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REGISTERED NUMBER: SC684659 (Scotland)















Abridged Unaudited Financial Statements for the Year Ended 31 December 2023

for

Saab Fire & Security Solutions Ltd

Saab Fire & Security Solutions Ltd (Registered number: SC684659)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Saab Fire & Security Solutions Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: S A A Bello





SECRETARY: Wymet Secretarial Services Limited





REGISTERED OFFICE: 221 Trossachs Road
Rutherglen
Glasgow
Strathclyde
G73 5PE





REGISTERED NUMBER: SC684659 (Scotland)





ACCOUNTANTS: McCallum & Co LLP
Beaconsfield
Beacon Edge
PENRITH
Cumbria
CA11 7SF

Saab Fire & Security Solutions Ltd (Registered number: SC684659)

Abridged Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,725 3,988

CURRENT ASSETS
Debtors 5 14,006 18,133
Cash at bank and in hand 506 10,005
14,512 28,138
CREDITORS
Amounts falling due within one year 26,412 16,806
NET CURRENT (LIABILITIES)/ASSETS (11,900 ) 11,332
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,175

)

15,320

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (6,176 ) 15,319
SHAREHOLDERS' FUNDS (6,175 ) 15,320

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Saab Fire & Security Solutions Ltd (Registered number: SC684659)

Abridged Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 August 2024 and were signed by:





S A A Bello - Director


Saab Fire & Security Solutions Ltd (Registered number: SC684659)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Saab Fire & Security Solutions Ltd is a private company, limited by shares , registered in Scotland. 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.
Plant and machinery etc - 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.

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.

Saab Fire & Security Solutions Ltd (Registered number: SC684659)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Going concern
The financial statements have been prepared on a gong concern basis.The Company is being supported by loans from its Director, who has given their assurance that the earliest date at which repayment of these loans would be sought is July 2025. The position thereafter will be kept under review.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 6,888
Additions 4,146
At 31 December 2023 11,034
DEPRECIATION
At 1 January 2023 2,900
Charge for year 2,409
At 31 December 2023 5,309
NET BOOK VALUE
At 31 December 2023 5,725
At 31 December 2022 3,988

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 9,450 7,450

6. ULTIMATE CONTROLLING PARTY

The controlling party is S A A Bello.

Saab Fire & Security Solutions Ltd

Report of the Accountants to the Director of
Saab Fire & Security Solutions Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages two to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






McCallum & Co LLP
Beaconsfield
Beacon Edge
PENRITH
Cumbria
CA11 7SF


28 August 2024