BRITANNIC_SECURITY_SYSTEM - Accounts

BRITANNIC SECURITY SYSTEMS LIMITED - Company Information

Print Friendly Version

Company Registration No. 02920595 (England and Wales)

BRITANNIC SECURITY SYSTEMS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2014

BRITANNIC SECURITY SYSTEMS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

BRITANNIC SECURITY SYSTEMS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

43,725

38,275

Current assets

Stocks

3,500

1,900

Debtors

107,536

128,030

Cash at bank and in hand

68,149

76,117

179,185

206,047

Creditors: amounts falling due within one year

(107,248)

(141,157)

Net current assets

71,937

64,890

Total assets less current liabilities

115,662

103,165

Provisions for liabilities

(7,048)

(6,672)

108,614

96,493

Capital and reserves

Called up share capital

101

100

Profit and loss account

108,513

96,393

Shareholders' funds

108,614

96,493

For the financial year ended 30 April 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 15 October 2014

Mr S M A Hawker

Director

Company Registration No. 02920595

BRITANNIC SECURITY SYSTEMS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

15% reducing balance

Computer equipment

33% straight line

Fixtures, fittings & equipment

15% reducing balance

Motor vehicles

25% reducing balance

Fixed assets

Tangible assets

Cost

At 1 May 2013

165,842

Additions

15,179

At 30 April 2014

181,021

Depreciation

At 1 May 2013

127,567

Charge for the year

9,729

At 30 April 2014

137,296

Net book value

At 30 April 2014

43,725

At 30 April 2013

38,275

BRITANNIC SECURITY SYSTEMS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2014

- 3 -

Share capital

2014

2013

Allotted, called up and fully paid

100 Ordinary A shares of £1 each

100

1 Ordinary B shares of £1 each

101

100

Control

The company is under the control of Mr S M A Hawker, director of the company, who owns 100% of the issued share capital.