1 February 2023 false No description of principal activity Taxfiler 2024.5 05262335business:PrivateLimitedCompanyLtd2023-02-012024-01-31 052623352023-01-31 052623352023-02-012024-01-31 05262335business:AuditExemptWithAccountantsReport2023-02-012024-01-31 05262335business:FilletedAccounts2023-02-012024-01-31 052623352024-01-31 052623352023-01-31 05262335core:WithinOneYear2024-01-31 05262335core:WithinOneYear2023-01-31 05262335core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 05262335core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 05262335core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 05262335core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 05262335core:PreviouslyStatedAmount2024-01-31 05262335core:PreviouslyStatedAmount2023-01-31 05262335business:SmallEntities2023-02-012024-01-31 05262335business:Director12023-02-012024-01-31 05262335countries:EnglandWales2023-02-012024-01-31 05262335business:RegisteredOffice2023-02-012024-01-31 05262335core:PlantMachinery2023-02-012024-01-31 05262335core:MotorVehicles2023-02-012024-01-31 05262335core:PlantMachinery2023-01-31 05262335core:MotorVehicles2023-01-31 05262335core:PlantMachinery2024-01-31 05262335core:MotorVehicles2024-01-31 052623352022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 05262335 (England and Wales)
Everest Security Limited Filleted accounts for the year ended 31 January 2024
Everest Security Limited Filleted accounts Contents
Page
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Everest Security Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,137 
43,953 
Investments
100 
100 
38,237 
44,053 
Current assets
Debtors
1,164,607 
799,865 
Cash at bank and in hand
303,944 
435,159 
1,468,551 
1,235,024 
Creditors: amounts falling due within one year
(284,454)
(205,626)
Net current assets
1,184,097 
1,029,398 
Net assets
1,222,334 
1,073,451 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,222,333 
1,073,450 
Shareholders' funds
1,222,334 
1,073,451 
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 director acknowledges his 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 and authorised for issue on 21 October 2024 and were signed on its behalf by
Gokarna Chungbang Director Company Registration No. 05262335
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Everest Security Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Everest Security Limited is a private company, limited by shares, registered in England and Wales, registration number 05262335. The registered office is 290 Cheriton Road, Kent, CT19 4DP.
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
15% WDV
Motor vehicles
15% WDV
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
39,145 
39,999 
79,144 
Additions
776 
- 
776 
At 31 January 2024
39,921 
39,999 
79,920 
Depreciation
At 1 February 2023
29,795 
5,396 
35,191 
Charge for the year
1,402 
5,190 
6,592 
At 31 January 2024
31,197 
10,586 
41,783 
Net book value
At 31 January 2024
8,724 
29,413 
38,137 
At 31 January 2023
9,350 
34,603 
43,953 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 February 2023
100 
Valuation at 31 January 2024
100 
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Everest Security Limited Notes to the Accounts for the year ended 31 January 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
353,318 
200,857 
Amounts due from group undertakings etc.
811,289 
599,008 
1,164,607 
799,865 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
154,549 
86,612 
Other creditors
129,905 
37,980 
Accruals
- 
81,034 
284,454 
205,626 
8
Average number of employees
During the year the average number of employees was 30 (2023: 23).
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