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REGISTERED NUMBER: 14479911 (England and Wales)













Unaudited Financial Statements

for the Period 11 November 2022 to 31 December 2023

for

Facilities & Security Group Limited

Facilities & Security Group Limited (Registered number: 14479911)






Contents of the Financial Statements
for the Period 11 November 2022 to 31 December 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Facilities & Security Group Limited

Company Information
for the Period 11 November 2022 to 31 December 2023







DIRECTORS: D A Foster
C L Moyle





REGISTERED OFFICE: Unit 10-11
Windsor Industrial Estate
Hawkins Lane
Burton-on-Trent
Staffordshire
DE14 1QF





REGISTERED NUMBER: 14479911 (England and Wales)





ACCOUNTANTS: Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Facilities & Security Group Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Facilities & Security Group Limited for the period ended 31 December 2023 which comprise the Profit and Loss Account, 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Facilities & Security Group Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Facilities & Security Group Limited and state those matters that we have agreed to state to the Board of Directors of Facilities & Security Group Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Facilities & Security Group Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Facilities & Security Group 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 Facilities & Security Group Limited. You consider that Facilities & Security Group Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Facilities & Security Group 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.






Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS


6 February 2024

Facilities & Security Group Limited (Registered number: 14479911)

Balance Sheet
31 December 2023

Notes £   
FIXED ASSETS
Intangible assets 4 32,000
Tangible assets 5 25,555
57,555

CURRENT ASSETS
Debtors 6 323,088
Cash at bank 24,870
347,958
CREDITORS
Amounts falling due within one year 7 (381,277 )
NET CURRENT LIABILITIES (33,319 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,236

CREDITORS
Amounts falling due after more than
one year

8

(17,290

)

PROVISIONS FOR LIABILITIES (6,389 )
NET ASSETS 557

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 457
557

Facilities & Security Group Limited (Registered number: 14479911)

Balance Sheet - continued
31 December 2023


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

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

The directors acknowledge their 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2024 and were signed on its behalf by:




D A Foster - Director



C L Moyle - Director


Facilities & Security Group Limited (Registered number: 14479911)

Notes to the Financial Statements
for the Period 11 November 2022 to 31 December 2023

1. STATUTORY INFORMATION

Facilities & Security Group 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Facilities & Security Group Limited (Registered number: 14479911)

Notes to the Financial Statements - continued
for the Period 11 November 2022 to 31 December 2023

2. ACCOUNTING POLICIES - continued
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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 80 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 40,000
At 31 December 2023 40,000
AMORTISATION
Amortisation for period 8,000
At 31 December 2023 8,000
NET BOOK VALUE
At 31 December 2023 32,000

Facilities & Security Group Limited (Registered number: 14479911)

Notes to the Financial Statements - continued
for the Period 11 November 2022 to 31 December 2023

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
Additions 6,955 24,998 31,953
At 31 December 2023 6,955 24,998 31,953
DEPRECIATION
Charge for period 148 6,250 6,398
At 31 December 2023 148 6,250 6,398
NET BOOK VALUE
At 31 December 2023 6,807 18,748 25,555

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 299,043
Amounts owed by associates 7,206
Other debtors 16,839
323,088

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 4,236
Trade creditors 24,695
Taxation and social security 263,174
Other creditors 89,172
381,277

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Hire purchase contracts 17,290

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company made a loan to D A Foster. The loan was unsecured and repayable on demand. Interest was charged at the official rate of interest. The amount outstanding at 31 December 2023 was £14,502.

During the year the company made a loan to C L Moyle. The loan was unsecured and repayable on demand. The amount outstanding at 31 December 2023 was £550.