REGISTERED NUMBER: 07445307 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

SECURITY AND ELECTRONIC SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A P Gray

C D Elwell

REGISTERED OFFICE:

DEP House

Buckland Hill

Maidstone

Kent

ME16 0SQ

REGISTERED NUMBER:

07445307 (England and Wales)

ACCOUNTANTS:

George & Co.

Chartered Accountants

44a Joy Lane

Whitstable

Kent

CT5 4LT

FIXED ASSETS

Tangible assets

4

61,962

86,101

CURRENT ASSETS

Stocks

4,880

5,500

Debtors

5

306,929

206,625

Cash at bank

22,493

36,315

334,302

248,440

CREDITORS

Amounts falling due within one year

6

305,886

251,740

NET CURRENT ASSETS/(LIABILITIES)

28,416

(3,300

)

TOTAL ASSETS LESS CURRENT LIABILITIES

90,378

82,801

CREDITORS

Amounts falling due after more than one year

7

(10,629

)

(26,549

)

PROVISIONS FOR LIABILITIES

(14,871

)

(3,876

)

NET ASSETS

64,878

52,376

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

64,778

52,276

SHAREHOLDERS' FUNDS

64,878

52,376

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

C D Elwell - Director

1.	STATUTORY INFORMATION

Security and Electronic Solutions Ltd 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

The company recognises turnover principally on the following types of transactions:

Sales and installation of products including fire and security systems:

Call outs including repairs: and

Regular maintenance services

Turnover from the sale and installation of products is recognised at the time title and risks and rewards of ownership pass. Provisions for anticipated losses are made in the period in which they become determinable.

Turnover from call out services is recognised at the time the engineer has completed the call as the service provided is complete. The turnover recognised is at a price agreed from the existing customer contract or a rate agreed with the customer.

Turnover from maintenance services is recognised as the service is rendered on a straight-line basis over the invoice period in accordance with the terms of the contract. Non-refundable turnover received in connection with the initiation of a maintenance contract along with any associated direct costs, are deferred and amortised over the associated period. Such turnover invoiced in advance is disclosed as deferred income in the accounts.

All turnover recognised for the various income streams is exclusive of Value Added Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

at variable rates on reducing balance

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 Statement of Income and Retained Earnings, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 current liabilities.

Financial instruments

Financial Instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

158,075

Disposals

(21,600

)

At 30 November 2025

136,475

DEPRECIATION

At 1 December 2024

71,974

Charge for year

20,374

Eliminated on disposal

(17,835

)

At 30 November 2025

74,513

NET BOOK VALUE

At 30 November 2025

61,962

At 30 November 2024

86,101

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 December 2024

and 30 November 2025

36,574

DEPRECIATION

At 1 December 2024

9,144

Charge for year

6,858

At 30 November 2025

16,002

NET BOOK VALUE

At 30 November 2025

20,572

At 30 November 2024

27,430

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

282,909

206,625

Other debtors

24,020

-

306,929

206,625

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

5,292

10,375

Hire purchase contracts

10,629

10,629

Trade creditors

149,976

185,906

Taxation and social security

31,479

20,112

Other creditors

108,510

24,718

305,886

251,740

Other creditors includes £103,684 of deferred income (2024 - £Nil) following the change in accounting policy to recognise turnover from monitoring systems and services on a straight-line basis over the invoice period in accordance with the terms of the contract.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

-

5,292

Hire purchase contracts

10,629

21,257

10,629

26,549