Park Security Fencing Limited - Limited company - abbreviated - 11.9

Park Security Fencing Limited - Limited company - abbreviated - 11.9


SC1506581.9.1431.8.1531.8.15Company accountsPrivate Limited CompanyFYtruefalsetruefalsefalsetruefalseordinary1.00000iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC1506582014-08-31SC1506582015-08-31SC1506582014-09-012015-08-31SC1506582013-08-31SC1506582013-09-012014-08-31SC1506582014-08-31SC150658ns12:Scotland2014-09-012015-08-31SC150658ns14:PoundSterling2014-09-012015-08-31SC150658ns7:Director12014-09-012015-08-31SC150658ns7:Director22014-09-012015-08-31SC150658ns7:OrdinaryShareClass12014-09-012015-08-31SC150658ns7:RegisteredOffice2014-09-012015-08-31SC150658ns7:EntityAccountantsOrAuditors2014-09-012015-08-31SC150658ns5:PlantMachinery2014-09-012015-08-31SC150658ns5:FixturesFittings2014-09-012015-08-31SC150658ns5:MotorVehicles2014-09-012015-08-31SC150658ns7:OrdinaryShareClass12015-08-31SC150658ns7:OrdinaryShareClass12014-08-31
REGISTERED NUMBER: SC150658(Scotland)















Abbreviated Accounts for the Year Ended 31 August 2015

for

Park Security Fencing Limited

Park Security Fencing Limited (Registered number: SC150658)






Contents of the Abbreviated Accounts
for the Year Ended 31 August 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Park Security Fencing Limited

Company Information
for the Year Ended 31 August 2015







DIRECTORS: A Park
S Park





REGISTERED OFFICE: 7 Ythan Terrace
Ellon
ABERDEENSHIRE
AB41 9LJ





REGISTERED NUMBER: SC150658(Scotland)





ACCOUNTANTS: J M Taylor
7 Ythan Terrace
Ellon
ABERDEENSHIRE
AB41 9LJ

Park Security Fencing Limited (Registered number: SC150658)

Abbreviated Balance Sheet
31 August 2015

31.8.15 31.8.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 9,904 15,771

CURRENT ASSETS
Stocks 60,101 37,122
Debtors 120,912 141,588
Investments 50 50
Cash at bank 3,990 -
185,053 178,760
CREDITORS
Amounts falling due within one year 134,612 152,436
NET CURRENT ASSETS 50,441 26,324
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,345

42,095

CAPITAL AND RESERVES
Called up share capital 3 10,000 10,000
Profit and loss account 50,345 32,095
SHAREHOLDERS' FUNDS 60,345 42,095

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 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.

Park Security Fencing Limited (Registered number: SC150658)

Abbreviated Balance Sheet - continued
31 August 2015


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 22 February 2016and were signed on its behalf
by:




A Park- Director



S Park- Director


Park Security Fencing Limited (Registered number: SC150658)

Notes to the Abbreviated Accounts
for the Year Ended 31 August 2015

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 April 2008).

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 - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 September 2014 62,226
Additions 2,070
Disposals (1,957 )
At 31 August 2015 62,339
DEPRECIATION
At 1 September 2014 46,455
Charge for year 7,937
Eliminated on disposal (1,957 )
At 31 August 2015 52,435
NET BOOK VALUE
At 31 August 2015 9,904
At 31 August 2014 15,771

Park Security Fencing Limited (Registered number: SC150658)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 August 2015

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.15 31.8.14
value: £    £   
10,000 ordinary £1.00 10,000 10,000