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REGISTERED NUMBER: 05835486 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Smart Security UK Limited

Smart Security UK Limited (Registered number: 05835486)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Smart Security UK Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: P Loveday





REGISTERED OFFICE: Unit 2 Queens Mill
Mill Street East
Dewsbury
WF12 9AQ





REGISTERED NUMBER: 05835486 (England and Wales)






Smart Security UK Limited (Registered number: 05835486)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,357 16,778

CURRENT ASSETS
Stocks 40,045 54,860
Debtors 5 107,843 107,963
Cash at bank and in hand 11,128 96,202
159,016 259,025
CREDITORS
Amounts falling due within one year 6 93,145 112,181
NET CURRENT ASSETS 65,871 146,844
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,228

163,622

CREDITORS
Amounts falling due after more than one
year

7

(31,655

)

(71,279

)

PROVISIONS FOR LIABILITIES (3,089 ) (4,195 )
NET ASSETS 43,484 88,148

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 43,482 88,146
43,484 88,148

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Smart Security UK Limited (Registered number: 05835486)

Balance Sheet - continued
31 July 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 November 2023 and were signed by:





P Loveday - Director


Smart Security UK Limited (Registered number: 05835486)

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

1. STATUTORY INFORMATION

Smart Security UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% reducing balance and 20% reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

Smart Security UK Limited (Registered number: 05835486)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 August 2022 43,974 13,876 73,569 131,419
Additions - 761 - 761
Disposals - - (12,724 ) (12,724 )
At 31 July 2023 43,974 14,637 60,845 119,456
DEPRECIATION
At 1 August 2022 38,796 12,330 63,515 114,641
Charge for year 1,036 470 2,256 3,762
Eliminated on disposal - - (11,304 ) (11,304 )
At 31 July 2023 39,832 12,800 54,467 107,099
NET BOOK VALUE
At 31 July 2023 4,142 1,837 6,378 12,357
At 31 July 2022 5,178 1,546 10,054 16,778

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 46,856 38,880
Other debtors 51,213 69,083
98,069 107,963

Amounts falling due after more than one year:
Amounts owed by group undertakings 9,774 -

Aggregate amounts 107,843 107,963

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,592 7,062
Trade creditors 70,700 59,119
Taxation and social security 11,653 41,795
Other creditors 4,200 4,205
93,145 112,181

Smart Security UK Limited (Registered number: 05835486)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 31,655 36,697
Amounts owed to group undertakings - 34,582
31,655 71,279