2022-11-01 07809904 2023-10-31 07809904 2022-11-01 2023-10-31 07809904 2022-10-31 07809904 2021-11-01 2022-10-31 07809904 uk-core:WithinOneYear 2022-10-31 07809904 uk-core:WithinOneYear 2023-10-31 07809904 uk-core:AfterOneYear 2022-10-31 07809904 uk-core:AfterOneYear 2023-10-31 07809904 uk-core:ShareCapital 2023-10-31 07809904 uk-core:ShareCapital 2022-10-31 07809904 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 07809904 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 07809904 uk-bus:Director1 2022-11-01 2023-10-31 07809904 uk-core:OfficeEquipment 2022-11-01 2023-10-31 07809904 uk-core:Vehicles 2022-11-01 2023-10-31 07809904 uk-core:OfficeEquipment 2022-10-31 07809904 uk-core:Vehicles 2022-10-31 07809904 uk-core:Vehicles 2023-10-31 07809904 uk-core:OfficeEquipment 2023-10-31 07809904 uk-core:WithinOneYear 2023-10-31 07809904 uk-core:WithinOneYear 2022-10-31 07809904 uk-core:AfterOneYear uk-core:Secured 2023-10-31 07809904 uk-core:AfterOneYear uk-core:Secured 2022-10-31 iso4217:GBP xbrli:pure 07809904 uk-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 07809904 uk-bus:FRS102 2022-11-01 2023-10-31 07809904 uk-bus:FilletedAccounts 2022-11-01 2023-10-31 07809904 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31
NATIONWIDE SECURITY SERVICES MIDLANDS LTD
Registered Number:07809904
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
07809904
As at 31 October 2023
NATIONWIDE SECURITY SERVICES MIDLANDS LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
14,297
17,635
2
14,297
17,635
Current assets
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
Capital and reserves
Called up share capital
1
1
Retained earnings
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.
Feron Minsaria Director
These financial statements were approved and authorised for issue by the Board on 18 April 2024 and were signed by:
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Registered Number :
07809904
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.
Registered address:
34 Rock Grove
Solihull
West Midlands
B92 7LH
The presentation currency is £ sterling.
1. Accounting policies
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:
15% Reducing balance
Computer equipment
25% Reducing balance
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
Total
Computer
equipment
Motor vehicles
£
£
£
Cost or
valuation
At 01 November 2022
24,886
2,886
22,000
20,472
-
20,472
Additions
-
(22,000)
Disposals
(22,000)
At 31 October 2023
20,472
2,886
23,358
Provision for depreciation and impairment
At 01 November 2022
7,251
1,341
5,910
Charge for year
4,560
232
4,328
(2,750)
-
(2,750)
On disposal
At 31 October 2023
9,061
1,573
7,488
At 31 October 2023
Net book value
12,984
1,313
14,297
At 31 October 2022
16,090
1,545
17,635
3. Trade and other receivables
2022
2023
£
£
Trade debtors
10,770
20,063
Amounts owed by directors
-
1,262
Other debtors
115,000
43,000
64,325
125,770
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
5,218
10,648
Trade creditors
25,152
39,313
Taxation and social security
36,347
63,337
Accruals and deferred income
1,355
1,355
Directors' loan accounts
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
£
£
Bank loans and overdraft
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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