Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false142023-08-01No description of principal activity12falsetruefalse 03800134 2023-08-01 2024-07-31 03800134 2022-08-01 2023-07-31 03800134 2024-07-31 03800134 2023-07-31 03800134 c:Director1 2023-08-01 2024-07-31 03800134 d:PlantMachinery 2023-08-01 2024-07-31 03800134 d:PlantMachinery 2024-07-31 03800134 d:PlantMachinery 2023-07-31 03800134 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03800134 d:MotorVehicles 2023-08-01 2024-07-31 03800134 d:MotorVehicles 2024-07-31 03800134 d:MotorVehicles 2023-07-31 03800134 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03800134 d:FurnitureFittings 2023-08-01 2024-07-31 03800134 d:FurnitureFittings 2024-07-31 03800134 d:FurnitureFittings 2023-07-31 03800134 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03800134 d:OfficeEquipment 2023-08-01 2024-07-31 03800134 d:OfficeEquipment 2024-07-31 03800134 d:OfficeEquipment 2023-07-31 03800134 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03800134 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03800134 d:CurrentFinancialInstruments 2024-07-31 03800134 d:CurrentFinancialInstruments 2023-07-31 03800134 d:Non-currentFinancialInstruments 2024-07-31 03800134 d:Non-currentFinancialInstruments 2023-07-31 03800134 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 03800134 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 03800134 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 03800134 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 03800134 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-07-31 03800134 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-07-31 03800134 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-07-31 03800134 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-07-31 03800134 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-07-31 03800134 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-07-31 03800134 d:ShareCapital 2024-07-31 03800134 d:ShareCapital 2023-07-31 03800134 d:RetainedEarningsAccumulatedLosses 2024-07-31 03800134 d:RetainedEarningsAccumulatedLosses 2023-07-31 03800134 c:FRS102 2023-08-01 2024-07-31 03800134 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 03800134 c:FullAccounts 2023-08-01 2024-07-31 03800134 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 03800134 d:AcceleratedTaxDepreciationDeferredTax 2024-07-31 03800134 d:AcceleratedTaxDepreciationDeferredTax 2023-07-31 03800134 d:TaxLossesCarry-forwardsDeferredTax 2024-07-31 03800134 d:TaxLossesCarry-forwardsDeferredTax 2023-07-31 03800134 2 2023-08-01 2024-07-31 03800134 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 03800134










SERJEANT SECURITY LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
SERJEANT SECURITY LTD
REGISTERED NUMBER: 03800134

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,108
12,361

Current assets
  

Debtors: amounts falling due within one year
 5 
348,501
621,708

Cash at bank and in hand
 6 
72,478
13,805

  
420,979
635,513

Creditors: Amounts Falling Due Within One Year
 7 
(395,180)
(442,384)

Net current assets
  
 
 
25,799
 
 
193,129

Total assets less current liabilities
  
30,907
205,490

Creditors: amounts falling due after more than one year
 8 
(27,398)
(32,843)

Provisions for liabilities
  

Deferred tax
 10 
-
(2,349)

  
 
 
-
 
 
(2,349)

Net assets
  
3,509
170,298


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
3,409
170,198

  
3,509
170,298


Page 1

 
SERJEANT SECURITY LTD
REGISTERED NUMBER: 03800134

BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


................................................
D C Scrivens
Director

Date: 26 March 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
SERJEANT SECURITY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Serjeant Security Ltd is a company limited by shares and registered in England & Wales. Its registered office is Trinity House, 3 Bullace Lane, Dartford, Kent DA1 1BB.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
SERJEANT SECURITY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
SERJEANT SECURITY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant & machinery
-
25%
on a reducing balance basis
Motor vehicles
-
25%
on a reducing balance basis
Fixtures & fittings
-
25%
on a reducing balance basis
Office equipment
-
25%
on a reducing balance basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 12 (2023 - 14).

Page 5

 
SERJEANT SECURITY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets





Plant & machinery
Motor vehicles
Fixtures & fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 August 2023
22,950
38,166
10,498
27,954
99,568


Disposals
-
(38,166)
-
-
(38,166)



At 31 July 2024

22,950
-
10,498
27,954
61,402



Depreciation


At 1 August 2023
16,898
32,616
10,479
27,214
87,207


Charge for the year on owned assets
1,513
-
5
185
1,703


Disposals
-
(32,616)
-
-
(32,616)



At 31 July 2024

18,411
-
10,484
27,399
56,294



Net book value



At 31 July 2024
4,539
-
14
555
5,108



At 31 July 2023
6,052
5,550
19
740
12,361


5.


Debtors

2024
2023
£
£


Trade debtors
345,909
619,116

Prepayments and accrued income
2,592
2,592

348,501
621,708



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
72,478
13,805


Page 6

 
SERJEANT SECURITY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
5,556
5,556

Payments received on account
17,897
17,897

Trade creditors
323,575
334,115

Other taxation and social security
16,520
47,462

Other creditors
31,632
37,354

395,180
442,384



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
27,398
32,843

27,398
32,843



9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
5,556
5,556

Amounts falling due 1-2 years

Bank loans
5,556
5,556

Amounts falling due 2-5 years

Bank loans
16,667
16,667

Amounts falling due after more than 5 years

Bank loans
5,176
10,621

32,955
38,400


Page 7

 
SERJEANT SECURITY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

10.


Deferred taxation




2024


£






At beginning of year
(2,349)


Charged to profit or loss
2,349



At end of year
-

The deferred taxation balance is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(971)
(2,349)

Tax losses carried forward
971
-

-
(2,349)


11.


Pension commitments

The Company operate defined contribution pension schemes. The assets of the schemes are held separately from those of the Company in independently administered funds. The pension cost charge represents contributions payable by the Company to the fund and amounted to £46,428 (2023 - £44,364). Contributions totalling £3,607 (2023 - £3,779) were payable to the fund at the balance sheet date and are included in creditors.


Page 8