2022-02-012023-01-3131 January 2023Guaranteed Security Limited10563060falseMark Phillip Humphreys9 October 2023The principal activity of the company continued to be Private Security Activities.1 Peploe LaneNew HollandBarrow upon HumberDN19 7PS11Ajaccts Software2.1.7 beta10563060bus:FullAccounts2022-02-012023-01-3110563060bus:FRS1022022-02-012023-01-3110563060bus:PrivateLimitedCompanyLtd2022-02-012023-01-3110563060bus:AuditExempt-NoAccountantsReport2022-02-012023-01-3110563060core:PlantMachinery2022-01-3110563060core:InvestmentPropertyIncludedWithinPPE2022-01-3110563060core:LandBuildings2022-01-3110563060core:FurnitureFittingsToolsEquipment2022-01-3110563060core:Vehicles2022-01-3110563060core:ComputerEquipment2022-01-3110563060core:PlantMachinery2023-01-3110563060core:InvestmentPropertyIncludedWithinPPE2023-01-3110563060core:LandBuildings2023-01-3110563060core:FurnitureFittingsToolsEquipment2023-01-3110563060core:Vehicles2023-01-3110563060core:ComputerEquipment2023-01-31105630602021-02-0110563060core:DevelopmentCostsPatentsSimilar2022-02-012023-01-3110563060core:DevelopmentCostsPatentsSimilar2023-01-3110563060core:DevelopmentCostsPatentsSimilar2022-01-3110563060core:DividendsProposed2022-02-012023-01-3110563060core:DividendsProposed2021-02-012022-01-3110563060core:LandBuildings2021-02-012022-01-3110563060core:PlantMachinery2021-02-012022-01-3110563060core:FurnitureFittingsToolsEquipment2021-02-012022-01-3110563060core:Vehicles2021-02-012022-01-3110563060core:ComputerEquipment2021-02-012022-01-3110563060core:InvestmentPropertyIncludedWithinPPE2022-02-012023-01-3110563060core:LandBuildings2022-02-012023-01-3110563060core:PlantMachinery2022-02-012023-01-3110563060core:FurnitureFittingsToolsEquipment2022-02-012023-01-3110563060core:Vehicles2022-02-012023-01-3110563060core:ComputerEquipment2022-02-012023-01-3110563060core:ComputerEquipment2021-02-0110563060core:ComputerEquipment2022-02-01105630602022-01-3110563060bus:Consolidated2022-01-31105630602023-01-3110563060bus:Consolidated2023-01-31105630602021-02-012022-01-3110563060bus:Consolidated2021-02-012022-01-31105630602022-02-012023-01-3110563060bus:Consolidated2022-02-012023-01-3110563060bus:CompanySecretaryDirector12022-02-012023-01-3110563060bus:Director12022-02-012023-01-3110563060bus:Director22022-02-012023-01-3110563060bus:Director32022-02-012023-01-3110563060bus:Director42022-02-012023-01-3110563060bus:Director52022-02-012023-01-3110563060bus:Director62022-02-012023-01-3110563060bus:Director72022-02-012023-01-3110563060bus:Director82022-02-012023-01-3110563060bus:Director92022-02-012023-01-3110563060bus:Director102022-02-012023-01-3110563060bus:Director112022-02-012023-01-3110563060bus:Director122022-02-012023-01-3110563060bus:Director132022-02-012023-01-3110563060bus:Director142022-02-012023-01-3110563060bus:Director152022-02-012023-01-3110563060bus:Director162022-02-012023-01-3110563060bus:Director172022-02-012023-01-3110563060bus:Director182022-02-012023-01-3110563060bus:Director192022-02-012023-01-3110563060bus:Director202022-02-012023-01-31105630602022-02-012023-01-3110563060bus:CompanySecretaryDirector12023-01-3110563060bus:Director12023-01-3110563060bus:Director22023-01-3110563060bus:CompanySecretaryDirector12022-02-012023-01-3110563060bus:Director12022-02-012023-01-3110563060bus:Director22022-02-012023-01-31105630602022-02-012023-01-3110563060bus:CompanySecretaryDirector12022-01-3110563060bus:Director12022-01-3110563060bus:Director22022-01-3110563060bus:EntityAccountantsOrAuditors2022-02-012023-01-3110563060bus:EntityAccountantsOrAuditors2022-02-012023-01-3110563060bus:EntityAccountantsOrAuditors2023-01-3110563060bus:RegisteredOffice2022-02-012023-01-3110563060bus:EntityBankers2022-02-012023-01-3110563060bus:EntityLawyersOrLegalAdvisers2022-02-012023-01-31xbrli:pureiso4217:GBPxbrli:shares
Unaudited Accounts for Guaranteed Security Limited
Company Information, Directors' Report and Financial Statements

