REGISTERED NUMBER: 06188316 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

NK Security Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N K O'Farrell

SECRETARY:

Mrs Z O'Farrell

REGISTERED OFFICE:

940 Green Lanes

London

N21 2AD

REGISTERED NUMBER:

06188316 (England and Wales)

ACCOUNTANTS:

Graeme Bruce & Partners LLP

940 Green Lanes

London

N21 2AD

FIXED ASSETS

Tangible assets

4

26,335

35,288

CURRENT ASSETS

Debtors

5

30,680

54,965

Cash at bank and in hand

41,914

26,038

72,594

81,003

CREDITORS

Amounts falling due within one year

6

84,279

76,686

NET CURRENT (LIABILITIES)/ASSETS

(11,685

)

4,317

TOTAL ASSETS LESS CURRENT LIABILITIES

14,650

39,605

CREDITORS

Amounts falling due after more than one year

7

12,278

27,059

NET ASSETS

2,372

12,546

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,272

12,446

2,372

12,546

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 director acknowledges his 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 director and authorised for issue on 4 July 2025 and were signed by:

N K O'Farrell - Director

1.	STATUTORY INFORMATION

NK Security Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets

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

Plant and machinery etc

-

33% on reducing balance and 25% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

59,206

DEPRECIATION

At 1 April 2024

23,918

Charge for year

8,953

At 31 March 2025

32,871

NET BOOK VALUE

At 31 March 2025

26,335

At 31 March 2024

35,288

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

30,680

54,965

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,648

10,648

Hire purchase contracts

4,780

4,780

Trade creditors

1

(1

)

Taxation and social security

41,121

39,012

Other creditors

27,729

22,247

84,279

76,686

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,125

11,125

Hire purchase contracts

11,153

15,934

12,278

27,059