Abbreviated Company Accounts - KEYMASTER SECURITY LIMITED

KEYMASTER SECURITY LIMITED - Company Information

02775584 KEYMASTER SECURITY LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 02775584 2014-04-01 2015-03-31 02775584 2015-03-31 02775584 2014-03-31 02775584 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 02775584 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 02775584

KEYMASTER SECURITY LIMITED

Abbreviated Accounts

31 March 2015

KEYMASTER SECURITY LIMITED Registered Number 02775584

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	14,734	18,246
		14,734	18,246
Current assets
Stocks		31,812	34,206
Debtors		25,417	23,312
Cash at bank and in hand		565	1,497
		57,794	59,015
Creditors: amounts falling due within one year		(71,998)	(112,731)
Net current assets (liabilities)		(14,204)	(53,716)
Total assets less current liabilities		530	(35,470)
Total net assets (liabilities)		530	(35,470)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		528	(35,472)
Shareholders' funds		530	(35,470)

For the year ending 31 March 2015 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 21 December 2015

And signed on their behalf by:
M Broomhead, Director

KEYMASTER SECURITY LIMITED Registered Number 02775584

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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.

Tangible assets depreciation policy
Depreciation is provided as follows:
Fixtures, fittings & equipment - 20% WDV
Motor vehicles - 25% WDV

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

2Tangible fixed assets

	£
Cost
At 1 April 2014	28,656
Additions	760
Disposals	(680)
Revaluations	-
Transfers	-
At 31 March 2015	28,736
Depreciation
At 1 April 2014	10,410
Charge for the year	3,762
On disposals	(170)
At 31 March 2015	14,002
Net book values
At 31 March 2015	14,734
At 31 March 2014	18,246

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2