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SECURE DATA MANAGEMENT LIMITED




Company Registration Number:
05068449 (England and Wales)



Report of the Directors and Unaudited Financial Statements



Period of accounts


Start date: 01st January 2014

End date: 31st December 2014

SUBMITTED

SECURE DATA MANAGEMENT LIMITED

Contents of the Financial Statements
for the Period Ended
31st December 2014

Company Information
Report of the Directors
Profit and Loss Account
Gains and Losses
Balance sheet
Notes to the Financial Statements

SECURE DATA MANAGEMENT LIMITED

Company Information
for the Period Ended
31st December 2014




Director: Marc Chauveau
Company secretary: Marc Chauveau
Registered office: 25-29 Harper Road
London
SE1 6AW
Company Registration Number: 05068449 (England and Wales)

SECURE DATA MANAGEMENT LIMITED

Directors' Report Period Ended 31st December 2014

The directors present their report with the financial statements of the company for the period ended 31st December 2014

Principal activities
The principal activity of the company in the period under review was:
Storage, Data Management

Directors
The directors shown below have held office during the whole of the period from
01st January 2014 to 31st December 2014
Marc Chauveau

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 20 August 2015
And Signed On Behalf Of The Board By:

Name: Marc Chauveau
Status: Director

SECURE DATA MANAGEMENT LIMITED

Profit and Loss Account

for the Period Ended 31st December 2014

Notes 2014
£
2013
£
Turnover: 2,815,478 2,513,800
Cost of sales: 917,702 715,314
Gross profit or (loss): 1,897,776 1,798,486
Distribution costs: 99,391 72,927
Administrative expenses: , 1,431,872 1,275,504
Operating profit or (loss): 366,513 450,055
Interest payable and similar charges: 18,075 32,649
Profit or (loss) on ordinary activities before taxation: 348,438 417,406
Profit or (loss) for the financial year: 278,750 341,814

The notes form part of these financial statements

SECURE DATA MANAGEMENT LIMITED

Statement of total recognised gains and losses
31st December 2014

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report.

The notes form part of these financial statements

SECURE DATA MANAGEMENT LIMITED

Balance sheet
As at 31st December 2014

Notes 2014
£
2013
£
Fixed assets
Tangible assets: 2 718,570 576,107
Total fixed assets: 718,570 576,107
Current assets
Stocks: 23,329 20,558
Debtors: 471,787 452,136
Cash at bank and in hand: 99,136 120,588
Total current assets: 594,252 593,282
Creditors: amounts falling due within one year 579,643 557,157
Net current assets (liabilities): 14,609 36,125
Total assets less current liabilities: 733,179 612,232
Creditors: amounts falling due after more than one year: 121,896 50,000
Provision for liabilities: 72,536 72,536
Total net assets (liabilities): 538,747 489,696

The notes form part of these financial statements

SECURE DATA MANAGEMENT LIMITED

Balance sheet
As at 31st December 2014
continued

Notes 2014
£
2013
£
Capital and reserves
Called up share capital: 3 100 100
Profit and Loss account: 4 538,647 489,596
Total shareholders funds: 538,747 489,696

For the year ending 31 December 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 20 August 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: Marc Chauveau
Status: Director

The notes form part of these financial statements

SECURE DATA MANAGEMENT LIMITED

Notes to the Financial Statements
for the Period Ended
31st December 2014

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the financial reporting standard for smaller entities (effective April 2008)

    Turnover policy

    The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the economic life of that asset as follows: Plant & Machinery - between 5% & 25% reducing balance. Motor Vehicles - 20% reducing balance

    Intangible fixed assets amortisation policy

    Hire purchase agreements: Assets held under the hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis.

    Valuation information and policy

    Where the cpompany enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. The asset is recorded in the balance sheet as a tangible asset and is depreciated in accordance with the above depreciation policies. Future installments under such leases, net of finance charges, are included within creditors. Rentals payable are apportioned between the finance element, which is charged to the profit and loss account on a straight line basis,and the capital element which reduces the outstanding obligation for future installments.

SECURE DATA MANAGEMENT LIMITED

Notes to the Financial Statements
for the Period Ended
31st December 2014

  • 2. Tangible assets

    Land and buildings Plant Machinery Fixtures and fittings Office Equipment Motor vehicles Total
    Cost £ £ £ £ £ £
    At 01st January 2014: - 878,026 - - - 878,026
    Additions: - 208,119 - - - 208,119
    At 31st December 2014: - 1,086,145 - - - 1,086,145
    Depreciation
    At 01st January 2014: - 301,919 - - - 301,919
    Charge for year: - 65,656 - - - 65,656
    At 31st December 2014: - 367,575 - - - 367,575
    Net book value
    At 31st December 2014: - 718,570 - - - 718,570
    At 31st December 2013: - 576,107 - - - 576,107

SECURE DATA MANAGEMENT LIMITED

Notes to the Financial Statements
for the Period Ended
31st December 2014

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period 2013
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1.00
    1.00
    100
    Preference shares: 0 0.00
    0.00
    0
    Total share capital: 100
    Current period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1.00
    1.00
    100
    Preference shares: 0 0.00
    0.00
    0
    Total share capital: 100

SECURE DATA MANAGEMENT LIMITED

Notes to the Financial Statements
for the Period Ended
31st December 2014

  • 4. Profit and loss account

    2014 2013
    £ £
    Opening balance: 489,596 442,779
    Profit or (loss) for the period: 278,750 341,814
    Equity dividends paid: 229,699 294,997
    Retained profit: 538,647 489,596