1 November 2024 v2026.21.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP025113422024-11-012025-10-31025113422025-10-31025113422024-10-3102511342core:WithinOneYear2025-10-3102511342core:WithinOneYear2024-10-3102511342core:AfterOneYear2025-10-3102511342core:AfterOneYear2024-10-3102511342core:ShareCapital2025-10-3102511342core:ShareCapital2024-10-3102511342core:SharePremium2025-10-3102511342core:SharePremium2024-10-3102511342core:RevaluationReserve2025-10-3102511342core:RevaluationReserve2024-10-3102511342core:RetainedEarningsAccumulatedLosses2025-10-3102511342core:RetainedEarningsAccumulatedLosses2024-10-3102511342bus:Director12024-11-012025-10-3102511342bus:RegisteredOffice2024-11-012025-10-3102511342core:NetGoodwill2024-11-012025-10-3102511342core:Goodwill2024-11-012025-10-3102511342core:LandBuildings2024-11-012025-10-3102511342core:PlantMachinery2024-11-012025-10-3102511342core:MotorVehicles2024-11-012025-10-3102511342core:FurnitureFittings2024-11-012025-10-3102511342core:OfficeEquipment2024-11-012025-10-31025113422023-11-012024-10-31025113422024-11-0102511342core:CostValuation2024-11-0102511342core:CostValuation2025-10-3102511342core:ProvisionsForImpairmentInvestments2024-11-0102511342core:ProvisionsForImpairmentInvestments2025-10-310251134212024-11-012025-10-3102511342countries:EnglandWales2024-11-012025-10-3102511342bus:AuditExemptWithAccountantsReport2024-11-012025-10-3102511342bus:PrivateLimitedCompanyLtd2024-11-012025-10-3102511342bus:SmallEntities2024-11-012025-10-3102511342bus:AbridgedAccounts2024-11-012025-10-31
Company registration number:
02511342
Securiclear Aluminium Systems Limited
Unaudited Filleted Abridged Financial Statements for the year ended
31 October 2025
HOLLINGSWORTH & CO LIMITED
Coppice House, Halesfield 7, Telford, TF7 4NA, United Kingdom
Securiclear Aluminium Systems Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Securiclear Aluminium Systems Limited
Year ended
31 October 2025
As described on the abridged statement of financial position, the Board of Directors of
Securiclear Aluminium Systems Limited
are responsible for the preparation of the
abridged financial statements
for the year ended
31 October 2025
, which comprise the abridged income statement, statement of total comprehensive income, abridged statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
HOLLINGSWORTH & CO LIMITED
Coppice House
Halesfield 7
Telford
TF7 4NA
United Kingdom
Date:
19 May 2026
Securiclear Aluminium Systems Limited
Abridged Statement of Financial Position
31 October 2025
20252024
Note££
Fixed assets    
Intangible assets 5
17,748
 
55,248
 
Tangible assets 5
283,696
 
1,898,977
 
301,444
 
1,954,225
 
Current assets    
Stocks
227,576
 
152,937
 
Debtors
3,791,756
 
1,064,407
 
Cash at bank and in hand
249,456
 
1,642,565
 
4,268,788
 
2,859,909
 
Creditors: amounts falling due within one year
(357,966
 )
(261,963
 )
Net current assets
3,910,822
 
2,597,946
 
Total assets less current liabilities 4,212,266   4,552,171  
Creditors: amounts falling due after more than one year
(16,917
 )
(30,008
 )
Provisions for liabilities
(32,345
 )
(96,463
 )
Net assets
4,163,004
 
4,425,700
 
Capital and reserves    
Called up share capital
1,000
 
1,000
 
Share premium
56,608
 
56,608
 
Revaluation reserve
12,147
 
13,496
 
Profit and loss account
4,093,249
 
4,354,596
 
Shareholders funds
4,163,004
 
4,425,700
 
For the year ending
31 October 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.
All of the members have consented to the preparation of the abridged statement of financial position and the abridged income statement for the year ended
31 October 2025
in accordance with Section 444(2A) of the Companies Act 2006.
These
abridged 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.
These
abridged financial statements
were approved by the board of directors and authorised for issue on
19 May 2026
, and are signed on behalf of the board by:
Mr A Coton
Director
Company registration number:
02511342
Securiclear Aluminium Systems Limited
Notes to the Abridged Financial Statements
Year ended
31 October 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Forge Works
,
Forge Lane
,
Halesowen
,
West Midlands
,
B62 8EJ
, .

2 Statement of compliance

These
abridged financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
abridged financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
abridged financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Goodwill

Purchased goodwill arises on business acquisitions and represents the difference between the cost of acquisition and the fair values of the identifiable assets and liabilities acquired.
Goodwill is initially recorded at cost, and is subsequently stated at cost less any accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over the useful economic life of the asset. Where a reliable estimate of the useful life of goodwill cannot be made, the life is presumed not to exceed five years.

Intangible assets

Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. However, Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Goodwill
5% Straight line

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Land and buildings
Straight line over 50 years
Plant and machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures and fittings
25% reducing balance
Office equipment
25% reducing balance

Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.
All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
17
(2024:
18.00
).

5 Fixed assets

Intangible assetsTangible assetsInvestmentsTotal
££££
Cost        
At
1 November 2024
750,002
 
3,195,114
 
57,895
  4,003,011  
Additions -  
61,250
  -   61,250  
Disposals -  
(1,701,506
 ) -   (1,701,506 )
At
31 October 2025
750,002
 
1,554,858
 
57,895
  2,362,755  
Amortisation, depreciation and impairment        
At
1 November 2024
694,754
 
1,296,137
 
57,895
  2,048,786  
Charge
37,500
 
47,600
  -   85,100  
Disposals -  
(72,575
 ) -   (72,575 )
At
31 October 2025
732,254
 
1,271,162
 
57,895
  2,061,311  
Carrying amount        
At
31 October 2025
17,748
 
283,696
  -  
301,444
 
At 31 October 2024
55,248
 
1,898,977
  -  
1,954,225
 

Fixed assets held at valuation

In respect of fixed assets held at valuation, the comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:
20252024
InvestmentsInvestments
££
Aggregate historical cost 57,895   57,895  
Aggregate impairment (57,895 ) (57,895 )
Carrying amount -   -