

Computer equipment

-

33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

14,389

Additions

1,538

Disposals

(14,389

)

At 31 October 2015

1,538

DEPRECIATION

At 1 November 2014

12,432

Charge for year

508

Eliminated on disposal

(12,432

)

At 31 October 2015

508

NET BOOK VALUE

At 31 October 2015

1,030

At 31 October 2014

1,957

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal value:

31.10.15

31.10.14

£

70

Ordinary

£1

70

30

A Ordinary

£1

30

100

4.	ULTIMATE PARENT COMPANY

J.B.S.C. Limited is regarded by the director as being the company's ultimate parent company.