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REGISTERED NUMBER: 14804999 (England and Wales)














Unaudited Financial Statements

for the Period 15 April 2023 to 30 April 2024

for

KINGS SECURITY GROUP LTD

KINGS SECURITY GROUP LTD (REGISTERED NUMBER: 14804999)

Contents of the Financial Statements
for the period 15 April 2023 to 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KINGS SECURITY GROUP LTD

Company Information
for the period 15 April 2023 to 30 April 2024







Directors: Mr C H King
Mrs L D A King





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 14804999 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

KINGS SECURITY GROUP LTD (REGISTERED NUMBER: 14804999)

Balance Sheet
30 April 2024

Notes £    £   
Fixed assets
Tangible assets 4 30,697

Current assets
Stocks 10,000
Debtors 5 36,690
Cash at bank 9,136
55,826
Creditors
Amounts falling due within one year 6 75,148
Net current liabilities (19,322 )
Total assets less current liabilities 11,375

Creditors
Amounts falling due after more than one
year

7

10,469
Net assets 906

Capital and reserves
Called up share capital 8 100
Retained earnings 806
Shareholders' funds 906

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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.

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 Profit and Loss Account 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:





Mr C H King - Director


KINGS SECURITY GROUP LTD (REGISTERED NUMBER: 14804999)

Notes to the Financial Statements
for the period 15 April 2023 to 30 April 2024


1. Statutory information

Kings Security Group Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


KINGS SECURITY GROUP LTD (REGISTERED NUMBER: 14804999)

Notes to the Financial Statements - continued
for the period 15 April 2023 to 30 April 2024


2. Accounting policies - continued
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 period 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.

3. Employees and directors

The average number of employees during the period was 2 .

4. Tangible fixed assets
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost
Additions 1,116 3,961 30,000 4,676 39,753
At 30 April 2024 1,116 3,961 30,000 4,676 39,753
Depreciation
Charge for period 256 908 6,875 1,017 9,056
At 30 April 2024 256 908 6,875 1,017 9,056
Net book value
At 30 April 2024 860 3,053 23,125 3,659 30,697

5. Debtors: amounts falling due within one year
£   
Trade debtors 32,595
Other debtors 4,095
36,690

6. Creditors: amounts falling due within one year
£   
Bank loans and overdrafts 5,462
Trade creditors 36,723
Taxation and social security 12,151
Other creditors 20,812
75,148

7. Creditors: amounts falling due after more than one year
£   
Bank loans 10,469

KINGS SECURITY GROUP LTD (REGISTERED NUMBER: 14804999)

Notes to the Financial Statements - continued
for the period 15 April 2023 to 30 April 2024


8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
50 Ordinary A 1 50
50 Ordinary B 1 50
100

9. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the period ended 30 April 2024:

£   
Mr C H King
Balance outstanding at start of period -
Amounts advanced 123,234
Amounts repaid (137,845 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (14,611 )