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Registered number: 10926950

Serious Security Systems Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/08/2024

Prepared By:
Lindrick Accountancy Services Limited
205 Outgang Lane
Sheffield
S25 3QY

Serious Security Systems Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/08/2024
DIRECTORS
Mr D Blockley
REGISTERED OFFICE
48 Greenarbour Road
Rotherham
S66 9DB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10926950
ACCOUNTANTS
Lindrick Accountancy Services Limited
205 Outgang Lane
Sheffield
S25 3QY

Serious Security Systems Ltd

ACCOUNTS
FOR THEYEARENDED31/08/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Serious Security Systems Ltd

BALANCE SHEET AT 31/08/2024
20242023
Notes££
FIXED ASSETS
Tangible assets38,55611,040
CURRENT ASSETS
Stock18,87814,878
Debtors528,43316,143
Cash at bank and in hand4206,624
47,73137,645
CREDITORS: Amounts falling due within one year652,23140,304
NET CURRENT LIABILITIES(4,500)(2,659)
TOTAL ASSETS LESS CURRENT LIABILITIES4,0568,381
CREDITORS: Amounts falling due after more than one year73,6556,578
NET ASSETS4011,803
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account3011,703
SHAREHOLDERS' FUNDS4011,803
For the year ending 31/08/2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 20/05/2025 and signed on their behalf by
.............................
Mr D Blockley
Director

Serious Security Systems Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/08/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 15%
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20242023
No.No.
Average number of employees11

Serious Security Systems Ltd

3. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesEquipmentTotal
££££
Cost
At 01/09/202321214,480-14,692
Additions110-247357
At 31/08/202432214,48024715,049
Depreciation
At 01/09/2023323,620-3,652
For the year442,715822,841
At 31/08/2024766,335826,493
Net Book Amounts
At 31/08/20242468,1451658,556
At 31/08/202318010,860-11,040
4. STOCK 20242023
££
Stock comprises:
Stock18,87814,878
18,87814,878
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors-5,244
Directors current account28,43310,899
28,43316,143

Serious Security Systems Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax1,9812,575
VAT9,4417,102
Loans5,8439,025
Credit card14,4743,931
Hire purchase2,9242,924
Trade creditors6,11611,880
Other creditors10,6021,517
Accruals8501,350
52,23140,304
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Hire purchase >1yr3,6556,578
3,6556,578
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100