REGISTERED NUMBER: 02176403 (England and Wales)

Financial Statements for the Year Ended 30 September 2024

for

Beta Security Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Skorochod

SECRETARY:

Mrs S Skorochod

REGISTERED OFFICE:

Kingsbury House

468 Church Lane

Kingsbury

London

NW9 8UA

REGISTERED NUMBER:

02176403 (England and Wales)

ACCOUNTANTS:

Duboff & Co

Kingsbury House

468 Church Lane

London

NW9 8UA

FIXED ASSETS

Tangible assets

4

67,239

61,690

CURRENT ASSETS

Stocks

20,000

66,500

Debtors

5

182,000

85,944

Cash at bank

52

7,321

202,052

159,765

CREDITORS

Amounts falling due within one year

6

245,300

197,737

NET CURRENT LIABILITIES

(43,248

)

(37,972

)

TOTAL ASSETS LESS CURRENT LIABILITIES

23,991

23,718

CREDITORS

Amounts falling due after more than one year

7

12,314

20,833

NET ASSETS

11,677

2,885

CAPITAL AND RESERVES

Called up share capital

8

3,500

3,500

Share premium

31,502

31,502

Retained earnings

(23,325

)

(32,117

)

SHAREHOLDERS' FUNDS

11,677

2,885

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

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 19 June 2025 and were signed by:

G Skorochod - Director

1.	STATUTORY INFORMATION

Beta Security 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 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.

Computer equipment

25 % reducing balance

Furniture and equipment

25 % reducing balance

Motor vehicles

15 % reducing balance

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.

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 9 (2023 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Vans

Totals

£

£

£

£

COST

At 1 October 2023

72,481

13,826

75,795

162,102

Additions

3,469

-

16,819

20,288

Disposals

-

-

(4,392

)

(4,392

)

At 30 September 2024

75,950

13,826

88,222

177,998

DEPRECIATION

At 1 October 2023

69,965

13,694

16,753

100,412

Charge for year

1,524

33

13,751

15,308

Eliminated on disposal

-

-

(4,961

)

(4,961

)

At 30 September 2024

71,489

13,727

25,543

110,759

NET BOOK VALUE

At 30 September 2024

4,461

99

62,679

67,239

At 30 September 2023

2,516

132

59,042

61,690

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

151,114

55,657

Amounts owed by participating interests

264

-

Other debtors

30,622

30,287

182,000

85,944

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

1,685

-

Trade creditors

146,490

160,874

Amounts owed to participating interests

-

576

Taxation and social security

46,196

26,256

Other creditors

50,929

10,031

245,300

197,737

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

12,314

20,833

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

3,000

Ordinary shares

£1

3,500

3,500