Registered Number 03359761

SECURECOM LIMITED

Abbreviated Accounts

31 March 2015

SECURECOM LIMITED Registered Number 03359761

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 184,799 167,085
Tangible assets 3 2,672 3,476
Investments 4 83,485 38,797
270,956 209,358
Current assets
Stocks 14,682 8,502
Debtors 229,898 205,029
Investments - -
Cash at bank and in hand 506,978 240,030
751,558 453,561
Prepayments and accrued income - -
Creditors: amounts falling due within one year 5 (156,390) (156,637)
Net current assets (liabilities) 595,168 296,924
Total assets less current liabilities 866,124 506,282
Creditors: amounts falling due after more than one year 5 0 (9,740)
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 866,124 496,542
Capital and reserves
Called up share capital 20,000 20,000
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 846,124 476,542
Shareholders' funds 866,124 496,542
  • For the year ending 31 March 2015 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 10 July 2015

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 2015

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 years in line with the expected manufacturing output

Valuation information and policy
0

Other accounting policies
0

2Intangible fixed assets
£
Cost
At 1 April 2014 282,809
Additions 31,636
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2015 314,445
Amortisation
At 1 April 2014 115,724
Charge for the year 13,922
On disposals 0
At 31 March 2015 129,646
Net book values
At 31 March 2015 184,799
At 31 March 2014 167,085
3Tangible fixed assets
£
Cost
At 1 April 2014 28,070
Additions 528
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2015 28,598
Depreciation
At 1 April 2014 24,594
Charge for the year 1,332
On disposals 0
At 31 March 2015 25,926
Net book values
At 31 March 2015 2,672
At 31 March 2014 3,476

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

5Creditors
2015
£
2014
£
Secured Debts 7,008 18,811
Instalment debts due after 5 years 0 0
Non-instalment debts due after 5 years 0 0

6Transactions with directors

Name of director receiving advance or credit: Yashar Turgut
Description of the transaction: Advances
Balance at 1 April 2014: £ 0
Advances or credits made: £ 29,250
Advances or credits repaid: £ 0
Balance at 31 March 2015: £ 29,250

The amount due was repaid to the Company during April 2015.