Company Registration No. 08436260 (England and Wales)
Security and Event Solutions Ltd
Unaudited accounts
for the year ended 31 March 2025
Security and Event Solutions Ltd
Unaudited accounts
Contents
Security and Event Solutions Ltd
Company Information
for the year ended 31 March 2025
Director
Gareth Gwynne-Smith
Company Number
08436260 (England and Wales)
Registered Office
THE OLD LABORATORY 59 NORTH STREET
PORTSLADE
BRIGHTON
BN41 1DH
ENGLAND
Accountants
Flamingo Accounting Limited
Unit 3 Northam Business Centre
Princes Street
Southampton
United Kingdom
SO14 5RP
Security and Event Solutions Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
30,353
47,200
Cash at bank and in hand
8
10,000
Creditors: amounts falling due within one year
(240,835)
(330,244)
Net current liabilities
(72,779)
(153,897)
Total assets less current liabilities
(42,426)
(102,997)
Creditors: amounts falling due after more than one year
(90,663)
(21,667)
Net liabilities
(133,089)
(124,664)
Called up share capital
2
2
Profit and loss account
(133,091)
(124,666)
Shareholders' funds
(133,089)
(124,664)
For the year ending 31 March 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 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 12 December 2025 and were signed on its behalf by
Gareth Gwynne-Smith
Director
Company Registration No. 08436260
Security and Event Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025
Security and Event Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 08436260. The registered office is THE OLD LABORATORY 59 NORTH STREET, PORTSLADE, BRIGHTON, BN41 1DH, 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.
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 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
25% on reducing balance
Motor vehicles
25% on reducing balance
Computer equipment
25% on reducing balance
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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
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.
Security and Event Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
15,607
92,515
13,061
121,183
Additions
-
1,850
242
2,092
Disposals
-
(23,050)
-
(23,050)
At 31 March 2025
15,607
71,315
13,303
100,225
At 1 April 2024
10,626
53,401
9,956
73,983
Charge for the year
1,245
7,481
1,025
9,751
On disposals
-
(13,862)
-
(13,862)
At 31 March 2025
11,871
47,020
10,981
69,872
At 31 March 2025
3,736
24,295
2,322
30,353
At 31 March 2024
4,981
39,114
3,105
47,200
Amounts falling due within one year
Trade debtors
148,171
147,202
Deferred tax asset
13,841
17,005
Security and Event Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
30,685
23,824
Trade creditors
90,781
18,539
Taxes and social security
9,668
41,499
Other creditors
69,661
150,744
Loans from directors
(16,054)
1,966
Included within Other creditors is an amount of £61,784 (2024: £141,700) advanced by a factoring company. These are secured at approximately 75%, between a mix of director guarantee, and fixed and floating charges over the company's assets.
8
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Operating lease commitments
2025
2024
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
20,000
19,500
As at the year end, the director G Gwynne-Smith owed the company £16,054, all of which was repaid within nine months of the year end.
12
Average number of employees
During the year the average number of employees was 63 (2024: 56).