Class A Alarms Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04631131 (England and Wales)

CLASS A ALARMS LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr B Gurnett

Mr J E Gurnett

REGISTERED OFFICE:

143 Derby Road

Denby

Ripley

Derbyshire

DE5 8RA

REGISTERED NUMBER:

04631131 (England and Wales)

ACCOUNTANTS:

The TAX Partnership

2 Cheapside

Derby

Derbyshire

DE1 1BR

FIXED ASSETS

Tangible assets

2

75,720

54,050

CURRENT ASSETS

Stocks

2,825

Debtors

121,909

78,670

Prepayments and accrued income

1,780

-

Cash at bank and in hand

16,948

66,680

143,462

148,175

CREDITORS

Amounts falling due within one year

82,751

72,458

NET CURRENT ASSETS

60,711

75,717

TOTAL ASSETS LESS CURRENT
LIABILITIES

136,431

129,767

CREDITORS

Amounts falling due after more than one
year

(32,915

)

(14,589

)

PROVISIONS FOR LIABILITIES

(14,849

)

(10,450

)

NET ASSETS

88,667

104,728

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

88,665

104,726

SHAREHOLDERS' FUNDS

88,667

104,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 11 January 2017 and were signed on its behalf by:

Mr B Gurnett - Director

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

Cost

At 1 May 2015

111,410

Additions

42,632

At 30 April 2016

154,042

Depreciation

At 1 May 2015

57,360

Charge for year

20,962

At 30 April 2016

78,322

Net book value

At 30 April 2016

75,720

At 30 April 2015

54,050

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

1

Ordinary

£1

1

A Ordinary

£1

1

2