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REGISTERED NUMBER: 04166601 (England and Wales)

SECURITY DRIVERS INTERNATIONAL LIMITED

FINANCIAL STATEMENTS FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

SECURITY DRIVERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 04166601) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SECURITY DRIVERS INTERNATIONAL LIMITED |

COMPANY INFORMATION

FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

| DIRECTOR: | J W English

| SECRETARY: | J W English

| REGISTERED OFFICE: | 118 Pall Mall

| London

| SW1Y 5ED

| REGISTERED NUMBER: | 04166601 (England and Wales)

| ACCOUNTANTS: | Howard & Stapleton

| 2nd Floor Offices

| 26-28 West Street

| Market Square

| Rochford

| Essex

| SS4 1AJ

SECURITY DRIVERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 04166601) |

BALANCE SHEET

31 MARCH 2025

| 31.3.25 | 29.2.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 13,861 |  | 42,630 |  |

CURRENT ASSETS

Debtors | 5 | 33,218 |  | 77,443 |  |

Cash at bank | 22,420 |  | 27,061 |  |

55,638 |  | 104,504 |  |

CREDITORS

Amounts falling due within one year | 6 | 33,862 |  | 93,128 |  |

NET CURRENT ASSETS | 21,776 |  | 11,376 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 35,637 |  | 54,006 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 24,877 |  | 40,564 |  |

NET ASSETS | 10,760 |  | 13,442 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | 10,660 |  | 13,342 |  |

SHAREHOLDERS' FUNDS | 10,760 |  | 13,442 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SECURITY DRIVERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 04166601) |

BALANCE SHEET - continued

31 MARCH 2025

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 director and authorised for issue on 23 June 2025 and were signed by:

J W English - Director

SECURITY DRIVERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 04166601) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

1. | STATUTORY INFORMATION

| Security Drivers International 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.

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.

| Significant judgements and estimates

| The preparation of financial statements requires management to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

| The estimates underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

| 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Fixtures and fittings | - | 33% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Taxation

| Taxation for the period 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.

SECURITY DRIVERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 04166601) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| 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 period 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.

| Hire purchase and leasing commitments

| Assets obtained under finance leases and hire purchase contracts are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors, net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

| Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

| 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.

| Trade and other payables

| Trade and other payables are measured at transaction price unless the arrangement constitutes a financing transaction in which case the transaction is measured at present value of future payments discounted at prevailing market rate of interest. Other financial liabilities are initially measured at fair value net of their transaction costs. They are subsequently measured at amortised cost using the effective interest method.

| Trade and other receivables

| Trade and other receivables are measures at transaction price less any impairment unless the arrangement constitutes a financing transaction in which case the transaction is measured at the present value of future receipts discounted at the prevailing market rate of interest. Loans are initially measured at fair value and are subsequently measured at amortised cost using the effective interest rate method less any impairment.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 4 (2024 - 5 ) .

SECURITY DRIVERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 04166601) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | and |  | Motor |

| leasehold |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 March 2024 | 17,084 |  | 29,621 |  | 136,036 |  | 182,741 |  |

| Additions | - |  | 296 |  | - |  | 296 |  |

| Disposals | - |  | - |  | (136,036 | ) | (136,036 | ) |

| At 31 March 2025 | 17,084 |  | 29,917 |  | - |  | 47,001 |  |

| DEPRECIATION

| At 1 March 2024 | 7,478 |  | 21,979 |  | 110,654 |  | 140,111 |  |

| Charge for period | 1,560 |  | 2,123 |  | 6,346 |  | 10,029 |  |

| Eliminated on disposal | - |  | - |  | (117,000 | ) | (117,000 | ) |

| At 31 March 2025 | 9,038 |  | 24,102 |  | - |  | 33,140 |  |

| NET BOOK VALUE

| At 31 March 2025 | 8,046 |  | 5,815 |  | - |  | 13,861 |  |

| At 29 February 2024 | 9,606 |  | 7,642 |  | 25,382 |  | 42,630 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Motor

| vehicles

£ |

| COST

| At 1 March 2024 | 21,489 |  |

| Disposals | (21,489 | ) |

| At 31 March 2025 | - |  |

| DEPRECIATION

| At 1 March 2024 | 5,372 |  |

| Charge for period | 4,030 |  |

| Eliminated on disposal | (9,402 | ) |

| At 31 March 2025 | - |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 29 February 2024 | 16,117 |  |

SECURITY DRIVERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 04166601) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 29.2.24

£ | £ |

| Trade debtors | 4,710 |  | 44,959 |  |

| Other debtors | 28,508 |  | 13,553 |  |

| Directors' current accounts | - |  | 18,231 |  |

| Prepayments | - |  | 700 |  |

33,218 |  | 77,443 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 29.2.24

£ | £ |

| Bank loans and overdrafts | 5,597 |  | 5,459 |  |

| Hire purchase contracts | - |  | 6,723 |  |

| Trade creditors | 4,186 |  | 2,150 |  |

| Corporation tax | - |  | 10,206 |  |

| Social security and other taxes | 1,257 |  | 1,627 |  |

| VAT | 10,940 |  | 21,031 |  |

| Other creditors | 7,631 |  | 41,681 |  |

| Directors' current accounts | 251 |  | 251 |  |

| Accrued expenses | 4,000 |  | 4,000 |  |

33,862 |  | 93,128 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 29.2.24

£ | £ |

| Bank loans - 2-5 years | 24,877 |  | 31,000 |  |

| Hire purchase contracts | - |  | 9,564 |  |

24,877 |  | 40,564 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.25 |  | 29.2.24

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The directors, in their capacity as shareholders, received dividends in the year of £42000 (2024 - £Nil).

SECURITY DRIVERS INTERNATIONAL LIMITED (REGISTERED NUMBER: 04166601) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 MARCH 2024 TO 31 MARCH 2025

10. | ULTIMATE CONTROLLING PARTY

| The company is controlled by Mr J English and Mrs S E English, who jointly own the entire ordinary share capital.