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REGISTERED NUMBER: 05973940 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

ROUND THE CLOCK SECURITY LIMITED

ROUND THE CLOCK SECURITY LIMITED (REGISTERED NUMBER: 05973940)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROUND THE CLOCK SECURITY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: Mrs S J Downing





REGISTERED OFFICE: 8 Tresawls Road
Truro
Cornwall
TR1 3LF





REGISTERED NUMBER: 05973940 (England and Wales)





ACCOUNTANTS: Whitakers
Chartered Accountants
Bryndon House
5/7 Berry Road
Newquay
Cornwall
TR7 1AD

ROUND THE CLOCK SECURITY LIMITED (REGISTERED NUMBER: 05973940)

BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 514 5,030

CURRENT ASSETS
Debtors 5 9,105 11,266
Cash at bank 2,815 3,024
11,920 14,290
CREDITORS
Amounts falling due within one year 6 70,006 74,157
NET CURRENT LIABILITIES (58,086 ) (59,867 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(57,572

)

(54,837

)

CREDITORS
Amounts falling due after more than one
year

7

1,852

7,063
NET LIABILITIES (59,424 ) (61,900 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (59,425 ) (61,901 )
(59,424 ) (61,900 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

ROUND THE CLOCK SECURITY LIMITED (REGISTERED NUMBER: 05973940)

BALANCE SHEET - continued
31 OCTOBER 2024


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 9 July 2025 and were signed by:





Mrs S J Downing - Director


ROUND THE CLOCK SECURITY LIMITED (REGISTERED NUMBER: 05973940)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Round The Clock 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

ROUND THE CLOCK SECURITY LIMITED (REGISTERED NUMBER: 05973940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

2. ACCOUNTING POLICIES - continued

Going concern
These financial statements have been prepared on a going concern basis. However, this basis may not be appropriate because at the balance sheet date the company had net liabilities of £59,424 (2023 £61,900.) However, included within creditors is an amount of £40,414 (2023 £43,992) owing to Mrs S J Downing, the director and shareholder of the company, who has indicated her ongoing support for the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2023 10,084 39,920 50,004
Disposals - (39,920 ) (39,920 )
At 31 October 2024 10,084 - 10,084
DEPRECIATION
At 1 November 2023 9,399 35,575 44,974
Charge for year 171 - 171
Eliminated on disposal - (35,575 ) (35,575 )
At 31 October 2024 9,570 - 9,570
NET BOOK VALUE
At 31 October 2024 514 - 514
At 31 October 2023 685 4,345 5,030

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 November 2023 10,299
Disposals (10,299 )
At 31 October 2024 -
DEPRECIATION
At 1 November 2023 4,023
Eliminated on disposal (4,023 )
At 31 October 2024 -
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 6,276

ROUND THE CLOCK SECURITY LIMITED (REGISTERED NUMBER: 05973940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 9,105 11,266

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 13,856 13,507
Hire purchase contracts - 2,311
Trade creditors 3,106 4,581
Social security and other taxes 11,132 8,274
Other creditors 128 122
Directors' current accounts 40,414 43,992
Accrued expenses 1,370 1,370
70,006 74,157

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans - 2-5 years 1,852 6,285
Hire purchase contracts - 778
1,852 7,063