Silverfin false false 31/12/2025 01/01/2025 31/12/2025 P Coole 24/08/2007 18 May 2026 The company's principal activity during the year continued to be that of commercial and residential security installations and maintenance. 04689217 2025-12-31 04689217 bus:Director1 2025-12-31 04689217 2024-12-31 04689217 core:CurrentFinancialInstruments 2025-12-31 04689217 core:CurrentFinancialInstruments 2024-12-31 04689217 core:ShareCapital 2025-12-31 04689217 core:ShareCapital 2024-12-31 04689217 core:SharePremium 2025-12-31 04689217 core:SharePremium 2024-12-31 04689217 core:RetainedEarningsAccumulatedLosses 2025-12-31 04689217 core:RetainedEarningsAccumulatedLosses 2024-12-31 04689217 core:Goodwill 2024-12-31 04689217 core:Goodwill 2025-12-31 04689217 core:LandBuildings 2024-12-31 04689217 core:PlantMachinery 2024-12-31 04689217 core:Vehicles 2024-12-31 04689217 core:FurnitureFittings 2024-12-31 04689217 core:ComputerEquipment 2024-12-31 04689217 core:LandBuildings 2025-12-31 04689217 core:PlantMachinery 2025-12-31 04689217 core:Vehicles 2025-12-31 04689217 core:FurnitureFittings 2025-12-31 04689217 core:ComputerEquipment 2025-12-31 04689217 core:ImmediateParent core:CurrentFinancialInstruments 2025-12-31 04689217 core:ImmediateParent core:CurrentFinancialInstruments 2024-12-31 04689217 2025-01-01 2025-12-31 04689217 bus:FilletedAccounts 2025-01-01 2025-12-31 04689217 bus:SmallEntities 2025-01-01 2025-12-31 04689217 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 04689217 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04689217 bus:Director1 2025-01-01 2025-12-31 04689217 core:Goodwill core:TopRangeValue 2025-01-01 2025-12-31 04689217 core:Goodwill 2025-01-01 2025-12-31 04689217 core:PlantMachinery 2025-01-01 2025-12-31 04689217 core:Vehicles 2025-01-01 2025-12-31 04689217 core:FurnitureFittings 2025-01-01 2025-12-31 04689217 core:ComputerEquipment 2025-01-01 2025-12-31 04689217 2024-01-01 2024-12-31 04689217 core:LandBuildings 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Company No: 04689217 (England and Wales)

# D S SECURITIES LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

D S SECURITIES LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

D S SECURITIES LIMITED

## BALANCE SHEET

As at 31 December 2025
D S SECURITIES LIMITED

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Intangible assets | 3 | 84,402 |  | 37,189
Tangible assets | 4 | 405,787 |  | 440,654
|  | 490,189 |  | 477,843
Current assets |  |  |  |
Stocks | 5 | 12,000 |  | 12,000
Debtors | 6 | 942,262 |  | 919,772
Cash at bank and in hand |  | 579,890 |  | 391,922
|  | 1,534,152 |  | 1,323,694
Creditors: amounts falling due within one year | 7 | ( 468,120) |  | ( 360,837)
Net current assets |  | 1,066,032 |  | 962,857
Total assets less current liabilities |  | 1,556,221 |  | 1,440,700
Provision for liabilities |  | ( 24,378) |  | ( 32,319)
Net assets |  | 1,531,843 |  | 1,408,381
Capital and reserves |  |  |  |
Called-up share capital |  | 500,000 |  | 500,000
Share premium account | 8 | 49,325 |  | 49,325
Profit and loss account |  | 982,518 |  | 859,056
Total shareholder's funds |  | 1,531,843 |  | 1,408,381

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of D S Securities Limited (registered number: 04689217) were approved and authorised for issue by the Director on 18 May 2026. They were signed on its behalf by:

P Coole Director |

D S SECURITIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
D S SECURITIES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

D S Securities Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 9 Oakwood Business Park, Oldmixon Crescent, Weston-super-Mare, North Somerset, BS24 9AY, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill | 5 years straight line

###### Goodwill

Goodwill arises on business combinations and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
During the year, the company reviewed the useful economic life of its customer contracts. To more accurately reflect the pattern of consumption of economic benefits, the amortisation method was changed from 6% reducing balance to 20% straight line. This change has been applied prospectively.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | not depreciated
Plant and machinery | 15 % reducing balance
Vehicles | 15 - 25 % reducing balance
Fixtures and fittings | 15 % reducing balance
Computer equipment | 15 - 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 12 |  | 10

#### 3. Intangible assets

| Goodwill |  | Total
| £ |  | £
Cost |  |  |
At 01 January 2025 | 553,154 |  | 553,154
Additions | 61,604 |  | 61,604
At 31 December 2025 | 614,758 |  | 614,758
Accumulated amortisation |  |  |
At 01 January 2025 | 515,965 |  | 515,965
Charge for the financial year | 14,391 |  | 14,391
At 31 December 2025 | 530,356 |  | 530,356
Net book value |  |  |
At 31 December 2025 | 84,402 |  | 84,402
At 31 December 2024 | 37,189 |  | 37,189

#### 4. Tangible assets

| Land and buildings |  | Plant and machinery |  | Vehicles |  | Fixtures and fittings |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |  |  |
At 01 January 2025 | 291,635 |  | 8,640 |  | 252,722 |  | 31,051 |  | 42,107 |  | 626,155
Additions | 0 |  | 1,433 |  | 0 |  | 0 |  | 0 |  | 1,433
At 31 December 2025 | 291,635 |  | 10,073 |  | 252,722 |  | 31,051 |  | 42,107 |  | 627,588
Accumulated depreciation |  |  |  |  |  |  |  |  |  |  |
At 01 January 2025 | 0 |  | 6,270 |  | 122,223 |  | 25,982 |  | 31,026 |  | 185,501
Charge for the financial year | 0 |  | 377 |  | 32,582 |  | 1,178 |  | 2,163 |  | 36,300
At 31 December 2025 | 0 |  | 6,647 |  | 154,805 |  | 27,160 |  | 33,189 |  | 221,801
Net book value |  |  |  |  |  |  |  |  |  |  |
At 31 December 2025 | 291,635 |  | 3,426 |  | 97,917 |  | 3,891 |  | 8,918 |  | 405,787
At 31 December 2024 | 291,635 |  | 2,370 |  | 130,499 |  | 5,069 |  | 11,081 |  | 440,654

#### 5. Stocks

| 2025 |  | 2024
| £ |  | £
Stocks | 12,000 |  | 12,000

#### 6. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 171,203 |  | 181,663
Amounts owed by Parent undertakings | 731,344 |  | 712,821
Other debtors | 39,715 |  | 25,288
| 942,262 |  | 919,772

Amounts owed by Group undertakings are repayable on demand and do not bear interest.

#### 7. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 71,779 |  | 24,034
Accruals and deferred income | 275,737 |  | 233,630
Taxation and social security | 118,554 |  | 73,788
Obligations under finance leases and hire purchase contracts | 0 |  | 20,040
Other creditors | 2,050 |  | 9,345
| 468,120 |  | 360,837

#### 8. Share Premium

| 2025 |  | 2024
| £ |  | £
Share Premium | 49,325 |  | 49,325

#### 9. Ultimate controlling party

Parent Company:

Coole Maintenance Limited
Unit 9 Oakwood Business Park, Oldmixon Crescent, Weston-super-Mare, North Somerset, BS24 9AY