Frontline K9 Security Ltd 14101496 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is private security activities Digita Accounts Production Advanced 6.30.9574.0 true true 14101496 2023-06-01 2024-05-31 14101496 2024-05-31 14101496 bus:OrdinaryShareClass1 2024-05-31 14101496 core:RetainedEarningsAccumulatedLosses 2024-05-31 14101496 core:ShareCapital 2024-05-31 14101496 core:CurrentFinancialInstruments 2024-05-31 14101496 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 14101496 core:FurnitureFittingsToolsEquipment 2024-05-31 14101496 core:MotorVehicles 2024-05-31 14101496 core:OtherPropertyPlantEquipment 2024-05-31 14101496 bus:SmallEntities 2023-06-01 2024-05-31 14101496 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 14101496 bus:FilletedAccounts 2023-06-01 2024-05-31 14101496 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 14101496 bus:RegisteredOffice 2023-06-01 2024-05-31 14101496 bus:Director1 2023-06-01 2024-05-31 14101496 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 14101496 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14101496 core:FurnitureFittingsToolsEquipment 2023-06-01 2024-05-31 14101496 core:MotorVehicles 2023-06-01 2024-05-31 14101496 core:OfficeEquipment 2023-06-01 2024-05-31 14101496 core:OtherPropertyPlantEquipment 2023-06-01 2024-05-31 14101496 core:PlantMachinery 2023-06-01 2024-05-31 14101496 countries:UnitedKingdom 2023-06-01 2024-05-31 14101496 2023-05-31 14101496 core:FurnitureFittingsToolsEquipment 2023-05-31 14101496 core:MotorVehicles 2023-05-31 14101496 core:OtherPropertyPlantEquipment 2023-05-31 14101496 2022-05-11 2023-05-31 14101496 2023-05-31 14101496 bus:OrdinaryShareClass1 2023-05-31 14101496 core:RetainedEarningsAccumulatedLosses 2023-05-31 14101496 core:ShareCapital 2023-05-31 14101496 core:CurrentFinancialInstruments 2023-05-31 14101496 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 14101496 core:FurnitureFittingsToolsEquipment 2023-05-31 14101496 core:MotorVehicles 2023-05-31 14101496 core:OtherPropertyPlantEquipment 2023-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14101496

Frontline K9 Security Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

Frontline K9 Security Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 6

 

Frontline K9 Security Ltd

(Registration number: 14101496)

Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed Assets

 

Tangible Assets

4

44,988

21,519

Current assets

 

Debtors

5

107,812

250,967

Cash at bank and in hand

 

9,079

64,545

 

116,891

315,512

Creditors: Amounts falling due within one year

6

(44,879)

(230,600)

Net current assets

 

72,012

84,912

Net assets

 

117,000

106,431

Capital and Reserves

 

Called up share capital

7

100

100

Retained Earnings

116,900

106,331

Shareholders' funds

 

117,000

106,431

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 February 2025
 

.........................................
Mr Bakry Ali Mohammed
Director

 

Frontline K9 Security Ltd

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

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
1 Broad Lane
Wolverhampton
West Midlands
WV3 9BJ

These financial statements were authorised for issue by the director on 25 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Frontline K9 Security Ltd

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

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & Machinery

15% reducing balance basis

Motor Vehicles

25% reducing balance basis

Office Equipment

33% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

Frontline K9 Security Ltd

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

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 23 (2023 - 28).

 

Frontline K9 Security Ltd

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

4

Tangible Assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 June 2023

2,261

9,775

11,796

23,832

Additions

1,249

20,800

11,950

33,999

At 31 May 2024

3,510

30,575

23,746

57,831

Depreciation

At 1 June 2023

401

1,222

690

2,313

Charge for the year

991

6,905

2,634

10,530

At 31 May 2024

1,392

8,127

3,324

12,843

Carrying amount

At 31 May 2024

2,118

22,448

20,422

44,988

At 31 May 2023

1,860

8,553

11,106

21,519

5

Debtors

Current

2024
£

2023
£

Trade Debtors

75,557

237,955

Prepayments

385

321

Other debtors

31,870

12,691

 

107,812

250,967

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade Creditors

3,413

45,897

Taxation and social security

41,142

101,458

Accruals and deferred income

104

46,990

Other creditors

220

36,255

44,879

230,600

 

Frontline K9 Security Ltd

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

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

100

100

100

100

       

8

Dividends

2024

2023

£

£

 

 

The director is recommending a final dividend of £290.00 (2023 - £Nil) per share totalling £29,000.00 (2023 - £Nil). This dividend has not been accrued in the balance sheet.

9

Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

2024
£

2023
£

Remuneration

10,000

-