Abbreviated Company Accounts - CHURCHILL SECURITY & ELECTRICAL SYSTEMS LIMITED

Abbreviated Company Accounts - CHURCHILL SECURITY & ELECTRICAL SYSTEMS LIMITED


Registered Number 05415152

CHURCHILL SECURITY & ELECTRICAL SYSTEMS LIMITED

Abbreviated Accounts

31 March 2014

CHURCHILL SECURITY & ELECTRICAL SYSTEMS LIMITED Registered Number 05415152

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 3,000 6,000
Tangible assets 3 19,204 11,048
22,204 17,048
Current assets
Stocks 2,050 1,250
Debtors 39,379 32,903
Cash at bank and in hand 1,228 745
42,657 34,898
Creditors: amounts falling due within one year (47,424) (52,815)
Net current assets (liabilities) (4,767) (17,917)
Total assets less current liabilities 17,437 (869)
Creditors: amounts falling due after more than one year (15,185) (5,916)
Provisions for liabilities (3,841) (1,941)
Total net assets (liabilities) (1,589) (8,726)
Capital and reserves
Called up share capital 4 102 102
Profit and loss account (1,691) (8,828)
Shareholders' funds (1,589) (8,726)
  • For the year ending 31 March 2014 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 17 November 2014

And signed on their behalf by:
Mr M J Pyrah, Director

CHURCHILL SECURITY & ELECTRICAL SYSTEMS LIMITED Registered Number 05415152

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery 25% straight line
Motor vehicles 25% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Intangible fixed assets
£
Cost
At 1 April 2013 30,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 30,000
Amortisation
At 1 April 2013 24,000
Charge for the year 3,000
On disposals -
At 31 March 2014 27,000
Net book values
At 31 March 2014 3,000
At 31 March 2013 6,000
3Tangible fixed assets
£
Cost
At 1 April 2013 30,659
Additions 12,935
Disposals (9,300)
Revaluations -
Transfers -
At 31 March 2014 34,294
Depreciation
At 1 April 2013 19,611
Charge for the year 2,090
On disposals (6,611)
At 31 March 2014 15,090
Net book values
At 31 March 2014 19,204
At 31 March 2013 11,048
4Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100Ordinary shares of £1 each 100 100
2B Ordinary shares of £1 each 2 2