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REGISTERED NUMBER: 01859307 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SECURE SERVICES LIMITED

SECURE SERVICES LIMITED (REGISTERED NUMBER: 01859307)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SECURE SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTORS: N Smith
S Turner-Smith





SECRETARY: E Smith





REGISTERED OFFICE: Westington Close
Westington
Chipping Campden
Gloucestershire
GL55 6EG





REGISTERED NUMBER: 01859307 (England and Wales)





ACCOUNTANTS: Kingscott Dix (Cheltenham) Limited
7 Rockfield Business Park
Old Station Drive
Leckhampton
Cheltenham
GL53 0AN

SECURE SERVICES LIMITED (REGISTERED NUMBER: 01859307)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 182 243
Investments 5 654,246 589,260
Investment property 6 32,350 1,532,350
686,778 2,121,853

CURRENT ASSETS
Debtors 7 996,159 2,489,357
Cash at bank and in hand 2,854,866 1,628,618
3,851,025 4,117,975
CREDITORS
Amounts falling due within one year 8 (188,726 ) (83,953 )
NET CURRENT ASSETS 3,662,299 4,034,022
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,349,077

6,155,875

CREDITORS
Amounts falling due after more than one
year

9

-

(1,301,668

)

PROVISIONS FOR LIABILITIES 10 (28,400 ) (249,600 )
NET ASSETS 4,320,677 4,604,607

CAPITAL AND RESERVES
Called up share capital 11 60,135 60,135
Share premium 12 175,904 175,904
Capital redemption reserve 12 60,020 60,020
Retained earnings 12 4,024,618 4,308,548
SHAREHOLDERS' FUNDS 4,320,677 4,604,607

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

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

SECURE SERVICES LIMITED (REGISTERED NUMBER: 01859307)

BALANCE SHEET - continued
31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2025 and were signed on its behalf by:





N Smith - Director


SECURE SERVICES LIMITED (REGISTERED NUMBER: 01859307)

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

1. STATUTORY INFORMATION

Secure Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Significant judgements and estimates
Significant judgements and estimations are involved in the valuation of investment property by the directors at the year end.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

SECURE SERVICES LIMITED (REGISTERED NUMBER: 01859307)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only has financial assets and financial 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 5,030 304 5,334
DEPRECIATION
At 1 January 2024 5,030 61 5,091
Charge for year - 61 61
At 31 December 2024 5,030 122 5,152
NET BOOK VALUE
At 31 December 2024 - 182 182
At 31 December 2023 - 243 243

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2024 589,260
Revaluations 64,986
At 31 December 2024 654,246
NET BOOK VALUE
At 31 December 2024 654,246
At 31 December 2023 589,260

SECURE SERVICES LIMITED (REGISTERED NUMBER: 01859307)

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

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 December 2024 is represented by:

Other
investments
£   
Valuation in 2022 7,073
Valuation in 2023 43,026
Valuation in 2024 64,987
Cost 539,160
654,246

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 1,532,350
Disposals (1,500,000 )
At 31 December 2024 32,350
NET BOOK VALUE
At 31 December 2024 32,350
At 31 December 2023 1,532,350

7. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 26,139 44,851
Other debtors 176,554 -
Prepayments - 1,040
202,693 45,891

Amounts falling due after more than one year:
Other debtors 793,466 2,443,466

Aggregate amounts 996,159 2,489,357

SECURE SERVICES LIMITED (REGISTERED NUMBER: 01859307)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 10,381 7,370
Tax 131,779 -
Social security and other taxes 8,350 658
VAT 2,118 9,537
Other creditors 36,098 66,388
188,726 83,953

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors - 1,301,668

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 28,400 249,600

Deferred
tax
£   
Balance at 1 January 2024 249,600
Provided during year (221,200 )
Balance at 31 December 2024 28,400

11. CALLED UP SHARE CAPITAL

The share capital of the company is comprised of 60,000 Ordinary shares, 94 Ordinary A shares, 25 Ordinary C shares, and 16 Ordinary E shares.

The Ordinary shares have full voting and capital rights. The Ordinary A, Ordinary C, and Ordinary E Shares are non voting.

SECURE SERVICES LIMITED (REGISTERED NUMBER: 01859307)

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

12. RESERVES
Capital
Retained Share redemption
earnings premium reserve Totals
£    £    £    £   

At 1 January 2024 4,308,548 175,904 60,020 4,544,472
Deficit for the year (238,930 ) - - (238,930 )
Dividends (45,000 ) - - (45,000 )
At 31 December 2024 4,024,618 175,904 60,020 4,260,542

The company has recognised the following reserves:

Share premium is comprised of amounts paid for shares in excess of their nominal value.

Capital redemption reserve is comprised of amounts paid on a redemption of shares.

Retained earnings are comprised of accumulated total comprehensive income, less dividends. This reserve includes £115,086 (2023 - £1,040,100) of unrealised gains, which are not distributable.

13. RELATED PARTY DISCLOSURES

At the year end the company was owed £793,466 (2023 - £793,465) by a company controlled by a director. Interest of 5% per annum is applied to the loan. There is no set date for repayment.

All dividends paid during the year were to the directors.

14. ULTIMATE CONTROLLING PARTY

The controlling party is N Smith.