REGISTERED NUMBER: 05087228 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Ac Security Solutions Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Intangible assets

4

66,553

86,597

Tangible assets

5

12,551

13,945

Investment property

6

770,002

770,002

849,106

870,544

Current assets

Stocks

7

143,808

163,808

Debtors

8

2,660,497

2,064,320

Cash at bank

359,159

53,123

3,163,464

2,281,251

Creditors

Amounts falling due within one year

9

(1,914,086

)

(1,376,367

)

Net current assets

1,249,378

904,884

Total assets less current liabilities

2,098,484

1,775,428

Creditors

Amounts falling due after more than one year

10

(128,605

)

(139,248

)

Net assets

1,969,879

1,636,180

Capital and reserves

Called up share capital

10,000

10,000

Retained earnings

12

1,959,879

1,626,180

Shareholders' funds

1,969,879

1,636,180

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

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

The directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2025 and were signed on its behalf by:

Eric Yves Leon - Director

Mrs Patricia Leon - Director

1.	Statutory information

Ac Security Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05087228

Registered office:

Metalflake House

Oakcroft Road

Chessington

KT9 1RH

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year 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.

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 year 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.

3.	Employees and directors

The average number of employees during the year was NIL (2024 - NIL).

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

558,204

Amortisation

At 1 April 2024

471,607

Amortisation for year

20,044

At 31 March 2025

491,651

Net book value

At 31 March 2025

66,553

At 31 March 2024

86,597

5.	Tangible fixed assets

Motor

vehicles

£

Cost

At 1 April 2024

and 31 March 2025

15,495

Depreciation

At 1 April 2024

1,550

Charge for year

1,394

At 31 March 2025

2,944

Net book value

At 31 March 2025

12,551

At 31 March 2024

13,945

6.	Investment property

Total

£

Fair value

At 1 April 2024

and 31 March 2025

770,002

Net book value

At 31 March 2025

770,002

At 31 March 2024

770,002

7.

Stocks

31.3.25

31.3.24

£

£

Finished goods

143,808

163,808

8.

Debtors: amounts falling due within one year

31.3.25

31.3.24

£

£

Trade debtors

143,605

122,131

Inter Company - Pageantry

1,944,963

1,375,044

Inter Company JMC

567,146

567,145

Bad debt provision

(909

)

-

Prepayments

5,692

-

2,660,497

2,064,320

9.

Creditors: amounts falling due within one year

31.3.25

31.3.24

£

£

Bank loans and overdrafts (see note 11)

(184

)

8,888

Trade creditors

635,048

120,498

VAT

83,236

34,167

Director Loan - Eric Leon

1,180,601

1,163,222

Accrued expenses

15,385

49,592

1,914,086

1,376,367

10.

Creditors: amounts falling due after more than one year

31.3.25

31.3.24

£

£

Bank loans (see note 11)

94,667

139,248

Hire purchase contracts

33,938

-

128,605

139,248

11.

Loans

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due within one year or on demand:

Funding Circle

(184

)

8,888

Amounts falling due between one and two years:

Bank loans > 1 year

94,667

139,248

12.

Reserves

Retained

earnings

£

At 1 April 2024

1,626,180

Profit for the year

367,226

Bonus share issue

(33,527

)

At 31 March 2025

1,959,879