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REGISTERED NUMBER: 01805191 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 30 April 2025

for

G.D. Security Systems Limited

G.D. Security Systems Limited (Registered number: 01805191)






Contents of the Financial Statements
for the Year Ended 30 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G.D. Security Systems Limited

Company Information
for the Year Ended 30 April 2025







DIRECTOR: C Antoniou





REGISTERED OFFICE: 16 Beaufort Court
Admirals Way
Docklands
London
E14 9XL





REGISTERED NUMBER: 01805191 (England and Wales)





ACCOUNTANTS: RBS Accountants Limited
16 Beaufort Court
Admirals Way
London
Docklands
London
E14 9XL

G.D. Security Systems Limited (Registered number: 01805191)

Balance Sheet
30 April 2025

30.4.25 30.4.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 64,390 101,641

CURRENT ASSETS
Stocks 16,463 8,432
Debtors 5 415,894 312,013
Cash at bank 500,387 588,625
932,744 909,070
CREDITORS
Amounts falling due within one year 6 508,036 533,442
NET CURRENT ASSETS 424,708 375,628
TOTAL ASSETS LESS CURRENT
LIABILITIES

489,098

477,269

CREDITORS
Amounts falling due after more than one
year

7

118,583

18,862
NET ASSETS 370,515 458,407

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 360,515 448,407
SHAREHOLDERS' FUNDS 370,515 458,407

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

G.D. Security Systems Limited (Registered number: 01805191)

Balance Sheet - continued
30 April 2025


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 21 May 2025 and were signed by:





C Antoniou - Director


G.D. Security Systems Limited (Registered number: 01805191)

Notes to the Financial Statements
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

G.D. Security Systems 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 represents net invoiced value of goods and services excluding value added tax. Income is recognised as services are performed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
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
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred income
Income has been deferred where the sales invoiced value of services in the year covers a period, which extends beyond the year end.

Pensions
The company contributes to individual employee's workplace pension plans. Contributions payable are charged to the income statement in the period to which they relate to. The assets of the plan are held separately from those of the company in independently administered funds.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 6 ) .

G.D. Security Systems Limited (Registered number: 01805191)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Long and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2024 19,150 6,415 334,283 133,929 493,777
Additions - 317 - 949 1,266
Disposals - - (235,215 ) - (235,215 )
At 30 April 2025 19,150 6,732 99,068 134,878 259,828
DEPRECIATION
At 1 May 2024 7,660 2,566 275,977 105,933 392,136
Charge for year 3,830 1,346 24,766 8,574 38,516
Eliminated on disposal - - (235,214 ) - (235,214 )
At 30 April 2025 11,490 3,912 65,529 114,507 195,438
NET BOOK VALUE
At 30 April 2025 7,660 2,820 33,539 20,371 64,390
At 30 April 2024 11,490 3,849 58,306 27,996 101,641

5. DEBTORS
30.4.25 30.4.24
£    £   
Amounts falling due within one year:
Trade debtors 405,445 160,352
Prepayments 10,449 12,193
415,894 172,545

Amounts falling due after more than one year:
Amounts owed by group undertakings - 139,468

Aggregate amounts 415,894 312,013

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Hire purchase contracts (see note 8) 11,087 19,080
Trade creditors 101,541 72,370
Tax 70,264 64,162
Social security and other taxes 4,272 7,174
VAT 61,782 27,771
Other creditors 2,267 24,329
Deferred income 179,033 250,148
Accrued expenses 77,790 68,408
508,036 533,442

G.D. Security Systems Limited (Registered number: 01805191)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.25 30.4.24
£    £   
Hire purchase contracts (see note 8) 2,242 12,712
Amounts owed to group undertakings 110,191 -
Provision for dilapidations 6,150 6,150
118,583 18,862

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.4.25 30.4.24
£    £   
Net obligations repayable:
Within one year 11,087 19,080
Between one and five years 2,242 12,712
13,329 31,792

9. RELATED PARTY DISCLOSURES

During the year the company has declared dividends of £270,000 (2023 -£285,000) .

10. ULTIMATE CONTROLLING PARTY

The controlling party is OCL.

The ultimate controlling party is Bill Davis & Associates LLC.