Company Registration No. 10491151 (England and Wales)
SOLID SECURITY SERVICES LIMITED
Unaudited accounts
for the year ended 31 October 2023
SOLID SECURITY SERVICES LIMITED
Unaudited accounts
Contents
SOLID SECURITY SERVICES LIMITED
Company Information
for the year ended 31 October 2023
Company Number
10491151 (England and Wales)
Registered Office
54a Chatsworth Road
London
E5 0LP
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
SOLID SECURITY SERVICES LIMITED
Statement of financial position
as at 31 October 2023
Tangible assets
64,524
76,315
Cash at bank and in hand
2,544
32,027
Creditors: amounts falling due within one year
(216,885)
(194,609)
Net current assets
54,779
21,904
Called up share capital
102
102
Profit and loss account
119,201
98,117
Shareholders' funds
119,303
98,219
For the year ending 31 October 2023 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 13 February 2024 and were signed on its behalf by
Mr Onder Aydemir
Director
Company Registration No. 10491151
SOLID SECURITY SERVICES LIMITED
Notes to the Accounts
for the year ended 31 October 2023
SOLID SECURITY SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10491151. The registered office is 54a Chatsworth Road, London, E5 0LP, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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:
Land & buildings
10 years - Straight Line Basis
Plant & machinery
5 years - Straight Line Basis
Motor vehicles
5 years - Straight Line Basis
Fixtures & fittings
5 years - Straight Line Basis
Computer equipment
5 years - Straight Line Basis
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
SOLID SECURITY SERVICES LIMITED
Notes to the Accounts
for the year ended 31 October 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 November 2022
50,000
-
20,042
43,543
7,587
121,172
Additions
-
8,037
-
-
1,267
9,304
At 31 October 2023
50,000
8,037
20,042
43,543
8,854
130,476
At 1 November 2022
10,000
-
6,268
25,418
3,171
44,857
Charge for the year
5,000
1,607
4,008
8,709
1,771
21,095
At 31 October 2023
15,000
1,607
10,276
34,127
4,942
65,952
At 31 October 2023
35,000
6,430
9,766
9,416
3,912
64,524
At 31 October 2022
40,000
-
13,774
18,125
4,416
76,315
Amounts falling due within one year
Trade debtors
40,120
66,486
Other debtors
229,000
118,000
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
31,125
(13,856)
Other creditors
177,015
193,607
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
1 A Ordinary shares of £1 each
1
1
1 B Ordinary shares of £1 each
1
1
8
Transactions with related parties
Included within other creditors is an amount of £169,360 (2022: £181,429) due to the directors of the company. There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the year the average number of employees was 14 (2022: 18).