23 27 Added Security Technology (London) Limited 05762762 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is security system design and installation Digita Accounts Production Advanced 6.30.9574.0 true false true 05762762 2023-10-01 2024-09-30 05762762 2024-09-30 05762762 core:CurrentFinancialInstruments 2024-09-30 05762762 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 05762762 core:BetweenTwoFiveYears 2024-09-30 05762762 core:WithinOneYear 2024-09-30 05762762 core:MotorVehicles 2024-09-30 05762762 core:PlantMachinery 2024-09-30 05762762 bus:SmallEntities 2023-10-01 2024-09-30 05762762 bus:Audited 2023-10-01 2024-09-30 05762762 bus:FilletedAccounts 2023-10-01 2024-09-30 05762762 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 05762762 bus:RegisteredOffice 2023-10-01 2024-09-30 05762762 bus:Director3 2023-10-01 2024-09-30 05762762 bus:Director6 2023-10-01 2024-09-30 05762762 bus:Director7 2023-10-01 2024-09-30 05762762 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05762762 bus:Agent1 2023-10-01 2024-09-30 05762762 core:LandBuildings 2023-10-01 2024-09-30 05762762 core:MotorVehicles 2023-10-01 2024-09-30 05762762 core:PlantMachinery 2023-10-01 2024-09-30 05762762 1 2023-10-01 2024-09-30 05762762 countries:AllCountries 2023-10-01 2024-09-30 05762762 2023-09-30 05762762 core:MotorVehicles 2023-09-30 05762762 core:PlantMachinery 2023-09-30 05762762 2022-10-01 2023-09-30 05762762 2023-09-30 05762762 core:CurrentFinancialInstruments 2023-09-30 05762762 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 05762762 core:BetweenTwoFiveYears 2023-09-30 05762762 core:WithinOneYear 2023-09-30 05762762 core:MotorVehicles 2023-09-30 05762762 core:PlantMachinery 2023-09-30 xbrli:pure iso4217:GBP

Registration number: 05762762

Added Security Technology (London) Limited

Filleted Financial Statements

for the Year Ended 30 September 2024

 

Added Security Technology (London) Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 7

 

Added Security Technology (London) Limited

Company Information

Directors

A J Wheal

M L Wheeler

P E Miller

Registered office

4 Swanbridge Industrial Park
Black Croft Road
Witham
Essex
CM8 3YN

Auditors

Clement Rabjohns Limited
Registered Auditors and Chartered Accountants111/113 High Street
Evesham
Worcestershire
WR11 4XP

 

Added Security Technology (London) Limited

(Registration number: 05762762)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

23,715

29,318

Current assets

 

Stocks

5

194,463

163,129

Debtors

6

2,781,913

2,631,424

Cash at bank and in hand

 

83,732

76,864

 

3,060,108

2,871,417

Creditors: Amounts falling due within one year

7

(873,050)

(965,944)

Net current assets

 

2,187,058

1,905,473

Total assets less current liabilities

 

2,210,773

1,934,791

Provisions for liabilities

(2,480)

(3,563)

Net assets

 

2,208,293

1,931,228

Capital and reserves

 

Called up share capital

1,000

1,000

Retained earnings

2,207,293

1,930,228

Shareholders' funds

 

2,208,293

1,931,228

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 26 June 2025 and signed on its behalf by:
 

.........................................
M L Wheeler
Director

 

Added Security Technology (London) Limited

Notes to the Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in the United Kingdom.

The address of its registered office is:
4 Swanbridge Industrial Park
Black Croft Road
Witham
Essex
CM8 3YN
United Kingdom

These financial statements were authorised for issue by the Board on 26 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

 

Added Security Technology (London) Limited

Notes to the Financial Statements for the Year Ended 30 September 2024

Going concern

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 26 June 2025 was Philip Parsons FCA, who signed for and on behalf of Clement Rabjohns Limited.

.........................................

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Added Security Technology (London) Limited

Notes to the Financial Statements for the Year Ended 30 September 2024

Asset class

Depreciation method and rate

Land and buildings

Straight line over 100 years

Plant and machinery

25% reducing balance

Motor vehicles

25% reducing balance

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 23 (2023 - 27).

 

Added Security Technology (London) Limited

Notes to the Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2023

164,620

97,044

261,664

Additions

2,988

-

2,988

Disposals

-

(38,478)

(38,478)

At 30 September 2024

167,608

58,566

226,174

Depreciation

At 1 October 2023

142,067

90,279

232,346

Charge for the year

6,206

2,385

8,591

Eliminated on disposal

-

(38,478)

(38,478)

At 30 September 2024

148,273

54,186

202,459

Carrying amount

At 30 September 2024

19,335

4,380

23,715

At 30 September 2023

22,553

6,765

29,318

5

Stocks

2024
£

2023
£

Other inventories

194,463

163,129

6

Debtors

Current

Note

2024
£

2023
£

Trade debtors

 

424,908

794,272

Amounts owed by related parties

2,073,908

1,372,994

Prepayments

 

283,097

464,158

   

2,781,913

2,631,424

 

Added Security Technology (London) Limited

Notes to the Financial Statements for the Year Ended 30 September 2024

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

-

189

Trade creditors

 

332,087

333,977

Amounts owed to group undertakings and undertakings in which the company has a participating interest

243,771

343,353

Taxation and social security

 

102,339

231,912

Accruals and deferred income

 

190,590

52,704

Other creditors

 

4,263

3,809

 

873,050

965,944

8

Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

2024
£

2023
£

Not later than one year

96,690

102,768

Later than one year and not later than five years

215,711

242,401

312,401

345,169

The amount of non-cancellable operating lease payments recognised as an expense during the year was £96,493 (2023 - £69,283).

9

Parent and ultimate parent undertaking

The company's immediate parent is EA-RS Group Limited, incorporated in the United Kingdom.

 The ultimate parent is EA-RS Fire Engineering Group Limited, incorporated in the United Kingdom.

  These financial statements are available upon request from 4 Swanbridge Industrial Park, Black Croft Road, Witham, Essex, CM8 3YN