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REGISTERED NUMBER: 04246863 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 July 2024

for

The Surveillance Group Limited

The Surveillance Group Limited (Registered number: 04246863)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Surveillance Group Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: T C Young
E Barton-Young





SECRETARY: E Barton-Young





REGISTERED OFFICE: Unit 6, Teme House
Whittington Road
Whittington
WORCESTER
WR5 2RY





REGISTERED NUMBER: 04246863 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
140 Coniscliffe Road
DARLINGTON
Co Durham
DL3 7RT

The Surveillance Group Limited (Registered number: 04246863)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,999 1,999
Tangible assets 5 82,187 95,612
84,186 97,611

CURRENT ASSETS
Debtors 6 1,528,327 1,681,403
Cash in hand 2,346 2,857
1,530,673 1,684,260
CREDITORS
Amounts falling due within one year 7 842,177 1,056,182
NET CURRENT ASSETS 688,496 628,078
TOTAL ASSETS LESS CURRENT
LIABILITIES

772,682

725,689

CREDITORS
Amounts falling due after more than one
year

8

33,498

-
NET ASSETS 739,184 725,689

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 739,084 725,589
SHAREHOLDERS' FUNDS 739,184 725,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The Surveillance Group Limited (Registered number: 04246863)

Balance Sheet - continued
31 July 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 January 2025 and were signed on its behalf by:





T C Young - Director


The Surveillance Group Limited (Registered number: 04246863)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

The Surveillance Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There were no material departures from that standard.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' from small companies, not to disclose related party transactions that are transacted at market rates.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - over period of the lease
Plant and machinery - 50% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 50% on cost and 25% on cost
Computer equipment - 33% on cost

Fixed assets are carried at cost less accumulated depreciation.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


The Surveillance Group Limited (Registered number: 04246863)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2023 - 41 ) .

4. INTANGIBLE FIXED ASSETS
Licences
£   
COST
At 1 August 2023
and 31 July 2024 1,999
NET BOOK VALUE
At 31 July 2024 1,999
At 31 July 2023 1,999

The Surveillance Group Limited (Registered number: 04246863)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 August 2023 108,562 7,904 14,360
Additions - - 267
Disposals - - -
At 31 July 2024 108,562 7,904 14,627
DEPRECIATION
At 1 August 2023 72,362 7,904 10,250
Charge for year 36,200 - 1,978
Eliminated on disposal - - -
At 31 July 2024 108,562 7,904 12,228
NET BOOK VALUE
At 31 July 2024 - - 2,399
At 31 July 2023 36,200 - 4,110

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2023 133,343 131,312 395,481
Additions 48,915 20,276 69,458
Disposals (114,525 ) (8,200 ) (122,725 )
At 31 July 2024 67,733 143,388 342,214
DEPRECIATION
At 1 August 2023 95,953 113,400 299,869
Charge for year 10,385 13,939 62,502
Eliminated on disposal (94,144 ) (8,200 ) (102,344 )
At 31 July 2024 12,194 119,139 260,027
NET BOOK VALUE
At 31 July 2024 55,539 24,249 82,187
At 31 July 2023 37,390 17,912 95,612

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 430,836 452,973
Amounts owed by group undertakings 894,188 894,189
Directors' current accounts - 52,789
Prepayments and accrued income 203,303 281,452
1,528,327 1,681,403

The Surveillance Group Limited (Registered number: 04246863)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 502,206 620,625
Hire purchase contracts (see note 9) 8,077 60,019
Trade creditors 96,484 92,464
Taxation and social security 161,887 224,419
Other creditors 7,658 7,438
Accruals and deferred income 65,865 51,217
842,177 1,056,182

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 33,498 -

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 8,077 60,019
Between one and five years 33,498 -
41,575 60,019

Non-cancellable operating leases
2024 2023
£    £   
Within one year 33,966 39,104
Between one and five years 135,864 -
169,830 39,104

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft 502,206 -
Hire purchase contracts 41,575 -
543,781 -

Svenska Handelsbanken Ab (Publ) hold a fixed and floating charge over the company's assets.

Hire Purchase are secured against the assets they relate to.

The Surveillance Group Limited (Registered number: 04246863)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
T C Young
Balance outstanding at start of year 52,789 319,900
Amounts advanced 2,950 148,766
Amounts repaid (55,739 ) (415,877 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 52,789

13. ULTIMATE PARENT COMPANY

The ultimate parent company is Surveillance Holdings Limited, its registered office is Unit 6, Teme House, Whittington Road, Whittington, Worcester, WR5 2RY.