IRIS Accounts Production v24.3.0.553 06648412 director 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066484122023-07-31066484122024-07-31066484122023-08-012024-07-31066484122022-07-31066484122022-08-012023-07-31066484122023-07-3106648412ns15:EnglandWales2023-08-012024-07-3106648412ns14:PoundSterling2023-08-012024-07-3106648412ns10:Director12023-08-012024-07-3106648412ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3106648412ns10:SmallEntities2023-08-012024-07-3106648412ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3106648412ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3106648412ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3106648412ns10:FullAccounts2023-08-012024-07-3106648412ns10:CompanySecretary12023-08-012024-07-3106648412ns10:RegisteredOffice2023-08-012024-07-3106648412ns5:CurrentFinancialInstruments2024-07-3106648412ns5:CurrentFinancialInstruments2023-07-3106648412ns5:Non-currentFinancialInstruments2024-07-3106648412ns5:Non-currentFinancialInstruments2023-07-3106648412ns5:ShareCapital2024-07-3106648412ns5:ShareCapital2023-07-3106648412ns5:RetainedEarningsAccumulatedLosses2024-07-3106648412ns5:RetainedEarningsAccumulatedLosses2023-07-3106648412ns5:LandBuildings2023-07-3106648412ns5:PlantMachinery2023-07-3106648412ns5:LandBuildings2023-08-012024-07-3106648412ns5:PlantMachinery2023-08-012024-07-3106648412ns5:LandBuildings2024-07-3106648412ns5:PlantMachinery2024-07-3106648412ns5:LandBuildings2023-07-3106648412ns5:PlantMachinery2023-07-3106648412ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3106648412ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31
REGISTERED NUMBER: 06648412 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

S W Security Limited

S W Security Limited (Registered number: 06648412)






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


S W Security Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: S R Wilkins





SECRETARY: Mrs V M Wilkins





REGISTERED OFFICE: Hall Green
London Road
Wickford
Essex
SS11 8SA





REGISTERED NUMBER: 06648412 (England and Wales)





ACCOUNTANTS: Sygma Chartered Accountants
1 Sopwith Crescent
Wickford
Essex
SS11 8YU

S W Security Limited (Registered number: 06648412)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 71,583 32,906

CURRENT ASSETS
Stocks 71,136 74,646
Debtors 5 303,885 163,674
Cash at bank 363,280 360,544
738,301 598,864
CREDITORS
Amounts falling due within one year 6 238,833 259,415
NET CURRENT ASSETS 499,468 339,449
TOTAL ASSETS LESS CURRENT
LIABILITIES

571,051

372,355

CREDITORS
Amounts falling due after more than
one year

7

25,815

40,475
NET ASSETS 545,236 331,880

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 545,134 331,778
SHAREHOLDERS' FUNDS 545,236 331,880

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 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.

S W Security Limited (Registered number: 06648412)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 April 2025 and were signed by:





S R Wilkins - Director


S W Security Limited (Registered number: 06648412)

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

1. STATUTORY INFORMATION

S W Security 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.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

S W Security Limited (Registered number: 06648412)

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

2. ACCOUNTING POLICIES - continued

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 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2023 8,324 75,987 84,311
Additions - 61,339 61,339
At 31 July 2024 8,324 137,326 145,650
DEPRECIATION
At 1 August 2023 2,331 49,074 51,405
Charge for year 599 22,063 22,662
At 31 July 2024 2,930 71,137 74,067
NET BOOK VALUE
At 31 July 2024 5,394 66,189 71,583
At 31 July 2023 5,993 26,913 32,906

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 303,885 163,674

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 10,378 10,110
Hire purchase contracts 4,392 4,392
Trade creditors 68,015 127,312
Taxation and social security 132,696 114,780
Other creditors 23,352 2,821
238,833 259,415

S W Security Limited (Registered number: 06648412)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 8,578 18,846
Hire purchase contracts 17,237 21,629
25,815 40,475