2023-02-012024-01-3131 January 2024Guaranteed Security Limited10563060falseMark Phillip Humphreys3 February 20253 February 2025The principal activity of the company continued to be Private Security Activities.1 Peploe LaneNew HollandBarrow upon HumberDN19 7PS31Ajaccts Software3.1.0 beta10563060bus:FullAccounts2023-02-012024-01-3110563060bus:FRS1022023-02-012024-01-3110563060bus:PrivateLimitedCompanyLtd2023-02-012024-01-3110563060bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3110563060core:PlantMachinery2023-01-3110563060core:InvestmentPropertyIncludedWithinPPE2023-01-3110563060core:LandBuildings2023-01-3110563060core:FurnitureFittingsToolsEquipment2023-01-3110563060core:Vehicles2023-01-3110563060core:ComputerEquipment2023-01-3110563060core:PlantMachinery2024-01-3110563060core:InvestmentPropertyIncludedWithinPPE2024-01-3110563060core:LandBuildings2024-01-3110563060core:FurnitureFittingsToolsEquipment2024-01-3110563060core:Vehicles2024-01-3110563060core:ComputerEquipment2024-01-31105630602022-02-0110563060core:DevelopmentCostsPatentsSimilar2023-02-012024-01-3110563060core:DevelopmentCostsPatentsSimilar2024-01-3110563060core:DevelopmentCostsPatentsSimilar2023-01-3110563060core:DividendsProposed2023-02-012024-01-3110563060core:DividendsProposed2022-02-012023-01-3110563060core:LandBuildings2022-02-012023-01-3110563060core:PlantMachinery2022-02-012023-01-3110563060core:FurnitureFittingsToolsEquipment2022-02-012023-01-3110563060core:Vehicles2022-02-012023-01-3110563060core:ComputerEquipment2022-02-012023-01-3110563060core:InvestmentPropertyIncludedWithinPPE2023-02-012024-01-3110563060core:LandBuildings2023-02-012024-01-3110563060core:PlantMachinery2023-02-012024-01-3110563060core:FurnitureFittingsToolsEquipment2023-02-012024-01-3110563060core:Vehicles2023-02-012024-01-3110563060core:ComputerEquipment2023-02-012024-01-3110563060core:ComputerEquipment2022-02-0110563060core:ComputerEquipment2023-02-01105630602023-01-3110563060bus:Consolidated2023-01-31105630602024-01-3110563060bus:Consolidated2024-01-31105630602022-02-012023-01-3110563060bus:Consolidated2022-02-012023-01-31105630602023-02-012024-01-3110563060bus:Consolidated2023-02-012024-01-3110563060bus:CompanySecretaryDirector12023-02-012024-01-3110563060bus:Director12023-02-012024-01-3110563060bus:Director22023-02-012024-01-3110563060bus:Director32023-02-012024-01-3110563060bus:Director42023-02-012024-01-3110563060bus:Director52023-02-012024-01-3110563060bus:Director62023-02-012024-01-3110563060bus:Director72023-02-012024-01-3110563060bus:Director82023-02-012024-01-3110563060bus:Director92023-02-012024-01-3110563060bus:Director102023-02-012024-01-3110563060bus:Director112023-02-012024-01-3110563060bus:Director122023-02-012024-01-3110563060bus:Director132023-02-012024-01-3110563060bus:Director142023-02-012024-01-3110563060bus:Director152023-02-012024-01-3110563060bus:Director162023-02-012024-01-3110563060bus:Director172023-02-012024-01-3110563060bus:Director182023-02-012024-01-3110563060bus:Director192023-02-012024-01-3110563060bus:Director202023-02-012024-01-31105630602023-02-012024-01-3110563060bus:CompanySecretaryDirector12024-01-3110563060bus:Director12024-01-3110563060bus:Director22024-01-3110563060bus:CompanySecretaryDirector12023-02-012024-01-3110563060bus:Director12023-02-012024-01-3110563060bus:Director22023-02-012024-01-31105630602023-02-012024-01-3110563060bus:CompanySecretaryDirector12023-01-3110563060bus:Director12023-01-3110563060bus:Director22023-01-3110563060bus:EntityAccountantsOrAuditors2023-02-012024-01-3110563060bus:EntityAccountantsOrAuditors2023-02-012024-01-3110563060bus:EntityAccountantsOrAuditors2024-01-3110563060bus:RegisteredOffice2023-02-012024-01-3110563060bus:EntityBankers2023-02-012024-01-3110563060bus:EntityLawyersOrLegalAdvisers2023-02-012024-01-31xbrli:pureiso4217:GBPxbrli:shares
Filleted Unaudited Accounts for Guaranteed Security Limited
Company Information and Financial Statements

