Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07282373 Mr Richard Acheampong Mr Richard Acheampong iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07282373 2024-03-31 07282373 2025-03-31 07282373 2024-04-01 2025-03-31 07282373 frs-core:CurrentFinancialInstruments 2025-03-31 07282373 frs-core:Non-currentFinancialInstruments 2025-03-31 07282373 frs-core:ComputerEquipment 2025-03-31 07282373 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07282373 frs-core:ComputerEquipment 2024-03-31 07282373 frs-core:FurnitureFittings 2025-03-31 07282373 frs-core:FurnitureFittings 2024-04-01 2025-03-31 07282373 frs-core:FurnitureFittings 2024-03-31 07282373 frs-core:MotorVehicles 2025-03-31 07282373 frs-core:MotorVehicles 2024-04-01 2025-03-31 07282373 frs-core:MotorVehicles 2024-03-31 07282373 frs-core:ShareCapital 2025-03-31 07282373 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07282373 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07282373 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07282373 frs-bus:SmallEntities 2024-04-01 2025-03-31 07282373 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07282373 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07282373 frs-bus:Director1 2024-04-01 2025-03-31 07282373 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 07282373 frs-core:CurrentFinancialInstruments 1 2025-03-31 07282373 frs-core:CurrentFinancialInstruments 2 2025-03-31 07282373 frs-countries:EnglandWales 2024-04-01 2025-03-31 07282373 2023-03-31 07282373 2024-03-31 07282373 2023-04-01 2024-03-31 07282373 frs-core:CurrentFinancialInstruments 2024-03-31 07282373 frs-core:Non-currentFinancialInstruments 2024-03-31 07282373 frs-core:ShareCapital 2024-03-31 07282373 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07282373 frs-core:CurrentFinancialInstruments 1 2024-03-31 07282373 frs-core:CurrentFinancialInstruments 2 2024-03-31
Registered number: 07282373
Guarding Professionals Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Bradleys Accountants Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 07282373
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 32,605 37,754
32,605 37,754
CURRENT ASSETS
Debtors 5 577,953 3,198,786
Cash at bank and in hand 633,354 351,787
1,211,307 3,550,573
Creditors: Amounts Falling Due Within One Year 6 (456,425 ) (2,521,667 )
NET CURRENT ASSETS (LIABILITIES) 754,882 1,028,906
TOTAL ASSETS LESS CURRENT LIABILITIES 787,487 1,066,660
Creditors: Amounts Falling Due After More Than One Year 7 (6,612 ) (16,692 )
NET ASSETS 780,875 1,049,968
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 779,875 1,048,968
SHAREHOLDERS' FUNDS 780,875 1,049,968
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Richard Acheampong
Director
31/12/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Guarding Professionals Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07282373 . The registered office is UNIT 30, THE BUSINESS INNOVATION CENTRE 1 ELECTRIC AVENUE, ENFIELD, EN3 7XU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 50 (2024: 21)
50 21
Page 2
Page 3
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 62,034 6,076 9,898 78,008
As at 31 March 2025 62,034 6,076 9,898 78,008
Depreciation
As at 1 April 2024 29,134 5,840 5,280 40,254
Provided during the period 3,936 59 1,154 5,149
As at 31 March 2025 33,070 5,899 6,434 45,403
Net Book Value
As at 31 March 2025 28,964 177 3,464 32,605
As at 1 April 2024 32,900 236 4,618 37,754
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors (493,525 ) 2,147,308
Other debtors (1) 921,478 901,478
Other debtors (2) 150,000 150,000
577,953 3,198,786
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 20,195 279,051
Bank loans and overdrafts 10,648 10,648
Corporation tax 21,858 194,230
Other taxes and social security 35,969 36,977
VAT 238,618 480,608
Net wages - 24,965
Pensions Payable 27,182 15,532
Accruals and deferred income - 1,253,561
Director's loan account 101,955 226,095
456,425 2,521,667
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 6,612 16,692
Page 3
Page 4
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4