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REGISTERED NUMBER: 03448912 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BLUE CHIP SECURITY LIMITED

BLUE CHIP SECURITY LIMITED (REGISTERED NUMBER: 03448912)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BLUE CHIP SECURITY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr M W Darvill
Mr M Teague
Mr G Finch





SECRETARY: Commercial Secretariat Limited





REGISTERED OFFICE: Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN





REGISTERED NUMBER: 03448912 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

BLUE CHIP SECURITY LIMITED (REGISTERED NUMBER: 03448912)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 80,835 84,791

CURRENT ASSETS
Stocks 5 18,563 16,678
Debtors 6 151,264 149,770
Cash at bank 92,032 25,112
261,859 191,560
CREDITORS
Amounts falling due within one year 7 258,003 143,741
NET CURRENT ASSETS 3,856 47,819
TOTAL ASSETS LESS CURRENT
LIABILITIES

84,691

132,610

CREDITORS
Amounts falling due after more than one
year

8

4,249

13,546
NET ASSETS 80,442 119,064

CAPITAL AND RESERVES
Called up share capital 9 6,000 6,000
Retained earnings 10 74,442 113,064
SHAREHOLDERS' FUNDS 80,442 119,064

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 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.

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 Board of Directors and authorised for issue on 10 June 2025 and were signed on its behalf by:





Mr M W Darvill - Director


BLUE CHIP SECURITY LIMITED (REGISTERED NUMBER: 03448912)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Blue Chip 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
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 the 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.

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 12 (2024 - 10 ) .

BLUE CHIP SECURITY LIMITED (REGISTERED NUMBER: 03448912)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2024 1,910 20,344 151,384 173,638
Additions - 3,239 15,283 18,522
At 31 March 2025 1,910 23,583 166,667 192,160
DEPRECIATION
At 1 April 2024 1,744 11,184 75,919 88,847
Charge for year 25 1,676 20,777 22,478
At 31 March 2025 1,769 12,860 96,696 111,325
NET BOOK VALUE
At 31 March 2025 141 10,723 69,971 80,835
At 31 March 2024 166 9,160 75,465 84,791

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2024
and 31 March 2025 115,784
DEPRECIATION
At 1 April 2024 44,112
Charge for year 17,918
At 31 March 2025 62,030
NET BOOK VALUE
At 31 March 2025 53,754
At 31 March 2024 71,672

5. STOCKS
31.3.25 31.3.24
£    £   
Stocks 18,563 16,678

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 133,377 134,193
Other debtors 1,700 1,100
Prepayments and accrued income 16,187 14,477
151,264 149,770

BLUE CHIP SECURITY LIMITED (REGISTERED NUMBER: 03448912)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 9,297 15,174
Trade creditors 104,226 51,338
Tax 53,711 39,783
Social security and other taxes 6,035 -
Pension control 2,864 2,108
VAT 36,786 16,850
Directors' loan accounts 24,150 -
Accruals and deferred income 20,934 18,488
258,003 143,741

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 4,249 13,546

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
5,700 Ordinary "A" shares £1 5,700 5,700
300 Ordinary "B" Shares £1 300 300
6,000 6,000

10. RESERVES
Retained
earnings
£   

At 1 April 2024 113,064
Profit for the year 161,628
Dividends (200,250 )
At 31 March 2025 74,442