REGISTERED NUMBER: SC591320 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 October 2024

for

SIM SECURITY LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms C McEwan

REGISTERED OFFICE:

Suite 4.5

Turnberry House

175 West George Street

Glasgow

G2 2LB

REGISTERED NUMBER:

SC591320 (Scotland)

ACCOUNTANTS:

SD Business Management

Suite 4.5 Turnberry House

175 West George Street

Glasgow

G2 2LB

FIXED ASSETS

Investments

4

533,741

533,741

CURRENT ASSETS

Debtors

4,800

-

Cash at bank

155,093

5,086

159,893

5,086

CREDITORS

Amounts falling due within one year

345,740

264,018

NET CURRENT LIABILITIES

(185,847

)

(258,932

)

TOTAL ASSETS LESS CURRENT LIABILITIES

347,894

274,809

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

347,794

274,709

347,894

274,809

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 October 2025 and were signed by:

Ms C McEwan - Director

1.	STATUTORY INFORMATION

Sim Security Limited is a private company, limited by shares , registered in Scotland. 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 November 2023

and 31 October 2024

533,741

NET BOOK VALUE

At 31 October 2024

533,741

At 31 October 2023

533,741

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

31.10.24

31.10.23

£

£

Ms C McEwan

Balance outstanding at start of year

-

-

Amounts advanced

4,800

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,800

-

No interest is charged on the outstanding loan.

6.	RELATED PARTY DISCLOSURES