IRIS Accounts Production v24.1.0.576 05973940 director 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh059739402022-10-31059739402023-10-31059739402022-11-012023-10-31059739402021-10-31059739402021-11-012022-10-31059739402022-10-3105973940ns15:EnglandWales2022-11-012023-10-3105973940ns14:PoundSterling2022-11-012023-10-3105973940ns10:Director12022-11-012023-10-3105973940ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3105973940ns10:SmallEntities2022-11-012023-10-3105973940ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3105973940ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3105973940ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3105973940ns10:FullAccounts2022-11-012023-10-3105973940ns10:RegisteredOffice2022-11-012023-10-3105973940ns5:CurrentFinancialInstruments2023-10-3105973940ns5:CurrentFinancialInstruments2022-10-3105973940ns5:Non-currentFinancialInstruments2023-10-3105973940ns5:Non-currentFinancialInstruments2022-10-3105973940ns5:ShareCapital2023-10-3105973940ns5:ShareCapital2022-10-3105973940ns5:RetainedEarningsAccumulatedLosses2023-10-3105973940ns5:RetainedEarningsAccumulatedLosses2022-10-3105973940ns5:PlantMachinery2022-11-012023-10-3105973940ns5:MotorVehicles2022-11-012023-10-3105973940ns5:PlantMachinery2022-10-3105973940ns5:MotorVehicles2022-10-3105973940ns5:PlantMachinery2023-10-3105973940ns5:MotorVehicles2023-10-3105973940ns5:PlantMachinery2022-10-3105973940ns5:MotorVehicles2022-10-3105973940ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-10-3105973940ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-11-012023-10-3105973940ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-10-3105973940ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-10-3105973940ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-10-3105973940ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-10-31
REGISTERED NUMBER: 05973940 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

ROUND THE CLOCK SECURITY LIMITED

ROUND THE CLOCK SECURITY LIMITED (REGISTERED NUMBER: 05973940)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROUND THE CLOCK SECURITY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: Mrs S J Downing





REGISTERED OFFICE: 8 Tresawls Road
Truro
Cornwall
TR1 3LE





REGISTERED NUMBER: 05973940 (England and Wales)





ACCOUNTANTS: Whitakers
Chartered Accountants
Bryndon House
5/7 Berry Road
Newquay
Cornwall
TR7 1AD

ROUND THE CLOCK SECURITY LIMITED (REGISTERED NUMBER: 05973940)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,030 6,706

CURRENT ASSETS
Debtors 5 11,266 17,998
Cash at bank 3,024 2
14,290 18,000
CREDITORS
Amounts falling due within one year 6 74,157 68,822
NET CURRENT LIABILITIES (59,867 ) (50,822 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(54,837

)

(44,116

)

CREDITORS
Amounts falling due after more than one
year

7

7,063

13,165
NET LIABILITIES (61,900 ) (57,281 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (61,901 ) (57,282 )
(61,900 ) (57,281 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

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 her 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.

ROUND THE CLOCK SECURITY LIMITED (REGISTERED NUMBER: 05973940)

BALANCE SHEET - continued
31 OCTOBER 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 director and authorised for issue on 26 July 2024 and were signed by:





Mrs S J Downing - Director


ROUND THE CLOCK SECURITY LIMITED (REGISTERED NUMBER: 05973940)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Round The Clock 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

ROUND THE CLOCK SECURITY LIMITED (REGISTERED NUMBER: 05973940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 10,084 39,920 50,004
DEPRECIATION
At 1 November 2022 9,171 34,127 43,298
Charge for year 228 1,448 1,676
At 31 October 2023 9,399 35,575 44,974
NET BOOK VALUE
At 31 October 2023 685 4,345 5,030
At 31 October 2022 913 5,793 6,706

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 November 2022
and 31 October 2023 10,299
DEPRECIATION
At 1 November 2022 2,575
Charge for year 1,448
At 31 October 2023 4,023
NET BOOK VALUE
At 31 October 2023 6,276
At 31 October 2022 7,724

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 11,266 17,998

ROUND THE CLOCK SECURITY LIMITED (REGISTERED NUMBER: 05973940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 13,507 13,613
Hire purchase contracts 2,311 2,074
Trade creditors 4,581 2,885
Social security and other taxes 8,274 7,798
Other creditors 122 147
Directors' current accounts 43,992 40,935
Accrued expenses 1,370 1,370
74,157 68,822

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans - 2-5 years 6,285 9,820
Hire purchase contracts 778 3,345
7,063 13,165