02909555falsewholesalers of security equipment2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:CompanySecretary12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02909555

Discount Security Wholesalers Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
Malcolm Roussak & Co
Chartered Accountants
Adamson House
Wilmslow Road
Didsbury
Manchester
M20 2YY

Discount Security Wholesalers Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
S Kinsley
SECRETARY
Mrs L Kilgour
REGISTERED OFFICE
217 Manchester Road
Hollinwood
Oldham
OL8 4QY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02909555
ACCOUNTANTS
Malcolm Roussak & Co
Chartered Accountants
Adamson House
Wilmslow Road
Didsbury
Manchester
M20 2YY

Discount Security Wholesalers 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-

Discount Security Wholesalers Limited

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets26,9098,396
CURRENT ASSETS
Stock12,8958,970
Debtors45,0945,115
Cash at bank and in hand15,62713,895
33,61627,980
CREDITORS: Amounts falling due within one year519,7936,237
NET CURRENT ASSETS13,82321,743
TOTAL ASSETS LESS CURRENT LIABILITIES20,73230,139
CAPITAL AND RESERVES
Called up share capital722
Profit and loss account20,73030,137
SHAREHOLDERS' FUNDS20,73230,139
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 20/01/2025 and signed on their behalf by
.............................
S Kinsley
Director

Discount Security Wholesalers 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.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 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.

Discount Security Wholesalers Limited

2. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andCommercial
PropertiesMachineryVehiclesTotal
££££
Cost
At 01/04/20232,44823,43113,20039,079
At 31/03/20242,44823,43113,20039,079
Depreciation
At 01/04/2023-23,0527,63130,683
For the year-951,3921,487
At 31/03/2024-23,1479,02332,170
Net Book Amounts
At 31/03/20242,4482844,1776,909
At 31/03/20232,4483795,5698,396
3. STOCK 20242023
££
Stock comprises:
Stock12,8958,970
12,8958,970
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors184-
ACT recoverable3,3103,310
PAYE control-205
Prepayments1,6001,600
5,0945,115
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax1,1621,420
VAT4382,904
PAYE control804-
Directors current account1,960137
Trade creditors13,349-
Accruals2,0801,776
19,7936,237

Discount Security Wholesalers Limited

6. EMPLOYEES
20242023
No.No.
Average number of employees22
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1.00 each2.002.00
22