For the Financial Year ended 31 January 2023

Company Information

Directors
Mark Phillip Humphreys
Guaranteed Security Limited is a Limited Company incorporated in the United Kingdom and registered in England and Wales.
Registered Office Address
Guaranteed Security Limited
1 Peploe Lane
New Holland
Barrow upon Humber
DN19 7PS
Registered Number
10563060
Directors' report
The directors present their report and financial statements for the year ended 31 January 2023.
Statement of Directors' responsibilities
The directors are responsible for preparing the Directors Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare financial statements in accordance with United Kingdom Generally Accepted Accounting Practice and applicable law. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to
a) select suitable accounting policies and then apply them consistently
b) make judgements and estimates that are reasonable and prudent
c) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Results and dividends
The profit (loss) for the year after taxation amounted to £ 105,039.
Principal activity, review of the business and future developments
The principal activity of the company continued to be Private Security Activities.
Principal risks and uncertainties
The directors have reviewed the business and believe there to be no significant financial risks to the business at this time. The accounts are presented as a going concern.
Political and charitable donations
There were no such donations.
Directors and their Interests
The directors who served during the year and if disclosed, their interests in the share capital of the company were as follows:
Ordinary shares of £1.00 each
20232022
Mark Phillip Humphreys11
Other Notes
Signature of Directors' Report
This report was approved and signed on behalf of the board
DirectorMark Phillip Humphreys
Date9 October 2023
End of Directors Report
Unaudited Financial Statements
Income Statement
for the year ended 31 January 2023
20232022
££
Turnover6,623,6584,650,620
Cost of sales(6,135,087)(4,037,237)
Gross profit488,571613,383
Distribution costs--
Administrative expenses(383,535)(130,595)
Operating profit105,037482,788
Interest received/receivable22
Interest paid/payable-2
Profit (Loss) on Ordinary Activities before Tax105,039482,793
Tax on profit on ordinary activities-(7,555)
Profit (Loss) on Ordinary Activities after Tax105,039475,238
Non-Taxable Income--
Profit (Loss) for the financial year105,039475,238
Statement of Comprehensive Income
for the year ended 31 January 2023
20232022
££
Profit for the financial year 105,039475,238
Currency translation differences on foreign currency net investments--
Unrealised Gain (loss) investments--
Total comprehensive income for the financial year 105,039475,238
Statement of Financial Position
at 31 January 2023
20232022
££
Fixed Assets
Intangible assets--
Tangible assets195,07941,662
Investments508,030443,030
703,109484,692
Current assets
Stocks--
Debtors2,359,123863,742
Cash at bank and in hand32,29170,956
Other--
2,391,414934,699
Creditors: amounts falling due within one year4(2,252,591)(823,982)
Net current assets138,823110,717
Total assets less current liabilities841,932595,408
Creditors: amounts falling due after more than one year(91,766)(38,504)
Deferred tax liability(-)(-)
Other Provisions for Liabilities(-)(-)
Net Assets750,166556,905
Capital and Reserves
Called up Share Capital511
Share Premium--
Profit and Loss account750,165556,904
Total Equity750,166556,905
Statement of Accordance with Small Companies regime, and Audit not required
The directors confirm that financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The directors confirm that the Company is 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 of its accounts for the year in question in accordance with section 476. No audit has been obtained
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
Other Footnotes
None
Signature of Statement of Financial Position
Signed by
DirectorMark Phillip Humphreys
Approved by the board, 9 October 2023
Statement of Changes in Equity
Share CapitalProfit and Loss AccountTotal
£££
At 31 January 20221645,126556,905
Trading Income-105,039105,039
Other Comprehensive Income---
Dividends paid-(-)(-)
Equity Issued---
At 31 January 20231750,165750,166
Notes to the financial statements
at 31 January 2023
1. General Information
Guaranteed Security Limited is a Limited company incorporated in the United Kingdom and registered in England and Wales.
Registered Office Address:
Guaranteed Security Limited
1 Peploe Lane
New Holland
Barrow upon Humber
DN19 7PS
2. Basis of Preparation and Policies
The financial statements are prepared under the historical cost convention and in accordance with FRS 102 section 1A, the Financial Reporting Standard applicable in the UK and Republic of Ireland applicable to Smaller Entities.
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Statement of Cash flows
Exempt from cash flow statement requirement : true
Accounting Policies
Turnover
Turnover represents revenue earned during the period, net of Value Added Tax.
Other
3. Analysis of Debtors
Short term debtors : Trade Debtors
20232022
££
2,241,544842,870
Short term debtors : Prepayments
20232022
££
--
Short term debtors : Tax Debtors
20232022
££
37,60520,872
Short term debtors : Others
20232022
££
--
Directors Loan Account
20232022
££
79,974-
4. Analysis of Creditors
Short term creditors : Trade Creditors
20232022
££
2,240,379803,476
Short term creditors : Accruals
20232022
££
--
Short term creditors : Bank Overdraft
20232022
££
--
Short term creditors : Other Loan/HP
20232022
££
--
Short term creditors : Corporation Tax
20232022
££
07,555
Short term creditors : VAT/Social Security
20232022
££
7,75411,376
Short term creditors : Dividends
20232022
££
--
Short term creditors : Others
20232022
££
4,4581,575
Group Undertakings
20232022
££
--
Long term creditors (incl. Directors Loans)
20232022
££
91,76638,504
5. Share Capital
Allotted, called up and fully paid
20232022
No£No£
Ordinary1111
Total1111
6. Controlling Party
The ultimate controlling party is the Director(s)
7. Other Notes
The average number of employees in the year was 1 (Previous: 1)
End of Notes to Financial Statements