1 April 2022 false No description of principal activity Taxfiler 2023.9.1 11885537business:PrivateLimitedCompanyLtd2022-04-012023-03-31 118855372022-03-31 118855372022-04-012023-03-31 11885537business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 11885537business:FilletedAccounts2022-04-012023-03-31 118855372023-03-31 11885537business:Director12022-04-012023-03-31 11885537business:Director22022-04-012023-03-31 11885537business:RegisteredOffice2022-04-012023-03-31 118855372022-03-31 11885537core:WithinOneYear2023-03-31 11885537core:WithinOneYear2022-03-31 11885537core:AfterOneYear2023-03-31 11885537core:AfterOneYear2022-03-31 11885537core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11885537core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 11885537core:PreviouslyStatedAmount2023-03-31 11885537core:PreviouslyStatedAmount2022-03-31 11885537business:SmallEntities2022-04-012023-03-31 11885537countries:EnglandWales2022-04-012023-03-31 11885537core:LandBuildings2022-04-012023-03-31 11885537core:PlantMachinery2022-04-012023-03-31 11885537core:MotorVehicles2022-04-012023-03-31 11885537core:LandBuildings2022-03-31 11885537core:PlantMachinery2022-03-31 11885537core:MotorVehicles2022-03-31 11885537core:ComputerEquipment2022-03-31 11885537core:ComputerEquipment2022-04-012023-03-31 11885537core:LandBuildings2023-03-31 11885537core:PlantMachinery2023-03-31 11885537core:MotorVehicles2023-03-31 11885537core:ComputerEquipment2023-03-31 118855372021-04-012022-03-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
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
- 3 -
AB Security Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
31,957 
11,369 
Current assets
Debtors
35,943 
73,938 
Cash at bank and in hand
88,229 
49,156 
124,172 
123,094 
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)
Net assets
25,846 
31,874 
Capital and reserves
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
- 4 -
AB Security Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
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 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
35,943 
73,938 
- 5 -
AB Security Ltd Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
13,296 
10,174 
Trade creditors
41,992 
22,536 
Taxes and social security
22,842 
26,629 
Other creditors
5,201 
- 
Accruals
750 
750 
84,081 
60,089 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
32,121 
42,500 
Obligations under finance leases and hire purchase contracts
14,081 
- 
46,202 
42,500 
8
Average number of employees
During the year the average number of employees was 3 (2022: 2).
- 6 -