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REGISTERED NUMBER: 08436340 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

CITIGUARD SECURITY (UK) LTD

CITIGUARD SECURITY (UK) LTD (Registered number: 08436340)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CITIGUARD SECURITY (UK) LTD

Company Information
for the Year Ended 31 March 2024







DIRECTOR: I Awan





REGISTERED OFFICE: 21 The Twenty One Building,
First Floor
Harrow
HA1 4ES





REGISTERED NUMBER: 08436340 (England and Wales)





ACCOUNTANTS: Ahmed & Co
The Twenty One Building
21 Pinner Road
Harrow
HA1 4ES

CITIGUARD SECURITY (UK) LTD (Registered number: 08436340)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,332 15,332
Tangible assets 5 37,755 29,084
50,087 44,416

CURRENT ASSETS
Debtors 6 342,751 387,866
Cash at bank and in hand 7,632 26,128
350,383 413,994
CREDITORS
Amounts falling due within one year 7 304,199 362,350
NET CURRENT ASSETS 46,184 51,644
TOTAL ASSETS LESS CURRENT
LIABILITIES

96,271

96,060

CREDITORS
Amounts falling due after more than
one year

8

32,581

38,501
NET ASSETS 63,690 57,559

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 58,690 52,559
SHAREHOLDERS' FUNDS 63,690 57,559

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

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

The director acknowledges his 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.

CITIGUARD SECURITY (UK) LTD (Registered number: 08436340)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 March 2025 and were signed by:





I Awan - Director


CITIGUARD SECURITY (UK) LTD (Registered number: 08436340)

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

1. STATUTORY INFORMATION

CITIGUARD SECURITY (UK) LTD 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of twelve years.

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.

Computer software is being amortised evenly over its estimated useful life of seven years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


CITIGUARD SECURITY (UK) LTD (Registered number: 08436340)

Notes to the Financial Statements - continued
for the Year Ended 31 March 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.

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 21 (2023 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Computer
Goodwill software Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 11,000 14,000 25,000
AMORTISATION
At 1 April 2023 5,000 4,668 9,668
Amortisation for year 1,000 2,000 3,000
At 31 March 2024 6,000 6,668 12,668
NET BOOK VALUE
At 31 March 2024 5,000 7,332 12,332
At 31 March 2023 6,000 9,332 15,332

CITIGUARD SECURITY (UK) LTD (Registered number: 08436340)

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

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 2,500 29,768 25,113 57,381
Additions 8,323 5,290 - 13,613
At 31 March 2024 10,823 35,058 25,113 70,994
DEPRECIATION
At 1 April 2023 1,399 10,712 16,186 28,297
Charge for year 275 2,435 2,232 4,942
At 31 March 2024 1,674 13,147 18,418 33,239
NET BOOK VALUE
At 31 March 2024 9,149 21,911 6,695 37,755
At 31 March 2023 1,101 19,056 8,927 29,084

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 330,377 374,241
Other debtors 12,374 13,625
342,751 387,866

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 84,556 145,048
Trade creditors 46,602 43,321
Taxation and social security 157,309 136,752
Other creditors 15,732 37,229
304,199 362,350

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 32,581 38,501

9. ULTIMATE CONTROLLING PARTY

The company is fully owned and controlled by the sole director, Irfan Awan.