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REGISTERED NUMBER: 06188316 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

NK Security Ltd

NK Security Ltd (Registered number: 06188316)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NK Security Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: N K O'Farrell





REGISTERED OFFICE: 940 Green Lanes
London
N21 2AD





REGISTERED NUMBER: 06188316 (England and Wales)





ACCOUNTANTS: Graeme Bruce & Partners LLP
940 Green Lanes
London
N21 2AD

NK Security Ltd (Registered number: 06188316)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,288 6,969

CURRENT ASSETS
Debtors 5 54,965 38,056
Cash at bank 26,038 16,206
81,003 54,262
CREDITORS
Amounts falling due within one year 6 76,686 43,255
NET CURRENT ASSETS 4,317 11,007
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,605

17,976

CREDITORS
Amounts falling due after more than one
year

7

27,059

21,125
NET ASSETS/(LIABILITIES) 12,546 (3,149 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 12,446 (3,249 )
SHAREHOLDERS' FUNDS 12,546 (3,149 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

NK Security Ltd (Registered number: 06188316)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 November 2024 and were signed by:





N K O'Farrell - Director


NK Security Ltd (Registered number: 06188316)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

NK Security Ltd 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.

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 etc - 33% on reducing balance and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

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

NK Security Ltd (Registered number: 06188316)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 34,613
Additions 40,083
Disposals (15,490 )
At 31 March 2024 59,206
DEPRECIATION
At 1 April 2023 27,644
Charge for year 8,087
Eliminated on disposal (11,813 )
At 31 March 2024 23,918
NET BOOK VALUE
At 31 March 2024 35,288
At 31 March 2023 6,969

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 54,965 23,340
Other debtors - 14,716
54,965 38,056

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,648 10,648
Hire purchase contracts 4,780 -
Trade creditors (1 ) 2
Taxation and social security 39,012 24,484
Other creditors 22,247 8,121
76,686 43,255

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 11,125 21,125
Hire purchase contracts 15,934 -
27,059 21,125