Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 04013054 Mr Lee Raife Mr Jamie Howard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04013054 2023-06-30 04013054 2024-06-30 04013054 2023-07-01 2024-06-30 04013054 frs-core:CurrentFinancialInstruments 2024-06-30 04013054 frs-core:ComputerEquipment 2024-06-30 04013054 frs-core:ComputerEquipment 2023-07-01 2024-06-30 04013054 frs-core:ComputerEquipment 2023-06-30 04013054 frs-core:MotorVehicles 2024-06-30 04013054 frs-core:MotorVehicles 2023-07-01 2024-06-30 04013054 frs-core:MotorVehicles 2023-06-30 04013054 frs-core:CapitalRedemptionReserve 2024-06-30 04013054 frs-core:ShareCapital 2024-06-30 04013054 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 04013054 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04013054 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 04013054 frs-bus:SmallEntities 2023-07-01 2024-06-30 04013054 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 04013054 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04013054 frs-bus:Director1 2023-07-01 2024-06-30 04013054 frs-bus:Director2 2023-07-01 2024-06-30 04013054 frs-core:CurrentFinancialInstruments 2 2024-06-30 04013054 frs-core:CurrentFinancialInstruments 3 2024-06-30 04013054 frs-core:CurrentFinancialInstruments 4 2024-06-30 04013054 frs-core:CurrentFinancialInstruments 5 2024-06-30 04013054 frs-countries:EnglandWales 2023-07-01 2024-06-30 04013054 2022-06-30 04013054 2023-06-30 04013054 2022-07-01 2023-06-30 04013054 frs-core:CurrentFinancialInstruments 2023-06-30 04013054 frs-core:CapitalRedemptionReserve 2023-06-30 04013054 frs-core:ShareCapital 2023-06-30 04013054 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 04013054 frs-core:CurrentFinancialInstruments 2 2023-06-30 04013054 frs-core:CurrentFinancialInstruments 3 2023-06-30 04013054 frs-core:CurrentFinancialInstruments 4 2023-06-30 04013054 frs-core:CurrentFinancialInstruments 5 2023-06-30
Registered number: 04013054
Serv Security Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
R M Horn & Co
48 Hutton Road
Shenfield
BRENTWOOD
Essex
CM15 8LB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04013054
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 39,826 53,102
Investments 100,000 100,000
139,826 153,102
CURRENT ASSETS
Stocks 5 3,670 3,670
Debtors 6 506,122 519,449
Cash at bank and in hand 34,383 56,327
544,175 579,446
Creditors: Amounts Falling Due Within One Year 7 (647,370 ) (469,074 )
NET CURRENT ASSETS (LIABILITIES) (103,195 ) 110,372
TOTAL ASSETS LESS CURRENT LIABILITIES 36,631 263,474
NET ASSETS 36,631 263,474
CAPITAL AND RESERVES
Called up share capital 8 100 100
Capital redemption reserve 10 10
Profit and Loss Account 36,521 263,364
SHAREHOLDERS' FUNDS 36,631 263,474
Page 1
Page 2
For the year ending 30 June 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jamie Howard
Director
17th March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Serv Security Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04013054 . The registered office is Unit 36 Hornsby Square, Southfields Business Park, Laindon, Essex, SS15 6SD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% reducing on balance
Computer Equipment 25% reducing on balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 3
Page 4
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2023: 17)
17 17
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 July 2023 82,131 9,157 91,288
As at 30 June 2024 82,131 9,157 91,288
Depreciation
As at 1 July 2023 29,516 8,670 38,186
Provided during the period 13,154 122 13,276
As at 30 June 2024 42,670 8,792 51,462
Net Book Value
As at 30 June 2024 39,461 365 39,826
As at 1 July 2023 52,615 487 53,102
Page 4
Page 5
5. Stocks
2024 2023
£ £
Stock 3,670 3,670
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 26,837 41,232
Other debtors - Guardtec Security Ltd 33,042 24,358
Other debtors - Serv IT Ltd 397,989 416,744
MAD Consultancy and Events Limited 22,000 22,000
Other debtors 26,254 15,115
506,122 519,449
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 36,957 25,807
Corporation tax 43 9,508
Other taxes and social security 12,241 13,091
Serv Fire Ltd 213,360 97,275
Serv Electrical 314,760 246,260
Accruals and deferred income 70,009 77,133
647,370 469,074
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5