Company Registration No. 11885537 (England and Wales)
AB Security Ltd
Unaudited accounts
for the year ended 31 March 2023
AB Security Ltd
Unaudited accounts
Contents
AB Security Ltd
Company Information
for the year ended 31 March 2023
Directors
Alan Britchford
Bradley Jackson
Company Number
11885537 (England and Wales)
Registered Office
42 SUFFOLK ROAD
SIDCUP
DA14 5DD
UNITED KINGDOM
Accountants
GEM Accountancy
1 Lemsford Village
Welwyn Garden City
Herts
AL8 7TN
AB Security Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
31,957
11,369
Cash at bank and in hand
88,229
49,156
Creditors: amounts falling due within one year
(84,081)
(60,089)
Net current assets
40,091
63,005
Total assets less current liabilities
72,048
74,374
Creditors: amounts falling due after more than one year
(46,202)
(42,500)
Profit and loss account
25,846
31,874
Shareholders' funds
25,846
31,874
For the year ending 31 March 2023 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.
The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2023 and were signed on its behalf by
Alan Britchford
Director
Company Registration No. 11885537
AB Security Ltd
Notes to the Accounts
for the year ended 31 March 2023
AB Security Ltd is a private company, limited by shares, registered in England and Wales, registration number 11885537. The registered office is 42 SUFFOLK ROAD, SIDCUP, DA14 5DD, UNITED KINGDOM.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25% straight line
Plant & machinery
25% straight line
Motor vehicles
25% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
6,369
4,523
22,033
1,332
34,257
Additions
-
-
37,806
1,065
38,871
At 31 March 2023
6,369
4,523
59,839
2,397
73,128
At 1 April 2022
3,730
2,301
16,524
333
22,888
Charge for the year
1,593
1,131
14,960
599
18,283
At 31 March 2023
5,323
3,432
31,484
932
41,171
At 31 March 2023
1,046
1,091
28,355
1,465
31,957
At 31 March 2022
2,639
2,222
5,509
999
11,369
Amounts falling due within one year
Trade debtors
35,943
73,938
AB Security Ltd
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
41,992
22,536
Taxes and social security
22,842
26,629
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
14,081
-
8
Average number of employees
During the year the average number of employees was 3 (2022: 2).