REGISTERED NUMBER: 03313226 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2016

for

Abbey Security Services Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

I T Whitaker-Bethel

REGISTERED OFFICE:

Porters House 32-33 Eastern Way

Bury St. Edmunds

Suffolk

IP32 7AB

REGISTERED NUMBER:

03313226 (England and Wales)

ACCOUNTANTS:

Knights Lowe Chartered Accountants

Eldo House

Kempson Way

Suffolk Business Park

Bury St Edmunds

Suffolk

IP32 7AR

FIXED ASSETS

Tangible assets

2

413,192

406,420

Investments

3

46,889

46,889

460,081

453,309

CURRENT ASSETS

Debtors

4

239,970

271,695

Cash at bank and in hand

68,889

114,687

308,859

386,382

CREDITORS

Amounts falling due within one year

5

278,110

311,787

NET CURRENT ASSETS

30,749

74,595

TOTAL ASSETS LESS CURRENT LIABILITIES

490,830

527,904

CREDITORS

Amounts falling due after more than one year

5

(262,399

)

(296,608

)

PROVISIONS FOR LIABILITIES

(611

)

(2,309

)

NET ASSETS

227,820

228,987

CAPITAL AND RESERVES

Called up share capital

6

30,000

30,000

Revaluation reserve

26,659

26,659

Profit and loss account

171,161

172,328

SHAREHOLDERS' FUNDS

227,820

228,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 4 November 2016 and were signed by:

I T Whitaker-Bethel - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the

revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities

(effective January 2015).

Turnover

Turnover represents the net value of contracts completed at the balance sheet date, exclusive of value added

tax. The Company's contractual obligations are performed over time therefore revenue is recognised as the

contract activity progresses to reflect the Company's partial performance of its contractual obligations.

Revenue is calculated by reference to the value of work performed.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

10 years straight line

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

3 years straight line

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance

leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

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 the profit and loss account in the period to which they relate.

Impairment

At each reporting date, goodwill and other fixed assets, including tangible fixed assets and investments but

excluding investment properties, are assessed to determine whether there is an indication that the carrying

amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is

an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use

and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is

lower, the carrying amount of the asset is written down to its estimated recoverable amount and an

impairment loss is recognised in profit and loss.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 May 2015

705,360

Additions

57,626

Disposals

(39,489

)

At 30 April 2016

723,497

DEPRECIATION

At 1 May 2015

298,940

Charge for year

33,621

Eliminated on disposal

(22,256

)

At 30 April 2016

310,305

NET BOOK VALUE

At 30 April 2016

413,192

At 30 April 2015

406,420

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 May 2015

and 30 April 2016

46,889

NET BOOK VALUE

At 30 April 2016

46,889

At 30 April 2015

46,889

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 1,232 (2015 - £ 8,538 )

5.

CREDITORS

Creditors include an amount of £ 295,616 (2015 - £ 284,077 ) for which security has been given.

They also include the following debts falling due in more than five years:

2016

2015

£

£

Repayable by instalments

208,482

225,232

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

30,000

Ordinary

£1

30,000

30,000

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2016 and

30 April 2015:

2016

2015

£

£

I T Whitaker-Bethel

Balance outstanding at start of year

34,154

158,699

Amounts advanced

22,859

9,650

Amounts repaid

(52,086

)

(134,195

)

Balance outstanding at end of year

4,927

34,154

The loan is unsecured, interest free and no repayment terms had been agreed.