NATIONWIDE SECURITY SERVICES MIDLANDS LTD |
Registered Number:07809904 |
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
NATIONWIDE SECURITY SERVICES MIDLANDS LTD
Statement of Financial Position
2022
2023
Property, plant and equipment |
14,297
17,635
2
14,297
17,635
Trade and other receivables |
64,325
125,770
3
267,595
Cash and cash equivalents |
147,542
273,312
331,920
Trade and other payables: amounts falling due within one |
year |
(114,653)
(68,298)
4
217,267
205,014
Net current assets
Total assets less current liabilities |
219,311
234,902
Trade and other payables: amounts falling due after more |
than one year |
(26,689)
(26,878)
5
(848)
(1,189)
Provisions for liabilities |
191,585
Net assets
207,024
1
1
191,584
207,023
191,585
207,024
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 18 April 2024 and were signed by: |
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For the year ended 31 October 2023
NATIONWIDE SECURITY SERVICES MIDLANDS LTD
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 31 October 2023
NATIONWIDE SECURITY SERVICES MIDLANDS LTD
Notes to the Financial Statements
Statutory Information
NATIONWIDE SECURITY SERVICES MIDLANDS LTD is a private limited company, limited by shares, domiciled in |
England and Wales, registration number 07809904. |
34 Rock Grove
Solihull
West Midlands
B92 7LH
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation . Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Motor vehicles
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. |
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 October 2023
NATIONWIDE SECURITY SERVICES MIDLANDS LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
24,886
2,886
22,000
20,472
-
20,472
-
(22,000)
(22,000)
20,472
2,886
23,358
Provision for depreciation and impairment |
7,251
1,341
5,910
Charge for year
4,560
232
4,328
(2,750)
-
(2,750)
9,061
1,573
7,488
12,984
1,313
14,297
16,090
1,545
17,635
3. Trade and other receivables |
2022
2023
10,770
20,063
Amounts owed by directors |
-
1,262
115,000
43,000
64,325
125,770
4. Trade and other payables: amounts falling due within one year |
2022
2023
5,218
10,648
25,152
39,313
Taxation and social security |
36,347
63,337
Accruals and deferred income |
1,355
1,355
226
-
68,298
114,653
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For the year ended 31 October 2023
NATIONWIDE SECURITY SERVICES MIDLANDS LTD
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
26,878
26,689
6. Related party transactions |
The ultimate controlling party during the year was Feron Minsaria , director , whom controls the company by virtue |
of owning 100% of the share capital. |
7. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 3)
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