Telescan Security Systems Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01789231 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Telescan Security Systems Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J E Horton

H E Horton

SECRETARY:

Mrs J E Horton

REGISTERED OFFICE:

6 Springhill

Widdington

Saffron Walden

Essex

CB11 3SA

REGISTERED NUMBER:

01789231 (England and Wales)

ACCOUNTANTS:

A M Sewell & Co Limited

25 Throwley Close

Basildon

Essex

SS13 2AW

FIXED ASSETS

Tangible assets

4

1,265,385

1,265,514

CURRENT ASSETS

Debtors

5

2,209

2,108

Cash at bank

11,761

18,122

13,970

20,230

CREDITORS

Amounts falling due within one year

6

38,518

29,282

NET CURRENT LIABILITIES

(24,548

)

(9,052

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,240,837

1,256,462

CREDITORS

Amounts falling due after more than one
year

7

(318,885

)

(338,800

)

PROVISIONS FOR LIABILITIES

(206,054

)

(205,239

)

NET ASSETS

715,898

712,423

CAPITAL AND RESERVES

Called up share capital

50

Revaluation reserve

9

620,183

Retained earnings

95,665

92,190

SHAREHOLDERS' FUNDS

715,898

712,423

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 21 April 2026 and were signed on its behalf by:

H E Horton - Director

1.	STATUTORY INFORMATION

Telescan Security Systems Limited 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 as modified by the revaluation of certain assets.

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

-

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

Computer

property

equipment

Totals

£

COST OR VALUATION

At 1 August 2024

and 31 July 2025

1,265,000

1,772

1,266,772

DEPRECIATION

At 1 August 2024

-

1,258

Charge for year

-

129

At 31 July 2025

-

1,387

NET BOOK VALUE

At 31 July 2025

1,265,000

385

1,265,385

At 31 July 2024

1,265,000

514

1,265,514

Included in cost or valuation of land and buildings is freehold land of £ 1,265,000 (2024 - £ 1,265,000 ) which is not depreciated.

Cost or valuation at 31 July 2025 is represented by:

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

Valuation in 2008

362,250

-

Valuation in 2012

96,854

45,940

28,959

Valuation in 2015

134,736

-

Valuation in 2016

206,160

-

Valuation in 2018

50,000

-

Valuation in 2019

-

(43,040

)

(28,959

)

Valuation in 2021

-

(2,900

)

-

Valuation in 2023

415,000

-

1,265,000

-

Motor

Computer

vehicles

equipment

Totals

£

Valuation in 2008

-

362,250

Valuation in 2012

14,914

4,563

191,230

Valuation in 2013

-

2,510

Valuation in 2015

-

949

135,685

Valuation in 2016

-

206,160

Valuation in 2018

5,501

-

55,501

Valuation in 2019

-

(7,073

)

(79,072

)

Valuation in 2021

(20,415

)

-

(23,315

)

Valuation in 2023

-

823

415,823

-

1,772

1,266,772

If the properties had not been revalued they would have been included at the following historical cost:

31.7.25

31.7.24

£

Cost

438,090

Aggregate depreciation

76,011

71,630

Value of land in freehold land and buildings

219,045

The four freehold properties were valued on an open market basis on 31 July 2023 by the Directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Other debtors

2,209

2,108

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Taxation and social security

(881

)

-

Other creditors

39,399

29,282

38,518

29,282

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

Bank loans

121,300

Other creditors

197,585

217,500

318,885

338,800

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

Bank loans

121,300

Mortgage from Shawbrook bank secured on 26 Bullfields, Newport.

9.

RESERVES

Revaluation

reserve

£

At 1 August 2024

and 31 July 2025

620,183

10.	RELATED PARTY DISCLOSURES

The company is controlled by the directors.

The directors have provided finance to the business. At the balance sheet date the amount owed to the Directors was £234,455 (2024: £243,172). Capital introduced (credits) amounted to £19,413 (2024: £8,800) and Withdrawal (debits) amounted to £28,130 (2024: £24,135).