Company Registration No. 06149223 (England and Wales)
ABACUS SECURITY SYSTEMS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2015
ABACUS SECURITY SYSTEMS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ABACUS SECURITY SYSTEMS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2015
30 September 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
-
1,224
Current assets
Stocks
-
197
Debtors
476
1,434
Cash at bank and in hand
7,512
9,359
7,988
10,990
Creditors: amounts falling due within one year
(7,888)
(8,884)
Net current assets
100
2,106
Total assets less current liabilities
100
3,330
Provisions for liabilities
-
(38)
100
3,292
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
-
3,192
Shareholders' funds
100
3,292
For the financial Period ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 9 December 2015
Mr B. S. S. Moore
Director
Company Registration No. 06149223
ABACUS SECURITY SYSTEMS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
- 25% on reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2014
4,913
Disposals
(4,913)
At 30 September 2015
-
Depreciation
At 1 April 2014
3,689
On disposals
(4,149)
Charge for the period
460
At 30 September 2015
-
Net book value
At 30 September 2015
-
At 31 March 2014
1,224
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100
100