Silurian Security Services Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04262091

Silurian Security Services Ltd

Unaudited Financial Statements

31 March 2025

Silurian Security Services Ltd

Strategic Report

Year ended 31 March 2025

This report was approved by the board of directors on 26 August 2025 and signed on behalf of the board by:

Mr E BEER

Director

Registered office:

86 Margam Road

PORT TALBOT

West Glamorgan

Wales

SA13 2BL

Silurian Security Services Ltd

Directors' Report

Year ended 31 March 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2025 .

Directors

The directors who served the company during the year were as follows:

Mr E BEER
Mr D KING
Mrs E HOPKINS

Dividends

The directors do not recommend the payment of a dividend.

This report was approved by the board of directors on 26 August 2025 and signed on behalf of the board by:

Mr E BEER

Director

Registered office:

86 Margam Road

PORT TALBOT

West Glamorgan

Wales

SA13 2BL

Silurian Security Services Ltd

Statement of Income and Retained Earnings

Year ended 31 March 2025

		2025	2024
Note		£	£
Turnover	4	4,239,672	4,272,376

Cost of sales	797,590	1,829,605
	------------	------------
Gross profit	3,442,082	2,442,771

Distribution costs		447	–
Administrative expenses		2,790,987	1,710,937
		------------	------------
Operating profit	5	650,648	731,834

	------------	------------
Profit before taxation	650,648	731,834

Tax on profit	8	162,662	162,254
		---------	---------
Profit for the financial year and total comprehensive income		487,986	569,580
		---------	---------

All the activities of the company are from continuing operations.

Silurian Security Services Ltd

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	9	561,000	675,375

Current assets

Debtors	10	506,351	1,071,492
Cash at bank and in hand		680,417	1,202,754
		------------	------------
		1,186,768	2,274,246

Creditors: amounts falling due within one year	11	268,416	365,888
		------------	------------
Net current assets		918,352	1,908,358
		------------	------------
Total assets less current liabilities		1,479,352	2,583,733
		------------	------------

Capital and reserves

Called up share capital	13	100	100
Profit and loss account		1,479,252	2,583,633
		------------	------------
Shareholders funds		1,479,352	2,583,733
		------------	------------

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

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

These financial statements were approved by the board of directors and authorised for issue on 26 August 2025 , and are signed on behalf of the board by:

Mr E BEER

Director

Company registration number: 04262091

Silurian Security Services Ltd

Statement of Cash Flows

Year ended 31 March 2025

	2025	2024
	£	£

Cash flows from operating activities

Profit for the financial year	487,986	569,580

Adjustments for:
Depreciation of tangible assets	–	52,182
Tax on profit	162,662	162,254

Changes in:
Trade and other debtors	565,141	( 331,591)
Trade and other creditors	( 253,880)	26,446
	---------	---------
Cash generated from operations	961,909	478,871

Tax paid	( 162,254)	( 222,405)
	---------	---------
Net cash from operating activities	799,655	256,466
	---------	---------

Cash flows from investing activities

Purchase of tangible assets	( 10,414)	( 184,828)
Proceeds from sale of tangible assets	124,789	–
	---------	---------
Net cash from/(used in) investing activities	114,375	( 184,828)
	---------	---------

Cash flows from financing activities

Dividends paid	156,000	( 156,000)
	---------	---------
Net cash from/(used in) financing activities	156,000	( 156,000)
	---------	---------

Net increase/(decrease) in cash and cash equivalents	1,070,030	( 84,362)
Cash and cash equivalents at beginning of year	1,202,754	1,287,116
	------------	------------
Cash and cash equivalents at end of year	2,272,784	1,202,754
	------------	------------

Silurian Security Services Ltd

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 86 Margam Road, PORT TALBOT, West Glamorgan, SA13 2BL, Wales.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% straight line
Motor vehicles	-	20% straight line
Equipment	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Turnover

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Operating profit

Operating profit or loss is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	–	52,182
	----	--------

6. Staff costs

The average number of persons employed by the company during the year, including the directors, amounted to:

	2025	2024
	No.	No.
Production staff	–	90
	----	----

The aggregate payroll costs incurred during the year, relating to the above, were:

	2025	2024
	£	£
Wages and salaries	2,699,714	1,579,003
Social security costs	268,053	156,334
Other pension costs	222,396	208,917
	------------	------------
	3,190,163	1,944,254
	------------	------------

7. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	–	460,050
	----	---------

8. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	162,662	162,254
	---------	---------
Tax on profit	162,662	162,254
	---------	---------

9. Tangible assets

	Freehold property	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 April 2024	466,644	2,002	328,758	7,284	804,688
Additions	3,356	6,082	–	976	10,414
Disposals	–	–	( 124,789)	–	( 124,789)
	---------	-------	---------	-------	---------
At 31 March 2025	470,000	8,084	203,969	8,260	690,313
	---------	-------	---------	-------	---------
Depreciation
At 1 April 2024 and 31 March 2025	–	1,084	124,969	3,260	129,313
	---------	-------	---------	-------	---------
Carrying amount
At 31 March 2025	470,000	7,000	79,000	5,000	561,000
	---------	-------	---------	-------	---------
At 31 March 2024	466,644	918	203,789	4,024	675,375
	---------	-------	---------	-------	---------

10. Debtors

	2025	2024
	£	£
Trade debtors	479,501	1,071,492
Other debtors	26,850	–
	---------	------------
	506,351	1,071,492
	---------	------------

11. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	39,622
Corporation tax	162,662	162,254
Social security and other taxes	105,754	262,889
Dividends payable	–	( 156,000)
Other creditors	–	57,123
	---------	---------
	268,416	365,888
	---------	---------

12. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 222,396 (2024: £ 208,917 ).

13. Called up share capital

Issued and called up

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

Shares issued and partly paid

	2025		2024
	No.	£	No.	£
Ordinary shares - £– paid of £ 1 each	100	–	100	–
	----	----	----	----

14. Analysis of changes in net debt

	At 1 Apr 2024	Cash flows	At 31 Mar 2025
	£	£	£
Cash at bank and in hand	1,202,754	(522,337)	680,417
	------------	---------	---------