Total Protection (Great Britain) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05559035 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st March 2016

for

TOTAL PROTECTION (GREAT BRITAIN)

LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

Mr M J Morley

Mr P Hickles

SECRETARY:

Mr G J Raven

REGISTERED OFFICE:

Monometer House

Rectory Grove

Leigh on Sea

Essex

SS9 2HN

REGISTERED NUMBER:

05559035 (England and Wales)

ACCOUNTANTS:

Denmark Forrester Limited

Office 12, The Bentalls Centre

Colchester Road

Heybridge

Maldon

Essex

CM9 4GD

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to eight)

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 Total Protection (Great Britain) Limited for the year ended 31st March 2016 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Total Protection (Great Britain) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Total Protection (Great Britain) Limited and state those matters that we have agreed to state to the Board of Directors of Total Protection (Great Britain) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Total Protection (Great Britain) Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Total Protection (Great Britain) 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 Total Protection (Great Britain) Limited. You consider that Total Protection (Great Britain) 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 Total Protection (Great Britain) 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.

Denmark Forrester Limited

Office 12, The Bentalls Centre

Colchester Road

Heybridge

Maldon

Essex

CM9 4GD

23rd December 2016

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

119,893

132,282

Investments

4

150

120,043

132,432

CURRENT ASSETS

Stocks

10,428

93,859

Debtors

5

1,445,326

2,487,913

Cash at bank and in hand

206,910

974

1,662,664

2,582,746

CREDITORS

Amounts falling due within one year

6

731,575

1,734,541

NET CURRENT ASSETS

931,089

848,205

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,051,132

980,637

CREDITORS

Amounts falling due after more than one
year

6

(139,449

)

(245,650

)

PROVISIONS FOR LIABILITIES

(10,619

)

(12,365

)

NET ASSETS

901,064

722,622

CAPITAL AND RESERVES

Called up share capital

7

102

Profit and loss account

900,962

722,520

SHAREHOLDERS' FUNDS

901,064

722,622

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2016 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.

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 23rd December 2016 and were signed on its behalf
by:

Mr M J Morley - Director

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 January 2015).

Preparation of consolidated financial statements

The company and its subsidiary comprise a small group. The company has therefore taken advantage of the

exemption provided in section 398 of the Companies Act 2006 not to prepare group financial statements and

accordingly these financial statements present information about the company as a single undertaking.

Turnover

Turnover represents net sales of goods and services for the year, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007 was written off fully in

the year of acquisition.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after make 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

and 31st March 2016

89,621

AMORTISATION

At 1st April 2015

and 31st March 2016

89,621

NET BOOK VALUE

At 31st March 2016

-

At 31st March 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

264,252

Additions

29,300

Disposals

(10,837

)

At 31st March 2016

282,715

DEPRECIATION

At 1st April 2015

131,970

Charge for year

38,073

Eliminated on disposal

(7,221

)

At 31st March 2016

162,822

NET BOOK VALUE

At 31st March 2016

119,893

At 31st March 2015

132,282

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1st April 2015

and 31st March 2016

150

NET BOOK VALUE

At 31st March 2016

150

At 31st March 2015

150

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Total Protection (Painting Solutions) Limited

Country of incorporation: England and Wales

Nature of business: Painting and decoration

%

Class of shares:

holding

Ordinary A shares

75.00

2016

2015

£

Aggregate capital and reserves

571,124

29,268

Profit for the year

831,281

170,559

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 0 (2015 - £ 79,275 )

6.

CREDITORS

Creditors include an amount of £ 217,616 (2015 - £ 538,076 ) for which security has been given.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary A

£1

100

1

Ordinary B

£1

1

Ordinary C

£1

1

102

8.	ULTIMATE PARENT COMPANY

Total Protection (Holdings) Limited is the ultimate parent company of Total Protection (Great Britain) Limited

for this and the preceding year.