Nationwide CCTV Services (Norfolk) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09877841 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

NATIONWIDE CCTV SERVICES (NORFOLK)

LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

D Harris

REGISTERED OFFICE:

Langley House

53 Theobald Street

Borehamwood

WD6 4RT

REGISTERED NUMBER:

09877841 (England and Wales)

ACCOUNTANTS:

Accura Accountants Ltd

Langley House

53 Theobald Street

Borehamwood

WD6 4RT

FIXED ASSETS

Tangible assets

4

6,484

7,204

CURRENT ASSETS

Stocks

15,000

12,000

Debtors

5

106,456

106,256

Cash at bank and in hand

5,460

5,190

126,916

123,446

CREDITORS

Amounts falling due within one year

6

128,946

101,927

NET CURRENT (LIABILITIES)/ASSETS

(2,030

)

21,519

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,454

28,723

CREDITORS

Amounts falling due after more than one
year

7

840

10,840

NET ASSETS

3,614

17,883

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

3,613

17,882

SHAREHOLDERS' FUNDS

3,614

17,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 15 July 2026 and were signed by:

D Harris - Director

1.	STATUTORY INFORMATION

Nationwide CCTV Services (Norfolk) 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.

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 and represents amounts receivable for goods supplied and services rendered, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the sale of goods and services are recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, or when the service has been provided. The amount of revenue must be able to be measured reliably, it is considered 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.

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

-

10% on reducing balance

Work in progress

Under FRS 102 Section 1A, revenue is required to be recognised from the provision of services on the completion method where it can be measured reliably.. Therefore the work in progress figure represents recoverable unbilled work that has been recognised within the profit and loss account.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Impairment

A review of 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 reversals at each reporting date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

and 30 April 2025

10,177

DEPRECIATION

At 1 May 2024

2,973

Charge for year

720

At 30 April 2025

3,693

NET BOOK VALUE

At 30 April 2025

6,484

At 30 April 2024

7,204

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade debtors

38,789

18,610

Amounts owed by group undertakings

-

45,515

Amounts owed by participating interests

38,499

27,999

Other debtors

29,168

14,132

106,456

106,256

Included in other debtors due within one year are prepayments of £2,345 (2024: £2,132)

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Bank loans and overdrafts

10,832

10,000

Trade creditors

15,612

26,128

Amounts owed to group undertakings

32,663

24,064

Taxation and social security

7,692

7,330

Other creditors

62,147

34,405

128,946

101,927

Included within other creditors are accrued expenses of £5,000 (2024: £5,880)

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.4.25

30.4.24

£

Bank loans

840

10,840

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

1

Ordinary Shares

1

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

D Harris

Balance outstanding at start of year

-

Amounts advanced

15,073

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

15,073

-

Included within amount advanced to director is an interest of £332 (2024: £Nil), charged against outstanding balance at HMRC prescribed rates. All outstanding loan balances are repayable on demand and personally guaranteed by the director.

10.	RELATED PARTY DISCLOSURES

Included in debtors due within one year is a balance of £38,499 (2024: £27,999), due from Protect Hearts Limited, a company who indirectly owns 50% of the share capital in Nationwide CCTV Services (Norfolk) Ltd. This has been provided on an interest free basis and is repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

Nationwide CCTV Services (Norfolk) Limited is a fully owned subsidiary of parent company Hearts Investment Limited, a company registered in England and Wales, whose registered office is Langley House, Park Road, East Finchley, London, N2 8EY.