Guardior Security Limited 05555977 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is to undertake security packages for third party organisations in the United Kingdom. Digita Accounts Production Advanced 6.30.9574.0 true true 05555977 2022-04-01 2023-03-31 05555977 2023-03-31 05555977 core:RetainedEarningsAccumulatedLosses 2023-03-31 05555977 core:CurrentFinancialInstruments 2023-03-31 05555977 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 05555977 core:FurnitureFittingsToolsEquipment 2023-03-31 05555977 bus:SmallEntities 2022-04-01 2023-03-31 05555977 bus:Audited 2022-04-01 2023-03-31 05555977 bus:FullAccounts 2022-04-01 2023-03-31 05555977 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 05555977 bus:RegisteredOffice 2022-04-01 2023-03-31 05555977 bus:Director1 2022-04-01 2023-03-31 05555977 bus:Director10 2022-04-01 2023-03-31 05555977 bus:Director2 2022-04-01 2023-03-31 05555977 bus:Director3 2022-04-01 2023-03-31 05555977 bus:Director4 2022-04-01 2023-03-31 05555977 bus:Director7 2022-04-01 2023-03-31 05555977 bus:Director9 2022-04-01 2023-03-31 05555977 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 05555977 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 05555977 1 2022-04-01 2023-03-31 05555977 countries:EnglandWales 2022-04-01 2023-03-31 05555977 2021-04-01 2022-03-31 05555977 2022-03-31 05555977 core:RetainedEarningsAccumulatedLosses 2022-03-31 05555977 core:CurrentFinancialInstruments 2022-03-31 05555977 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 05555977

Guardior Security Limited

Financial Statements

for the Year Ended 31 March 2023

 

Guardior Security Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 7

 

Guardior Security Limited

Company Information

Directors

P A Munnelly

P V Munnelly

J P Munnelly

W J W Noble

C H Peach

C Hope

P D Munnelly

Registered office

Munnelly House
84-88 Pinner Road
Harrow
HA1 4LP

Auditors

Landmark Audit Limited
Leavesden Park
5 Hercules Way
Watford
Hertfordshire
WD25 7GS

 

Guardior Security Limited

(Registration number: 05555977)
Balance Sheet as at 31 March 2023

Note

2023

2022

   

£ 000

£ 000

£ 000

£ 000

Fixed assets

   

 

Tangible assets

4

 

1

 

-

Current assets

   

 

Debtors

5

2,078

 

371

 

Cash at bank and in hand

 

83

 

33

 

 

2,161

 

404

 

Creditors: Amounts falling due within one year

6

(1,968)

 

(241)

 

Net current assets

   

193

 

163

Net assets

   

194

 

163

Capital and reserves

   

 

Profit and loss account

194

 

163

 

Total equity

   

194

 

163

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 November 2023 and signed on its behalf by:
 

.........................................
P A Munnelly
Director

 

Guardior Security Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Munnelly House
84-88 Pinner Road
Harrow
HA1 4LP

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements have been prepared in £ sterling and are rounded to the nearest £'000.

Summary of disclosure exemptions

The company has taken advantage of the exemption under FRS 102 Section 1A not to disclose transactions with 100% wholly owned subsidiaries within the same group.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 22 November 2023 was Philip Cole, who signed for and on behalf of Landmark Audit Limited.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants are recognised where there is a reasonable assurance that the grant will be received and the entity will comply with the conditions attached to them.

 

Guardior Security Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture, fittings and equipment

Straight line over 3 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

 

Guardior Security Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments.
 Recognition and measurement
Basic financial instruments are recognised at amortised cost.
 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 44 (2022 - 48).

 

Guardior Security Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

4

Tangible assets

Furniture, fittings and equipment
 £ 000

Total
£ 000

Cost or valuation

Additions

1

1

At 31 March 2023

1

1

Depreciation

Carrying amount

At 31 March 2023

1

1

5

Debtors

Current

2023
£ 000

2022
£ 000

Trade debtors

285

206

Amounts owed by related parties

1,781

149

Prepayments

12

15

Other debtors

-

1

 

2,078

371

6

Creditors

2023
£ 000

2022
£ 000

Due within one year

Trade creditors

122

95

Amounts owed to group undertakings and undertakings in which the company has a participating interest

1,421

14

Taxation and social security

269

102

Other creditors

156

30

1,968

241

 

Guardior Security Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

7

Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are pensions of £10,000 (2022 - £10,000).

8

Parent and ultimate parent undertaking

The company's immediate parent is Munnelly Group Limited, incorporated in England and Wales.

 

The parent of the smallest group in which these financial statements are consolidated is Munnelly Group Limited.

The address of Munnelly Group Limited is:
Munnelly House
84-88 Pinner Road
Harrow
HA1 4LP