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REGISTERED NUMBER: OC301104 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Young & Young Security LLP

Young & Young Security LLP (Registered number: OC301104)






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




Page

Income Statement 1

Balance Sheet 2


Young & Young Security LLP (Registered number: OC301104)

Income Statement
for the Year Ended 31 March 2024

31.3.24 31.3.23
£    £   

TURNOVER 826,975 607,477

Cost of raw materials and consumables (399,959 ) (181,108 )

Staff costs (125,316 ) (120,742 )

Depreciation and other amounts written off assets (13,941 ) (14,969 )

Other charges (209,309 ) (206,980 )

PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


78,450


83,678

Young & Young Security LLP (Registered number: OC301104)

Balance Sheet
31 March 2024

31.3.24 31.3.23
£    £    £    £   
FIXED ASSETS 17,888 31,828

CURRENT ASSETS 518,252 380,124

CREDITORS
Amounts falling due within one year (459,426 ) (317,704 )
NET CURRENT ASSETS 58,826 62,420
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,714

94,248

CREDITORS
Amounts falling due after more than one year 37,056 43,269
NET ASSETS 39,658 50,979

LOANS AND OTHER DEBTS DUE TO MEMBERS 39,658 50,979

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Young & Young Security LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC301104

Registered office: 182 King Street
Hammersmith
London
W6 0RA

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 5 (2023 - 3 ) .



Young & Young Security LLP (Registered number: OC301104)

Balance Sheet - continued
31 March 2024


The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared in accordance with the micro-entity provisions.

The financial statements were approved by the members of the LLP and authorised for issue on 2 January 2025 and were signed by:





S A D'Moirah - Designated member