Abbreviated Company Accounts - R & A SECURE SERVICES LIMITED

Abbreviated Company Accounts - R & A SECURE SERVICES LIMITED


Registered Number 08204884

R & A SECURE SERVICES LIMITED

Abbreviated Accounts

30 September 2014

R & A SECURE SERVICES LIMITED Registered Number 08204884

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 50,870 23,154
Tangible assets 3 544 742
51,414 23,896
Current assets
Stocks 700 6,250
Debtors 73,554 47,891
Cash at bank and in hand 3,111 25,245
77,365 79,386
Creditors: amounts falling due within one year (98,644) (92,948)
Net current assets (liabilities) (21,279) (13,562)
Total assets less current liabilities 30,135 10,334
Total net assets (liabilities) 30,135 10,334
Capital and reserves
Called up share capital 4 300 300
Profit and loss account 29,835 10,034
Shareholders' funds 30,135 10,334
  • For the year ending 30 September 2014 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 17 June 2015

And signed on their behalf by:
ROBERT NIGEL LOVERING, Director

R & A SECURE SERVICES LIMITED Registered Number 08204884

Notes to the Abbreviated Accounts for the period ended 30 September 2014

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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company’s ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment - 25% straight line

Other accounting policies
Stock - Stock is valued at the lower of cost and net realisable value.

Pensions - The pensions costs charged in the financial statements represent the contribution payable by the company during the year. The regular cost of providing retirement pensions and related benefits is charged to the profit and loss account over the employees’ service lives on the basis of a constant percentage of earnings.

Goodwill - Acquired goodwill is written off in equal instalments over its estimated useful economic life of 5 years.

Going Concern - The company purchased the goodwill in June 2013 and has capitalised it and will amortise it equally over a five year period.

2Intangible fixed assets
£
Cost
At 1 October 2013 24,804
Additions 36,466
Disposals -
Revaluations -
Transfers -
At 30 September 2014 61,270
Amortisation
At 1 October 2013 1,650
Charge for the year 8,750
On disposals -
At 30 September 2014 10,400
Net book values
At 30 September 2014 50,870
At 30 September 2013 23,154
3Tangible fixed assets
£
Cost
At 1 October 2013 791
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2014 791
Depreciation
At 1 October 2013 49
Charge for the year 198
On disposals -
At 30 September 2014 247
Net book values
At 30 September 2014 544
At 30 September 2013 742
4Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
300Ordinary shares of £1 each 300 300