Company Registration No. 11790611 (England and Wales)
ADDITIVE SECURITY LTD
Unaudited accounts
for the year ended 31 January 2025
ADDITIVE SECURITY LTD
Unaudited accounts
Contents
ADDITIVE SECURITY LTD
Company Information
for the year ended 31 January 2025
Directors
Benjamin Edward Banks
Suzanne Marie Banks
Company Number
11790611 (England and Wales)
Registered Office
15a Walm Lane
Willesden Green
London
NW2 5SJ
England
Accountants
Schiavi Pole Brett Ltd
15A Walm Lane
London
NW2 5SJ
ADDITIVE SECURITY LTD
Statement of financial position
as at 31 January 2025
Tangible assets
1,533
3,304
Cash at bank and in hand
55,295
63,432
Creditors: amounts falling due within one year
(18,372)
552
Net current assets
126,347
125,825
Net assets
127,880
129,129
Called up share capital
100
100
Profit and loss account
127,780
129,029
Shareholders' funds
127,880
129,129
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2025 and were signed on its behalf by
Benjamin Edward Banks
Director
Company Registration No. 11790611
ADDITIVE SECURITY LTD
Notes to the Accounts
for the year ended 31 January 2025
ADDITIVE SECURITY LTD is a private company, limited by shares, registered in England and Wales, registration number 11790611. The registered office is 15a Walm Lane, Willesden Green, London, NW2 5SJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents revenue earned during the period with an adjustment for the Flat rate VAT. As from the 1st May 2020, Additive Security Ltd switched to the standard VAT scheme and Turnover post this date is stated exclusive of VAT.
Tangible fixed assets and depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% on cost using the straight line method.
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Tangible fixed assets
Plant & machinery
ADDITIVE SECURITY LTD
Notes to the Accounts
for the year ended 31 January 2025
Amounts falling due within one year
Trade debtors
89,342
60,857
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
9,050
(9,579)
Loans from directors
1,496
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 4 (2024: 5).