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 2015

R & A SECURE SERVICES LIMITED Registered Number 08204884

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 53,025 50,870
Tangible assets 3 346 544
53,371 51,414
Current assets
Stocks 13,500 700
Debtors 48,314 73,554
Cash at bank and in hand 4,872 3,111
66,686 77,365
Creditors: amounts falling due within one year (102,512) (98,644)
Net current assets (liabilities) (35,826) (21,279)
Total assets less current liabilities 17,545 30,135
Total net assets (liabilities) 17,545 30,135
Capital and reserves
Called up share capital 4 300 300
Profit and loss account 17,245 29,835
Shareholders' funds 17,545 30,135
  • For the year ending 30 September 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 30 March 2016

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 2015

1Accounting Policies

Basis of measurement and preparation of accounts
1.1 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
1.2 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
1.4 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
1.3 Goodwill - Acquired goodwill is written off in equal instalments over it's estimated useful economic life of 5 years.
1.5 Stock - Stock is valued at the lower of cost and net realisable value.
1.6 Pensions - The pension 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.
1.7 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 2014 61,270
Additions 17,509
Disposals -
Revaluations -
Transfers -
At 30 September 2015 78,779
Amortisation
At 1 October 2014 10,400
Charge for the year 15,354
On disposals -
At 30 September 2015 25,754
Net book values
At 30 September 2015 53,025
At 30 September 2014 50,870
3Tangible fixed assets
£
Cost
At 1 October 2014 791
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2015 791
Depreciation
At 1 October 2014 247
Charge for the year 198
On disposals -
At 30 September 2015 445
Net book values
At 30 September 2015 346
At 30 September 2014 544
4Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
300Ordinary shares of £1 each 300 300