Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30false62023-10-017truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02323834 2023-10-01 2024-09-30 02323834 2022-10-01 2023-09-30 02323834 2024-09-30 02323834 2023-09-30 02323834 2022-10-01 02323834 c:Director2 2023-10-01 2024-09-30 02323834 d:Buildings 2023-10-01 2024-09-30 02323834 d:Buildings 2024-09-30 02323834 d:Buildings 2023-09-30 02323834 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 02323834 d:Buildings d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 02323834 d:PlantMachinery 2023-10-01 2024-09-30 02323834 d:MotorVehicles 2023-10-01 2024-09-30 02323834 d:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 02323834 d:OtherPropertyPlantEquipment 2024-09-30 02323834 d:OtherPropertyPlantEquipment 2023-09-30 02323834 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 02323834 d:OtherPropertyPlantEquipment d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 02323834 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 02323834 d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 02323834 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-09-30 02323834 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-30 02323834 d:CurrentFinancialInstruments 2024-09-30 02323834 d:CurrentFinancialInstruments 2023-09-30 02323834 d:Non-currentFinancialInstruments 2024-09-30 02323834 d:Non-currentFinancialInstruments 2023-09-30 02323834 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 02323834 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 02323834 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 02323834 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 02323834 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-09-30 02323834 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-30 02323834 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 02323834 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 02323834 d:ShareCapital 2024-09-30 02323834 d:ShareCapital 2023-09-30 02323834 d:RevaluationReserve 2024-09-30 02323834 d:RevaluationReserve 2023-09-30 02323834 d:RetainedEarningsAccumulatedLosses 2024-09-30 02323834 d:RetainedEarningsAccumulatedLosses 2023-09-30 02323834 c:OrdinaryShareClass1 2023-10-01 2024-09-30 02323834 c:OrdinaryShareClass1 2024-09-30 02323834 c:OrdinaryShareClass1 2023-09-30 02323834 c:FRS102 2023-10-01 2024-09-30 02323834 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 02323834 c:FullAccounts 2023-10-01 2024-09-30 02323834 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 02323834 d:HirePurchaseContracts d:WithinOneYear 2024-09-30 02323834 d:HirePurchaseContracts d:WithinOneYear 2023-09-30 02323834 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-09-30 02323834 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-09-30 02323834 2 2023-10-01 2024-09-30 02323834 5 2023-10-01 2024-09-30 02323834 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 02323834 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 02323834 d:RetirementBenefitObligationsDeferredTax 2024-09-30 02323834 d:RetirementBenefitObligationsDeferredTax 2023-09-30 02323834 d:OtherDeferredTax 2024-09-30 02323834 d:OtherDeferredTax 2023-09-30 02323834 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-09-30 02323834 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-09-30 02323834 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-10-01 2024-09-30 02323834 e:PoundSterling 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 02323834









DENT SECURITY SYSTEMS LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
DENT SECURITY SYSTEMS LIMITED
REGISTERED NUMBER: 02323834

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
1,299
1,732

Tangible assets
 5 
819,007
825,700

  
820,306
827,432

Current assets
  

Stocks
  
7,248
5,204

Debtors: amounts falling due within one year
 6 
49,113
47,943

Cash at bank
  
113,437
109,658

  
169,798
162,805

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(244,636)
(235,493)

Net current liabilities
  
 
 
(74,838)
 
 
(72,688)

Total assets less current liabilities
  
745,468
754,744

Creditors: amounts falling due after more than one year
 8 
(8,116)
(18,415)

Provisions for liabilities
  

Deferred tax
 11 
(60,474)
(61,098)

Net assets
  
676,878
675,231


Capital and reserves
  

Called up share capital 
 12 
1,000
1,000

Revaluation reserve
  
361,130
361,130

Profit and loss account
  
314,748
313,101

  
676,878
675,231


Page 1

 
DENT SECURITY SYSTEMS LIMITED
REGISTERED NUMBER: 02323834

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






................................................
Mr I D James
Director

Date: 24 June 2025

The notes on pages 3 to 11 form part of these financial statements.

