Company Registration No. 06475405 (England and Wales)
A B Security And Electrical Limited
Unaudited accounts
for the year ended 31 January 2025
A B Security And Electrical Limited
Unaudited accounts
Contents
A B Security And Electrical Limited
Company Information
for the year ended 31 January 2025
Directors
J E Bailey
L M Bailey
Company Number
06475405 (England and Wales)
Registered Office
10a New Street
Barlestone
Nuneaton
Warwickshire
CV13 0EA
England
A B Security And Electrical Limited
Statement of financial position
as at 31 January 2025
Tangible assets
14,712
31,414
Cash at bank and in hand
7,216
494
Creditors: amounts falling due within one year
(33,549)
(18,869)
Net current (liabilities)/assets
(19,046)
803
Total assets less current liabilities
(4,334)
32,217
Creditors: amounts falling due after more than one year
-
(9,660)
Provisions for liabilities
Deferred tax
(2,795)
(5,969)
Net (liabilities)/assets
(7,129)
16,588
Called up share capital
100
100
Profit and loss account
(7,229)
16,488
Shareholders' funds
(7,129)
16,588
For the year ending 31 January 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2025 and were signed on its behalf by
J E Bailey
Director
Company Registration No. 06475405
A B Security And Electrical Limited
Notes to the Accounts
for the year ended 31 January 2025
A B Security And Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 06475405. The registered office is 10a New Street, Barlestone, Nuneaton, Warwickshire, CV13 0EA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
20% on reducing balance
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
A B Security And Electrical Limited
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2024
1,309
46,980
2,071
50,360
Disposals
-
(20,990)
-
(20,990)
At 31 January 2025
1,309
25,990
2,071
29,370
At 1 February 2024
1,272
15,681
1,993
18,946
Charge for the year
7
4,873
16
4,896
On disposals
-
(9,184)
-
(9,184)
At 31 January 2025
1,279
11,370
2,009
14,658
At 31 January 2025
30
14,620
62
14,712
At 31 January 2024
37
31,299
78
31,414
Amounts falling due within one year
Accrued income and prepayments
1,007
1,042
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
1,086
Trade creditors
4,658
5,358
Taxes and social security
(255)
624
Other creditors
11,357
4,233
Loans from directors
15,781
7,283
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
A B Security And Electrical Limited
Notes to the Accounts
for the year ended 31 January 2025
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).