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Company Registration No. 14553965 (England and Wales)
1st Shield Security Service Limited Unaudited accounts for the year ended 31 December 2024
1st Shield Security Service Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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1st Shield Security Service Limited Company Information for the year ended 31 December 2024
Director
AlVIN ATSEGWASI
Company Number
14553965 (England and Wales)
Registered Office
G11 Expressway Dock Road London E16 1AH England
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1st Shield Security Service Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1 
1,140 
Current assets
Debtors
5
118,561 
67,945 
Cash at bank and in hand
1,694 
15,357 
120,255 
83,302 
Creditors: amounts falling due within one year
6
(67,370)
(66,541)
Net current assets
52,885 
16,761 
Total assets less current liabilities
52,886 
17,901 
Creditors: amounts falling due after more than one year
7
(31,895)
- 
Net assets
20,991 
17,901 
Capital and reserves
Called up share capital
100 
1 
Profit and loss account
20,891 
17,900 
Shareholders' funds
20,991 
17,901 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 March 2025 and were signed on its behalf by
AlVIN ATSEGWASI Director Company Registration No. 14553965
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1st Shield Security Service Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
1st Shield Security Service Limited is a private company, limited by shares, registered in England and Wales, registration number 14553965. The registered office is G11 Expressway Dock Road, London, E16 1AH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
2,279 
At 31 December 2024
2,279 
Depreciation
At 1 January 2024
1,139 
Charge for the year
1,139 
At 31 December 2024
2,278 
Net book value
At 31 December 2024
1 
At 31 December 2023
1,140 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,974 
4,599 
Other debtors
99,650 
63,346 
104,624 
67,945 
Amounts falling due after more than one year
Other debtors
13,937 
- 
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1st Shield Security Service Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
57,131 
17,510 
Taxes and social security
7,853 
37,531 
Other creditors
2,214 
1,500 
Loans from directors
- 
10,000 
Accruals
172 
- 
67,370 
66,541 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
31,895 
- 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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