Woodside Security Systems Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 04193844

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		23,851		27,282

			23,851		27,282
CURRENT ASSETS
Stocks	5	10,853		7,703
Debtors	6	30,042		36,762
Cash at bank and in hand		363,539		325,186

		404,434		369,651
Creditors: Amounts Falling Due Within One Year	7	(260,141 )		(251,705 )

NET CURRENT ASSETS (LIABILITIES)			144,293		117,946

TOTAL ASSETS LESS CURRENT LIABILITIES			168,144		145,228

PROVISIONS FOR LIABILITIES
Deferred Taxation			(3,488 )		(4,409 )

NET ASSETS			164,656		140,819

CAPITAL AND RESERVES
Called up share capital	8		6		6
Income Statement			164,650		140,813

SHAREHOLDERS' FUNDS			164,656		140,819

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Woodside Security Systems Limited

Statement of Financial Position (continued)

As At 31 March 2025

For the year ending 31 March 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Stefano Pini

Director

10 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Woodside Security Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04193844 . The registered office is Security House, 1a Woodside Grove, London, N12 8QT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have, at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis. In making this assessment, the directors have considered the company’s financial position, forecasts, and any potential uncertainties that may impact its operations. Based on this review, the directors are satisfied that there are no material uncertainties that cast significant doubt on the company’s ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

Turnover is recognised on the sale of goods when the goods are delivered and title has passed. Turnover is recognised on the provision of services on a percentage degree of completion basis, calculated by reference to the time expended compared to the total anticipated time.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on cost
Computer Equipment	33% on cost

2.5. Leasing and Hire Purchase Contracts

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income statement as incurred.

2.6. Stocks and Work in Progress

Stocks are stated at the lower of cost and net estimated selling price less selling costs. Cost includes any expenditure incurred in bringing the stock to its present location and condition. A "first in first out" basis is used. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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Woodside Security Systems Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.8. Pensions

The company operates a defined pension contribution pension scheme. Contributions are charged to the income statement in the period to which they relate.

2.9. Presentation currency

The financial statements are presented in pounds sterling (£), which is considered to be the Company’s functional currency.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2024: 11)

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	54,689	14,119	9,238	78,046
Additions	-	1,915	4,435	6,350
Disposals	-	(2,538 )	(4,667 )	(7,205 )

As at 31 March 2025	54,689	13,496	9,006	77,191

Depreciation
As at 1 April 2024	31,066	11,601	8,097	50,764
Provided during the period	5,905	1,531	2,338	9,774
Disposals	-	(2,536 )	(4,662 )	(7,198 )

As at 31 March 2025	36,971	10,596	5,773	53,340

Net Book Value
As at 31 March 2025	17,718	2,900	3,233	23,851

As at 1 April 2024	23,623	2,518	1,141	27,282

5. Stocks

	2025	2024
	£	£
Stock	10,853	7,703

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	21,849	29,228
Other debtors	8,193	7,534

	30,042	36,762

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Woodside Security Systems Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	26,030	21,053
Other creditors	188,434	175,958
Taxation and social security	45,677	54,694

	260,141	251,705

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	6	6

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	9,000	12,000
Later than one year and not later than five years	-	9,000

	9,000	21,000

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