Company Registration No. 08694978 (England and Wales)
Think Security Systems Limited
Unaudited accounts
for the year ended 30 September 2018
Think Security Systems Limited
Unaudited accounts
Contents
Think Security Systems Limited
Company Information
for the year ended 30 September 2018
Directors
Mr R Dansie
Mrs D Dansie
Company Number
08694978 (England and Wales)
Registered Office
ARAN HOUSE
NORTH PARK LANE
GODSTONE
RH9 8ND
Think Security Systems Limited
Statement of financial position
as at
30 September 2018
Tangible assets
80,370
59,963
Debtors
1,342,047
1,206,897
Cash at bank and in hand
541,698
163,143
Creditors: amounts falling due within one year
(314,478)
(110,976)
Net current assets
1,582,984
1,259,064
Net assets
1,910,354
1,319,027
Called up share capital
2
2
Profit and loss account
1,910,352
1,319,025
Shareholders' funds
1,910,354
1,319,027
For the year ending 30 September 2018 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 25 June 2019.
Mrs D Dansie
Director
Company Registration No. 08694978
Think Security Systems Limited
Notes to the Accounts
for the year ended 30 September 2018
Think Security Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 08694978. The registered office is ARAN HOUSE, NORTH PARK LANE, GODSTONE, RH9 8ND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2017
80,020
12,284
11,399
103,703
Additions
58,024
-
-
58,024
At 30 September 2018
138,044
12,284
11,399
161,727
At 1 October 2017
32,414
6,941
4,385
43,740
Charge for the year
33,538
1,764
2,315
37,617
At 30 September 2018
65,952
8,705
6,700
81,357
At 30 September 2018
72,092
3,579
4,699
80,370
At 30 September 2017
47,606
5,343
7,014
59,963
Think Security Systems Limited
Notes to the Accounts
for the year ended 30 September 2018
5
Investments
Other investments
Valuation at 1 October 2017
-
Valuation at 30 September 2018
247,000
Trade debtors
1,342,047
1,206,897
8
Creditors: amounts falling due within one year
2018
2017
Trade creditors
170,519
23,104
Taxes and social security
143,861
82,325
Other creditors
100
5,549
Loans from directors
(2)
(2)
9
Average number of employees
During the year the average number of employees was 0 (2017: 0).