Encompass Security Solutions Limited 11817369 false 2024-03-01 2025-02-28 2025-02-28 The principal activity of the company is the provision of automated security systems. Digita Accounts Production Advanced 6.30.9574.0 true 11817369 2024-03-01 2025-02-28 11817369 2025-02-28 11817369 core:RetainedEarningsAccumulatedLosses 2025-02-28 11817369 core:ShareCapital 2025-02-28 11817369 core:CurrentFinancialInstruments 2025-02-28 11817369 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 11817369 core:Non-currentFinancialInstruments core:AfterOneYear 2025-02-28 11817369 core:Goodwill 2025-02-28 11817369 core:FurnitureFittingsToolsEquipment 2025-02-28 11817369 core:MotorVehicles 2025-02-28 11817369 core:OtherPropertyPlantEquipment 2025-02-28 11817369 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2025-02-28 11817369 bus:SmallEntities 2024-03-01 2025-02-28 11817369 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 11817369 bus:FilletedAccounts 2024-03-01 2025-02-28 11817369 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 11817369 bus:RegisteredOffice 2024-03-01 2025-02-28 11817369 bus:Director1 2024-03-01 2025-02-28 11817369 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11817369 core:Goodwill 2024-03-01 2025-02-28 11817369 core:ComputerEquipment 2024-03-01 2025-02-28 11817369 core:FurnitureFittings 2024-03-01 2025-02-28 11817369 core:FurnitureFittingsToolsEquipment 2024-03-01 2025-02-28 11817369 core:MotorVehicles 2024-03-01 2025-02-28 11817369 core:OtherPropertyPlantEquipment 2024-03-01 2025-02-28 11817369 core:PlantMachinery 2024-03-01 2025-02-28 11817369 core:KeyManagementPersonnel 2024-03-01 2025-02-28 11817369 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-03-01 2025-02-28 11817369 countries:EnglandWales 2024-03-01 2025-02-28 11817369 2024-02-29 11817369 core:Goodwill 2024-02-29 11817369 core:FurnitureFittingsToolsEquipment 2024-02-29 11817369 core:MotorVehicles 2024-02-29 11817369 core:OtherPropertyPlantEquipment 2024-02-29 11817369 2023-03-01 2024-02-29 11817369 2024-02-29 11817369 core:RetainedEarningsAccumulatedLosses 2024-02-29 11817369 core:ShareCapital 2024-02-29 11817369 core:CurrentFinancialInstruments 2024-02-29 11817369 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 11817369 core:Non-currentFinancialInstruments core:AfterOneYear 2024-02-29 11817369 core:Goodwill 2024-02-29 11817369 core:FurnitureFittingsToolsEquipment 2024-02-29 11817369 core:MotorVehicles 2024-02-29 11817369 core:OtherPropertyPlantEquipment 2024-02-29 iso4217:GBP xbrli:pure

Registration number: 11817369

Encompass Security Solutions Limited
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2025

Pages for filing with Registrar

Encompass Security Solutions Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

Encompass Security Solutions Limited

Company Information

Director | Mr K Wignall

Registered office | Cardwell House Meadowcroft Business Park Pope Lane, Whitestake Preston PR4 4BA

Encompass Security Solutions Limited

(Registration number: 11817369)
Balance Sheet as at 28 February 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 170,032 | 178,981
Tangible assets | 5 | 133,616 | 175,478
|  | 303,648 | 354,459
Current assets |  |  |
Stocks |  | 56,365 | 37,443
Debtors | 6 | 202,578 | 73,274
Cash at bank and in hand |  | 5,315 | 51,052
|  | 264,258 | 161,769
Creditors: Amounts falling due within one year | 7 | (325,025) | (211,619)
Net current liabilities |  | (60,767) | (49,850)
Total assets less current liabilities |  | 242,881 | 304,609
Creditors: Amounts falling due after more than one year | 7 | (188,340) | (252,983)
Net assets |  | 54,541 | 51,626
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | 54,540 | 51,625
Shareholders' funds |  | 54,541 | 51,626

Encompass Security Solutions Limited

(Registration number: 11817369)
Balance Sheet as at 28 February 2025 (continued)

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 November 2025

......................................... Mr K Wignall Director

Encompass Security Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Cardwell House
Meadowcroft Business Park
Pope Lane, Whitestake
Preston
PR4 4BA

These financial statements were authorised for issue by the director on 10 November 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in Sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

The company recognises government grants on the accruals model under FRS102.
Grants that compensate the company for expenses incurred are recognised in profit or loss on a systematic basis in the periods in which the expenses are recognised.

Encompass Security Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

2 | Accounting policies (continued)

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% Reducing balance
Furniure and fittings | 15% Straight line
Computer equipment | 33% Straight line
Motor vehicles | 25% Reducing balance

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised over its estimated usefl life of 20 years.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 20 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Encompass Security Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

2 | Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Encompass Security Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

2 | Accounting policies (continued)

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Encompass Security Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

2 | Accounting policies (continued)

Financial instruments

Classification
The Company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company’s statement of financial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and liability simultaneously.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. As equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 14 (2024 - 12).

Encompass Security Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 March 2024 | 178,981 | 178,981
At 28 February 2025 | 178,981 | 178,981
Amortisation
Amortisation charge | 8,949 | 8,949
At 28 February 2025 | 8,949 | 8,949
Carrying amount
At 28 February 2025 | 170,032 | 170,032
At 29 February 2024 | 178,981 | 178,981

5 | Tangible assets

| Fixtures, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 March 2024 | 10,012 | 291,647 | 10,000 | 311,659
Additions | 3,919 | - | - | 3,919
At 28 February 2025 | 13,931 | 291,647 | 10,000 | 315,578
Depreciation
At 1 March 2024 | 7,030 | 124,776 | 4,375 | 136,181
Charge for the year | 2,656 | 41,719 | 1,406 | 45,781
At 28 February 2025 | 9,686 | 166,495 | 5,781 | 181,962
Carrying amount
At 28 February 2025 | 4,245 | 125,152 | 4,219 | 133,616
At 29 February 2024 | 2,982 | 166,871 | 5,625 | 175,478

Encompass Security Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 186,627 | 67,274
Other debtors | 15,951 | 6,000
| 202,578 | 73,274

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Loans and borrowings | 44,643 | 67,224
Trade creditors | 171,531 | 39,961
Taxation and social security | 41,016 | 28,710
Accruals and deferred income | 6,232 | 1,200
Other creditors | 61,603 | 74,524
| 325,025 | 211,619

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Loans and borrowings | 115,007 | 159,650
Other financial liabilities | 73,333 | 93,333
| 188,340 | 252,983

8 | Related party transactions

Loans to related parties

2025 | Key management £
Advances and repayments | 15,951
At end of period | 15,951

Terms of loans to related parties

Loans owed by key management are repayable on demand.