Abbreviated Company Accounts - FORTRESS SECURITY SYSTEMS LIMITED

Abbreviated Company Accounts - FORTRESS SECURITY SYSTEMS LIMITED

FORTRESS SECURITY SYSTEMS LIMITED - Company Information

Print Friendly Version

Registered Number 02868539

FORTRESS SECURITY SYSTEMS LIMITED

Abbreviated Accounts

31 December 2013

FORTRESS SECURITY SYSTEMS LIMITED Registered Number 02868539

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 38,355 34,660
38,355 34,660
Current assets
Stocks 28,800 27,430
Debtors 3 449,541 460,878
Cash at bank and in hand 153,067 100,082
631,408 588,390
Creditors: amounts falling due within one year (169,875) (171,785)
Net current assets (liabilities) 461,533 416,605
Total assets less current liabilities 499,888 451,265
Creditors: amounts falling due after more than one year (16,802) (6,385)
Total net assets (liabilities) 483,086 444,880
Capital and reserves
Called up share capital 80 80
Profit and loss account 483,006 444,800
Shareholders' funds 483,086 444,880
  • For the year ending 31 December 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 September 2014

And signed on their behalf by:
S W PIPER, Director
MRS A J PIPER, Director

FORTRESS SECURITY SYSTEMS LIMITED Registered Number 02868539

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The principal activity of the Company in the year under review was that of Domestic and Commercial Security System Installers.

Tangible assets depreciation policy
Depreciation is provided for at the annual rate of 25% on written down value.

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets
£
Cost
At 1 January 2013 102,153
Additions 23,332
Disposals (17,255)
Revaluations -
Transfers -
At 31 December 2013 108,230
Depreciation
At 1 January 2013 67,493
Charge for the year 14,763
On disposals (12,381)
At 31 December 2013 69,875
Net book values
At 31 December 2013 38,355
At 31 December 2012 34,660
3Debtors
2013
£		 2012
£
Debtors include the following amounts due after more than one year 280,912 275,762

The amounts outlined above relate to amounts due from an associated company.