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REGISTERED NUMBER: 05056886 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Rossells Security Ltd

Rossells Security Ltd (Registered number: 05056886)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rossells Security Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Mr C S Bowles





REGISTERED OFFICE: 6a Heanor Street
Leicester
Leicestershire
LE1 4DB





REGISTERED NUMBER: 05056886 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Rossells Security Ltd (Registered number: 05056886)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 58,099 46,535
58,099 46,535

CURRENT ASSETS
Stocks 55,000 45,000
Debtors 6 116,271 142,777
Cash at bank and in hand 179,768 56,955
351,039 244,732
CREDITORS
Amounts falling due within one year 7 (192,100 ) (116,159 )
NET CURRENT ASSETS 158,939 128,573
TOTAL ASSETS LESS CURRENT
LIABILITIES

217,038

175,108

CREDITORS
Amounts falling due after more than one
year

8

(8,865

)

-

PROVISIONS FOR LIABILITIES (14,525 ) (11,634 )
NET ASSETS 193,648 163,474

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 193,548 163,374
193,648 163,474

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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

Rossells Security Ltd (Registered number: 05056886)

Balance Sheet - continued
31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 April 2025 and were signed by:





Mr C S Bowles - Director


Rossells Security Ltd (Registered number: 05056886)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Rossells Security Ltd 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on reducing balance
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Rossells Security Ltd (Registered number: 05056886)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Hire purchase
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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 138,000
AMORTISATION
At 1 April 2024
and 31 March 2025 138,000
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2024 12,760 4,544 31,610
Additions - - -
At 31 March 2025 12,760 4,544 31,610
DEPRECIATION
At 1 April 2024 8,551 1,191 22,215
Charge for year 597 475 1,331
At 31 March 2025 9,148 1,666 23,546
NET BOOK VALUE
At 31 March 2025 3,612 2,878 8,064
At 31 March 2024 4,209 3,353 9,395

Rossells Security Ltd (Registered number: 05056886)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 69,714 25,997 144,625
Additions 23,415 2,152 25,567
At 31 March 2025 93,129 28,149 170,192
DEPRECIATION
At 1 April 2024 48,549 17,584 98,090
Charge for year 9,339 2,261 14,003
At 31 March 2025 57,888 19,845 112,093
NET BOOK VALUE
At 31 March 2025 35,241 8,304 58,099
At 31 March 2024 21,165 8,413 46,535

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 101,474 129,504
Other debtors 14,797 13,273
116,271 142,777

Other debtors include prepayments of £14,797(2024 - £13,273).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts - 6,667
Hire purchase contracts 6,697 -
Trade creditors 22,871 35,510
Taxation and social security 101,966 59,324
Other creditors 60,566 14,658
192,100 116,159

Other creditors include accruals of £1,625 (2024 - £1,875).

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 8,865 -

Rossells Security Ltd (Registered number: 05056886)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Hire purchase contracts 15,562 -

Hire purchase creditors are secured against the individual assets being so acquired.

10. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £22,984 (2024 - £39,466).