NIGHT & DAY SECURITY LTD - Filleted accounts

Registered number

09332059

NIGHT & DAY SECURITY LTD

Unaudited Filleted Accounts

31 December 2024

NIGHT & DAY SECURITY LTD
Registered number:		09332059
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		34,624			34,251

Current assets
Debtors	4	272,907			322,421
Cash at bank and in hand		93,928			33,920
		366,835			356,341

Creditors: amounts falling due within one year	5	(400,775)			(380,086)

Net current liabilities			(33,940)			(23,745)

Net assets			684			10,506

Capital and reserves
Called up share capital			100			100
Profit and loss account			584			10,406

Shareholders' funds			684			10,506

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Georgi Hristov Strandzhev
Director
Approved by the board on 2 September 2025

NIGHT & DAY SECURITY LTD
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years
	Motor vehicles	over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery		Motor vehicles		Total
£			£		£
	Cost
	At 1 January 2024	3,913		45,000		48,913
	Additions	1,166		15,000		16,166
	At 31 December 2024	5,079		60,000		65,079

	Depreciation
	At 1 January 2024	3,412		11,250		14,662
	Charge for the year	793		15,000		15,793
	At 31 December 2024	4,205		26,250		30,455

	Net book value
	At 31 December 2024	874		33,750		34,624
	At 31 December 2023	501		33,750		34,251


4	Debtors			2024		2023
£					£

	Trade debtors			44,138		105,492
	Directors loan			173,925		162,085
	Other debtors			54,844		54,844
				272,907		322,421


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Bank loans and overdrafts			82,057		99,946
	Obligations under finance lease and hire purchase contracts			26,640		38,250
	Trade creditors			62,795		55,597
	Corporation tax			110,836		57,662
	Other taxes and social security			118,447		128,631
				400,775		380,086


6	Controlling party

	The company was controlled throughout the year by it's directors by virtue of the fact that they owns all of the ordinary shares.


7	Other information

	NIGHT & DAY SECURITY LTD is a private company limited by shares and incorporated in England. Its registered office is:
	90 Brixton Hill
	London
	SW2 1QN