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Registration number: 11925211

PR Security Systems Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2025

 

PR Security Systems Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

PR Security Systems Ltd

(Registration number: 11925211)
Balance Sheet as at 30 April 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

22,372

5,835

Current assets

 

Stocks

5

-

565

Debtors

6

16,402

10,524

Cash at bank and in hand

 

6,128

6,748

 

22,530

17,837

Creditors: Amounts falling due within one year

7

(37,918)

(15,551)

Net current (liabilities)/assets

 

(15,388)

2,286

Total assets less current liabilities

 

6,984

8,121

Creditors: Amounts falling due after more than one year

7

(1,000)

(7,000)

Provisions for liabilities

(4,251)

(1,109)

Net assets

 

1,733

12

Capital and reserves

 

Called up share capital

4

4

Retained earnings

1,729

8

Shareholders' funds

 

1,733

12

 

PR Security Systems Ltd

(Registration number: 11925211)
Balance Sheet as at 30 April 2025

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 August 2025 and signed on its behalf by:
 

.........................................
P J Richardson
Director

 

PR Security Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of security systems services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

PR Security Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

50% straight line basis

Office equipment

33% straight line basis

Motor vehicles

20% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

 

PR Security Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4

Tangible assets

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 May 2024

6,605

5,731

22,422

34,758

Additions

22,646

1,265

674

24,585

At 30 April 2025

29,251

6,996

23,096

59,343

Depreciation

At 1 May 2024

5,597

4,642

18,684

28,923

Charge for the year

3,231

940

3,877

8,048

At 30 April 2025

8,828

5,582

22,561

36,971

Carrying amount

At 30 April 2025

20,423

1,414

535

22,372

At 30 April 2024

1,008

1,089

3,738

5,835

5

Stocks

2025
£

2024
£

Other inventories

-

565

 

PR Security Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

6

Debtors

Current

2025
£

2024
£

Trade debtors

11,237

5,822

Prepayments

738

1,866

Other debtors

4,427

2,836

 

16,402

10,524

7

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

8

6,000

6,000

Trade creditors

 

2,555

4,173

Taxation and social security

 

2,853

3,623

Other creditors

 

26,510

1,755

 

37,918

15,551

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

8

1,000

7,000

 

PR Security Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

8

Loans and borrowings

Current loans and borrowings

2025
£

2024
£

Bank borrowings

6,000

6,000

Non-current loans and borrowings

2025
£

2024
£

Bank borrowings

1,000

7,000

Hire purchase contract liabilities were secured on the assets to which they relate.

9

Related party transactions

Transactions with directors

2025

At 1 May 2024
£

Advances to director
£

Repayments by director
£

At 30 April 2025
£

P J Richardson

Director loan account

400

9,000

(26,275)

(16,875)

2024

At 1 May 2023
£

Advances to director
£

Repayments by director
£

At 30 April 2024
£

P J Richardson

Director loan account

7,496

900

(7,996)

400

Other transactions with directors

P J Richardson (director) had a loan account with the company. At the balance sheet date the amount due (from)/to P J Richardson was £16,875 (2023: (£400)).