Company Registration No. 06770923 (England and Wales)
Premier Security Systems UK Ltd
Unaudited accounts
for the year ended 31 December 2023
Premier Security Systems UK Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
46,115
42,471
Cash at bank and in hand
975,804
756,854
Creditors: amounts falling due within one year
(352,010)
(318,202)
Net current assets
888,591
766,831
Total assets less current liabilities
934,706
809,302
Provisions for liabilities
Net assets
923,177
809,302
Called up share capital
10
10
Profit and loss account
923,167
809,292
Shareholders' funds
923,177
809,302
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 April 2024 and were signed on its behalf by
David M Harris
Director
Company Registration No. 06770923
Premier Security Systems UK Ltd
Notes to the Accounts
for the year ended 31 December 2023
Premier Security Systems UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 06770923. The registered office is Unit 21 Brickfields Industrial Estate, Finway Road, Hemel Hempstead, Hertfordshire, HP2 7QA, United Kingdon.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Monthly, straight line over 3 years
4
Tangible fixed assets
Motor vehicles
At 31 December 2023
61,487
Charge for the year
15,372
At 31 December 2023
15,372
At 31 December 2023
46,115
At 31 December 2022
42,471
Premier Security Systems UK Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
217,135
272,117
Accrued income and prepayments
341
545
Other debtors
7,321
15,517
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
105,452
45,136
Taxes and social security
83,335
149,077
Other creditors
3,109
3,689
Loans from directors
59,224
38,333
Deferred income
100,890
79,913
7
Average number of employees
During the year the average number of employees was 13 (2022: 12).