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Company Registration No. 13267404 (England and Wales)
Securigate Ltd Unaudited accounts for the year ended 30 November 2024
Securigate Ltd Unaudited accounts Contents
Page
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Securigate Ltd Company Information for the year ended 30 November 2024
Directors
Laura Baker Ryan Baker
Company Number
13267404 (England and Wales)
Registered Office
16 County Park Avenue Halesowen B62 8SP
Accountants
Nellys Accountants Ltd 71 Woodland Avenue Tettenhall Wood Wolverhampton West Midlands WV6 8ND
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Securigate Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
53,427 
16,833 
Current assets
Inventories
4,850 
- 
Debtors
71,740 
39,636 
Cash at bank and in hand
42,503 
13,157 
119,093 
52,793 
Creditors: amounts falling due within one year
(51,136)
(35,301)
Net current assets
67,957 
17,492 
Total assets less current liabilities
121,384 
34,325 
Creditors: amounts falling due after more than one year
(51,055)
(6,333)
Provisions for liabilities
Deferred tax
(11,225)
(3,198)
Net assets
59,104 
24,794 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
59,102 
24,792 
Shareholders' funds
59,104 
24,794 
For the year ending 30 November 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 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 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 of Directors and authorised for issue on 1 January 2025 and were signed on its behalf by
Ryan Baker Director Company Registration No. 13267404
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Securigate Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Securigate Ltd is a private company, limited by shares, registered in England and Wales, registration number 13267404. The registered office is 16 County Park Avenue, Halesowen, B62 8SP.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
20% reducing balance
Computer equipment
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Securigate Ltd Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2023
24,215 
- 
851 
25,066 
Additions
60,892 
1,163 
- 
62,055 
Disposals
(18,865)
- 
- 
(18,865)
At 30 November 2024
66,242 
1,163 
851 
68,256 
Depreciation
At 1 December 2023
7,861 
- 
372 
8,233 
Charge for the year
13,034 
233 
120 
13,387 
On disposals
(6,791)
- 
- 
(6,791)
At 30 November 2024
14,104 
233 
492 
14,829 
Net book value
At 30 November 2024
52,138 
930 
359 
53,427 
At 30 November 2023
16,354 
- 
479 
16,833 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
70,215 
33,303 
Accrued income and prepayments
1,499 
4,985 
Other debtors
26 
1,348 
71,740 
39,636 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,000 
4,000 
VAT
13,350 
3,226 
Obligations under finance leases and hire purchase contracts
9,167 
- 
Trade creditors
9,516 
18,218 
Taxes and social security
14,396 
8,863 
Loans from directors
432 
734 
Accruals
275 
260 
51,136 
35,301 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,333 
6,333 
Obligations under finance leases and hire purchase contracts
48,722 
- 
51,055 
6,333 
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Securigate Ltd Notes to the Accounts for the year ended 30 November 2024
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
11,225 
3,198 
2024 
2023 
£ 
£ 
Provision at start of year
3,198 
2,988 
Charged to the profit and loss account
8,027 
210 
Provision at end of year
11,225 
3,198 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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