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REGISTERED NUMBER: 03096230 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Access & Security Systems Limited

Access & Security Systems Limited (Registered number: 03096230)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Access & Security Systems Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: P H Oakley
Mrs V F Oakley





REGISTERED OFFICE: Unit 7 Bacchus House
Calleva Park
Aldermaston
Berkshire
RG7 8EN





REGISTERED NUMBER: 03096230 (England and Wales)





ACCOUNTANTS: EDMONDS ACCOUNTANCY LIMITED
Unit 11, Diddenham Bus Park,
Diddenham Court
Grazeley,
READING
Berkshire
RG7 1JQ

Access & Security Systems Limited (Registered number: 03096230)

Statement of Financial Position
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 157,201 139,276

CURRENT ASSETS
Stocks 13,095 7,685
Debtors 5 268,745 238,446
Cash at bank 232,735 230,254
514,575 476,385
CREDITORS
Amounts falling due within one year 6 182,350 154,409
NET CURRENT ASSETS 332,225 321,976
TOTAL ASSETS LESS CURRENT
LIABILITIES

489,426

461,252

PROVISIONS FOR LIABILITIES 1,497 1,881
NET ASSETS 487,929 459,371

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 487,927 459,369
SHAREHOLDERS' FUNDS 487,929 459,371

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

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

Access & Security Systems Limited (Registered number: 03096230)

Statement of Financial Position - continued
30 September 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 28 March 2024 and were signed on its behalf by:





P H Oakley - Director


Access & Security Systems Limited (Registered number: 03096230)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Access & 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.

Revenue is recognised for the provision of services as the contractual activity progresses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on cost

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

Taxation
Taxation for the year comprises current and deferred 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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

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 year was 9 (2022 - 10 ) .

Access & Security Systems Limited (Registered number: 03096230)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2022 212,349 75,427 287,776
Additions - 33,221 33,221
At 30 September 2023 212,349 108,648 320,997
DEPRECIATION
At 1 October 2022 84,047 64,453 148,500
Charge for year 4,247 11,049 15,296
At 30 September 2023 88,294 75,502 163,796
NET BOOK VALUE
At 30 September 2023 124,055 33,146 157,201
At 30 September 2022 128,302 10,974 139,276

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 64,530 38,917
Amounts owed by group undertakings 181,129 180,831
Other debtors 23,086 18,698
268,745 238,446

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 122,931 106,117
Taxation and social security 48,630 45,980
Other creditors 10,789 2,312
182,350 154,409