Company Registration No. 12816058 (England and Wales)
Prometheus Security And Safety Solutions Ltd
Unaudited accounts
for the year ended 31 January 2024
Prometheus Security And Safety Solutions Ltd
Unaudited accounts
Contents
Prometheus Security And Safety Solutions Ltd
Company Information
for the year ended 31 January 2024
Company Number
12816058 (England and Wales)
Registered Office
Winsor And Newton Building
Whitefriars Avenue
Harrow
HA3 5RN
England
Prometheus Security And Safety Solutions Ltd
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
8,191
7,754
Creditors: amounts falling due within one year
(24,353)
(17,202)
Net current assets/(liabilities)
1,471
(615)
Called up share capital
2
2
Profit and loss account
3,926
-
Shareholders' funds
3,928
2
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 2 December 2024 and were signed on its behalf by
Sohail Ghaffar
Director
Company Registration No. 12816058
Prometheus Security And Safety Solutions Ltd
Notes to the Accounts
for the year ended 31 January 2024
Prometheus Security And Safety Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 12816058. The registered office is Winsor And Newton Building, Whitefriars Avenue, Harrow, HA3 5RN, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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
25 % on RBM
Fixtures & fittings
25 % on RBM
The accounts are presented in £ sterling.
Prometheus Security And Safety Solutions Ltd
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2023
1,005
162
1,167
At 31 January 2024
1,005
2,821
3,826
At 1 February 2023
513
37
550
Charge for the year
123
696
819
At 31 January 2024
636
733
1,369
At 31 January 2024
369
2,088
2,457
At 31 January 2023
492
125
617
Amounts falling due within one year
Accrued income and prepayments
501
501
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,706
1,100
Proposed dividends
-
9,595
Loans from directors
9,166
-
7
Average number of employees
During the year the average number of employees was 2 (2023: 0).