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REGISTERED NUMBER: 06823982 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

CYS SECURITY LTD

CYS SECURITY LTD (REGISTERED NUMBER: 06823982)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CYS SECURITY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: P Shrosbree
Miss C Y Shrosbree





SECRETARY: Miss C Y Shrosbree





REGISTERED OFFICE: Unit 8 141 New Bedford Road
Luton
Bedfordshire
LU3 1LF





REGISTERED NUMBER: 06823982 (England and Wales)





ACCOUNTANTS: Baker Noel
Cheribourne House
45A Station Road
Willington
Bedford
Bedfordshire
MK44 3QL

CYS SECURITY LTD (REGISTERED NUMBER: 06823982)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 64,768 21,957

CURRENT ASSETS
Debtors 5 246,297 211,022
Cash at bank 120,759 103,850
367,056 314,872
CREDITORS
Amounts falling due within one year 6 238,846 188,787
NET CURRENT ASSETS 128,210 126,085
TOTAL ASSETS LESS CURRENT
LIABILITIES

192,978

148,042

CREDITORS
Amounts falling due after more than one
year

7

(21,503

)

-

PROVISIONS FOR LIABILITIES (10,420 ) -
NET ASSETS 161,055 148,042

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 160,955 147,942
161,055 148,042

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

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

CYS SECURITY LTD (REGISTERED NUMBER: 06823982)

BALANCE SHEET - continued
31 MARCH 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2024 and were signed on its behalf by:





Miss C Y Shrosbree - Director


CYS SECURITY LTD (REGISTERED NUMBER: 06823982)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Cys Security 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.

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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 41 (2023 - 35 ) .

CYS SECURITY LTD (REGISTERED NUMBER: 06823982)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2023 11,242 59,036 70,278
Additions 4,658 63,169 67,827
Disposals - (48,041 ) (48,041 )
At 31 March 2024 15,900 74,164 90,064
DEPRECIATION
At 1 April 2023 6,904 41,417 48,321
Charge for year 1,799 16,158 17,957
Eliminated on disposal - (40,982 ) (40,982 )
At 31 March 2024 8,703 16,593 25,296
NET BOOK VALUE
At 31 March 2024 7,197 57,571 64,768
At 31 March 2023 4,338 17,619 21,957

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 246,297 211,022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 10,343 7,996
Trade creditors 93,824 97,579
Taxation and social security 125,797 52,409
Other creditors 8,882 30,803
238,846 188,787

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 21,503 -