1st Call Locksmiths Limited - Limited company - abbreviated - 11.9

1st Call Locksmiths Limited - Limited company - abbreviated - 11.9


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REGISTERED NUMBER: 07021894(England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

1ST CALL LOCKSMITHS LIMITED

1ST CALL LOCKSMITHS LIMITED (REGISTERED NUMBER: 07021894)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015




Page

Company information 1

Abbreviated balance sheet 2

Notes to the abbreviated accounts 4

Chartered accountants' report 6

1ST CALL LOCKSMITHS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2015







DIRECTOR: R C Jackson





REGISTERED OFFICE: Park House
158-160 Arthur Road
Wimbledon Park
London
SW19 8AQ





REGISTERED NUMBER: 07021894(England and Wales)





ACCOUNTANTS: Z group
Park House
158-160 Arthur Road
Wimbledon Park
London
SW19 8AQ

1ST CALL LOCKSMITHS LIMITED (REGISTERED NUMBER: 07021894)

ABBREVIATED BALANCE SHEET
31 MARCH 2015

31.3.15 31.3.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 978 2,239

CURRENT ASSETS
Stocks 6,225 5,951
Debtors 22,449 21,824
Cash at bank 578 144
29,252 27,919
CREDITORS
Amounts falling due within one year 34,947 30,310
NET CURRENT LIABILITIES (5,695 ) (2,391 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,717
)
(152
)

CREDITORS
Amounts falling due after more than one
year

245

5,000
NET LIABILITIES (4,962 ) (5,152 )

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (5,062 ) (5,252 )
SHAREHOLDERS' FUNDS (4,962 ) (5,152 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

1ST CALL LOCKSMITHS LIMITED (REGISTERED NUMBER: 07021894)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 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 director on 31 March 2016and were signed by:





R C Jackson- Director


1ST CALL LOCKSMITHS LIMITED (REGISTERED NUMBER: 07021894)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015

1. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared on a going concern basis. The director has confirmed that he will
support the company for the foreseeable future. The going concern basis is therefore appropriate.

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 invoiced sales of goods and services, 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.

Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 50% on cost

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.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 9,584
DEPRECIATION
At 1 April 2014 7,345
Charge for year 1,261
At 31 March 2015 8,606
NET BOOK VALUE
At 31 March 2015 978
At 31 March 2014 2,239

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.15 31.3.14
value: £    £   
100 Ordinary £1.00 100 100

1ST CALL LOCKSMITHS LIMITED (REGISTERED NUMBER: 07021894)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2015

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, Mr R C Jackson, the sole director of the company, had a debit current account
balance of £9409 (2014 - £4956 debit)

During the year, the company paid the director Mr R C Jackson dividends totalling £27150 (2014 - £40350).

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
1ST CALL LOCKSMITHS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of 1st Call Locksmiths Limited for the year ended 31 March 2015 which comprise the Profit and
loss account, the Balance sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of 1st Call Locksmiths Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of 1st Call Locksmiths Limited and state those matters that we have agreed to state to the director of 1st Call Locksmiths Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that 1st Call Locksmiths Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 1st Call Locksmiths Limited. You consider that 1st Call Locksmiths Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of 1st Call Locksmiths
Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information
and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial
statements.






Z group
Park House
158-160 Arthur Road
Wimbledon Park
London
SW19 8AQ


31 March 2016