F. M. Security (NW) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06759625 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

F. M. SECURITY (NW) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E W Brereton

N M Gaade

REGISTERED OFFICE:

25 Grosvenor Road

Wrexham

LL11 1BT

REGISTERED NUMBER:

06759625 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

Lloyds Bank plc

28, Regent Street

Wrexham

LL11 1SE

FIXED ASSETS

Tangible assets

4

1,477

1,093

CURRENT ASSETS

Debtors

5

11,302

22,085

Cash at bank

13,644

9,211

24,946

31,296

CREDITORS

Amounts falling due within one year

6

23,259

9,609

NET CURRENT ASSETS

1,687

21,687

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,164

22,780

PROVISIONS FOR LIABILITIES

7

-

207

NET ASSETS

3,164

22,573

CAPITAL AND RESERVES

Called up share capital

8

20

Retained earnings

3,144

22,553

SHAREHOLDERS' FUNDS

3,164

22,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th April 2025 and were signed on its behalf by:

E W Brereton - Director

1.	STATUTORY INFORMATION

F. M. Security (NW) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

10% on reducing balance

Computer equipment

-

20% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

COST

At 1st January 2024

1,159

1,765

2,924

Additions

-

583

At 31st December 2024

1,159

2,348

3,507

DEPRECIATION

At 1st January 2024

766

1,065

1,831

Charge for year

39

160

199

At 31st December 2024

805

1,225

2,030

NET BOOK VALUE

At 31st December 2024

354

1,123

1,477

At 31st December 2023

393

700

1,093

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

6,376

4,172

Other debtors

-

796

Directors' current accounts

4,809

17,117

Deferred tax asset

117

-

11,302

22,085

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

3,952

4,249

Tax

3,162

3,067

VAT

1,847

1,232

Other creditors

13,119

-

Accrued expenses

1,179

1,061

23,259

9,609

7.	PROVISIONS FOR LIABILITIES

31.12.23

£

Deferred tax

Accelerated capital allowances

207

Deferred

tax

£

Balance at 1st January 2024

207

Movement in the year due to:

changes in tax rates

changes in tax allowances

74

movement in losses available

(398

)

Balance at 31st December 2024

(117

)

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

20

Ordinary

£1

20

9.	CAPITAL COMMITMENTS

31.12.24

31.12.23

£

Contracted but not provided for in the

financial statements

-