Abbreviated Company Accounts - CELTIC FIRE SECURITY LIMITED

CELTIC FIRE SECURITY LIMITED - Company Information

Registered Number 07580002

CELTIC FIRE SECURITY LIMITED

Abbreviated Accounts

31 March 2016

CELTIC FIRE SECURITY LIMITED Registered Number 07580002

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	65,684	70,176
		65,684	70,176
Current assets
Stocks		3,800	3,800
Debtors		122,037	84,616
Cash at bank and in hand		50,009	48,410
		175,846	136,826
Creditors: amounts falling due within one year		(105,808)	(82,211)
Net current assets (liabilities)		70,038	54,615
Total assets less current liabilities		135,722	124,791
Creditors: amounts falling due after more than one year		(32,948)	(46,209)
Total net assets (liabilities)		102,774	78,582
Capital and reserves
Called up share capital		2	2
Profit and loss account		102,772	78,580
Shareholders' funds		102,774	78,582

For the year ending 31 March 2016 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 19 December 2016

And signed on their behalf by:
Mr D Asher, Director
Mr G Stott, Director

CELTIC FIRE SECURITY LIMITED Registered Number 07580002

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Freehold buildings - 2% on cost or revalued amounts, Plant and Machinery - 25% on cost, Fixtures and fittings - 25% on cost, Motor vehicles - 25% on cost.

2Tangible fixed assets

	£
Cost
At 1 April 2015	115,231
Additions	24,160
Disposals	(2,000)
Revaluations	-
Transfers	-
At 31 March 2016	137,391
Depreciation
At 1 April 2015	45,055
Charge for the year	28,652
On disposals	(2,000)
At 31 March 2016	71,707
Net book values
At 31 March 2016	65,684
At 31 March 2015	70,176