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REGISTERED NUMBER: 03311839 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST APRIL 2023 TO 29TH JUNE 2023

FOR

A. M. SECURITY LIMITED

A. M. SECURITY LIMITED (REGISTERED NUMBER: 03311839)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST APRIL 2023 TO 29TH JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A. M. SECURITY LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST APRIL 2023 TO 29TH JUNE 2023







DIRECTORS: S G Thomas
T H G Howard
D Green
H N De Beer
R M West





REGISTERED OFFICE: C/O Peachey & Co LLP
95 Aldwych
London
WC2B 4JF





REGISTERED NUMBER: 03311839 (England and Wales)





ACCOUNTANTS: Parkers
Cornelius House
178-180 Church Road
Hove
East Sussex
BN3 2DJ

A. M. SECURITY LIMITED (REGISTERED NUMBER: 03311839)

BALANCE SHEET
29TH JUNE 2023

2023 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 90,475 76,080
90,475 76,080

CURRENT ASSETS
Stocks 50,000 130,000
Debtors 6 504,621 571,090
Cash at bank and in hand 187,632 196,058
742,253 897,148
CREDITORS
Amounts falling due within one year 7 816,785 372,748
NET CURRENT (LIABILITIES)/ASSETS (74,532 ) 524,400
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,943

600,480

CREDITORS
Amounts falling due after more than one
year

8

-

(23,450

)

PROVISIONS FOR LIABILITIES - (16,270 )
NET ASSETS 15,943 560,760

CAPITAL AND RESERVES
Called up share capital 9 11,000 11,000
Capital redemption reserve 500 500
Retained earnings 4,443 549,260
SHAREHOLDERS' FUNDS 15,943 560,760

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29th June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29th June 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.

A. M. SECURITY LIMITED (REGISTERED NUMBER: 03311839)

BALANCE SHEET - continued
29TH JUNE 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 Board of Directors and authorised for issue on 29th January 2024 and were signed on its behalf by:





S G Thomas - Director


A. M. SECURITY LIMITED (REGISTERED NUMBER: 03311839)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST APRIL 2023 TO 29TH JUNE 2023

1. STATUTORY INFORMATION

A. M. Security 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.

Significant judgements and estimates
No significant judgements have had to be made by the directors in preparing these financial statements.

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 purchased in 2002, 2009 and 2010 is being amortised over its estimated economic life of 10 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.
Short leasehold - 10% on cost
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

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.

A. M. SECURITY LIMITED (REGISTERED NUMBER: 03311839)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST APRIL 2023 TO 29TH JUNE 2023

2. ACCOUNTING POLICIES - continued

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.

Impairment of non-financial assets
At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

Stock is also assessed for impairment at each reporting date. The carrying amount of each item of stock, or group of similar items, is compared with its selling price less costs to complete and sell. If an item of stock or group of similar items is impaired, its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 31 (2023 - 31 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2023
and 29th June 2023 93,850
AMORTISATION
At 1st April 2023
and 29th June 2023 93,850
NET BOOK VALUE
At 29th June 2023 -
At 31st March 2023 -

A. M. SECURITY LIMITED (REGISTERED NUMBER: 03311839)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST APRIL 2023 TO 29TH JUNE 2023

5. TANGIBLE FIXED ASSETS
Short Plant and Motor
leasehold machinery vehicles Totals
£    £    £    £   
COST
At 1st April 2023 3,944 157,866 99,958 261,768
Additions - 791 115,914 116,705
Disposals (3,944 ) - - (3,944 )
At 29th June 2023 - 158,657 215,872 374,529
DEPRECIATION
At 1st April 2023 3,944 119,290 62,454 185,688
Charge for period - 39,367 62,943 102,310
Eliminated on disposal (3,944 ) - - (3,944 )
At 29th June 2023 - 158,657 125,397 284,054
NET BOOK VALUE
At 29th June 2023 - - 90,475 90,475
At 31st March 2023 - 38,576 37,504 76,080

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade debtors 470,923 530,211
Other debtors 33,698 40,879
504,621 571,090

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Bank loans and overdrafts - 9,750
Hire purchase contracts 86,442 -
Trade creditors 148,942 189,994
Taxation and social security 157,323 152,496
Other creditors 424,078 20,508
816,785 372,748

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2023
£    £   
Bank loans - 23,450

A. M. SECURITY LIMITED (REGISTERED NUMBER: 03311839)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST APRIL 2023 TO 29TH JUNE 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
9,000 Ordinary A £1 9,000 9,000
1,000 Ordinary B £1 1,000 1,000
500 Ordinary C £1 500 500
500 Ordinary D £1 500 500
11,000 11,000