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Company Registration No. 07128682 (England and Wales)
Expedient Security Limited Unaudited accounts for the year ended 31 January 2024
Expedient Security Limited Unaudited accounts Contents
Page
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Expedient Security Limited Company Information for the year ended 31 January 2024
Directors
P Harris N J Harris
Company Number
07128682 (England and Wales)
Registered Office
Manor House Station Road Ardleigh CO7 7RT
Accountants
Richard Matthew Accountancy Ltd Milner Cowfold Road Coolham West Sussex RH13 8QJ
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Expedient Security Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
159,442 
109,257 
Investment property
298,803 
298,803 
458,245 
408,060 
Current assets
Debtors
442,961 
283,025 
Cash at bank and in hand
324,627 
406,008 
767,588 
689,033 
Creditors: amounts falling due within one year
(430,044)
(425,390)
Net current assets
337,544 
263,643 
Net assets
795,789 
671,703 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
795,787 
671,701 
Shareholders' funds
795,789 
671,703 
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 October 2024 and were signed on its behalf by
P Harris Director Company Registration No. 07128682
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Expedient Security Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Expedient Security Limited is a private company, limited by shares, registered in England and Wales, registration number 07128682. The registered office is Manor House, Station Road, Ardleigh, CO7 7RT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
30% reducing balance
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Expedient Security Limited Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
172,899 
54,769 
32,303 
259,971 
Additions
1,198 
100,431 
3,074 
104,703 
At 31 January 2024
174,097 
155,200 
35,377 
364,674 
Depreciation
At 1 February 2023
78,316 
49,361 
23,037 
150,714 
Charge for the year
23,945 
26,460 
4,113 
54,518 
At 31 January 2024
102,261 
75,821 
27,150 
205,232 
Net book value
At 31 January 2024
71,836 
79,379 
8,227 
159,442 
At 31 January 2023
94,583 
5,408 
9,266 
109,257 
5
Investment property
2024 
£ 
Fair value at 1 February 2023
298,803 
At 31 January 2024
298,803 
The investment property is included on the balance sheet at purchase price in January 2019 together with associated fees. Depreciation is not provided on the investment property as would have usually been expected. The directors consider that the property is held for investment purposes and that annual depreciation would be inappropriate for the accounts to show a true and fair view.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
442,961 
283,025 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
125,005 
141,165 
Trade creditors
91,144 
107,252 
Taxes and social security
54,604 
45,124 
Loans from directors
11,108 
5,008 
Accruals
148,183 
126,841 
430,044 
425,390 
8
Average number of employees
During the year the average number of employees was 117 (2023: 102).
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