Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-3132022-04-01falseNo description of principal activity3falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04646627 2022-04-01 2023-03-31 04646627 2021-04-01 2022-03-31 04646627 2023-03-31 04646627 2022-03-31 04646627 c:CompanySecretary1 2022-04-01 2023-03-31 04646627 c:Director1 2022-04-01 2023-03-31 04646627 c:Director2 2022-04-01 2023-03-31 04646627 c:RegisteredOffice 2022-04-01 2023-03-31 04646627 d:MotorVehicles 2022-04-01 2023-03-31 04646627 d:MotorVehicles 2023-03-31 04646627 d:MotorVehicles 2022-03-31 04646627 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04646627 d:FurnitureFittings 2022-04-01 2023-03-31 04646627 d:FurnitureFittings 2023-03-31 04646627 d:FurnitureFittings 2022-03-31 04646627 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04646627 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04646627 d:CurrentFinancialInstruments 2023-03-31 04646627 d:CurrentFinancialInstruments 2022-03-31 04646627 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04646627 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 04646627 d:ShareCapital 2023-03-31 04646627 d:ShareCapital 2022-03-31 04646627 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 04646627 d:RetainedEarningsAccumulatedLosses 2023-03-31 04646627 d:RetainedEarningsAccumulatedLosses 2022-03-31 04646627 c:OrdinaryShareClass1 2022-04-01 2023-03-31 04646627 c:OrdinaryShareClass1 2023-03-31 04646627 c:OrdinaryShareClass1 2022-03-31 04646627 c:FRS102 2022-04-01 2023-03-31 04646627 c:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 04646627 c:FullAccounts 2022-04-01 2023-03-31 04646627 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04646627










SECURIDOR TOTAL SECURITY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
SECURIDOR TOTAL SECURITY LIMITED
 

COMPANY INFORMATION


DIRECTORS
T. J. McDANIEL 
A. McDANIEL 




COMPANY SECRETARY
A. McDANIEL



REGISTERED NUMBER
04646627



REGISTERED OFFICE
930 HIGH ROAD

LONDON

N12 9RT




ACCOUNTANTS
BAGINSKY COHEN
CHARTERED ACCOUNTANTS

930 HIGH ROAD

LONDON

N12 9RT





 
SECURIDOR TOTAL SECURITY LIMITED
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2
Notes to the financial statements
 
 
3 - 7


 
SECURIDOR TOTAL SECURITY LIMITED
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SECURIDOR TOTAL SECURITY LIMITED
FOR THE YEAR ENDED 31 MARCH 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Securidor Total Security Limited for the year ended 31 March 2023 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Securidor Total Security Limited, as a body, in accordance with the terms of our engagement letter dated 26th November 2014Our work has been undertaken solely to prepare for your approval the financial statements of Securidor Total Security Limited  and state those matters that we have agreed to state to the Board of directors of Securidor Total Security Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Securidor Total Security Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Securidor Total Security Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Securidor Total Security Limited. You consider that Securidor Total Security Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Securidor Total Security Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



BAGINSKY COHEN
CHARTERED ACCOUNTANTS
930 HIGH ROAD
LONDON
N12 9RT
27 September 2023
Page 1

 
SECURIDOR TOTAL SECURITY LIMITED
REGISTERED NUMBER: 04646627

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
7,431
9,907

Current assets
  

Debtors: amounts falling due within one year
 5 
73,414
33,988

Cash at bank and in hand
 6 
305,513
300,781

  
378,927
334,769

Creditors: amounts falling due within one year
 7 
(114,262)
(106,897)

Net current assets
  
 
 
264,665
 
 
227,872

Total assets less current liabilities
  
272,096
237,779

  

Net assets
  
272,096
237,779


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
 9 
272,095
237,778

  
272,096
237,779


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 September 2023.

T. J. McDANIEL
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
SECURIDOR TOTAL SECURITY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.ACCOUNTING POLICIES

 
1.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
1.2

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
1.4

BORROWING COSTS

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
SECURIDOR TOTAL SECURITY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.ACCOUNTING POLICIES (CONTINUED)

 
1.5

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
1.6

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25% reducing balance
Furniture and equipment
-
20% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.7

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.8

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.9

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
SECURIDOR TOTAL SECURITY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.ACCOUNTING POLICIES (CONTINUED)

 
1.10

FINANCIAL INSTRUMENTS

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
1.11

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


2.



JUDGMENTS IN APPLYING ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the company’s accounting policies, which are described in note 1, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 3 (2022 -3).

Page 5

 
SECURIDOR TOTAL SECURITY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


TANGIBLE FIXED ASSETS





Motor vehicles
Fixtures & fittings
Total

£
£
£



Cost or valuation


At 1 April 2022
23,161
1,350
24,511



At 31 March 2023

23,161
1,350
24,511



Depreciation


At 1 April 2022
13,390
1,213
14,603


Charge for the year on owned assets
2,443
34
2,477



At 31 March 2023

15,833
1,247
17,080



Net book value



At 31 March 2023
7,328
103
7,431



At 31 March 2022
9,771
136
9,907


5.


DEBTORS

2023
2022
£
£


Trade debtors
73,414
33,988

73,414
33,988



6.


CASH AND CASH EQUIVALENTS

2023
2022
£
£

Cash at bank and in hand
305,513
300,781

Less: bank overdrafts
-
(24)

305,513
300,757


Page 6

 
SECURIDOR TOTAL SECURITY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


CREDITORS: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
-
24

Trade creditors
10,600
13,311

Corporation tax
25,109
15,397

Other taxation and social security
9,648
7,439

Other creditors
66,028
68,049

Accruals and deferred income
2,877
2,677

114,262
106,897



8.


SHARE CAPITAL

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 -1) Ordinary share of £1.00
1
1



9.


RESERVES

Profit & loss account

This includes all current and prior period retained profits and losses.


10.


PENSION COMMITMENTS

The company operates a defined contribution scheme. The assets of the scheme are held seperately from those of the company in an independtly authorised fund. The pension cost charged represents contributions payable by the company to the fund. 


Page 7