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REGISTERED NUMBER: 03214405 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

ADP SECURITY SYSTEMS LIMITED

ADP SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 03214405)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ADP SECURITY SYSTEMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 August 2024







DIRECTORS: A Day
K Bush



REGISTERED OFFICE: Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX



REGISTERED NUMBER: 03214405 (England and Wales)



ACCOUNTANTS: Traviss & Co Ltd
Chartered Certified Accountants
Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX



BANKERS: Lloyds Bank plc
12 High Street
Haslemere
Surrey
GU27 2JG

ADP SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 03214405)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 106,528 91,421

CURRENT ASSETS
Stocks 5 35,000 50,000
Debtors 6 374,789 305,217
Cash at bank and in hand 60,122 31,200
469,911 386,417
CREDITORS
Amounts falling due within one year 7 454,432 371,860
NET CURRENT ASSETS 15,479 14,557
TOTAL ASSETS LESS CURRENT
LIABILITIES

122,007

105,978

CREDITORS
Amounts falling due after more than one
year

8

(64,461

)

(64,963

)

PROVISIONS FOR LIABILITIES (26,615 ) (18,412 )
NET ASSETS 30,931 22,603

CAPITAL AND RESERVES
Called up share capital 500 500
Capital redemption reserve 300 300
Retained earnings 30,131 21,803
SHAREHOLDERS' FUNDS 30,931 22,603

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

ADP SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 03214405)

BALANCE SHEET - continued
31 August 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 Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by:





K Bush - Director


ADP SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 03214405)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 August 2024


1. STATUTORY INFORMATION

ADP 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.

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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, 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.

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 contributes to money purchase schemes for certain employees. All contributions payable are charged to the profit and loss account for the period they are due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 32 ) .

ADP SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 03214405)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 August 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 111,177 162,500 6,411 280,088
Additions - 69,305 6,165 75,470
Disposals - (39,301 ) - (39,301 )
At 31 August 2024 111,177 192,504 12,576 316,257
DEPRECIATION
At 1 September 2023 108,483 73,774 6,410 188,667
Charge for year 673 33,467 2,055 36,195
Eliminated on disposal - (15,133 ) - (15,133 )
At 31 August 2024 109,156 92,108 8,465 209,729
NET BOOK VALUE
At 31 August 2024 2,021 100,396 4,111 106,528
At 31 August 2023 2,694 88,726 1 91,421

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 September 2023 114,169
Additions 65,793
Disposals (28,306 )
At 31 August 2024 151,656
DEPRECIATION
At 1 September 2023 57,043
Charge for year 26,749
Eliminated on disposal (12,384 )
At 31 August 2024 71,408
NET BOOK VALUE
At 31 August 2024 80,248
At 31 August 2023 57,126

ADP SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 03214405)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 August 2024


5. STOCKS
2024 2023
£    £   
Stocks 25,000 30,000
Work-in-progress 10,000 20,000
35,000 50,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 363,416 297,608
Amounts owed by group undertakings 921 921
Other debtors 10,452 6,688
374,789 305,217

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,484 10,000
Hire purchase contracts 32,659 24,783
Trade creditors 138,433 88,066
Taxation and social security 133,861 84,417
Other creditors 138,995 164,594
454,432 371,860

Included in other creditors is a balance as at 31 August 2024, of £61,901 (2023 - £117,644) due in respect of advances from the factoring company.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 11,183 21,667
Hire purchase contracts 53,278 43,296
64,461 64,963