ADP Security Systems Limited - Limited company - abbreviated

REGISTERED NUMBER: 03214405 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2013

FOR

ADP SECURITY SYSTEMS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D J M Preston

A Day

SECRETARY:

D J M Preston

REGISTERED OFFICE:

Newtown House

38 Newtown Road

Liphook

Hampshire

GU30 7DX

REGISTERED NUMBER:

03214405 (England and Wales)

ACCOUNTANTS:

Traviss & Co

Chartered Accountants

Newtown House

38 Newtown Road

Liphook

Hampshire

GU30 7DX

BANKERS:

Lloyds TSB Bank plc

12 High Street

Haslemere

Surrey

GU27 2JG

FIXED ASSETS

Tangible assets

2

46,951

39,379

CURRENT ASSETS

Debtors

275,083

250,910

Cash at bank and in hand

76,266

50,216

351,349

301,126

CREDITORS

Amounts falling due within one year

3

194,164

177,827

NET CURRENT ASSETS

157,185

123,299

TOTAL ASSETS LESS CURRENT
LIABILITIES

204,136

162,678

CREDITORS

Amounts falling due after more than one
year

3

(15,053

)

(10,050

)

PROVISIONS FOR LIABILITIES

(469

)

(149

)

NET ASSETS

188,614

152,479

CAPITAL AND RESERVES

Called up share capital

4

800

Profit and loss account

187,814

151,679

SHAREHOLDERS' FUNDS

188,614

152,479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2013 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.

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 Board of Directors on 19 March 2014 and were signed on its behalf by:

D J M Preston - Director

1.	ACCOUNTING POLICIES

Accounting convention

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

Turnover represents net invoiced sale of security and on-site services, excluding value added tax.

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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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 contributes to money purchase schemes for certain employees. All contributions payable are

charged to the profit and loss account for the period they are due.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2012

152,095

Additions

27,115

Disposals

(16,400

)

At 30 June 2013

162,810

DEPRECIATION

At 1 July 2012

112,716

Charge for year

15,651

Eliminated on disposal

(12,508

)

At 30 June 2013

115,859

NET BOOK VALUE

At 30 June 2013

46,951

At 30 June 2012

39,379

3.

CREDITORS

Creditors include an amount of £ 22,065 (2012 - £ 17,713 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

800

ordinary

£1

800