Company registration number 05914301 (England and Wales)
THAMES SECURITY SHREDDING LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
THAMES SECURITY SHREDDING LTD
COMPANY INFORMATION
Directors
Mr D Treadwell
Mr J J Treadwell
Mr M S Treadwell
Company number
05914301
Registered office
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
United Kingdom
CM12 0EQ
Auditor
Xeinadin Audit Limited
Lakeview House
4 Woodbrook Crescent
Billericay
Essex
England
CM12 0EQ
THAMES SECURITY SHREDDING LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
THAMES SECURITY SHREDDING LTD
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,056
2,741
Current assets
Debtors
4
47,067
82,084
Cash at bank and in hand
1,074
10,906
48,141
92,990
Creditors: amounts falling due within one year
5
(131,480)
(99,557)
Net current liabilities
(83,339)
(6,567)
Net liabilities
(81,283)
(3,826)
Capital and reserves
Called up share capital
6
1,000
1,000
Profit and loss reserves
(82,283)
(4,826)
Total equity
(81,283)
(3,826)

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 30 December 2025 and are signed on its behalf by:
Mr D Treadwell
Director
Company registration number 05914301 (England and Wales)
THAMES SECURITY SHREDDING LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Thames Security Shredding Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Lakeview House, 4 Woodbrook Crescent, Billericay, Essex, United Kingdom, CM12 0EQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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 £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

After reviewing the group's forecasts and projections, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.true

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

1.3
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

 

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% on reducing balance
Motor vehicles
25% on reducing balance
THAMES SECURITY SHREDDING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
4
4
THAMES SECURITY SHREDDING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
3
Tangible fixed assets
Fixtures and fittings
Motor vehicles
Total
£
£
£
Cost
At 1 April 2024 and 31 March 2025
16,516
48,271
64,787
Depreciation and impairment
At 1 April 2024
15,834
46,212
62,046
Depreciation charged in the year
170
515
685
At 31 March 2025
16,004
46,727
62,731
Carrying amount
At 31 March 2025
512
1,544
2,056
At 31 March 2024
682
2,059
2,741
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
27,350
69,489
Other debtors
19,717
11,100
Prepayments and accrued income
-
0
1,495
47,067
82,084
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
16,483
6,997
Amounts owed to group undertakings
66,997
17,319
Taxation and social security
-
0
12,200
Other creditors
-
0
41
Accruals and deferred income
48,000
63,000
131,480
99,557
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
of £1 each
1,000
1,000
1,000
1,000
THAMES SECURITY SHREDDING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
7
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

Senior Statutory Auditor:
Jeffrey Stanley BSc(Econ) FCA
Statutory Auditor:
Xeinadin Audit Limited
Date of audit report:
30 December 2025
8
Parent company

The immediate and ultimate parent undertaking is Thames News Services Ltd, a company incorporated in England and Wales, which holds 100% of the Company's issued share capital .The consolidated financial statements of Thames News Services Ltd are available from the company’s registered office.

 

The Company's ultimate controlling parties are D Tread well,M Treadwell and J Treadwell by virtue of their shareholding in Thames News Services Ltd.

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