Security Training Ltd - Period Ending 2016-01-31

Company registration number: 05752239

Security Training Ltd
 
  Annual Report and Unaudited Abbreviated Accounts
 
  Year Ended 31 January 2016
 

C-BAS Accountancy and Taxation Services Limited
  135 Church Road
  Cheriton
  Folkestone
  Kent
  CT20 3ER

Security Training Ltd
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Security Training Ltd
(Company registration number: 05752239)
Abbreviated Balance Sheet
31 January 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					1,476			1,845
Current assets
Cash at bank and in hand					3,160			4,681
Creditors: Amounts falling due within one year					(19,664)			(17,831)
Net current liabilities					(16,504)			(13,150)
Net liabilities					(15,028)			(11,305)
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					(15,029)			(11,306)
Shareholders' deficit					(15,028)			(11,305)

The notes on pages 3 to 4 form an integral part of these financial statements.
 
  Page 1

Security Training Ltd
(Company registration number: 05752239)
Abbreviated Balance Sheet
31 January 2016......... continued

For the year ending 31 January 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 director on 27 October 2016

......................................... Mr G Chungbang Director

The notes on pages 3 to 4 form an integral part of these financial statements.
 
  Page 2

Security Training Ltd
Notes to the Abbreviated Accounts
Year Ended 31 January 2016......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Equipment	20% reducing balance

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

Security Training Ltd
Notes to the Abbreviated Accounts
Year Ended 31 January 2016......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 February 2015		5,631			5,631
At 31 January 2016		5,631			5,631
Depreciation
At 1 February 2015		3,786			3,786
Charge for the year		369			369
At 31 January 2016		4,155			4,155
Net book value
At 31 January 2016		1,476			1,476
At 31 January 2015		1,845			1,845

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

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