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Company Registration No. 13406889 (England and Wales)
N5 SECURITY LTD Unaudited accounts for the year ended 31 May 2024
N5 SECURITY LTD Unaudited accounts Contents
Page
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N5 SECURITY LTD Company Information for the year ended 31 May 2024
Directors
Dania Nadeem Nadeem Abbas
Company Number
13406889 (England and Wales)
Registered Office
6th Floor 10 Western Road Romford RM1 3JT ENGLAND
Accountants
U Value Accountants Ltd 46-50 Station Road 2nd Floor - Unit 4 Hayes UB3 4DD
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N5 SECURITY LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
49,002 
59,643 
Current assets
Debtors
357,278 
527,483 
Cash at bank and in hand
257,390 
244,279 
614,668 
771,762 
Creditors: amounts falling due within one year
(476,771)
(686,958)
Net current assets
137,897 
84,804 
Net assets
186,899 
144,447 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
186,799 
144,347 
Shareholders' funds
186,899 
144,447 
For the year ending 31 May 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 17 October 2024 and were signed on its behalf by
Dania Nadeem Director Company Registration No. 13406889
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N5 SECURITY LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
N5 SECURITY LTD is a private company, limited by shares, registered in England and Wales, registration number 13406889. The registered office is 6th Floor, 10 Western Road, Romford, RM1 3JT, ENGLAND.
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:
Motor vehicles
20%
Computer equipment
20%
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
79,719 
7,374 
87,093 
Additions
- 
1,608 
1,608 
At 31 May 2024
79,719 
8,982 
88,701 
Depreciation
At 1 June 2023
24,955 
2,495 
27,450 
Charge for the year
10,952 
1,297 
12,249 
At 31 May 2024
35,907 
3,792 
39,699 
Net book value
At 31 May 2024
43,812 
5,190 
49,002 
At 31 May 2023
54,764 
4,879 
59,643 
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N5 SECURITY LTD Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
322,278 
492,483 
Other debtors
35,000 
35,000 
357,278 
527,483 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
80,215 
291,910 
Taxes and social security
160,067 
160,659 
Other creditors
164,955 
169,088 
Loans from directors
71,534 
65,301 
476,771 
686,958 
7
Average number of employees
During the year the average number of employees was 149 (2023: 217).
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