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REGISTERED NUMBER: 05777520 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

NATIONWIDE CCTV SERVICES LIMITED

NATIONWIDE CCTV SERVICES LIMITED (REGISTERED NUMBER: 05777520)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

NATIONWIDE CCTV SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTOR: D Harris





REGISTERED OFFICE: Langley House
Park Road
London
N2 8EY





REGISTERED NUMBER: 05777520 (England and Wales)





ACCOUNTANTS: Accura Accountants Ltd
Langley House
Park Road
East Finchley
London
N2 8EY

NATIONWIDE CCTV SERVICES LIMITED (REGISTERED NUMBER: 05777520)

STATEMENT OF FINANCIAL POSITION
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,032 732

CURRENT ASSETS
Stocks 162,500 162,500
Debtors 5 287,376 401,285
Cash at bank and in hand 179 6,075
450,055 569,860
CREDITORS
Amounts falling due within one year 6 400,032 350,985
NET CURRENT ASSETS 50,023 218,875
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,055

219,607

CREDITORS
Amounts falling due after more than one
year

7

12,231

22,435
NET ASSETS 38,824 197,172

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Retained earnings (61,176 ) 97,172
38,824 197,172

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.

NATIONWIDE CCTV SERVICES LIMITED (REGISTERED NUMBER: 05777520)

STATEMENT OF FINANCIAL POSITION - 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.

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 16 April 2025 and were signed by:





D Harris - Director


NATIONWIDE CCTV SERVICES LIMITED (REGISTERED NUMBER: 05777520)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Nationwide CCTV Services 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the sale of goods and services are recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, or when the service has been provided. The amount of revenue must be able to be measured reliably, it is considered probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.


NATIONWIDE CCTV SERVICES LIMITED (REGISTERED NUMBER: 05777520)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Impairment
A review of indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversals at each reporting date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 May 2023 18,294
Additions 644
At 30 April 2024 18,938
DEPRECIATION
At 1 May 2023 17,562
Charge for year 344
At 30 April 2024 17,906
NET BOOK VALUE
At 30 April 2024 1,032
At 30 April 2023 732

NATIONWIDE CCTV SERVICES LIMITED (REGISTERED NUMBER: 05777520)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 236,580 223,089
Amounts owed by group undertakings 24,064 37,556
Other debtors 26,732 140,640
287,376 401,285

Included in other debtors due within one year are prepayments of £26,492 (2023: £21,772)

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 45,820 41,212
Trade creditors 64,962 50,559
Taxation and social security 270,735 211,598
Other creditors 18,515 47,616
400,032 350,985

Included within other creditors are accruals of £12,000 (2023: £10,376).

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 12,231 22,435

8. RELATED PARTY DISCLOSURES

In other debtors due within one year is a balance of £Nil (2023: £26,084), due from Protect Hearts Limited, a company who owns 50% of the share capital in Nationwide CCTV Services Limited. This has been provided on an interest free basis and is repayable on demand.

9. ULTIMATE CONTROLLING PARENT

Nationwide CCTV Services Limited is a fully owned subsidiary of parent company Hearts Investments Limited, a company registered in England and Wales, whose registered office is Langley House, Park Road, East Finchley, London, N2 8EY.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
NATIONWIDE CCTV SERVICES LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Nationwide CCTV Services Limited for the year ended 30 April 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Nationwide CCTV Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Nationwide CCTV Services Limited and state those matters that we have agreed to state to the director of Nationwide CCTV Services Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Nationwide CCTV Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Nationwide CCTV Services Limited. You consider that Nationwide CCTV Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Nationwide CCTV Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Accura Accountants Ltd
Langley House
Park Road
East Finchley
London
N2 8EY


16 April 2025