DCA Security Systems Limited - Limited company accounts 16.1
DCA Security Systems Limited - Limited company accounts 16.1
| REGISTERED NUMBER: |
| Report of the Director and |
| Unaudited Financial Statements for the Year Ended 30 September 2016 |
| for |
| DCA Security Systems Limited |
| DCA Security Systems Limited (Registered number: 06686884) |
| Contents of the Financial Statements |
| for the Year Ended 30 September 2016 |
| Page |
| Company Information | 1 |
| Report of the Director | 2 |
| Profit and Loss Account | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 6 |
| DCA Security Systems Limited |
| Company Information |
| for the Year Ended 30 September 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| DCA Security Systems Limited (Registered number: 06686884) |
| Report of the Director |
| for the Year Ended 30 September 2016 |
| The director presents his report with the financial statements of the company for the year ended 30 September 2016. |
| PRINCIPAL ACTIVITY |
| The principal activity of the company in the year under review was that of the provision and |
| maintenance of alarm systems. |
| DIRECTOR |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies Act |
| 2006 relating to small companies. |
| ON BEHALF OF THE BOARD: |
| DCA Security Systems Limited (Registered number: 06686884) |
| Profit and Loss Account |
| for the Year Ended 30 September 2016 |
| 30.9.16 | 30.9.15 |
| Notes | £ | £ |
| TURNOVER |
| Cost of sales |
| GROSS PROFIT |
| Administrative expenses |
| OPERATING PROFIT | 2 |
| Interest receivable and similar income |
| 32,274 | 50,691 |
| Interest payable and similar charges |
| PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION |
| Tax on profit on ordinary activities | 3 |
| PROFIT FOR THE FINANCIAL YEAR |
| DCA Security Systems Limited (Registered number: 06686884) |
| Balance Sheet |
| 30 September 2016 |
| 30.9.16 | 30.9.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Prepayments and accrued income |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 9 | ( |
) | ( |
) |
| NET ASSETS |
| DCA Security Systems Limited (Registered number: 06686884) |
| Balance Sheet - continued |
| 30 September 2016 |
| 30.9.16 | 30.9.15 |
| Notes | £ | £ | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Profit and loss account | 11 |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the director on |
| DCA Security Systems Limited (Registered number: 06686884) |
| Notes to the Financial Statements |
| for the Year Ended 30 September 2016 |
| 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 January 2015). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not |
| reversed at the balance sheet date. |
| 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. |
| 2. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 30.9.16 | 30.9.15 |
| £ | £ |
| Depreciation - owned assets |
| Director's remuneration and other benefits etc |
| DCA Security Systems Limited (Registered number: 06686884) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2016 |
| 3. | TAXATION |
| Analysis of the tax charge |
| The tax charge on the profit on ordinary activities for the year was as follows: |
| 30.9.16 | 30.9.15 |
| £ | £ |
| Current tax: |
| UK corporation tax |
| Tax- fines and penalties | - | (500 | ) |
| Total current tax |
| Deferred tax | ( |
) | ( |
) |
| Tax on profit on ordinary activities |
| UK corporation tax was charged at |
| Factors affecting the tax charge |
| The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The |
| difference is explained below: |
| 30.9.16 | 30.9.15 |
| £ | £ |
| Profit on ordinary activities before tax |
| Profit on ordinary activities |
| multiplied by the standard rate of corporation tax |
| in the UK of |
| Effects of: |
| Expenses not deductible for tax purposes |
| Capital allowances in excess of depreciation | ( |
) | ( |
) |
| Adjustments to tax charge in respect of previous periods | ( |
) |
| Current tax charge |
| 4. | DIVIDENDS |
| 30.9.16 | 30.9.15 |
| £ | £ |
| Ordinary shares of 1 each |
| Interim | 35,000 | 26,000 |
| DCA Security Systems Limited (Registered number: 06686884) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2016 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 October 2015 |
| Additions |
| At 30 September 2016 |
| DEPRECIATION |
| At 1 October 2015 |
| Charge for year |
| At 30 September 2016 |
| NET BOOK VALUE |
| At 30 September 2016 |
| At 30 September 2015 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.9.16 | 30.9.15 |
| £ | £ |
| Trade debtors | 38,502 | 36,778 |
| Other debtors | 390 | - |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.9.16 | 30.9.15 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.9.16 | 30.9.15 |
| £ | £ |
| Hire purchase contracts |
| DCA Security Systems Limited (Registered number: 06686884) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2016 |
| 9. | PROVISIONS FOR LIABILITIES |
| 30.9.16 | 30.9.15 |
| £ | £ |
| Deferred tax |
| Accelerated capital allowances |
| Deferred |
| tax |
| £ |
| Balance at 1 October 2015 |
| Credit to Profit and Loss Account during year | ( |
) |
| Balance at 30 September 2016 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.9.16 | 30.9.15 |
| value: | £ | £ |
| Ordinary | 1 |
| 11. | RESERVES |
| Profit |
| and loss |
| account |
| £ |
| At 1 October 2015 |
| Profit for the year |
| Dividends | ( |
) |
| At 30 September 2016 |