ACCOUNTS - Final Accounts

Registered number: 06012733

BOND STREET SECURITY LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025


BOND STREET SECURITY LIMITED REGISTERED NUMBER:06012733

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		7,462		5,451
			7,462		5,451
Current assets
Debtors: amounts falling due within one year	5	180,668		169,564
Cash at bank and in hand	6	27,940		80,236
		208,608		249,800
Creditors: amounts falling due within one year	7	(109,319)		(117,953)
Net current assets			99,289		131,847

Net assets			106,751		137,298

Capital and reserves
Called up share capital	100	100
Profit and loss account	106,651	137,198
	106,751	137,298

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BOND STREET SECURITY LIMITED REGISTERED NUMBER:06012733

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

J E Ballard

Director

Date: 27 November 2025

The notes on pages 3 to 7 form part of these financial statements.

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BOND STREET SECURITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Bond Street Security Limited is a limited liability company incorporated in England and Wales. The Company registration number is 06012733. The registered office is given on the Company information page in these financial statements.
The financial statements are presented in pound sterling which is the functional currency of the Company
and rounded to the nearest pound.
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 stated.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Going concern

The Director assesses whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Company to continue as a going concern.
The Director makes this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and has concluded that the Company has adequate resources to continue in operational existence for the foreseeable future despite the loss of the company's main customers in October 2025, resulting in a dormant position predicted for the twelve months, from the date of authorisation for issue, until the director can decide on a future trade position. The company has sufficient assets to settle all liabilites and remain solvent for the forseeable future.
On this assessment he continues to adopt the going concern basis of accounting in preparing the financial statements.

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BOND STREET SECURITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Fixtures and fittings	-	25% on reducing balance
				Office equipment	-	25% on reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

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BOND STREET SECURITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2.9

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.10

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

Employees

The average monthly number of employees, including the Director, during the year was as follows:

	2025	2024
	No.	No.

Directors	1	1

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BOND STREET SECURITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Tangible fixed assets

	Fixtures and fittings	Office equipment	Total
	£	£	£
Cost or valuation
At 1 April 2024	1,979	14,263	16,242
Additions	-	3,742	3,742
At 31 March 2025	1,979	18,005	19,984
Depreciation
At 1 April 2024	1,916	8,875	10,791
Charge for the year on owned assets	16	1,715	1,731
At 31 March 2025	1,932	10,590	12,522
Net book value
At 31 March 2025	47	7,415	7,462
At 31 March 2024	63	5,388	5,451

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BOND STREET SECURITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Debtors

					2025	2024
					£	£


Trade debtors	174,208	164,481
Other debtors	839	-
Prepayments and accrued income	5,621	5,083
	180,668	169,564

6.	Cash and cash equivalents
		2025	2024
		£	£

	Cash at bank and in hand	27,940	80,236

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	1,092	-
Corporation tax	-	11,975
Other taxation and social security	31,737	29,924
Other creditors	1,559	6,622
Accruals and deferred income	74,931	69,432
	109,319	117,953

8.	Related party transactions
	During the year J E Ballard received dividends of £32,297 (2024: £20,000). Included in other creditors is an amount of £801 (2024 - £6,120) owed to J E Ballard. J E Ballard is the Company's controlling party.

9.	Post balance sheet events

In October 2025, the company lost it's main two customers, and due to personal reasons the director has not as yet actively sought to replace the trade, which will have an impact on the 2026 result.

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