Company registration number 06704281 (England and Wales)
T F SECURITY SYSTEMS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
T F SECURITY SYSTEMS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
T F SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 06704281)
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
17,070
22,761
Current assets
Stocks
902
1,652
Debtors
4
13,313
10,359
Cash at bank and in hand
11,229
21,826
25,444
33,837
Creditors: amounts falling due within one year
5
(25,659)
(24,471)
Net current (liabilities)/assets
(215)
9,366
Total assets less current liabilities
16,855
32,127
Creditors: amounts falling due after more than one year
6
(10,974)
(14,878)
Net assets
5,881
17,249
Capital and reserves
Called up share capital
7
104
104
Profit and loss reserves
5,777
17,145
Total equity
5,881
17,249

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

T F SECURITY SYSTEMS LIMITED (REGISTERED NUMBER: 06704281)
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024
30 September 2024
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 30 June 2025
F Shaw
Director
T F SECURITY SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
1
Accounting policies
Company information

T F Security Systems Limited is a private company limited by shares incorporated in England and Wales. The registered office is 19/21 Swan Street, West Malling, Kent, ME19 6JU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

Atruet the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of consideration received or receivable for the goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. The following criteria also must be met before turnover is recognised.

Turnover for the sale of goods is recognised when all of the following conditions are met:

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

T F SECURITY SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1
Accounting policies
(Continued)
- 4 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% on reducing balance
Fixtures, fittings & equipment
25% on reducing balance
Motor vehicles
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

1.6
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
T F SECURITY SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 5 -
3
Tangible fixed assets
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 October 2023 and 30 September 2024
5,282
8,681
29,630
43,593
Depreciation and impairment
At 1 October 2023
4,914
7,121
8,797
20,832
Depreciation charged in the year
92
391
5,208
5,691
At 30 September 2024
5,006
7,512
14,005
26,523
Carrying amount
At 30 September 2024
276
1,169
15,625
17,070
At 30 September 2023
368
1,560
20,833
22,761
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
13,313
10,359
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
7,716
4,886
Taxation and social security
10,584
12,658
Other creditors
7,359
6,927
25,659
24,471
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
10,974
14,878
T F SECURITY SYSTEMS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 6 -
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
Ordinary A of £1 each
1
1
1
1
Ordinary B of £1 each
1
1
1
1
Ordinary C of £1 each
1
1
1
1
Ordinary D of £1 each
1
1
1
1
104
104
104
104
2024-09-302023-10-01falsefalsefalse30 June 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityF Shaw067042812023-10-012024-09-30067042812024-09-30067042812023-09-3006704281core:PlantMachinery2024-09-3006704281core:FurnitureFittings2024-09-3006704281core:MotorVehicles2024-09-3006704281core:PlantMachinery2023-09-3006704281core:FurnitureFittings2023-09-3006704281core:MotorVehicles2023-09-3006704281core:CurrentFinancialInstrumentscore:WithinOneYear2024-09-3006704281core:CurrentFinancialInstrumentscore:WithinOneYear2023-09-3006704281core:Non-currentFinancialInstrumentscore:AfterOneYear2024-09-3006704281core:Non-currentFinancialInstrumentscore:AfterOneYear2023-09-3006704281core:CurrentFinancialInstruments2024-09-3006704281core:CurrentFinancialInstruments2023-09-3006704281core:ShareCapital2024-09-3006704281core:ShareCapital2023-09-3006704281core:RetainedEarningsAccumulatedLosses2024-09-3006704281core:RetainedEarningsAccumulatedLosses2023-09-3006704281core:ShareCapitalOrdinaryShareClass12024-09-3006704281core:ShareCapitalOrdinaryShareClass12023-09-3006704281core:ShareCapitalOrdinaryShareClass22024-09-3006704281core:ShareCapitalOrdinaryShareClass22023-09-3006704281core:ShareCapitalOrdinaryShareClass32024-09-3006704281core:ShareCapitalOrdinaryShareClass32023-09-3006704281core:ShareCapitalOrdinaryShareClass42024-09-3006704281core:ShareCapitalOrdinaryShareClass42023-09-3006704281core:ShareCapitalOrdinaryShareClass52024-09-3006704281core:ShareCapitalOrdinaryShareClass52023-09-3006704281core:ShareCapitalOrdinaryShares2024-09-3006704281core:ShareCapitalOrdinaryShares2023-09-3006704281bus:Director12023-10-012024-09-3006704281core:PlantMachinery2023-10-012024-09-3006704281core:FurnitureFittings2023-10-012024-09-3006704281core:MotorVehicles2023-10-012024-09-30067042812022-10-012023-09-3006704281core:PlantMachinery2023-09-3006704281core:FurnitureFittings2023-09-3006704281core:MotorVehicles2023-09-30067042812023-09-3006704281core:Non-currentFinancialInstruments2024-09-3006704281core:Non-currentFinancialInstruments2023-09-3006704281bus:OrdinaryShareClass12023-10-012024-09-3006704281bus:OrdinaryShareClass22023-10-012024-09-3006704281bus:OrdinaryShareClass32023-10-012024-09-3006704281bus:OrdinaryShareClass42023-10-012024-09-3006704281bus:OrdinaryShareClass52023-10-012024-09-3006704281bus:OrdinaryShareClass12024-09-3006704281bus:OrdinaryShareClass12023-09-3006704281bus:OrdinaryShareClass22024-09-3006704281bus:OrdinaryShareClass22023-09-3006704281bus:OrdinaryShareClass32024-09-3006704281bus:OrdinaryShareClass32023-09-3006704281bus:OrdinaryShareClass42024-09-3006704281bus:OrdinaryShareClass42023-09-3006704281bus:OrdinaryShareClass52024-09-3006704281bus:OrdinaryShareClass52023-09-3006704281bus:AllOrdinaryShares2024-09-3006704281bus:AllOrdinaryShares2023-09-3006704281bus:PrivateLimitedCompanyLtd2023-10-012024-09-3006704281bus:SmallCompaniesRegimeForAccounts2023-10-012024-09-3006704281bus:FRS1022023-10-012024-09-3006704281bus:AuditExemptWithAccountantsReport2023-10-012024-09-3006704281bus:FullAccounts2023-10-012024-09-30xbrli:purexbrli:sharesiso4217:GBP