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Registered number: 01565562
Sentinel Security Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 01565562
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 487,333 559,083
Tangible Assets 5 12,380 16,507
499,713 575,590
CURRENT ASSETS
Debtors 7 361,994 353,458
Cash at bank and in hand 490 312,191
362,484 665,649
Creditors: Amounts Falling Due Within One Year 8 (499,745 ) (720,931 )
NET CURRENT ASSETS (LIABILITIES) (137,261 ) (55,282 )
TOTAL ASSETS LESS CURRENT LIABILITIES 362,452 520,308
Creditors: Amounts Falling Due After More Than One Year 9 (97,708 ) (177,708 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,056 ) (2,757 )
NET ASSETS 262,688 339,843
CAPITAL AND RESERVES
Called up share capital 11 270 270
Income Statement 262,418 339,573
SHAREHOLDERS' FUNDS 262,688 339,843
Page 1
Page 2
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 Income Statement.
On behalf of the board
Mr Lee Oldaker
Director
14/01/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sentinel Security Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01565562 . The registered office is Unit 2 Premier Business Park, Faraday Road, Hereford, HR4 9NZ.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to income statement over its estimated economic life of 10 years.
2.4. 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:
Leasehold 25% Reducing Balance
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. 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.
...CONTINUED
Page 3
Page 4
2.7. Taxation - continued
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: 18 (2024: 19)
18 19
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 730,000
As at 31 March 2025 730,000
Amortisation
As at 1 April 2024 170,917
Provided during the period 71,750
As at 31 March 2025 242,667
Net Book Value
As at 31 March 2025 487,333
As at 1 April 2024 559,083
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 6,898 6,161 71,465 43,189 127,713
As at 31 March 2025 6,898 6,161 71,465 43,189 127,713
Depreciation
As at 1 April 2024 6,642 6,039 56,974 41,551 111,206
Provided during the period 64 31 3,623 409 4,127
As at 31 March 2025 6,706 6,070 60,597 41,960 115,333
Net Book Value
As at 31 March 2025 192 91 10,868 1,229 12,380
As at 1 April 2024 256 122 14,491 1,638 16,507
6. Stocks
31 March 2025 31 March 2024
£ £
Page 4
Page 5
7. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Trade debtors 215,097 348,841
Amounts owed by group undertakings 119,866 -
Other debtors 27,031 4,617
361,994 353,458
8. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Trade creditors 178,221 320,688
Bank loans and overdrafts 8,289 685
Other loans 80,000 190,000
Amounts owed to group undertakings 65,860 -
Amounts owed to participating interests - 2,513
Other creditors 135,418 64,171
Taxation and social security 31,957 142,874
499,745 720,931
9. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 31 March 2024
£ £
Net obligations under finance lease and hire purchase contracts 11,041 11,041
Other loans 86,667 166,667
97,708 177,708
10. Obligations Under Finance Leases and Hire Purchase
31 March 2025 31 March 2024
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years 11,041 11,041
11. Share Capital
31 March 2025 31 March 2024
£ £
Allotted, Called up and fully paid 270 270
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