NATIONWIDE SECURITY SERVICES MIDLANDS LTD |
Registered Number:07809904 |
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
NATIONWIDE SECURITY SERVICES MIDLANDS LTD
Statement of Financial Position
2023
2024
Property, plant and equipment |
16,484
14,297
2
16,484
14,297
Trade and other receivables |
125,770
51,378
3
147,542
Cash and cash equivalents |
171,860
223,238
273,312
Trade and other payables: amounts falling due within one |
year |
(68,298)
(51,718)
4
205,014
171,520
Net current assets
Total assets less current liabilities |
188,004
219,311
Trade and other payables: amounts falling due after more |
than one year |
(26,878)
(22,544)
5
(349)
(848)
Provisions for liabilities |
165,111
Net assets
191,585
1
1
165,110
191,584
165,111
191,585
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 13 February 2025 and were signed by: |
1 of 5
For the year ended 31 October 2024
NATIONWIDE SECURITY SERVICES MIDLANDS LTD
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the year ended 31 October 2024
NATIONWIDE SECURITY SERVICES MIDLANDS LTD
Notes to the Financial Statements
Statutory Information
NATIONWIDE SECURITY SERVICES MIDLANDS LTD is a private limited company, limited by shares, domiciled in |
England and Wales, registration number 07809904. |
34 Rock Grove
Solihull
West Midlands
B92 7LH
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation . Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Motor vehicles
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
3 of 5
For the year ended 31 October 2024
NATIONWIDE SECURITY SERVICES MIDLANDS LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
23,358
2,886
20,472
14,611
-
14,611
-
(9,472)
(9,472)
25,611
2,886
28,497
Provision for depreciation and impairment |
9,061
1,573
7,488
Charge for year
5,320
197
5,123
(2,368)
-
(2,368)
12,013
1,770
10,243
15,368
1,116
16,484
12,984
1,313
14,297
3. Trade and other receivables |
2023
2024
8,378
10,770
43,000
115,000
125,770
51,378
4. Trade and other payables: amounts falling due within one year |
2023
2024
5,218
5,218
22,159
25,152
Taxation and social security |
22,219
36,347
Accruals and deferred income |
1,355
1,355
767
226
51,718
68,298
4 of 5
For the year ended 31 October 2024
NATIONWIDE SECURITY SERVICES MIDLANDS LTD
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
22,544
26,878
6. Related party transactions |
The ultimate controlling party during the year was Feron Minsaria , director , whom controls the company by virtue |
of owning 100% of the share capital. |
7. Average number of persons employed |
During the year the average number of employees was 2 (2023 : 2)
5 of 5