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REGISTERED NUMBER: 03555253 (England and Wales)















STYLE SECURITIES LIMITED
TRADING AS
WOLVERHAMPTON TREE SERVICES

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






STYLE SECURITIES LIMITED (REGISTERED NUMBER: 03555253)
TRADING AS WOLVERHAMPTON TREE SERVICES






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STYLE SECURITIES LIMITED
TRADING AS WOLVERHAMPTON TREE SERVICES

COMPANY INFORMATION
for the Year Ended 30 APRIL 2024







DIRECTOR: Mr R K Smith





SECRETARY: Mrs D F Smith





REGISTERED OFFICE: Building No. 2
Smestow Bridge Industrial Estate
Bridgnorth Road
Wombourne
Wolverhampton
WV5 8AY





REGISTERED NUMBER: 03555253 (England and Wales)





ACCOUNTANTS: Wallace Crooke Walsall Limited
Chartered Accountants
Wallace House
20 Birmingham Road
Walsall
West Midlands
WS1 2LT

STYLE SECURITIES LIMITED (REGISTERED NUMBER: 03555253)
TRADING AS WOLVERHAMPTON TREE SERVICES

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 717,323 595,989

CURRENT ASSETS
Debtors 5 8,238 16,639
Cash at bank 4,242 12,731
12,480 29,370
CREDITORS
Amounts falling due within one year 6 59,581 45,812
NET CURRENT LIABILITIES (47,101 ) (16,442 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

670,222

579,547

CREDITORS
Amounts falling due after more than one
year

7

(304,138

)

(324,753

)

PROVISIONS FOR LIABILITIES 9 (37,247 ) (21,543 )

ACCRUALS AND DEFERRED INCOME (1,261 ) (1,484 )
NET ASSETS 327,576 231,767

CAPITAL AND RESERVES
Called up share capital 10 200 200
Retained earnings 327,376 231,567
SHAREHOLDERS' FUNDS 327,576 231,767

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

STYLE SECURITIES LIMITED (REGISTERED NUMBER: 03555253)
TRADING AS WOLVERHAMPTON TREE SERVICES

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 January 2025 and were signed by:





Mr R K Smith - Director


STYLE SECURITIES LIMITED (REGISTERED NUMBER: 03555253)
TRADING AS WOLVERHAMPTON TREE SERVICES

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2024

1. STATUTORY INFORMATION

Style Securities Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

STYLE SECURITIES LIMITED (REGISTERED NUMBER: 03555253)
TRADING AS WOLVERHAMPTON TREE SERVICES

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST OR VALUATION
At 1 May 2023 532,881 256,563 10,428 52,245 852,117
Disposals - (19,734 ) (4,256 ) (11,000 ) (34,990 )
Revaluations 76,696 - - - 76,696
At 30 April 2024 609,577 236,829 6,172 41,245 893,823
DEPRECIATION
At 1 May 2023 66,384 138,830 9,332 41,582 256,128
Charge for year - 11,075 183 2,512 13,770
Eliminated on disposal - (12,748 ) (3,885 ) (10,381 ) (27,014 )
Revaluation adjustments (66,384 ) - - - (66,384 )
At 30 April 2024 - 137,157 5,630 33,713 176,500
NET BOOK VALUE
At 30 April 2024 609,577 99,672 542 7,532 717,323
At 30 April 2023 466,497 117,733 1,096 10,663 595,989

Cost or valuation at 30 April 2024 is represented by:

Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
Valuation in 2024 76,696 - - - 76,696
Cost 532,881 236,829 6,172 41,245 817,127
609,577 236,829 6,172 41,245 893,823

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,560 6,808
Other debtors 6,678 9,831
8,238 16,639

STYLE SECURITIES LIMITED (REGISTERED NUMBER: 03555253)
TRADING AS WOLVERHAMPTON TREE SERVICES

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 25,085 25,085
Trade creditors 4,308 -
Taxation and social security 601 (14 )
Other creditors 29,587 20,741
59,581 45,812

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 304,138 324,753

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 230,003 240,618

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 329,223 349,838

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 37,247 21,543

Deferred
tax
£   
Balance at 1 May 2023 21,543
Provided during year 15,704
Balance at 30 April 2024 37,247

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200 Ordinary shares £1 200 200