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Company Registration No. 13360780 (England and Wales)
AYAM SECURITY LIMITED Unaudited accounts for the year ended 30 April 2024
AYAM SECURITY LIMITED Unaudited accounts Contents
Page
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AYAM SECURITY LIMITED Company Information for the year ended 30 April 2024
Directors
Fawad Jadoon Waqar Zahid
Company Number
13360780 (England and Wales)
Registered Office
Office Suite F8 Redlands Business Centre 3-5 Tapton House Road Sheffield South Yorkshire S10 5BY England
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AYAM SECURITY LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
30,202 
22,390 
Current assets
Debtors
221,595 
94,919 
Cash at bank and in hand
36,588 
9,464 
258,183 
104,383 
Creditors: amounts falling due within one year
(215,545)
(90,073)
Net current assets
42,638 
14,310 
Net assets
72,840 
36,700 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
72,740 
36,600 
Shareholders' funds
72,840 
36,700 
For the year ending 30 April 2024 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2024 and were signed on its behalf by
Fawad Jadoon Director Company Registration No. 13360780
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AYAM SECURITY LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
AYAM SECURITY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13360780. The registered office is Office Suite F8, Redlands Business Centre, 3-5 Tapton House Road, Sheffield, South Yorkshire, S10 5BY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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AYAM SECURITY LIMITED Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
15,803 
7,534 
- 
23,337 
Additions
9,399 
3,832 
2,131 
15,362 
At 30 April 2024
25,202 
11,366 
2,131 
38,699 
Depreciation
At 1 May 2023
293 
654 
- 
947 
Charge for the year
4,982 
2,142 
426 
7,550 
At 30 April 2024
5,275 
2,796 
426 
8,497 
Net book value
At 30 April 2024
19,927 
8,570 
1,705 
30,202 
At 30 April 2023
15,510 
6,880 
- 
22,390 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
220,695 
94,919 
Accrued income and prepayments
900 
- 
221,595 
94,919 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
54,315 
33,011 
Trade creditors
34,046 
2,215 
Taxes and social security
11,172 
5,968 
Other creditors
111,989 
48,769 
Loans from directors
4,023 
110 
215,545 
90,073 
7
Average number of employees
During the year the average number of employees was 12 (2023: 8).
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