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REGISTERED NUMBER: 03359761 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

SECURECOM LIMITED

SECURECOM LIMITED (REGISTERED NUMBER: 03359761)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SECURECOM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTORS: Y. Turgut MSc, FCA
Miss R. S. Turgut
Miss N. F. Turgut
Miss E. M. Turgut



SECRETARY: Mrs. E. A. Turgut



REGISTERED OFFICE: Unit 19 Arrow Mill
Queensway
Rochdale
Lancashire
OL11 2YW



REGISTERED NUMBER: 03359761 (England and Wales)



BANKERS: Barclays Bank PLC
1 Yorkshire Street
Rochdale
Lancashire
OL16 1BJ

SECURECOM LIMITED (REGISTERED NUMBER: 03359761)

ABRIDGED BALANCE SHEET
31 MARCH 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 178,931 177,396
Tangible assets 5 374 2,689
Investments 6 - -
179,305 180,085

CURRENT ASSETS
Stocks - 26,061
Debtors 12,043 179,443
Cash at bank 983,061 772,158
995,104 977,662
CREDITORS
Amounts falling due within one year 40,705 121,586
NET CURRENT ASSETS 954,399 856,076
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,133,704

1,036,161

CAPITAL AND RESERVES
Called up share capital 7 20,000 20,000
Retained earnings 1,113,704 1,016,161
SHAREHOLDERS' FUNDS 1,133,704 1,036,161

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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.

SECURECOM LIMITED (REGISTERED NUMBER: 03359761)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 17 July 2017 and were signed on its behalf by:





Y. Turgut MSc, FCA - Director


SECURECOM LIMITED (REGISTERED NUMBER: 03359761)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017

1. STATUTORY INFORMATION

Securecom Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Intangible fixed assets
Product development costs are amortised over five years in line with the expected manufacturing output.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Office equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

SECURECOM LIMITED (REGISTERED NUMBER: 03359761)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

Going concern
These financial statements have been prepared on a going concern basis. The directors have prepared forecasts
for the period until 31 July 2017 and are satisfied that the company has adequate resources to continue in
operational existence for the foreseeable future. The company's forecasts and projections, which take into
account reasonable possible changes in trading performance, show that the company will be able to operate
within the level of the current facilities. Accordingly, they continue to adopt the going concern basis in preparing
these financial statements.

Cash flow
The financial statements do not include a cash flow statement because the company , as a small reporting entity,
is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller
Entities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2016 329,908
Additions 12,770
At 31 March 2017 342,678
AMORTISATION
At 1 April 2016 152,512
Amortisation for year 11,235
At 31 March 2017 163,747
NET BOOK VALUE

At 31 March 2017 178,931
At 31 March 2016 177,396

SECURECOM LIMITED (REGISTERED NUMBER: 03359761)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2017

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2016
and 31 March 2017 30,878
DEPRECIATION
At 1 April 2016 28,189
Charge for year 2,315
At 31 March 2017 30,504
NET BOOK VALUE
At 31 March 2017 374
At 31 March 2016 2,689

6. FIXED ASSET INVESTMENTS

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

Joint venture

Safeguard Solutions Limited
Registered office:
Nature of business: security, electrical and fire systems monitoring
%
Class of shares: holding
Ordinary 50.00
2017 2016
£    £   
Aggregate capital and reserves 612,954 228,306
Profit for the year 384,648 61,336

The principal activities of Safeguard Solutions Limited (formerly Safeguard Security Solutions Limited) are
security, electrical and fire systems contracting and monitoring of CCTV and alarm systems. The joint venture
company paid a dividend of £155,000 to Securecom Limited during the year.

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
20,000 Ordinary £1 20,000 20,000

8. ULTIMATE CONTROLLING PARTY

The controlling party is Y. Turgut MSc, FCA.

65% of the issued share capital is owned by the Yashar Turgut Trust where the sole beneficiary of the trust is the
director Yashar Turgut. The company is therefore controlled by him.