REGISTERED NUMBER: 08071487 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JULY 2024

FOR

VIPER WATCH SECURITY SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Pickup

REGISTERED OFFICE:

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

REGISTERED NUMBER:

08071487 (England and Wales)

ACCOUNTANTS:

Ainsworths Limited

Chartered Accountants

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

FIXED ASSETS

Tangible assets

4

1,194

24,806

CURRENT ASSETS

Debtors

5

546,866

369,380

Cash at bank

773,878

661,837

1,320,744

1,031,217

CREDITORS

Amounts falling due within one year

6

1,271,749

825,200

NET CURRENT ASSETS

48,995

206,017

TOTAL ASSETS LESS CURRENT LIABILITIES

50,189

230,823

CREDITORS

Amounts falling due after more than one year

7

(48,000

)

(96,000

)

PROVISIONS FOR LIABILITIES

-

(133,825

)

NET ASSETS

2,189

998

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,187

996

SHAREHOLDERS' FUNDS

2,189

998

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 5th September 2025 and were signed by:

S Pickup - Director

1.	STATUTORY INFORMATION

Viper Watch Security Solutions 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.

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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on cost

Computer equipment

-

Straight line over 3 years

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Intangible fixed assets

Website development costs are capitalised and amortised on a straight line basis over their estimated useful life of three years.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 31st July 2023

93,258

Disposals

(89,675

)

At 30th July 2024

3,583

DEPRECIATION

At 31st July 2023

68,452

Charge for year

23,612

Eliminated on disposal

(89,675

)

At 30th July 2024

2,389

NET BOOK VALUE

At 30th July 2024

1,194

At 30th July 2023

24,806

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.7.24

30.7.23

£

£

Trade debtors

384,117

302,742

Amounts owed by group undertakings

160,409

66,638

Other debtors

2,340

-

546,866

369,380

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.7.24

30.7.23

£

£

Bank loans and overdrafts

48,000

48,000

Trade creditors

637,725

331,910

Taxation and social security

118,683

84,620

Other creditors

467,341

360,670

1,271,749

825,200

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.7.24

30.7.23

£

£

Bank loans

48,000

96,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.7.24

30.7.23

£

£

Amounts owed to factor

306,596

226,722

The above liability is secured by a debenture over all assets of the company.