Acorah Software Products - Accounts Production 15.0.600 false true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 11566996 S Oduwole S Oduwole iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11566996 2022-09-30 11566996 2023-09-30 11566996 2022-10-01 2023-09-30 11566996 frs-core:CurrentFinancialInstruments 2023-09-30 11566996 frs-core:PlantMachinery 2023-09-30 11566996 frs-core:PlantMachinery 2022-10-01 2023-09-30 11566996 frs-core:PlantMachinery 2022-09-30 11566996 frs-core:ShareCapital 2023-09-30 11566996 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 11566996 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 11566996 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 11566996 frs-bus:SmallEntities 2022-10-01 2023-09-30 11566996 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 11566996 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 11566996 frs-bus:Director1 2022-10-01 2023-09-30 11566996 frs-bus:CompanySecretary1 2022-10-01 2023-09-30 11566996 frs-countries:EnglandWales 2022-10-01 2023-09-30 11566996 2021-09-30 11566996 2022-09-30 11566996 2021-10-01 2022-09-30 11566996 frs-core:CurrentFinancialInstruments 2022-09-30 11566996 frs-core:ShareCapital 2022-09-30 11566996 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 11566996
ASB Security Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2023
M.R Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11566996
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,596 3,166
2,596 3,166
CURRENT ASSETS
Cash at bank and in hand 2,262 1,004
2,262 1,004
Creditors: Amounts Falling Due Within One Year 5 (10,861 ) (2,505 )
NET CURRENT ASSETS (LIABILITIES) (8,599 ) (1,501 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,003 ) 1,665
NET (LIABILITIES)/ASSETS (6,003 ) 1,665
CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Profit and Loss Account (7,003 ) 665
SHAREHOLDERS' FUNDS (6,003) 1,665
Page 1
Page 2
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
S Oduwole
Director
13/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ASB Security Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11566996 . The registered office is 1 ASB Security Ltd, New Plaistow Road, London, E15 3JB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery - 18% reducing balance method -
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 October 2022 5,435
As at 30 September 2023 5,435
Depreciation
As at 1 October 2022 2,269
Provided during the period 570
As at 30 September 2023 2,839
Net Book Value
As at 30 September 2023 2,596
As at 1 October 2022 3,166
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Page 4
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 1,000
Other creditors 9,356 -
Taxation and social security 1,505 1,505
10,861 2,505
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4