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REGISTERED NUMBER: 05328060 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

ELECTRONIC SECURITY INSTALLATIONS LTD

ELECTRONIC SECURITY INSTALLATIONS LTD (REGISTERED NUMBER: 05328060)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ELECTRONIC SECURITY INSTALLATIONS LTD

COMPANY INFORMATION
for the Year Ended 31 October 2024







DIRECTORS: D Barnes
L Russo





REGISTERED OFFICE: Crown House Bingswood Trading Estate
Whaley Bridge
High Peak
SK23 7LY





REGISTERED NUMBER: 05328060 (England and Wales)





ACCOUNTANTS: RfM Preston Ltd
Chartered Accountants
Unit 1, Guest House Farm
Runshaw Lane
Euxton
Chorley
Lancashire
PR7 6HD

ELECTRONIC SECURITY INSTALLATIONS LTD (REGISTERED NUMBER: 05328060)

STATEMENT OF FINANCIAL POSITION
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 56,794

CURRENT ASSETS
Stocks 5 - 29,369
Debtors 6 110,169 938,046
Cash at bank 3,755 167,998
113,924 1,135,413
CREDITORS
Amounts falling due within one year 7 2,500 167,145
NET CURRENT ASSETS 111,424 968,268
TOTAL ASSETS LESS CURRENT LIABILITIES 111,424 1,025,062

PROVISIONS FOR LIABILITIES 8 - 6,850
NET ASSETS 111,424 1,018,212

CAPITAL AND RESERVES
Called up share capital 9 20 20
Capital redemption reserve 3 3
Retained earnings 111,401 1,018,189
SHAREHOLDERS' FUNDS 111,424 1,018,212

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ELECTRONIC SECURITY INSTALLATIONS LTD (REGISTERED NUMBER: 05328060)

STATEMENT OF FINANCIAL POSITION - continued
31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by:





D Barnes - Director


ELECTRONIC SECURITY INSTALLATIONS LTD (REGISTERED NUMBER: 05328060)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Electronic Security Installations Ltd 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.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
The financial statements contain information about Electronic Security Installations Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

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

Stocks and work in progress are stated at the lower of cost and estimated costs to complete and sell, 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.

Estimated selling price less costs to complete and sell is based on the estimated selling price of the goods less any estimated completion or selling costs likely to be incurred on the sale.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


ELECTRONIC SECURITY INSTALLATIONS LTD (REGISTERED NUMBER: 05328060)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 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 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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2023 10,097 7,858 211,540 23,029 252,524
Disposals (10,097 ) (7,858 ) (211,540 ) (23,029 ) (252,524 )
At 31 October 2024 - - - - -
DEPRECIATION
At 1 November 2023 7,390 5,592 168,805 13,943 195,730
Eliminated on disposal (7,390 ) (5,592 ) (168,805 ) (13,943 ) (195,730 )
At 31 October 2024 - - - - -
NET BOOK VALUE
At 31 October 2024 - - - - -
At 31 October 2023 2,707 2,266 42,735 9,086 56,794

ELECTRONIC SECURITY INSTALLATIONS LTD (REGISTERED NUMBER: 05328060)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Motor
vehicles
£   
COST
At 1 November 2023 27,310
Disposals (27,310 )
At 31 October 2024 -
DEPRECIATION
At 1 November 2023 29,705
Eliminated on disposal (29,705 )
At 31 October 2024 -
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 (2,395 )

5. STOCKS
2024 2023
£    £   
Stocks - 29,369

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 140,873
Amounts owed by group undertakings 110,169 761,174
Other debtors - 7,050
Prepayments - 28,949
110,169 938,046

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 41,125
Corporation tax - 80,349
Social security and other taxes - 38,996
Other creditors - 1,262
Accruals and deferred income 2,500 -
Accrued expenses - 5,413
2,500 167,145

ELECTRONIC SECURITY INSTALLATIONS LTD (REGISTERED NUMBER: 05328060)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances - 6,850

Deferred
tax
£   
Balance at 1 November 2023 6,850
Credit to Statement of Income and Retained Earnings during year (6,850 )
Accelerated capital allowances
Balance at 31 October 2024 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
20 Ordinary £1 20 20

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the parent company, Black Box Investments Limited; Poplar Court,.

The Parent companies address is Poplar Court, 1A Chorley North Industrial Park, Drumhead Road, Chorley, PR6 7BX.