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REGISTERED NUMBER: 07126901 (England and Wales)








REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

K&S SECURITY INSTALLATIONS LIMITED

K&S SECURITY INSTALLATIONS LIMITED (REGISTERED NUMBER: 07126901)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024




Page

Company Information 1

Report of the Directors 2

Statement of Financial Position 3 to 4

Notes to the Financial Statements 5 to 7


K&S SECURITY INSTALLATIONS LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTORS: Mr K Fortune
L E Lucas



REGISTERED OFFICE: 7 Edgworth Drive
Bury
Greater Manchester
BL8 2EB



REGISTERED NUMBER: 07126901 (England and Wales)



ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD



BANKERS: Santander Plc
30-34 High Street
Oldham
Lancashire
OL1 1JA

K&S SECURITY INSTALLATIONS LIMITED (REGISTERED NUMBER: 07126901)

REPORT OF THE DIRECTORS
for the Year Ended 31 January 2024

The directors present their report with the financial statements of the company for the year ended 31 January 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of installation of security equipment.

DIRECTORS
The directors set out in the table below have held office during the whole of the period from 1 February 2023 to the date of this report.

The beneficial interests of the directors holding office at 31 January 2024 in the shares of the company, according to the register of directors' interests, were as follows:

31.1.24 1.2.23
Ordinary shares of £1.00 each
Mr K Fortune 7 7
L E Lucas 3 3

These directors did not hold any non-beneficial interests in the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr K Fortune - Director


30 October 2024

K&S SECURITY INSTALLATIONS LIMITED (REGISTERED NUMBER: 07126901)

STATEMENT OF FINANCIAL POSITION
31 January 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 24,769 17,037
24,769 17,037

CURRENT ASSETS
Stocks 1,458 1,503
Debtors 6 39,816 27,146
Cash at bank and in hand 29,267 66,798
70,541 95,447
CREDITORS
Amounts falling due within one year 7 (22,051 ) (26,317 )
NET CURRENT ASSETS 48,490 69,130
TOTAL ASSETS LESS CURRENT
LIABILITIES

73,259

86,167

PROVISIONS FOR LIABILITIES (4,707 ) (3,237 )
NET ASSETS 68,552 82,930

CAPITAL AND RESERVES
Called up share capital 10 10
Capital redemption reserve 10 10
Retained earnings 68,532 82,910
SHAREHOLDERS' FUNDS 68,552 82,930

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

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

K&S SECURITY INSTALLATIONS LIMITED (REGISTERED NUMBER: 07126901)

STATEMENT OF FINANCIAL POSITION - continued
31 January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:





Mr K Fortune - Director


K&S SECURITY INSTALLATIONS LIMITED (REGISTERED NUMBER: 07126901)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

K&S Security Installations Limited 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

K&S SECURITY INSTALLATIONS LIMITED (REGISTERED NUMBER: 07126901)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Website
costs
£   
COST
At 1 February 2023
and 31 January 2024 1,120
AMORTISATION
At 1 February 2023
and 31 January 2024 1,120
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 February 2023 4,587 6,813 19,879 31,279
Additions 14,251 - - 14,251
At 31 January 2024 18,838 6,813 19,879 45,530
DEPRECIATION
At 1 February 2023 3,718 2,759 7,765 14,242
Charge for year 2,476 1,014 3,029 6,519
At 31 January 2024 6,194 3,773 10,794 20,761
NET BOOK VALUE
At 31 January 2024 12,644 3,040 9,085 24,769
At 31 January 2023 869 4,054 12,114 17,037

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 35,742 17,831
Other debtors 4,074 9,315
39,816 27,146

K&S SECURITY INSTALLATIONS LIMITED (REGISTERED NUMBER: 07126901)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 3,669 1,478
Taxation and social security 10,491 20,910
Other creditors 7,891 3,929
22,051 26,317

8. ULTIMATE CONTROLLING PARTY

The company is under the control of its directors throughout the year.