Registered Number 03359761

SECURECOM LIMITED

Abbreviated Accounts

31 March 2016

SECURECOM LIMITED Registered Number 03359761

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 177,396 184,799
Tangible assets 3 2,689 2,672
Investments 4 114,153 83,485
294,238 270,956
Current assets
Stocks 26,062 14,682
Debtors 179,443 229,898
Investments - -
Cash at bank and in hand 772,158 506,978
977,663 751,558
Prepayments and accrued income - -
Creditors: amounts falling due within one year 5 (121,585) (156,390)
Net current assets (liabilities) 856,078 595,168
Total assets less current liabilities 1,150,316 866,124
Creditors: amounts falling due after more than one year 5 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 1,150,316 866,124
Capital and reserves
Called up share capital 6 20,000 20,000
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 1,130,316 846,124
Shareholders' funds 1,150,316 866,124
  • For the year ending 31 March 2016 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 11 July 2016

And signed on their behalf by:
Yashar Turgut, Director

SECURECOM LIMITED Registered Number 03359761

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 is invoiced sales excluding VAT

Tangible assets depreciation policy
Depreciation has been charged at the following rates in order to write off the assets over their estimated useful lives
Plant & Machinery - 20% straight line

Intangible assets amortisation policy
Product development - over 5 yeras in line with the expected manufacturing output

Valuation information and policy
0

Other accounting policies
0

2Intangible fixed assets
£
Cost
At 1 April 2015 314,445
Additions 15,463
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2016 329,908
Amortisation
At 1 April 2015 129,646
Charge for the year 22,866
On disposals 0
At 31 March 2016 152,512
Net book values
At 31 March 2016 177,396
At 31 March 2015 184,799
3Tangible fixed assets
£
Cost
At 1 April 2015 28,598
Additions 2,280
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2016 30,878
Depreciation
At 1 April 2015 25,926
Charge for the year 2,263
On disposals 0
At 31 March 2016 28,189
Net book values
At 31 March 2016 2,689
At 31 March 2015 2,672

4Fixed assets Investments
The Company owns 50% of Safegard Solutions Limited

5Creditors
2016
£
2015
£
Secured Debts 0 7,008
6Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
20,000 Ordinary shares of £1 each 20,000 20,000

7Transactions with directors

Name of director receiving advance or credit: Yashar Turgut
Description of the transaction: Repayment
Balance at 1 April 2015: £ 29,250
Advances or credits made: £ 0
Advances or credits repaid: £ 29,250
Balance at 31 March 2016: £ 0