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Company Registration No. NI666708 (Northern Ireland)
RS 5 Star Security Ltd Unaudited accounts for the year ended 31 December 2024
RS 5 Star Security Ltd Unaudited accounts Contents
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RS 5 Star Security Ltd Company Information for the year ended 31 December 2024
Directors
Seamus McCloskey-Hargan Richard Donnell
Company Number
NI666708 (Northern Ireland)
Registered Office
UNIT 15 AGHANLOO ROAD LIMAVADY BT49 0HE NORTHERN IRELAND
Accountants
Campbell Ritchie Chartered Accountants Ltd 21 Warnocks Lane Coleraine Co. Londonderry BT52 1TH
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RS 5 Star Security Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
30,000 
25,000 
Debtors
252,830 
232,118 
Cash at bank and in hand
149,290 
67,875 
432,120 
324,993 
Creditors: amounts falling due within one year
(259,079)
(211,057)
Net current assets
173,041 
113,936 
Total assets less current liabilities
173,041 
113,936 
Creditors: amounts falling due after more than one year
(28,842)
(36,496)
Net assets
144,199 
77,440 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
144,197 
77,438 
Shareholders' funds
144,199 
77,440 
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 directors acknowledge their 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 of Directors and authorised for issue on 4 March 2025 and were signed on its behalf by
Richard Donnell Director Company Registration No. NI666708
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RS 5 Star Security Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
RS 5 Star Security Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI666708. The registered office is UNIT 15, AGHANLOO ROAD, LIMAVADY, BT49 0HE, NORTHERN IRELAND.
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
25% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
4,000 
52,271 
56,271 
At 31 December 2024
4,000 
52,271 
56,271 
Depreciation
At 1 January 2024
4,000 
52,271 
56,271 
At 31 December 2024
4,000 
52,271 
56,271 
Net book value
At 31 December 2024
- 
- 
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
231,853 
204,325 
Other debtors
20,977 
27,793 
252,830 
232,118 
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RS 5 Star Security Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,209 
6,209 
VAT
46,757 
19,160 
Obligations under finance leases and hire purchase contracts
- 
6,351 
Trade creditors
81,209 
93,629 
Taxes and social security
46,966 
29,519 
Other creditors
15,725 
9,552 
Loans from directors
60,388 
45,937 
Accruals
1,825 
700 
259,079 
211,057 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
28,842 
34,111 
Obligations under finance leases and hire purchase contracts
- 
2,385 
28,842 
36,496 
8
Average number of employees
During the year the average number of employees was 9 (2023: 9).
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