BD Security Ltd 08386616 false 2024-03-01 2024-10-31 2024-10-31 The principal activity of the company is that of the installation and maintenance of security systems. Digita Accounts Production Advanced 6.30.9574.0 true true 08386616 2024-03-01 2024-10-31 08386616 2024-10-31 08386616 bus:OrdinaryShareClass1 2024-10-31 08386616 core:RetainedEarningsAccumulatedLosses 2024-10-31 08386616 core:ShareCapital 2024-10-31 08386616 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 08386616 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 08386616 core:OfficeEquipment 2024-10-31 08386616 bus:SmallEntities 2024-03-01 2024-10-31 08386616 bus:AuditExemptWithAccountantsReport 2024-03-01 2024-10-31 08386616 bus:FilletedAccounts 2024-03-01 2024-10-31 08386616 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2024-10-31 08386616 bus:RegisteredOffice 2024-03-01 2024-10-31 08386616 bus:CompanySecretaryDirector1 2024-03-01 2024-10-31 08386616 bus:Director2 2024-03-01 2024-10-31 08386616 bus:OrdinaryShareClass1 2024-03-01 2024-10-31 08386616 bus:PrivateLimitedCompanyLtd 2024-03-01 2024-10-31 08386616 core:OfficeEquipment 2024-03-01 2024-10-31 08386616 countries:EnglandWales 2024-03-01 2024-10-31 08386616 2024-02-29 08386616 core:OfficeEquipment 2024-02-29 08386616 2023-03-01 2024-02-29 08386616 2024-02-29 08386616 bus:OrdinaryShareClass1 2024-02-29 08386616 core:RetainedEarningsAccumulatedLosses 2024-02-29 08386616 core:ShareCapital 2024-02-29 08386616 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 08386616 core:Non-currentFinancialInstruments core:AfterOneYear 2024-02-29 08386616 core:OfficeEquipment 2024-02-29 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08386616

BD Security Ltd

Unaudited Filleted Financial Statements

for the Period from 1 March 2024 to 31 October 2024

 

BD Security Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

BD Security Ltd

Company Information

Directors

Mrs Nicole Greenhough

Mr Andrew Greenhough

Company secretary

Mrs Nicole Greenhough

Registered office

C/O Smith Butler,
Sapper Jordan Rossi Park
Otley Road
Baildon
West Yorkshire
BD17 7AX

Accountants

Smith Butler
Accountants & Business Advisors
Sapper Jordan Rossi Park
Otley Road
Baildon
West Yorkshire
BD17 7AX

 

BD Security Ltd

(Registration number: 08386616)
Balance Sheet as at 31 October 2024

Note

2024
£

2024
£

Fixed assets

 

Tangible assets

4

621

782

Current assets

 

Cash at bank and in hand

 

-

18,620

Creditors: Amounts falling due within one year

5

(3,067)

(7,728)

Net current (liabilities)/assets

 

(3,067)

10,892

Total assets less current liabilities

 

(2,446)

11,674

Creditors: Amounts falling due after more than one year

5

-

(5,334)

Net (liabilities)/assets

 

(2,446)

6,340

Capital and reserves

 

Called up share capital

6

2

2

Retained earnings

(2,448)

6,338

Shareholders' (deficit)/funds

 

(2,446)

6,340

For the financial period ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 November 2024 and signed on its behalf by:
 

.........................................
Mrs Nicole Greenhough
Company secretary and director

.........................................
Mr Andrew Greenhough
Director

 
     
 

BD Security Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 31 October 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/O Smith Butler,
Sapper Jordan Rossi Park
Otley Road
Baildon
West Yorkshire
BD17 7AX
United Kingdom

The principal place of business is:
282 Whitehall Road
Wyke
Bradford
BD12 9DX

These financial statements were authorised for issue by the Board on 18 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

BD Security Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 31 October 2024

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

20% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

BD Security Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 31 October 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2024 - 2).

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 March 2024

2,109

2,109

At 31 October 2024

2,109

2,109

Depreciation

At 1 March 2024

1,327

1,327

Charge for the period

161

161

At 31 October 2024

1,488

1,488

Carrying amount

At 31 October 2024

621

621

At 29 February 2024

782

782

 

BD Security Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 31 October 2024

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2024
£

Due within one year

 

Loans and borrowings

-

4,000

Taxation and social security

 

1,546

3,687

Other creditors

 

1,521

41

 

3,067

7,728

Creditors: amounts falling due after more than one year

Note

2024
£

2024
£

Due after one year

 

Loans and borrowings

-

5,334

6

Share capital

Allotted, called up and fully paid shares

2024

2024

No.

£

No.

£

Ordinary shares of £1 each

2

2

2

2