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REGISTERED NUMBER: 03185130 (England and Wales)















DS Security Group Limited

Financial Statements for the Year Ended 31 December 2025






DS Security Group Limited (Registered number: 03185130)






Contents of the Financial Statements
for the Year Ended 31 December 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DS Security Group Limited

Company Information
for the Year Ended 31 December 2025







DIRECTORS: Mr D Shaw
Ms S M Bergström
Mr M I Whittaker





REGISTERED OFFICE: Unit 3
57 Windsor Avenue
Wimbledon
London
SW19 2RR





REGISTERED NUMBER: 03185130 (England and Wales)





AUDITORS: Swindells LLP
Chartered Accountants
and Statutory Auditor
Atlantic House
8 Bell Lane
Bellbrook Industrial Estate
Uckfield
East Sussex
TN22 1QL

DS Security Group Limited (Registered number: 03185130)

Balance Sheet
31 December 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,556 48,176

CURRENT ASSETS
Stocks 467,735 381,421
Debtors 5 991,886 790,096
Investments 6 31,401 100
Cash at bank and in hand 914,664 1,029,154
2,405,686 2,200,771
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

7

784,594

810,586
NET CURRENT ASSETS 1,621,092 1,390,185
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,654,648

1,438,361

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR

8

-

5,884
NET ASSETS 1,654,648 1,432,477

CAPITAL AND RESERVES
Called up share capital 9 90 90
Capital redemption reserve 10 10
Retained earnings 1,654,548 1,432,377
SHAREHOLDERS' FUNDS 1,654,648 1,432,477

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 16 May 2026 and were signed on its behalf by:




Mr M I Whittaker - Director


DS Security Group Limited (Registered number: 03185130)

Notes to the Financial Statements
for the Year Ended 31 December 2025

1. STATUTORY INFORMATION

DS Security Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


DS Security Group Limited (Registered number: 03185130)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2025

2. ACCOUNTING POLICIES - continued
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.

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 37 (2024 - 33 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2025 10,909 75,458 3,292 89,659
Additions - - 13,023 13,023
Disposals - (10,556 ) - (10,556 )
At 31 December 2025 10,909 64,902 16,315 92,126
DEPRECIATION
At 1 January 2025 6,111 32,080 3,292 41,483
Charge for year 1,129 21,546 2,127 24,802
Eliminated on disposal - (7,715 ) - (7,715 )
At 31 December 2025 7,240 45,911 5,419 58,570
NET BOOK VALUE
At 31 December 2025 3,669 18,991 10,896 33,556
At 31 December 2024 4,798 43,378 - 48,176

DS Security Group Limited (Registered number: 03185130)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 629,803 642,928
Amounts owed by group undertakings 102,826 -
Other debtors 259,257 147,168
991,886 790,096

6. CURRENT ASSET INVESTMENTS
2025 2024
£    £   
Unlisted investments 31,401 100

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 5,884 17,656
Trade creditors 194,660 402,450
Amounts owed to group undertakings - 1,175
Taxation and social security 79,306 78,407
Other creditors 504,744 310,898
784,594 810,586

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Hire purchase contracts - 5,884

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
90 Ordinary A £1 90 90

DS Security Group Limited (Registered number: 03185130)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2025

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was qualified on the following basis:

Basis for qualified opinion
We were not appointed as auditor of the company until after 31 December 2023 and thus did not observe the counting of physical stock at the end of that year. We were unable to satisfy ourselves by alternative means concerning the value of stock of £127,562 held at 31 December 2023 by using other audit procedures. Consequently we were unable to determine whether there was any consequential effect on the cost of sales for the year ended 31 December 2024. Our audit opinion on the financial statements for the year ended 31 December 2024 was modified accordingly. Our opinion on the current year's financial statements is also modified because of the possible effect of this matter on the comparability of the current year's figures and the corresponding figures. We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion.

Joanna Green BSc FCA (Senior Statutory Auditor)
for and on behalf of Swindells LLP

11. OTHER FINANCIAL COMMITMENTS

Total financial commitments which are not included in the balance sheet amount to £119,135 (2024: £186,502) and are in respect of operating leases.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Assa Abloy AB Sweden.

The immediate parent company is Assa Abloy Global Solutions UK Ltd.