IRIS Accounts Production v23.3.1.45 14115188 Board of Directors 18.5.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh141151882022-05-17141151882023-05-31141151882022-05-182023-05-31141151882022-05-1714115188ns10:Originalns15:EnglandWales2022-05-182023-05-3114115188ns14:PoundSterlingns10:Original2022-05-182023-05-3114115188ns10:Originalns10:Director12022-05-182023-05-3114115188ns10:Original2022-05-182023-05-3114115188ns10:Original2023-05-3114115188ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-182023-05-3114115188ns10:Originalns10:SmallEntities2022-05-182023-05-3114115188ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-182023-05-3114115188ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-182023-05-3114115188ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-182023-05-3114115188ns10:Originalns10:FullAccounts2022-05-182023-05-3114115188ns10:Originalns10:Director22022-05-182023-05-3114115188ns10:Originalns10:RegisteredOffice2022-05-182023-05-3114115188ns10:Originalns5:CurrentFinancialInstruments2023-05-3114115188ns5:ShareCapitalns10:Original2023-05-3114115188ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3114115188ns10:Originalns5:MotorVehicles2022-05-182023-05-3114115188ns10:Originalns5:MotorVehicles2023-05-3114115188ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-182023-05-31
REGISTERED NUMBER: 14115188 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 18 MAY 2022 TO 31 MAY 2023

FOR

NORTH LONDON FIRE SECURITY SYSTEMS
LIMITED

NORTH LONDON FIRE SECURITY SYSTEMS
LIMITED (REGISTERED NUMBER: 14115188)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 18 May 2022 to 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


NORTH LONDON FIRE SECURITY SYSTEMS
LIMITED

COMPANY INFORMATION
for the period 18 May 2022 to 31 May 2023







DIRECTORS: M Pasha
H Pasha





REGISTERED OFFICE: 141 North Circular Road
London
N13 5EL





REGISTERED NUMBER: 14115188 (England and Wales)





ACCOUNTANTS: Jeffrey C C Hoong FCCA
Hoong & Company
7 Lorian Close
Woodside Park
London
N12 7DW

NORTH LONDON FIRE SECURITY SYSTEMS
LIMITED (REGISTERED NUMBER: 14115188)

BALANCE SHEET
31 May 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 10,731

CURRENT ASSETS
Debtors 5 33,275
Cash at bank 59,984
93,259
CREDITORS
Amounts falling due within one year 6 66,207
NET CURRENT ASSETS 27,052
TOTAL ASSETS LESS CURRENT LIABILITIES 37,783

CAPITAL AND RESERVES
Called up share capital 10
Retained earnings 7 37,773
37,783

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2024 and were signed on its behalf by:





M Pasha - Director


NORTH LONDON FIRE SECURITY SYSTEMS
LIMITED (REGISTERED NUMBER: 14115188)

NOTES TO THE FINANCIAL STATEMENTS
for the period 18 May 2022 to 31 May 2023

1. STATUTORY INFORMATION

North London Fire Security Systems 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.
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the period 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
Additions 14,309
At 31 May 2023 14,309
DEPRECIATION
Charge for period 3,578
At 31 May 2023 3,578
NET BOOK VALUE
At 31 May 2023 10,731

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 33,275

NORTH LONDON FIRE SECURITY SYSTEMS
LIMITED (REGISTERED NUMBER: 14115188)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 18 May 2022 to 31 May 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 12,899
Tax 6,343
VAT 9,589
Natwest credit card 798
Director's loan account 35,078
Accrued expenses 1,500
66,207

7. RESERVES
Retained
earnings
£   

Profit for the period 37,773
At 31 May 2023 37,773