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Company No: 03682048 (England and Wales)

EDGBASTON ESTATES SECURITY LIMITED

Annual Report and Unaudited Financial Statements
For the financial year ended 05 April 2024

EDGBASTON ESTATES SECURITY LIMITED

Annual Report and Unaudited Financial Statements

For the financial year ended 05 April 2024

Contents

EDGBASTON ESTATES SECURITY LIMITED

COMPANY INFORMATION

For the financial year ended 05 April 2024
EDGBASTON ESTATES SECURITY LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 05 April 2024
DIRECTORS G A Allison
P J Clark (Appointed 21 September 2023)
H J Cooper
P M Hay-Plumb OBE
A J Parker (Resigned 31 July 2023)
D I Wooldridge
SECRETARY D I Wooldridge
REGISTERED OFFICE 76 Hagley Road
Edgbaston
Birmingham
B16 8LU
United Kingdom
COMPANY NUMBER 03682048 (England and Wales)
CHARTERED ACCOUNTANTS Dixon Wilson
22 Chancery Lane
London
WC2A 1LS
BANKERS Lloyds Bank Plc
X+why Foundry
6 Brindley Place
Birmingham
B1 2JB
United Kingdom
EDGBASTON ESTATES SECURITY LIMITED

DIRECTORS' REPORT

For the financial year ended 05 April 2024
EDGBASTON ESTATES SECURITY LIMITED

DIRECTORS' REPORT (continued)

For the financial year ended 05 April 2024

The directors present their annual report and the unaudited financial statements of the Company for the financial year ended 05 April 2024.

DIRECTORS

The directors, who served during the financial year and to the date of this report except as noted, were as follows:

G A Allison
P J Clark (Appointed 21 September 2023)
H J Cooper
P M Hay-Plumb OBE
A J Parker (Resigned 31 July 2023)
D I Wooldridge

This Directors' Report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption provided by section 415A of the Companies Act 2006.



Approved by the Board of Directors and signed on its behalf by:

D I Wooldridge
Director
76 Hagley Road
Edgbaston
Birmingham
B16 8LU
United Kingdom

07 August 2024

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF EDGBASTON ESTATES SECURITY LIMITED

For the financial year ended 05 April 2024

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF EDGBASTON ESTATES SECURITY LIMITED (continued)

For the financial year ended 05 April 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Edgbaston Estates Security Limited for the financial year ended 05 April 2024 which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes 1 to 7 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

It is your duty to ensure that Edgbaston Estates Security Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Edgbaston Estates Security Limited. You consider that Edgbaston Estates Security Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Edgbaston Estates Security Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Board of Directors of Edgbaston Estates Security Limited, as a body, in accordance with the terms of our engagement letter dated 8 November 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Edgbaston Estates Security Limited and state those matters that we have agreed to state to the Board of Directors of Edgbaston Estates Security Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Edgbaston Estates Security Limited and its Board of Directors as a body for our work or for this report.

Dixon Wilson
Chartered Accountants

22 Chancery Lane
London
WC2A 1LS

07 August 2024

EDGBASTON ESTATES SECURITY LIMITED

PROFIT AND LOSS ACCOUNT

For the financial year ended 05 April 2024
EDGBASTON ESTATES SECURITY LIMITED

PROFIT AND LOSS ACCOUNT (continued)

For the financial year ended 05 April 2024
Note 2024 2023
£ £
Turnover 275,328 253,944
Cost of sales ( 246,096) ( 186,866)
Gross profit 29,232 67,078
Administrative expenses ( 19,761) 1,616
Operating profit 9,471 68,694
Interest receivable and similar income 2,528 181
Profit before taxation 3 11,999 68,875
Tax on profit ( 2,999) ( 17,219)
Profit for the financial year 9,000 51,656
EDGBASTON ESTATES SECURITY LIMITED

BALANCE SHEET

As at 05 April 2024
EDGBASTON ESTATES SECURITY LIMITED

BALANCE SHEET (continued)

As at 05 April 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 4 13,635 17,046
13,635 17,046
Current assets
Debtors 5 44,014 173,911
Cash at bank and in hand 394,089 123,951
438,103 297,862
Creditors: amounts falling due within one year 6 ( 239,650) ( 111,820)
Net current assets 198,453 186,042
Total assets less current liabilities 212,088 203,088
Net assets 212,088 203,088
Capital and reserves
Called-up share capital 2 2
Profit and loss account 212,086 203,086
Total shareholders' funds 212,088 203,088

For the financial year ending 05 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Edgbaston Estates Security Limited (registered number: 03682048) were approved and authorised for issue by the Board of Directors on 07 August 2024. They were signed on its behalf by:

D I Wooldridge
Director
EDGBASTON ESTATES SECURITY LIMITED

STATEMENT OF CHANGES IN EQUITY

For the financial year ended 05 April 2024
EDGBASTON ESTATES SECURITY LIMITED

STATEMENT OF CHANGES IN EQUITY (continued)

For the financial year ended 05 April 2024
Called-up share capital Profit and loss account Total
£ £ £
At 06 April 2022 2 151,430 151,432
Profit for the financial year 0 51,656 51,656
Total comprehensive income 0 51,656 51,656
At 05 April 2023 2 203,086 203,088
At 06 April 2023 2 203,086 203,088
Profit for the financial year 0 9,000 9,000
Total comprehensive income 0 9,000 9,000
At 05 April 2024 2 212,086 212,088
EDGBASTON ESTATES SECURITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 05 April 2024
EDGBASTON ESTATES SECURITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 05 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Edgbaston Estates Security Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 76 Hagley Road, Edgbaston, Birmingham, B16 8LU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the value of security monitoring services charged to tenants and landlords in the area supplied by the company, exclusive of VAT. Income is recognised in the period in which services are provided.

Taxation

Current tax
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax
Provision is made for deferred tax liabilities in respect of all timing differences arising from the different treatment of items for accounting and taxation purposes without discounting.

Deferred tax assets in respect of such timing differences are recognised to the extent that they are regarded as being, more likely than not, recoverable in the short to medium term, and are not discounted.

Tangible fixed assets

Tangible assets are stated at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Plant and machinery etc. 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 22 20

3. Profit before taxation

Profit before taxation is stated after charging/(crediting):

2024 2023
£ £
Depreciation expense 3,411 4,261

4. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 06 April 2023 124,513 124,513
At 05 April 2024 124,513 124,513
Accumulated depreciation
At 06 April 2023 107,467 107,467
Charge for the financial year 3,411 3,411
At 05 April 2024 110,878 110,878
Net book value
At 05 April 2024 13,635 13,635
At 05 April 2023 17,046 17,046

5. Debtors

2024 2023
£ £
Trade debtors 0 2,139
Deferred tax asset 36,480 39,479
Other taxation and social security 0 6,091
Other debtors 7,534 126,202
44,014 173,911

6. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 12,567 6,283
Accruals and deferred income 182,547 21,016
Other taxation and social security 42,216 0
Other creditors 2,320 84,521
239,650 111,820

7. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

2024 2023
£ £
within one year 46,021 28,775
between one and five years 98,871 31,152
144,892 59,927

The amount of non-cancellable operating lease payments recognised as an expense during the year was £28,775 (2023 - £44,777).