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REGISTERED NUMBER: 03175701 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Homeguard Security Systems Limited

Homeguard Security Systems Limited (Registered number: 03175701)






Contents of the Financial Statements
for the year ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Homeguard Security Systems Limited

Company Information
for the year ended 31 March 2023







DIRECTORS: B Thistleton
Mrs J Thistleton



REGISTERED OFFICE: 207 Bradford Road
Stanningley
Pudsey
Leeds
West Yorkshire
LS28 6QB



REGISTERED NUMBER: 03175701 (England and Wales)



ACCOUNTANTS: D'Arcy Howard & Co Leeds
Chartered Certified Accountants
207 Bradford Road
Stanningley
Pudsey
Leeds
West Yorkshire
LS28 6QB



BANKERS: HSBC
Queen Street
Morley
Leeds
West Yorkshire
LS27 8DY

Homeguard Security Systems Limited (Registered number: 03175701)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 661 780
Investment property 5 490,977 308,857
491,638 309,637

CURRENT ASSETS
Debtors 6 39 40
Cash at bank 274,131 314,194
274,170 314,234
CREDITORS
Amounts falling due within one year 7 176,780 25,086
NET CURRENT ASSETS 97,390 289,148
TOTAL ASSETS LESS CURRENT
LIABILITIES

589,028

598,785

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 588,928 598,685
SHAREHOLDERS' FUNDS 589,028 598,785

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 October 2023 and were signed on its behalf by:




B Thistleton - Director


Homeguard Security Systems Limited (Registered number: 03175701)

Notes to the Financial Statements
for the year ended 31 March 2023

1. STATUTORY INFORMATION

Homeguard Security Systems 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Homeguard Security Systems Limited (Registered number: 03175701)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 750 1,650 1,776 4,176
DEPRECIATION
At 1 April 2022 420 1,200 1,776 3,396
Charge for year 51 68 - 119
At 31 March 2023 471 1,268 1,776 3,515
NET BOOK VALUE
At 31 March 2023 279 382 - 661
At 31 March 2022 330 450 - 780

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 308,857
Additions 182,120
At 31 March 2023 490,977
NET BOOK VALUE
At 31 March 2023 490,977
At 31 March 2022 308,857

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 39 40

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 442
Taxation and social security 2,426 9,921
Other creditors 174,354 14,723
176,780 25,086

Homeguard Security Systems Limited (Registered number: 03175701)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

8. CALLED UP SHARE CAPITAL




Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
33 Ordinary £1 33 33
33 A Ordinary £1 33 33
34 B Ordinary £1 34 34
100 100

9. ULTIMATE CONTROLLING PARTY

The controlling party is not known.