Registration number: 04423909

Foursight Security Systems Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Foursight Security Systems Ltd

Company Information

Directors

S L P Carr A V Morris

Company secretary

A V Morris

Registered office

1299-1301 London Road Leigh-On-Sea Essex United Kingdom SS9 2AD

Accountants

Kingswood Chase Consulting Ltd Accountants and taxation consultantsDeVine House 1299-1301 London Road Leigh On Sea Essex SS9 2AD

Foursight Security Systems Ltd

(Registration number: 04423909)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	14,273	19,034
Current assets
Debtors	5	19,590	3,605
Cash at bank and in hand		232	1,451
		19,822	5,056
Creditors: Amounts falling due within one year	6	(100,177)	(76,454)
Net current liabilities		(80,355)	(71,398)
Total assets less current liabilities		(66,082)	(52,364)
Creditors: Amounts falling due after more than one year	6	(9,930)	(12,986)
Provisions for liabilities		-	6,197
Net liabilities		(76,012)	(59,153)
Capital and reserves
Called up share capital		2	2
Retained earnings		(76,014)	(59,155)
Shareholders' deficit		(76,012)	(59,153)

Foursight Security Systems Ltd

(Registration number: 04423909)
Balance Sheet as at 31 March 2026

For the financial year ending 31 March 2026 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 October 2026 and signed on its behalf by:
 

......................................... S L P Carr Director

Foursight Security Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1299-1301 London Road
Leigh-On-Sea
Essex
SS9 2AD
United Kingdom

These financial statements were authorised for issue by the Board on 5 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Foursight Security Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% on reducing balance
Fixtures and fittings	25% on reducing balance
Motor vehicles	25% on reducing balance

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Foursight Security Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

Foursight Security Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2025	13,722	58,767	31,482	103,971
At 31 March 2026	13,722	58,767	31,482	103,971
Depreciation
At 1 April 2025	13,477	51,820	19,640	84,937
Charge for the year	63	1,737	2,961	4,761
At 31 March 2026	13,540	53,557	22,601	89,698
Carrying amount
At 31 March 2026	182	5,210	8,881	14,273
At 31 March 2025	245	6,947	11,842	19,034

5

Debtors

Current	2026 £	2025 £
Trade debtors	7,980	1,680
Other debtors	11,610	1,925
	19,590	3,605

6

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	7	3,056	3,056
Trade creditors		109	1,361
Taxation and social security		1,420	491
Accruals and deferred income		2,329	1,284
Other creditors		93,263	70,262
		100,177	76,454

Creditors include an unsecured bank loan of £3,056 (2025 - £3,056).

Foursight Security Systems Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	7	9,930	12,986

Creditors include an unsecured bank loan repayable by instalments of £9,930 (2025- £12,986) due after more than five years.

7	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	9,930	12,986

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	3,056	3,056

Foursight Security Systems Ltd

Detailed Profit and Loss Account for the Year Ended 31 March 2026

	2026  £	2025  £
Turnover (analysed below)	39,735	36,487
Cost of sales (analysed below)	(10,687)	(13,920)
Gross profit	29,048	22,567
Gross profit (%)	73.1%	61.85%
Administrative expenses
Employment costs (analysed below)	(25,500)	(26,188)
Establishment costs (analysed below)	(3,550)	(2,919)
General administrative expenses (analysed below)	(15,116)	(19,379)
Finance charges (analysed below)	(102)	(94)
Depreciation costs (analysed below)	(4,761)	(6,344)
	(49,029)	(54,924)
Operating loss	(19,981)	(32,357)
Other interest receivable and similar income (analysed below)	-	254
Interest payable and similar charges (analysed below)	(366)	(196)
	(366)	58
Loss before tax	(20,347)	(32,299)

Foursight Security Systems Ltd

Detailed Profit and Loss Account for the Year Ended 31 March 2026

	2026  £	2025  £
Turnover
Rendering of services, UK	39,735	36,487
Cost of sales
Purchases	(9,152)	(10,520)
Subcontract cost	(1,535)	(3,400)
	(10,687)	(13,920)
Employment costs
Directors remuneration	(25,500)	(26,000)
Staff training	-	(188)
	(25,500)	(26,188)
Establishment costs
Rent	(2,200)	(1,600)
Insurance	(726)	(695)
Use of home as office	(624)	(624)
	(3,550)	(2,919)
General administrative expenses
Telephone and fax	(1,484)	(1,419)
Computer software and maintenance costs	(1,119)	(329)
Protective clothing	(188)	(58)
Printing, postage and stationery	-	(26)
Trade subscriptions	(8)	(816)
Hire of plant and machinery (Spot hire)	(218)	(227)
Sundry expenses	542	(595)
Motor expenses	(8,745)	(12,739)
Vehicle hire (Spot hire)	-	(180)
Travel and subsistence	(2,726)	(1,427)
Accountancy fees	(995)	(1,250)
Book-keeping	(175)	(313)
	(15,116)	(19,379)
Finance charges
Bank charges	(102)	(94)
Depreciation costs
Depreciation of plant and machinery (owned)	(2,961)	(3,947)
Depreciation of fixtures and fittings (owned)	(63)	(82)
Depreciation of motor vehicles (owned)	(1,737)	(2,315)
	(4,761)	(6,344)
Operating loss	(19,981)	(32,357)

Foursight Security Systems Ltd

Detailed Profit and Loss Account for the Year Ended 31 March 2026

	2026  £	2025  £
Other interest receivable and similar income
Bank interest receivable	-	19
Other interest receivable	-	235
	-	254
Interest payable and similar charges
Bank interest payable	-	(9)
Bank loan interest payable	(366)	(187)
	(366)	(196)
Net finance (cost)/income	(366)	58
Loss before tax	(20,347)	(32,299)