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REGISTERED NUMBER: 03440357 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023

FOR

WRIXON SECURITY SERVICES LIMITED

WRIXON SECURITY SERVICES LIMITED (REGISTERED NUMBER: 03440357)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WRIXON SECURITY SERVICES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023







DIRECTORS: Mrs J D Wrixon
Mrs C Baxter





SECRETARY: Mrs C Baxter





REGISTERED OFFICE: Parkview Nursery
Theobalds Park Road
Enfield
Middlesex
EN2 9BQ





REGISTERED NUMBER: 03440357 (England and Wales)





ACCOUNTANTS: Barker Wilkinson Limited
19-21 Middle Row
Stevenage
Hertfordshire
SG1 3AW

WRIXON SECURITY SERVICES LIMITED (REGISTERED NUMBER: 03440357)

BALANCE SHEET
30 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 172,542 69,964
Investments 5 100 100
172,642 70,064

CURRENT ASSETS
Debtors 6 1,767,791 930,779
Cash at bank 1,340,495 859,477
3,108,286 1,790,256
CREDITORS
Amounts falling due within one year 7 1,393,428 537,625
NET CURRENT ASSETS 1,714,858 1,252,631
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,887,500

1,322,695

CREDITORS
Amounts falling due after more than one
year

8

25,833

35,840
NET ASSETS 1,861,667 1,286,855

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,861,567 1,286,755
SHAREHOLDERS' FUNDS 1,861,667 1,286,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 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.

WRIXON SECURITY SERVICES LIMITED (REGISTERED NUMBER: 03440357)

BALANCE SHEET - continued
30 MARCH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2024 and were signed on its behalf by:





Mrs C Baxter - Director


WRIXON SECURITY SERVICES LIMITED (REGISTERED NUMBER: 03440357)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023

1. STATUTORY INFORMATION

Wrixon Security Services 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.

The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31st March 2023 have been prepared using the going concern basis of accounting.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from those estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

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

Income is recognised on the date support is given to individual's on behalf of the end user.

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% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

WRIXON SECURITY SERVICES LIMITED (REGISTERED NUMBER: 03440357)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023

2. ACCOUNTING POLICIES - continued

Financial instruments
The director considers all financial instruments to be basic financial instruments in accordance with paragraph 11 of FRS102.

Trade and other receivables and payables

Trade and other receivables and payables are measured at amortised cost which approximates to fair value given the short term nature of these assets and liabilities.

Cash and cash equivalents

Cash and cash equivalents comprise cash balances held for the purposes of meeting short-term cash commitments.

Interest Bearing Borrowings

Interest bearing borrowings are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, interest bearing borrowings are stated at amortised cost using the effective interest rate method, less any impairment losses.

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

Current 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.

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 75 (2022 - 64 ) .

WRIXON SECURITY SERVICES LIMITED (REGISTERED NUMBER: 03440357)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 310,704
Additions 146,886
At 30 March 2023 457,590
DEPRECIATION
At 1 April 2022 240,740
Charge for period 44,308
At 30 March 2023 285,048
NET BOOK VALUE
At 30 March 2023 172,542
At 31 March 2022 69,964

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2022
and 30 March 2023 100
NET BOOK VALUE
At 30 March 2023 100
At 31 March 2022 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 172,340 100,822
Amounts owed by group undertakings 433,822 435,726
Other debtors 1,161,629 394,231
1,767,791 930,779

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 40,976 40,486
Taxation and social security 795,699 283,357
Other creditors 546,753 203,782
1,393,428 537,625

WRIXON SECURITY SERVICES LIMITED (REGISTERED NUMBER: 03440357)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 25,833 35,840

9. OTHER FINANCIAL COMMITMENTS

The company had total guarantees and other financial commitments at the balance sheet date of £481,889 (2022 - £277,604 ) in relation to operating leases.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year under review the company made loan advances to the directors and other participators. These loans are repayable on demand and interest is charged on month end balances at the rate of 2.75% per annum.

The aggregate loan transactions during the year were:

20232022

Opening Balance-104,629
Bonus Advance164,000-
Loan Advance500,000-
Interest charged7201,261
Repayments(28,800)(105,890)

Closing Balance£635,920£-