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Registered number: 05713594

Vespasian Security Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
Victor Stewart
The White House
164 Bridge Road
Sarisbury Green, Southampton
Hampshire
SO31 7EH

Vespasian Security Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Oliver Gardiner
Keith Gardiner (resgined 22/10/24)
Angela Gardiner
Simon Hodge
SECRETARY
Keith Gardiner (resgined 22/10/24)
REGISTERED OFFICE
Ground Floor, Building 1000
Lakeside, North Harbour
Western Road, Portsmouth
Hampshire
PO6 3EZ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05713594
ACCOUNTANTS
Victor Stewart
The White House
164 Bridge Road
Sarisbury Green, Southampton
Hampshire
SO31 7EH

Vespasian Security Limited

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Vespasian Security Limited

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets248,77049,286
CURRENT ASSETS
Stock101,00170,088
Debtors4442,740478,265
Cash at bank and in hand160,411165,344
704,152713,697
CREDITORS: Amounts falling due within one year5372,445221,695
NET CURRENT ASSETS331,707492,002
TOTAL ASSETS LESS CURRENT LIABILITIES380,477541,288
CREDITORS: Amounts falling due after more than one year656,410102,671
NET ASSETS324,067438,617
CAPITAL AND RESERVES
Called up share capital855
Profit and loss account324,062438,612
SHAREHOLDERS' FUNDS324,067438,617
For the year ending 31/03/2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 27/12/2024 and signed on their behalf by
.............................
Oliver Gardiner
Director

Vespasian Security Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehicles 25%
Fixtures and Fittings 25%
Equipment 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

Vespasian Security Limited

2. TANGIBLE FIXED ASSETS
CommercialFixtures
Vehiclesand FittingsEquipmentTotal
££££
Cost
At 01/04/202364,1789,6288,83282,638
Additions4,00042511,31615,741
At 31/03/202468,17810,05320,14898,379
Depreciation
At 01/04/202326,2912,8024,25933,352
For the year10,4721,8123,97316,257
At 31/03/202436,7634,6148,23249,609
Net Book Amounts
At 31/03/202431,4155,43911,91648,770
At 31/03/202337,8876,8264,57349,286
3. STOCK 20242023
££
Stock comprises:
Work in progress101,00170,088
101,00170,088
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors334,186298,792
Other debtors16,66823,750
Prepayments91,88675,912
Directors current account-60,396
Directors current account-19,415
442,740478,265

Vespasian Security Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Corporation tax48,97567,410
VAT117,72751,939
PAYE23,49730,117
Directors current account2,0007,152
Bank Loan46,26044,530
Trade creditors45,3081,144
Other creditors14,1314,282
Pension schemes4,8416,203
Accruals69,7068,918
372,445221,695
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr56,410102,671
56,410102,671
7. EMPLOYEES
20242023
No.No.
Average number of employees338251
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
1 Non voting A shares of £1 each11
1 Non voting B shares of £1 each11
1 Non voting C shares of £1 each11
1 Non voting D shares of £1 each11
55

Vespasian Security Limited

9. RELATED PARTY TRANSACTIONS
The company made loans during the period to Broadside Training Limited, an associated company, amounting to £NIL (2023: £NIL). The company also paid for expenses on behalf of Broadside Training Limited to the value of £1,900 (2023: £1,799). The amount of -£1,938 (2023: £9,162) was outstanding as at the balance sheet date.
The company made loans during the period to Midnight Masqerade Catering Limited, an associated company, amounting to £10,000 (2023: £NIL). The amount of £6,168 (2023: £2,168) was outstanding as at the balance sheet date.