Page 2

 
DENT SECURITY SYSTEMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Dent Security Systems Limited is a private Company limited by shares, incorporated in England and Wales within the United Kingdom. The address of the registered office is 287 Newmarket Road, Cambridge, CB5 8JE. This Company is not part of a group.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
DENT SECURITY SYSTEMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
Not depreciated
Plant and machinery
-
25%
reducing balance
Motor vehicles
-
30%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

No depreciation has been provided on freehold property as in the directors' view the property is maintained in a good condition. They carry out annual revaluations to confirm carrying value is not overstated. 

Page 4

 
DENT SECURITY SYSTEMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is 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.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 5

 
DENT SECURITY SYSTEMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.11

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.12

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.13

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.14

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.15

Current and deferred taxation

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

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 6

 
DENT SECURITY SYSTEMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 7).


4.


Intangible assets




Website

£



Cost


At 1 October 2023
1,980



At 30 September 2024

1,980



Amortisation


At 1 October 2023
248


Charge for the year on owned assets
433



At 30 September 2024

681



Net book value



At 30 September 2024
1,299



At 30 September 2023
1,732



Page 7

 
DENT SECURITY SYSTEMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Tangible fixed assets





Freehold property
Other fixed assets
Total

£
£
£



Cost


At 1 October 2023
800,000
60,808
860,808


Additions
-
1,196
1,196


Disposals
-
(1,216)
(1,216)



At 30 September 2024

800,000
60,788
860,788



Depreciation


At 1 October 2023
-
35,108
35,108


Charge for the year on owned assets
-
2,344
2,344


Charge for the year on financed assets
-
5,342
5,342


Disposals
-
(1,013)
(1,013)



At 30 September 2024

-
41,781
41,781



Net book value



At 30 September 2024
800,000
19,007
819,007



At 30 September 2023
800,000
25,700
825,700

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
11,466
19,503


6.


Debtors

2024
2023
£
£


Trade debtors
46,367
44,751

Other debtors
1,324
2,024

Prepayments
1,422
1,168

49,113
47,943


Page 8

 
DENT SECURITY SYSTEMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
3,000
3,000

Trade creditors
16,182
14,826

Corporation tax
926
1,380

Other taxation and social security
22,060
14,818

Obligations under finance lease and hire purchase contracts
7,299
7,299

Other creditors
62,765
63,487

Accruals and deferred income
132,404
130,683

244,636
235,493



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
4,750
7,750

Net obligations under finance leases and hire purchase contracts
3,366
10,665

8,116
18,415


Included within creditors are secured debts amounting to £10,665 (2023 - £17,964) which are secured on the fixed assets to which they relate.


9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
3,000
3,000

Amounts falling due 1-2 years

Bank loans
3,000
3,000

Amounts falling due 2-5 years

Bank loans
1,750
4,750


7,750
10,750


Page 9

 
DENT SECURITY SYSTEMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
7,299
7,299

Between 1-5 years
3,366
10,665

10,665
17,964


11.


Deferred taxation




2024
2023


£

£






At beginning of year
(61,098)
(62,370)


Charged to profit or loss
624
1,272



At end of year
(60,474)
(61,098)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(235)
(843)

Pension surplus
91
75

Property revaluation
(60,330)
(60,330)

(60,474)
(61,098)


12.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 (2023 - 1,000) Ordinary shares of £1.00 each
1,000
1,000


Page 10

 
DENT SECURITY SYSTEMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

13.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £4,335 (2023 - £4,062). Contributions totalling £969 (2023 - £800) were payable to the fund at the balance sheet date and are included in creditors.


14.


Related party transactions

During the year the Company operated a loan account with Jobtheme Limited, a Company under common control. The amount payable to Jobtheme Limited at the year end was £60,797 (2023 - £62,488). This loan is interest free and repayable on demand.


Page 11