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REGISTERED NUMBER: 04181946 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

RJK SECURITY SYSTEMS LIMITED

RJK SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 04181946)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


RJK SECURITY SYSTEMS LIMITED

COMPANY INFORMATION
for the year ended 30 April 2024







DIRECTOR: Mr R J King





SECRETARY: Mrs S J King





REGISTERED OFFICE: 1 Sovereign Business Centre
Stockingswater Lane
London
EN3 7JX





REGISTERED NUMBER: 04181946 (England and Wales)





ACCOUNTANTS: Raffingers Holdings Limited
Chartered Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

RJK SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 04181946)

ABRIDGED BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,375,919 1,425,428

CURRENT ASSETS
Stocks 490,498 324,387
Debtors 5 348,325 336,795
Cash at bank and in hand 536,880 699,058
1,375,703 1,360,240
CREDITORS
Amounts falling due within one year 729,921 449,534
NET CURRENT ASSETS 645,782 910,706
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,021,701

2,336,134

CREDITORS
Amounts falling due after more than one year (378,572 ) (443,164 )

PROVISIONS FOR LIABILITIES (136,822 ) (110,185 )
NET ASSETS 1,506,307 1,782,785

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 337,482 449,976
Retained earnings 1,168,823 1,332,807
SHAREHOLDERS' FUNDS 1,506,307 1,782,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

RJK SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 04181946)

ABRIDGED BALANCE SHEET - continued
30 April 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 March 2025 and were signed by:





Mr R J King - Director


RJK SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 04181946)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Rjk Security Systems 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 20% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


RJK SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 04181946)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 23 ) .

RJK SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 04181946)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 1,837,763
Additions 7,306
Disposals (16,104 )
At 30 April 2024 1,828,965
DEPRECIATION
At 1 May 2023 412,335
Charge for year 50,021
Eliminated on disposal (9,310 )
At 30 April 2024 453,046
NET BOOK VALUE
At 30 April 2024 1,375,919
At 30 April 2023 1,425,428

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 May 2023
and 30 April 2024 219,348
DEPRECIATION
At 1 May 2023 99,824
Charge for year 29,882
At 30 April 2024 129,706
NET BOOK VALUE
At 30 April 2024 89,642
At 30 April 2023 119,524

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other debtors 69,922 69,922

RJK SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 04181946)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024

6. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 395,765 478,540
Hire purchase contracts 116,664 87,509
512,429 566,049

The Hire Purchase loan was secured against the assets which they relate.

The mortgage bank loan is secured by way of a fixed and floating charge over the properties held by the company.

7. RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed £69,922 (2023: £69,922) by RJK Multiroom Limited, a company is related by virtue of common control.

At the balance sheet date, the company owed £133 (2023: Nil) to the director.