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
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
N5 SECURITY LTD
Statement of financial position
as at 31 May 2024
Tangible assets
49,002
59,643
Cash at bank and in hand
257,390
244,279
Creditors: amounts falling due within one year
(476,771)
(686,958)
Net current assets
137,897
84,804
Net assets
186,899
144,447
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
N5 SECURITY LTD
Notes to the Accounts
for the year ended 31 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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
At 31 May 2024
79,719
8,982
88,701
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
At 31 May 2024
43,812
5,190
49,002
At 31 May 2023
54,764
4,879
59,643
N5 SECURITY LTD
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
322,278
492,483
Other debtors
35,000
35,000
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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
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Average number of employees
During the year the average number of employees was 149 (2023: 217).