IRIS Accounts Production v25.1.3.33 SC457799 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4577992023-08-31SC4577992024-08-31SC4577992023-09-012024-08-31SC4577992022-08-31SC4577992022-09-012023-08-31SC4577992023-08-31SC457799ns15:Scotland2023-09-012024-08-31SC457799ns14:PoundSterling2023-09-012024-08-31SC457799ns10:Director12023-09-012024-08-31SC457799ns10:PrivateLimitedCompanyLtd2023-09-012024-08-31SC457799ns10:SmallEntities2023-09-012024-08-31SC457799ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-31SC457799ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-31SC457799ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-31SC457799ns10:AbridgedAccounts2023-09-012024-08-31SC457799ns5:CurrentFinancialInstruments2024-08-31SC457799ns5:CurrentFinancialInstruments2023-08-31SC457799ns5:Non-currentFinancialInstruments2024-08-31SC457799ns5:Non-currentFinancialInstruments2023-08-31SC457799ns5:ShareCapital2024-08-31SC457799ns5:ShareCapital2023-08-31SC457799ns5:RetainedEarningsAccumulatedLosses2024-08-31SC457799ns5:RetainedEarningsAccumulatedLosses2023-08-31SC457799ns10:RegisteredOffice2023-09-012024-08-31SC457799ns5:MotorVehicles2023-09-012024-08-31
REGISTERED NUMBER: SC457799 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

SIGHT SOUND & SECURITY SYSTEMS LTD.

SIGHT SOUND & SECURITY SYSTEMS LTD. (REGISTERED NUMBER: SC457799)






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




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


SIGHT SOUND & SECURITY SYSTEMS LTD. (REGISTERED NUMBER: SC457799)

ABRIDGED BALANCE SHEET
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 9,790 12,970

CURRENT ASSETS
Debtors 58,654 56,726
Cash at bank 31,145 40,725
89,799 97,451
CREDITORS
Amounts falling due within one year 98,106 90,337
NET CURRENT (LIABILITIES)/ASSETS (8,307 ) 7,114
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,483

20,084

CREDITORS
Amounts falling due after more than one
year

-

19,664
NET ASSETS 1,483 420

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 1,480 417
SHAREHOLDERS' FUNDS 1,483 420

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

SIGHT SOUND & SECURITY SYSTEMS LTD. (REGISTERED NUMBER: SC457799)

ABRIDGED BALANCE SHEET - continued
31 August 2024



The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by:





J R Milliken - Director


SIGHT SOUND & SECURITY SYSTEMS LTD. (REGISTERED NUMBER: SC457799)

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

1. STATUTORY INFORMATION

Sight Sound & Security Systems Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC457799

Registered office: 22 Backbrae Street
Kilsyth
Glasgow
G65 0NH

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 and revenue recognition
Turnover represents net invoiced sales of home sound and security systems, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

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 reducing balance

Financial instruments
The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial instruments are initially recognised at transaction value and subsequently measured at their
settlement value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

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 5 (2023 - 5 ) .

SIGHT SOUND & SECURITY SYSTEMS LTD. (REGISTERED NUMBER: SC457799)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023
and 31 August 2024 57,724
DEPRECIATION
At 1 September 2023 44,754
Charge for year 3,180
At 31 August 2024 47,934
NET BOOK VALUE
At 31 August 2024 9,790
At 31 August 2023 12,970

5. ULTIMATE CONTROLLING PARTY

The controlling party is F Milliken.

The ultimate controlling party is F Milliken.