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Company Registration No. 06770923 (England and Wales)
Premier Security Systems UK Ltd Unaudited accounts for the year ended 31 December 2024
Premier Security Systems UK Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
41,652 
46,115 
Current assets
Inventories
40,000 
40,000 
Debtors
280,526 
224,797 
Cash at bank and in hand
983,498 
975,804 
1,304,024 
1,240,601 
Creditors: amounts falling due within one year
(332,496)
(352,010)
Net current assets
971,528 
888,591 
Total assets less current liabilities
1,013,180 
934,706 
Provisions for liabilities
Deferred tax
(10,413)
(11,529)
Net assets
1,002,767 
923,177 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
1,002,757 
923,167 
Shareholders' funds
1,002,767 
923,177 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 24 February 2025 and were signed on its behalf by
David M Harris Director Company Registration No. 06770923
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Premier Security Systems UK Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Premier Security Systems UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 06770923. The registered office is Unit 21 Brickfields Industrial Estate, Finway Road, Hemel Hempstead, Hertfordshire, HP2 7QA, United Kingdon.
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:
Motor vehicles
Monthly, straight line over 3 years
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 January 2024
61,487 
Additions
11,550 
At 31 December 2024
73,037 
Depreciation
At 1 January 2024
15,372 
Charge for the year
16,013 
At 31 December 2024
31,385 
Net book value
At 31 December 2024
41,652 
At 31 December 2023
46,115 
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Premier Security Systems UK Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
273,021 
217,135 
Accrued income and prepayments
- 
341 
Other debtors
7,505 
7,321 
280,526 
224,797 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
120,667 
105,452 
Taxes and social security
91,453 
83,335 
Other creditors
3,700 
3,109 
Loans from directors
11,582 
59,224 
Accruals
55 
- 
Deferred income
105,039 
100,890 
332,496 
352,010 
7
Average number of employees
During the year the average number of employees was 14 (2023: 13).
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