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Company Registration No. 09951761 (England and Wales)
First Point Security Solutions Limited Unaudited accounts for the period from 1 February 2021 to 31 July 2022
First Point Security Solutions Limited Unaudited accounts Contents
Page
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First Point Security Solutions Limited Company Information for the period from 1 February 2021 to 31 July 2022
Director
Mr J Collins
Company Number
09951761 (England and Wales)
Registered Office
PO Box 163 Manchester Greater Manchester M26 6DD United Kingdom
Accountants
3rd Eye Accountax LTD PO Box 163 Manchester Greater Manchester M26 6DD
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First Point Security Solutions Limited Statement of financial position as at 31 July 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
598 
1,185 
Current assets
Debtors
56,528 
116,535 
Cash at bank and in hand
135 
43,884 
56,663 
160,419 
Creditors: amounts falling due within one year
(26,951)
(78,781)
Net current assets
29,712 
81,638 
Total assets less current liabilities
30,310 
82,823 
Creditors: amounts falling due after more than one year
(33,471)
(50,000)
Net (liabilities)/assets
(3,161)
32,823 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(3,162)
32,822 
Shareholders' funds
(3,161)
32,823 
For the period ending 31 July 2022 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 director acknowledges his 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 and authorised for issue on 8 November 2023 and were signed on its behalf by
Mr J Collins Director Company Registration No. 09951761
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First Point Security Solutions Limited Notes to the Accounts for the period from 1 February 2021 to 31 July 2022
1
Statutory information
First Point Security Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 09951761. The registered office is PO Box 163, Manchester, Greater Manchester, M26 6DD, 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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
33% reducing balance
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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First Point Security Solutions Limited Notes to the Accounts for the period from 1 February 2021 to 31 July 2022
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2021
4,281 
At 31 July 2022
4,281 
Depreciation
At 1 February 2021
3,096 
Charge for the period
587 
At 31 July 2022
3,683 
Net book value
At 31 July 2022
598 
At 31 January 2021
1,185 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
56,528 
116,535 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
- 
59 
Taxes and social security
26,951 
77,366 
Loans from directors
- 
1,356 
26,951 
78,781 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
33,471 
50,000 
8
Average number of employees
During the period the average number of employees was 4 (2021: 4).
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