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REGISTERED NUMBER: 04174751 (England and Wales)


















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Information Security Systems
Installations Limited

Information Security Systems
Installations Limited (Registered number: 04174751)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Information Security Systems
Installations Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: S J Watson
L A Webb
G A Taylor





SECRETARY: Mrs C L Taylor





REGISTERED OFFICE: Brigham House
High Street
Biggleswade
Bedfordshire
SG18 0LD





REGISTERED NUMBER: 04174751 (England and Wales)





ACCOUNTANTS: George Hay Partnership LLP
Chartered Accountants
Brigham House
High Street
Biggleswade
Bedfordshire
SG18 0LD

Information Security Systems
Installations Limited (Registered number: 04174751)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 56,305 75,764

CURRENT ASSETS
Stocks 7,500 20,000
Debtors 6 821,983 594,052
Prepayments and accrued income 43,292 84,629
Cash at bank and in hand 336,682 191,032
1,209,457 889,713
CREDITORS
Amounts falling due within one year 7 693,695 734,793
NET CURRENT ASSETS 515,762 154,920
TOTAL ASSETS LESS CURRENT
LIABILITIES

572,067

230,684

CREDITORS
Amounts falling due after more than one
year

8

(43,916

)

(64,051

)

PROVISIONS FOR LIABILITIES (13,543 ) (18,941 )
NET ASSETS 514,608 147,692

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 514,458 147,542
SHAREHOLDERS' FUNDS 514,608 147,692

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Information Security Systems
Installations Limited (Registered number: 04174751)

Balance Sheet - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 January 2025 and were signed on its behalf by:





L A Webb - Director


Information Security Systems
Installations Limited (Registered number: 04174751)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Information Security Systems Installations 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.The policies adopted for the recognition of turnover are as follows:

When the outcome of a transaction can be estimated reliably, turnover from services are recognised by reference to the stage of completion at the balance sheet date.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

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 etc - 33% on reducing balance, 25% on reducing balance and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Information Security Systems
Installations Limited (Registered number: 04174751)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

3. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 10 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 300,704
Additions 1,540
At 31 May 2024 302,244
DEPRECIATION
At 1 June 2023 224,940
Charge for year 20,999
At 31 May 2024 245,939
NET BOOK VALUE
At 31 May 2024 56,305
At 31 May 2023 75,764

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 704,193 532,382
Other debtors 117,790 61,670
821,983 594,052

Information Security Systems
Installations Limited (Registered number: 04174751)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 10,093 13,355
Trade creditors 88,721 556,075
Taxation and social security 162,608 25,778
Other creditors 432,273 139,585
693,695 734,793

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 9,959 20,000
Hire purchase contracts 33,957 44,051
43,916 64,051

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the amount owed by the Directors to the company was £22,444