Company Registration No. 12445536 (England and Wales)
Ft Security Systems Limited
Unaudited accounts
for the year ended 31 March 2025
Ft Security Systems Limited
Unaudited accounts
Contents
Ft Security Systems Limited
Company Information
for the year ended 31 March 2025
Director
Mark Andrew Blackwell
Company Number
12445536 (England and Wales)
Registered Office
Office 36 Basepoint
Premier Way Abbey Park Industrial Estate
Romsey
SO51 9AQ
United Kingdom
Accountants
Power Accountax Limited
Mailbox 3, Solent Business Centre
343 Millbrook Road West
Southampton
SO15 0HW
Ft Security Systems Limited
Statement of financial position
as at 31 March 2025
Intangible assets
150,000
150,000
Tangible assets
38,356
29,255
Cash at bank and in hand
10,769
654
Creditors: amounts falling due within one year
(154,474)
(67,663)
Net current assets
203,852
233,518
Total assets less current liabilities
392,208
412,773
Creditors: amounts falling due after more than one year
(434,357)
(542,794)
Net liabilities
(42,149)
(130,021)
Called up share capital
1
1
Profit and loss account
(42,150)
(130,022)
Shareholders' funds
(42,149)
(130,021)
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 May 2025 and were signed on its behalf by
Mark Andrew Blackwell
Director
Company Registration No. 12445536
Ft Security Systems Limited
Notes to the Accounts
for the year ended 31 March 2025
Ft Security Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 12445536. The registered office is Office 36 Basepoint, Premier Way Abbey Park Industrial Estate, Romsey, SO51 9AQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line Method
Motor vehicles
33% Straight Line Method
Fixtures & fittings
33% Straight Line Method
Computer equipment
33% Straight Line Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Ft Security Systems Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
65,471
41,053
12,049
23,833
142,406
Additions
40,741
-
-
-
40,741
Disposals
-
(19,990)
-
-
(19,990)
At 31 March 2025
106,212
21,063
12,049
23,833
163,157
At 1 April 2024
49,388
29,556
11,946
22,261
113,151
Charge for the year
21,275
6,162
103
1,572
29,112
On disposals
-
(17,462)
-
-
(17,462)
At 31 March 2025
70,663
18,256
12,049
23,833
124,801
At 31 March 2025
35,549
2,807
-
-
38,356
At 31 March 2024
16,083
11,497
103
1,572
29,255
Amounts falling due within one year
Trade debtors
12,567
30,909
Amounts due from group undertakings etc.
324,358
146,886
Accrued income and prepayments
-
4,995
Other debtors
6,750
117,737
7
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
580
7,922
Trade creditors
25,669
33,617
Taxes and social security
91,702
26,124
8
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
434,357
542,794
9
Transactions with related parties
The company owes the Director Mark Blackwell £434,357
10
Average number of employees
During the year the average number of employees was 4 (2024: 6).