REGISTERED NUMBER: 06589257 (England and Wales)

SRG SECURITY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Burns

M Pask

SECRETARY:

M Pask

REGISTERED OFFICE:

Office 28

8 Shepherd Market

Mayfair

London

W1J 7JY

REGISTERED NUMBER:

06589257 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Tangible assets

4

56,666

69,537

CURRENT ASSETS

Debtors

5

692,226

777,849

Cash at bank and in hand

132,871

34,297

825,097

812,146

CREDITORS

Amounts falling due within one year

6

(804,574

)

(880,229

)

NET CURRENT ASSETS/(LIABILITIES)

20,523

(68,083

)

TOTAL ASSETS LESS CURRENT LIABILITIES

77,189

1,454

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

77,089

1,354

77,189

1,454

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2025 and were signed on its behalf by:

N Burns - Director

M Pask - Director

1.	STATUTORY INFORMATION

SRG Security Ltd 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 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 68 ).

4.	TANGIBLE FIXED ASSETS

Plant and

Fixture &

Motor

machinery

Fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

27,588

72,139

71,289

171,016

DEPRECIATION

At 1 January 2024

21,308

33,094

47,077

101,479

Charge for year

942

5,876

6,053

12,871

At 31 December 2024

22,250

38,970

53,130

114,350

NET BOOK VALUE

At 31 December 2024

5,338

33,169

18,159

56,666

At 31 December 2023

6,280

39,045

24,212

69,537

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

550,697

241,569

Other debtors

141,529

536,280

692,226

777,849

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

326,565

198,161

Taxation and social security

118,784

104,508

Other creditors

359,225

577,560

804,574

880,229