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SC392828falsethe supply of security products2025-03-012025-12-31http://www.companieshouse.gov.uk/2025-02-28http://www.companieshouse.gov.uk/cd:CompanySecretary12025-03-012025-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-02-28http://www.companieshouse.gov.uk/cd:Director12025-03-012025-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-12-31http://www.companieshouse.gov.uk/cd:Director22025-03-012025-12-31http://www.companieshouse.gov.uk/cd:Director32025-03-012025-12-31http://www.companieshouse.gov.uk/cd:Director42025-03-012025-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12025-03-012025-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2025-03-012025-12-31http://www.companieshouse.gov.uk/cd:Director52025-03-012025-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2025-03-012025-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-02-28http://www.companieshouse.gov.uk/2025-03-012025-12-31http://www.companieshouse.gov.uk/2025-02-28http://www.companieshouse.gov.uk/cd:FRS1022025-03-012025-12-31http://www.companieshouse.gov.uk/2025-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2025-03-012025-12-31http://www.companieshouse.gov.uk/cd:FilletedAccounts2025-03-012025-12-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: SC392828






Independent Security Supplies (Glasgow) Ltd


FINANCIAL STATEMENTS

FOR THE 306 DAY PERIOD ENDED 31 DECEMBER 2025
























Prepared By:
Cunningham Grant
Chartered Accountants
Unit G6, The Granary Business Centre
Coal Road, Cupar
Fife
KY15 5YQ


FINANCIAL STATEMENTS
FOR THE 306 DAY PERIOD ENDED 31 DECEMBER 2025





DIRECTORS
James Collins (resigned 19 September 2025)
Julie Collins (resigned 19 September 2025)
Steven Butterfield (appointed 19 September 2025)
Jeffrey Ivey (appointed 19 September 2025)
Alistair Scott (appointed 19 September 2025)



SECRETARY
Fiona Graham (resigned 21 August 2025)


REGISTERED OFFICE
Unit G6 The Granary Business Centre
Coal Road
Cupar
Fife
KY15 5YQ


COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC392828



ACCOUNTANTS
Cunningham Grant
Chartered Accountants
Unit G6, The Granary Business Centre
Coal Road, Cupar
Fife
KY15 5YQ


FINANCIAL STATEMENTS
FOR THE306 DAY PERIODENDED31 DECEMBER 2025



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 December 2025
			As at		As at
			31.12.2025		28.02.2025
	Notes		£		£

FIXED ASSETS
Tangible assets	3		16,251		20,910

CURRENT ASSETS
Stock		51,113		64,893
Debtors	4	309,607		297,267
Cash at bank and in hand		33,811		1,703
		394,531		363,863
CREDITORS: Amounts falling due within one year	5	270,092		272,623
NET CURRENT ASSETS			124,439		91,240
TOTAL ASSETS LESS CURRENT LIABILITIES			140,690		112,150


CREDITORS: Amounts falling due after more than one year	6		15,556		38,588


PROVISIONS FOR LIABILITIES AND CHARGES			3,709		4,854

NET ASSETS			121,425		68,708

CAPITAL AND RESERVES

Called up share capital	8		100		100
Profit and loss account			121,325		68,608
SHAREHOLDERS' FUNDS			121,425		68,708

For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 23 September 2026 and signed on their behalf by



.............................
Jeffrey Ivey (appointed 19 September 2025)
Director




1a. General Information & Basis of Accounting
The company is limited by shares and incorporated in Scotland. The address of the registered office is given in the company information on page 1 of these financial statements. The company's place of business is Unit 1B, Payne Street, Port Dundas, Glasgow, G4 0LE.
The financial statements have been prepared in accordance with Financial Reporting Standard FRS 102 including Section 1A Small Entities, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. There were no material departures from that standard.
The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £1. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise shown.




1b. Turnover
Turnover represents the amounts receivable arising from the supply of goods net of VAT and trade discounts.
Turnover is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Turnover is recognised as the fair value of the consideration received or receivable for services provided in the normal course of business, net of VAT and trade discounts.




1c. Tangible Fixed Assets
Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation has been provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant And Machinery		reducing balance25%
Equipment		straight line33%
Motor Cars		reducing balance25%




1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.




1e. Cash And Cash Equivalents
Cash and cash equivalents are basic financial instruments which 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.




1f. Financial Instruments
Basic financial assets - Basic financial assets, which include debtors 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.
Basic financial liabilities - Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at present value of the future payments 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 creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations 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 creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.




1g. Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued, non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.




1h. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




1i. Critical Accounting Estimates And Judgements
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources.
The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period, or in the period of the revision and future periods where the revision affects both current and future periods.




2. EMPLOYEES

	01.03.2025 - 31.12.2025	01.03.2024 - 28.02.2025
	No.	No.
Average number of employees	3	5




3. TANGIBLE FIXED ASSETS

	Plant and
	Machinery Etc.	Total
	£	£
Cost
At 1 March 2025	44,231	44,231
Disposals	(3,564)	(3,564)
At 31 December 2025	40,667	40,667
Depreciation
At 1 March 2025	23,321	23,321
Disposals	(3,182)	(3,182)
For the 306 day period	4,277	4,277
At 31 December 2025	24,416	24,416
Net Book Amounts
At 31 December 2025	16,251	16,251
At 28 February 2025	20,910	20,910




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	As at 31.12.2025	As at 28.02.2025
	£	£
Bank loans and overdrafts	4,445	4,444
Trade creditors	141,011	153,558
Taxation and social security	81,534	50,129
Other creditors	43,102	64,492
	270,092	272,623




6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	As at 31.12.2025	As at 28.02.2025
	£	£
Bank loans and overdrafts	15,556	19,260
Other creditors	-	19,328
	15,556	38,588


Included in other creditors are:
Obligations under hire purchase	-	19,328




7. SECURED CREDITORS
	As at 31.12.2025	As at 28.02.2025
	£	£
Amount of other creditors which are secured	20,214	24,641

Included in other creditors are obligations under hire purchase contracts secured over the motor vehicle in the business.




11. CONTROLLING PARTY
AS&IST Limited, a company incorporated in England and Wales, is the immediate parent company.
LIS One Holdings Limited, a company incorporated in England and Wales, is the ultimate parent company.
The ultimate controlling party is Jeffrey Ivey, by virtue of his majority shareholding in the parent company.




4. DEBTORS	As at 31.12.2025	As at 28.02.2025
	£	£

Amounts falling due within one year:
Trade debtors	308,431	293,043
Other debtors	1,176	4,224
	309,607	297,267



	As at	As at
8. SHARE CAPITAL	31.12.2025	28.02.2025
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100




9. OTHER FINANCIAL COMMITMENTS
At 31 December 2025 the company was committed to making the following payments under non-cancellable operating leases:

	As at 31.12.2025	As at 28.02.2025
	£	£
Operating leases	1,854	17,377