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REGISTERED NUMBER: 08071487 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JULY 2023

FOR

VIPER WATCH SECURITY SOLUTIONS LIMITED

VIPER WATCH SECURITY SOLUTIONS LIMITED (REGISTERED NUMBER: 08071487)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JULY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VIPER WATCH SECURITY SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JULY 2023







DIRECTOR: S Pickup





REGISTERED OFFICE: Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY





REGISTERED NUMBER: 08071487 (England and Wales)





ACCOUNTANTS: Ainsworths Limited
Chartered Accountants
Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY

VIPER WATCH SECURITY SOLUTIONS LIMITED (REGISTERED NUMBER: 08071487)

BALANCE SHEET
30TH JULY 2023

30.7.23 30.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,806 44,837

CURRENT ASSETS
Debtors 5 369,380 271,175
Cash at bank 661,837 1,065,875
1,031,217 1,337,050
CREDITORS
Amounts falling due within one year 6 825,200 1,085,159
NET CURRENT ASSETS 206,017 251,891
TOTAL ASSETS LESS CURRENT
LIABILITIES

230,823

296,728

CREDITORS
Amounts falling due after more than one
year

7

(96,000

)

(144,000

)

PROVISIONS FOR LIABILITIES (133,825 ) (133,825 )
NET ASSETS 998 18,903

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 996 18,901
SHAREHOLDERS' FUNDS 998 18,903

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

VIPER WATCH SECURITY SOLUTIONS LIMITED (REGISTERED NUMBER: 08071487)

BALANCE SHEET - continued
30TH JULY 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 30th July 2024 and were signed by:





S Pickup - Director


VIPER WATCH SECURITY SOLUTIONS LIMITED (REGISTERED NUMBER: 08071487)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JULY 2023


1. STATUTORY INFORMATION

Viper Watch Security Solutions 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 represents net invoiced sales of services, excluding value added tax.

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.
Motor vehicles - 25% on cost
Computer equipment - Straight line over 3 years

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.

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.

VIPER WATCH SECURITY SOLUTIONS LIMITED (REGISTERED NUMBER: 08071487)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JULY 2023


2. ACCOUNTING POLICIES - continued

Intangible fixed assets
Website development costs are capitalised and amortised on a straight line basis over their estimated useful life of three years.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31st July 2022 89,675
Additions 3,583
At 30th July 2023 93,258
DEPRECIATION
At 31st July 2022 44,838
Charge for year 23,614
At 30th July 2023 68,452
NET BOOK VALUE
At 30th July 2023 24,806
At 30th July 2022 44,837

VIPER WATCH SECURITY SOLUTIONS LIMITED (REGISTERED NUMBER: 08071487)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JULY 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 31st July 2022 89,675
Transfer to ownership (89,675 )
At 30th July 2023 -
DEPRECIATION
At 31st July 2022 44,838
Charge for year 5,605
Transfer to ownership (50,443 )
At 30th July 2023 -
NET BOOK VALUE
At 30th July 2023 -
At 30th July 2022 44,837

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.7.23 30.7.22
£    £   
Trade debtors 302,742 270,967
Amounts owed by group undertakings 66,638 -
Other debtors - 208
369,380 271,175

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.7.23 30.7.22
£    £   
Bank loans and overdrafts 48,000 48,000
Hire purchase contracts - 4,107
Trade creditors 331,910 160,943
Amounts owed to group undertakings - 684
Taxation and social security 84,620 609,171
Other creditors 360,670 262,254
825,200 1,085,159

VIPER WATCH SECURITY SOLUTIONS LIMITED (REGISTERED NUMBER: 08071487)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JULY 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.7.23 30.7.22
£    £   
Bank loans 96,000 144,000

8. SECURED DEBTS

The following secured debts are included within creditors:

30.7.23 30.7.22
£    £   
Amounts owed to factor 226,722 203,821

The above liability is secured by a debenture over all assets of the company.