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Company Registration No. 09000728 (England and Wales)
LOCKTEC SECURITY SERVICES LIMITED Unaudited accounts for the year ended 30 April 2024
LOCKTEC SECURITY SERVICES LIMITED Unaudited accounts Contents
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LOCKTEC SECURITY SERVICES LIMITED Company Information for the year ended 30 April 2024
Directors
Julian Harris Cheryl Harris
Company Number
09000728 (England and Wales)
Registered Office
24-26 FOWLER ROAD HAINAULT BUSINESS PARK ILFORD ESSEX IG6 3UT ENGLAND
Accountants
Fox Accountancy Limited 88 Corbets Tey Road Upminster Essex RM14 2BA
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LOCKTEC SECURITY SERVICES LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
8,599 
25,727 
Tangible assets
1,556 
199 
10,155 
25,926 
Current assets
Inventories
15,000 
15,049 
Debtors
191,658 
240,012 
Cash at bank and in hand
126,192 
184,510 
332,850 
439,571 
Creditors: amounts falling due within one year
(97,670)
(122,264)
Net current assets
235,180 
317,307 
Total assets less current liabilities
245,335 
343,233 
Creditors: amounts falling due after more than one year
(13,062)
(35,484)
Net assets
232,273 
307,749 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
232,271 
307,747 
Shareholders' funds
232,273 
307,749 
For the year ending 30 April 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 28 August 2024 and were signed on its behalf by
Julian Harris Director Company Registration No. 09000728
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LOCKTEC SECURITY SERVICES LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
LOCKTEC SECURITY SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09000728. The registered office is 24-26 FOWLER ROAD, HAINAULT BUSINESS PARK, ILFORD, ESSEX, IG6 3UT, 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.
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.
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% straight line
Motor vehicles
25% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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LOCKTEC SECURITY SERVICES LIMITED Notes to the Accounts for the year ended 30 April 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
171,275 
At 30 April 2024
171,275 
Amortisation
At 1 May 2023
145,548 
Charge for the year
17,128 
At 30 April 2024
162,676 
Net book value
At 30 April 2024
8,599 
At 30 April 2023
25,727 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
1,857 
15,533 
17,390 
Additions
1,943 
- 
1,943 
At 30 April 2024
3,800 
15,533 
19,333 
Depreciation
At 1 May 2023
1,658 
15,533 
17,191 
Charge for the year
586 
- 
586 
At 30 April 2024
2,244 
15,533 
17,777 
Net book value
At 30 April 2024
1,556 
- 
1,556 
At 30 April 2023
199 
- 
199 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
44,810 
66,468 
Accrued income and prepayments
3,724 
3,434 
Other debtors
143,124 
170,110 
191,658 
240,012 
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LOCKTEC SECURITY SERVICES LIMITED Notes to the Accounts for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,517 
VAT
13,313 
24,820 
Trade creditors
50,607 
61,707 
Taxes and social security
13,137 
14,609 
Other creditors
9,222 
9,220 
Accruals
1,391 
1,391 
97,670 
122,264 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,062 
35,484 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Julian Harris
Loan
70,133 
38,918 
49,621 
59,430 
Cheryl Harris
Loan
70,133 
38,917 
49,620 
59,430 
140,266 
77,835 
99,241 
118,860 
Loans to Directors are included under other debtors. The loans are interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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