1 November 2023 false No description of principal activity Taxfiler 2024.6 13676351business:PrivateLimitedCompanyLtd2023-11-012024-10-31 136763512023-10-31 136763512023-11-012024-10-31 13676351business:AuditExempt-NoAccountantsReport2023-11-012024-10-31 13676351business:FilletedAccounts2023-11-012024-10-31 136763512024-10-31 13676351business:Director12023-11-012024-10-31 13676351business:RegisteredOffice2023-11-012024-10-31 136763512023-10-31 13676351core:WithinOneYear2024-10-31 13676351core:WithinOneYear2023-10-31 13676351core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 13676351core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 13676351core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 13676351core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 13676351core:PreviouslyStatedAmount2024-10-31 13676351core:PreviouslyStatedAmount2023-10-31 13676351business:SmallEntities2023-11-012024-10-31 13676351countries:EnglandWales2023-11-012024-10-31 13676351core:PlantMachinery2023-10-31 13676351core:MotorVehicles2023-10-31 13676351core:FurnitureFittings2023-10-31 13676351core:PlantMachinery2024-10-31 13676351core:MotorVehicles2024-10-31 13676351core:FurnitureFittings2024-10-31 13676351core:PlantMachinery2023-11-012024-10-31 13676351core:MotorVehicles2023-11-012024-10-31 13676351core:FurnitureFittings2023-11-012024-10-31 136763512022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 13676351 (England and Wales)
PRIME SECURITY MIDLANDS LTD Unaudited accounts for the year ended 31 October 2024
PRIME SECURITY MIDLANDS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
PRIME SECURITY MIDLANDS LTD Company Information for the year ended 31 October 2024
Director
Imranuddin KHAN
Company Number
13676351 (England and Wales)
Registered Office
Office 1, Floor 1, 57 St. Stephens Road, Leicester LE2 1GH United Kingdom
- 3 -
PRIME SECURITY MIDLANDS LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
16,842 
20,710 
Current assets
Debtors
5
42,240 
28,585 
Cash at bank and in hand
32,741 
44,712 
74,981 
73,297 
Creditors: amounts falling due within one year
6
(78,200)
(67,032)
Net current (liabilities)/assets
(3,219)
6,265 
Net assets
13,623 
26,975 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
13,523 
26,875 
Shareholders' funds
13,623 
26,975 
For the year ending 31 October 2024 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 director acknowledges his 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 and authorised for issue on 24 October 2025 and were signed on its behalf by
Imranuddin KHAN Director Company Registration No. 13676351
- 4 -
PRIME SECURITY MIDLANDS LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
PRIME SECURITY MIDLANDS LTD is a private company, limited by shares, registered in England and Wales, registration number 13676351. The registered office is Office 1, Floor 1, 57 St. Stephens Road,, Leicester, LE2 1GH, United Kingdom.
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.
3
Accounting policies
These financial statements for the year ended 31 October 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
2,647 
21,026 
4,371 
28,044 
At 31 October 2024
2,647 
21,026 
4,371 
28,044 
Depreciation
At 1 November 2023
662 
5,720 
952 
7,334 
Charge for the year
496 
2,756 
616 
3,868 
At 31 October 2024
1,158 
8,476 
1,568 
11,202 
Net book value
At 31 October 2024
1,489 
12,550 
2,803 
16,842 
At 31 October 2023
1,985 
15,306 
3,419 
20,710 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
42,240 
28,585 
- 5 -
PRIME SECURITY MIDLANDS LTD Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
18,144 
10,294 
Trade creditors
24,137 
23,933 
Taxes and social security
31,921 
18,185 
Loans from directors
3,998 
14,620 
78,200 
67,032 
7
Average number of employees
During the year the average number of employees was 18 (2023: 65).
- 6 -