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REGISTERED NUMBER: 06473378















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Design Security LTD

Design Security LTD (Registered number: 06473378)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Design Security LTD

Company Information
for the Year Ended 31 January 2024







DIRECTORS: C Aldous
Mrs J Aldous





SECRETARY: Mrs J Aldous





REGISTERED OFFICE: Po Box 157
St Johns Square
Abergavenny
Monmouthshire
NP7 5EB





REGISTERED NUMBER: 06473378





ACCOUNTANTS: Golden Valley Accountancy Limited
Unit 4
Westwood Industrial Estate
Pontrilas
Herefordshire
HR2 0EL

Design Security LTD (Registered number: 06473378)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 43,636 48,574

CURRENT ASSETS
Debtors 5 16,009 15,706
Cash at bank 97,892 54,845
113,901 70,551
CREDITORS
Amounts falling due within one year 6 17,766 9,757
NET CURRENT ASSETS 96,135 60,794
TOTAL ASSETS LESS CURRENT
LIABILITIES

139,771

109,368

CREDITORS
Amounts falling due after more than
one year

7

43,173

41,611
NET ASSETS 96,598 67,757

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 95,598 66,757
SHAREHOLDERS' FUNDS 96,598 67,757

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Design Security LTD (Registered number: 06473378)

Balance Sheet - continued
31 January 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2024 and were signed on its behalf by:





C Aldous - Director


Design Security LTD (Registered number: 06473378)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Design Security LTD is a private company, limited by shares , registered in Not specified/Other. 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

Design Security LTD (Registered number: 06473378)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 16,497 49,361 65,858
Additions - 1,846 1,846
At 31 January 2024 16,497 51,207 67,704
DEPRECIATION
At 1 February 2023 - 17,284 17,284
Charge for year - 6,784 6,784
At 31 January 2024 - 24,068 24,068
NET BOOK VALUE
At 31 January 2024 16,497 27,139 43,636
At 31 January 2023 16,497 32,077 48,574

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 6,963 5,460
Other debtors 9,046 10,246
16,009 15,706

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 32 4,045
Taxation and social security 16,334 4,312
Other creditors 1,400 1,400
17,766 9,757

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.24 31.1.23
£    £   
Other creditors 43,173 41,611