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REGISTERED NUMBER: 08224498 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Hyline Security (UK) Limited

Hyline Security (UK) Limited (Registered number: 08224498)






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


Hyline Security (UK) Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: A J Harold
Mrs S Bonnett





REGISTERED OFFICE: Rosalind Franklin House
Fordham Road
Newmarket
Suffolk
CB8 7XN





REGISTERED NUMBER: 08224498 (England and Wales)





ACCOUNTANTS: Knights Lowe Chartered Accountants
Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR

Hyline Security (UK) Limited (Registered number: 08224498)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,816 1,496

CURRENT ASSETS
Debtors 5 492,443 318,154
Cash at bank and in hand 28,488 2,891
520,931 321,045
CREDITORS
Amounts falling due within one year 6 446,004 318,894
NET CURRENT ASSETS 74,927 2,151
TOTAL ASSETS LESS CURRENT LIABILITIES 92,743 3,647

PROVISIONS FOR LIABILITIES 9 969 -
NET ASSETS 91,774 3,647

CAPITAL AND RESERVES
Called up share capital 210 210
Retained earnings 91,564 3,437
91,774 3,647

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.

Hyline Security (UK) Limited (Registered number: 08224498)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by:





A J Harold - Director


Hyline Security (UK) Limited (Registered number: 08224498)

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

1. STATUTORY INFORMATION

Hyline Security (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover relates to security services provided. Income is recorded in the period in which the service was provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - Straight line over 3 years

Hyline Security (UK) Limited (Registered number: 08224498)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, and loans from banks or other related parties.
Debt instruments, like loans and other accounts receivable and payable, are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and subsequently, at the present value of the future payment discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Hyline Security (UK) Limited (Registered number: 08224498)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
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.

Impairment
At each reporting date, goodwill and other fixed assets, including tangible fixed assets and investments but excluding investment properties, are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in the income statement.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2024 - 20 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 61,640
Additions 17,000
At 31 March 2025 78,640
DEPRECIATION
At 1 April 2024 60,144
Charge for year 680
At 31 March 2025 60,824
NET BOOK VALUE
At 31 March 2025 17,816
At 31 March 2024 1,496

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 211,041 153,121
Other debtors 281,402 165,033
492,443 318,154

Hyline Security (UK) Limited (Registered number: 08224498)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 79,938 83,667
Taxation and social security 119,183 94,557
Other creditors 246,883 140,670
446,004 318,894

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 25,500 30,000
Between one and five years - 22,500
25,500 52,500

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Other loans 114,304 110,270

Secured against the book debts of the company.

9. PROVISIONS FOR LIABILITIES
2025
£   
Deferred tax
Accelerated capital allowances 969

Deferred
tax
£   
Balance at 1 April 2024 (101 )
Charge to Income Statement during year 1,070
Balance at 31 March 2025 969

Hyline Security (UK) Limited (Registered number: 08224498)

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

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
A J Harold
Balance outstanding at start of year 52,190 56,195
Amounts advanced 60,667 -
Amounts repaid (212,367 ) (4,005 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (99,510 ) 52,190

F D Steward
Balance outstanding at start of year 56,136 56,195
Amounts advanced 32,709 -
Amounts repaid (88,845 ) (59 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 56,136

Interest has been charged at the rate of 2.25% per annum on overdrawn loan balances during the year.