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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
Page
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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
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ADDITIVE SECURITY LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,533 
3,304 
Current assets
Debtors
89,424 
61,841 
Cash at bank and in hand
55,295 
63,432 
144,719 
125,273 
Creditors: amounts falling due within one year
(18,372)
552 
Net current assets
126,347 
125,825 
Net assets
127,880 
129,129 
Capital and reserves
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
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ADDITIVE SECURITY LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2024
12,891 
Additions
583 
At 31 January 2025
13,474 
Depreciation
At 1 February 2024
9,587 
Charge for the year
2,354 
At 31 January 2025
11,941 
Net book value
At 31 January 2025
1,533 
At 31 January 2024
3,304 
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ADDITIVE SECURITY LTD Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
89,342 
60,857 
Other debtors
82 
984 
89,424 
61,841 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
7,826 
5,744 
Taxes and social security
9,050 
(9,579)
Other creditors
- 
3,283 
Loans from directors
1,496 
- 
18,372 
(552)
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 4 (2024: 5).
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