For the Financial Year ended 31 January 2024

Company Information

Directors
Mark Phillip Humphreys
Guaranteed Security Limited is a Limited Company incorporated in the United Kingdom and registered in England and Wales.
Registered Office Address
Guaranteed Security Limited
1 Peploe Lane
New Holland
Barrow upon Humber
DN19 7PS
Registered Number
10563060
Filleted Unaudited Financial Statements
Statement of Financial Position
at 31 January 2024
20242023
££
Fixed Assets
Intangible assets--
Tangible assets5194,179195,079
Investments508,030508,030
702,209703,109
Current assets
Stocks--
Debtors3,206,9692,359,123
Cash at bank and in hand834,19832,291
4,041,1672,391,414
Creditors: amounts falling due within one year4(4,061,572)(2,252,591)
Net current assets(20,405)138,823
Total assets less current liabilities681,804841,932
Creditors: amounts falling due after more than one year(14,474)(91,766)
Net Assets667,330750,166
Capital and Reserves
Called up Share Capital611
Profit and Loss account667,329750,165
Total Equity667,330750,166
Statement of Accordance with Small Companies regime, and Audit not required
The directors confirm that financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The directors confirm that the Company is 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 of its accounts for the year in question in accordance with section 476. No audit has been obtained
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The income statement and directors report have not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies regime.
Other Footnotes
None
Signature of Statement of Financial Position
Signed by
DirectorMark Phillip Humphreys
Approved by the board, 3 February 2025
Notes to the financial statements
at 31 January 2024
1. General Information
Guaranteed Security Limited is a Limited company incorporated in the United Kingdom and registered in England and Wales.
Registered Office Address:
Guaranteed Security Limited
1 Peploe Lane
New Holland
Barrow upon Humber
DN19 7PS
2. Basis of Preparation and Policies
The financial statements are prepared under the historical cost convention and in accordance with FRS 102 section 1A, the Financial Reporting Standard applicable in the UK and Republic of Ireland applicable to Smaller Entities.
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Statement of Cash flows
Exempt from cash flow statement requirement : true
Accounting Policies
Turnover
Turnover represents revenue earned during the period, net of Value Added Tax.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery -- over a period of between 2 and 5 years straight line
Computer equipment -- over a period of 3 years straight line
Motor vehicles -- over a period of between 2 and 5 years straight line
The carrying values of tangible fixed assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.
Other
3. Analysis of Debtors
Short term debtors : Trade Debtors
20242023
££
3,093,1822,241,544
Short term debtors : Prepayments
20242023
££
--
Short term debtors : Tax Debtors
20242023
££
11,63637,605
Short term debtors : Others
20242023
££
--
Directors Loan Account
20242023
££
102,15179,974
4. Analysis of Creditors
Short term creditors : Trade Creditors
20242023
££
4,061,5722,240,379
Short term creditors : Accruals
20242023
££
--
Short term creditors : Bank Overdraft
20242023
££
--
Short term creditors : Other Loan/HP
20242023
££
--
Short term creditors : Corporation Tax
20242023
££
00
Short term creditors : VAT/Social Security
20242023
££
-7,754
Short term creditors : Dividends
20242023
££
--
Short term creditors : Others
20242023
££
-4,458
Group Undertakings
20242023
££
--
Long term creditors (incl. Directors Loans)
20242023
££
14,47491,766
5. Tangible fixed assets
Investments/PropertyPlant MachineryFixts, Fittings, EquipmentComputer EquipmentVehiclesTotal
££££££
Cost
At 31 January 2023508,030141,96707,48544,727702,209
Additions000000
Disposals(0)(0)(0)(0)(0)(0)
Revaluations000000
At 31 January 2024508,030141,96707,48544,727702,209
Depreciation/Impairment
At 31 January 2023000000
Charge for the year000000
Eliminated this year(0)(0)(0)(0)(0)(0)
At 31 January 2024000000
Net book value
At 31 January 2023508,030141,96707,48544,727702,209
At 31 January 2024508,030141,96707,48544,727702,209
6. Share Capital
Allotted, called up and fully paid
20242023
No£No£
Ordinary1111
Total1111
7. Ultimate Controlling Party
The ultimate controlling party is the Director(s)
8. Related Party Transactions
None
9. Other Notes
The average number of employees in the year was 3 (Previous: 1)
End of Notes to Financial Statements