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REGISTERED NUMBER: 08125974 (England and Wales)













Unaudited Financial Statements for the Year Ended 31 July 2023

for

Securcity Limited

Securcity Limited (Registered number: 08125974)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Securcity Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: C Roberts





REGISTERED OFFICE: Unit 8 Willow Court
Crystal Drive
Smethwick
B66 1RD





REGISTERED NUMBER: 08125974 (England and Wales)





ACCOUNTANTS: Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Securcity Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Director's Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Securcity Limited for the year ended 31 July 2023 which comprise the Profit and Loss account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Securcity Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Securcity Limited and state those matters that we have agreed to state to the director of Securcity Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Securcity Limited and its director for our work or for this report.

It is your duty to ensure that Securcity Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Securcity Limited. You consider that Securcity Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Securcity Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS


21 September 2023

Securcity Limited (Registered number: 08125974)

Balance Sheet
31 July 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 128,438 171,030
128,438 171,030

CURRENT ASSETS
Stocks 105,000 4,017
Debtors 6 491,161 849,750
Cash at bank 1,380,709 402,032
1,976,870 1,255,799
CREDITORS
Amounts falling due within one year 7 (604,556 ) (479,120 )
NET CURRENT ASSETS 1,372,314 776,679
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,500,752

947,709

CREDITORS
Amounts falling due after more than
one year

8

(6,835

)

(39,859

)

PROVISIONS FOR LIABILITIES (13,115 ) (17,829 )
NET ASSETS 1,480,802 890,021

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,480,801 890,020
1,480,802 890,021

Securcity Limited (Registered number: 08125974)

Balance Sheet - continued
31 July 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 September 2023 and were signed by:





C Roberts - Director


Securcity Limited (Registered number: 08125974)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Securcity Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on straight line
Plant and machinery - 25% straight line
Fixtures and fittings - 15% straight line
Motor vehicles - 25% straight line
Computer equipment - 25% straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Securcity Limited (Registered number: 08125974)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 220,000
AMORTISATION
At 1 August 2022
and 31 July 2023 220,000
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 -

Securcity Limited (Registered number: 08125974)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 August 2022 82,051 6,827 10,916
Additions - - 1,241
Disposals - - -
At 31 July 2023 82,051 6,827 12,157
DEPRECIATION
At 1 August 2022 4,860 4,772 6,705
Charge for year 1,215 1,027 1,793
Eliminated on disposal - - -
At 31 July 2023 6,075 5,799 8,498
NET BOOK VALUE
At 31 July 2023 75,976 1,028 3,659
At 31 July 2022 77,191 2,055 4,211

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2022 177,246 19,050 296,090
Additions - 5,563 6,804
Disposals (14,617 ) - (14,617 )
At 31 July 2023 162,629 24,613 288,277
DEPRECIATION
At 1 August 2022 100,555 8,168 125,060
Charge for year 40,657 4,704 49,396
Eliminated on disposal (14,617 ) - (14,617 )
At 31 July 2023 126,595 12,872 159,839
NET BOOK VALUE
At 31 July 2023 36,034 11,741 128,438
At 31 July 2022 76,691 10,882 171,030

Securcity Limited (Registered number: 08125974)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 487,204 836,715
Other debtors 3,957 13,035
491,161 849,750

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 23,870 21,780
Trade creditors 223,251 259,433
Taxation and social security 230,027 180,193
Other creditors 127,408 17,714
604,556 479,120

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Hire purchase contracts 6,835 39,859

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 30,705 61,639

The hire purchase contracts are secured over the assets concerned.