REGISTERED NUMBER: 04029226 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

SECURITY DISPOSAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr M W Y Tang

REGISTERED OFFICE:

S2 Mill House Centre

108 Commercial Road

Totton

Southampton

Hampshire

SO40 3AE

REGISTERED NUMBER:

04029226 (England and Wales)

ACCOUNTANTS:

TBW Accountancy Limited

S2 Mill House Centre

108 Commercial Road

Totton

Southampton

Hampshire

SO40 3AE

FIXED ASSETS

Intangible assets

4

71,275

71,275

Tangible assets

5

11,717

11,717

82,992

82,992

CURRENT ASSETS

Debtors

6

13,390

6,506

Cash at bank and in hand

49,401

61,735

62,791

68,241

CREDITORS

Amounts falling due within one year

7

52,756

62,162

NET CURRENT ASSETS

10,035

6,079

TOTAL ASSETS LESS CURRENT LIABILITIES

93,027

89,071

CAPITAL AND RESERVES

Called up share capital

1,050

1,050

Retained earnings

91,977

88,021

SHAREHOLDERS' FUNDS

93,027

89,071

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 3 June 2026 and were signed by:

Mr M W Y Tang - Director

1.	STATUTORY INFORMATION

Security Disposal 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.

Turnover and results before taxation

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill was initially measured at cost. After initial recognition, goodwill is measured at cost less any accumulated amortisation and any accumulated impairment cost.

Goodwill is not amortised at a fixed rate and is carried on the balance sheet at fair value as considered by the directors.

Intangible assets

Capitalised legal costs included in intangible assets are not amortised and are carried on the balance sheet at fair value as considered by the directors.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & Equipment

-

50% on reducing balance

Motor vehicles

-

25% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Legal

Goodwill

costs

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

207,500

4,025

211,525

AMORTISATION

At 1 April 2025

and 31 March 2026

140,250

-

140,250

NET BOOK VALUE

At 31 March 2026

67,250

4,025

71,275

At 31 March 2025

67,250

4,025

71,275

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant &

Motor

property

Equipment

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

4,787

96,858

20,500

122,145

DEPRECIATION

At 1 April 2025

and 31 March 2026

-

96,678

13,750

110,428

NET BOOK VALUE

At 31 March 2026

4,787

180

6,750

11,717

At 31 March 2025

4,787

180

6,750

11,717

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

12,960

6,106

Prepayments and accrued income

430

400

13,390

6,506

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Tax

5,369

6,785

VAT

1,942

1,580

Shareholders loan account

38,445

46,797

Accruals and deferred income

7,000

7,000

52,756

62,162

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr M W Y Tang.

The ultimate controlling party is Mr M W Y Tang.