Registered Number 03359761

SECURECOM LIMITED

Abbreviated Accounts

31 March 2014

SECURECOM LIMITED Registered Number 03359761

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 167,085 144,509
Tangible assets 3 3,476 4,580
Investments 4 38,797 27,238
209,358 176,327
Current assets
Stocks 8,502 -
Debtors 205,029 78,998
Investments - -
Cash at bank and in hand 240,030 197,537
453,561 276,535
Prepayments and accrued income - -
Creditors: amounts falling due within one year 5 (156,637) (108,237)
Net current assets (liabilities) 296,924 168,298
Total assets less current liabilities 506,282 344,625
Creditors: amounts falling due after more than one year 5 (9,740) (21,072)
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 496,542 323,553
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 476,542 303,553
Shareholders' funds 496,542 323,553
  • 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 25 June 2014

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 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 is invoiced sales excluding VAT

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery - 20% Straight Line

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

Valuation information and policy
0

Other accounting policies
0

2Intangible fixed assets
£
Cost
At 1 April 2013 260,233
Additions 22,576
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2014 282,809
Amortisation
At 1 April 2013 115,724
Charge for the year 0
On disposals 0
At 31 March 2014 115,724
Net book values
At 31 March 2014 167,085
At 31 March 2013 144,509
3Tangible fixed assets
£
Cost
At 1 April 2013 28,070
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2014 28,070
Depreciation
At 1 April 2013 23,490
Charge for the year 1,104
On disposals 0
At 31 March 2014 24,594
Net book values
At 31 March 2014 3,476
At 31 March 2013 4,580

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

5Creditors
2014
£		 2013
£
Secured Debts 18,811 30,143
Instalment debts due after 5 years 0 0
Non-instalment debts due after 5 years 0 0
6Called Up Share Capital
Allotted, called up and fully paid:
2014
£		 2013
£
20,000 Ordinary shares of £1 each 20,000 20,000