Company Registration No. 13267404 (England and Wales)
Securigate Ltd
Unaudited accounts
for the year ended 30 November 2023
Securigate Ltd
Unaudited accounts
Contents
Securigate Ltd
Company Information
for the year ended 30 November 2023
Directors
Ryan Baker
Laura Baker
Company Number
13267404 (England and Wales)
Registered Office
16 County Park Avenue
Halesowen
B62 8SP
Accountants
Nelly's Accountants
71 Woodland Avenue
Tettenhall Wood
Wolverhampton
West Midlands
WV6 8ND
Securigate Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
16,833
15,730
Cash at bank and in hand
13,157
13,910
Creditors: amounts falling due within one year
(41,634)
(26,078)
Net current assets/(liabilities)
11,159
(8,565)
Total assets less current liabilities
27,992
7,165
Provisions for liabilities
Deferred tax
(3,198)
(2,988)
Called up share capital
2
2
Profit and loss account
24,792
4,175
Shareholders' funds
24,794
4,177
For the year ending 30 November 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 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 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 of Directors and authorised for issue on 6 February 2024 and were signed on its behalf by
Ryan Baker
Director
Company Registration No. 13267404
Securigate Ltd
Notes to the Accounts
for the year ended 30 November 2023
Securigate Ltd is a private company, limited by shares, registered in England and Wales, registration number 13267404. The registered office is 16 County Park Avenue, Halesowen, B62 8SP.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% reducing balance
Computer equipment
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Securigate Ltd
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
18,865
851
19,716
At 30 November 2023
24,215
851
25,066
At 1 December 2022
3,773
213
3,986
Charge for the year
4,088
159
4,247
At 30 November 2023
7,861
372
8,233
At 30 November 2023
16,354
479
16,833
At 30 November 2022
15,092
638
15,730
Amounts falling due within one year
Trade debtors
33,303
2,762
Accrued income and prepayments
4,985
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,333
14,333
Taxes and social security
8,863
2,121
Loans from directors
734
7,977
7
Deferred taxation
2023
2022
Accelerated capital allowances
3,198
2,988
Provision at start of year
2,988
-
Charged to the profit and loss account
210
2,988
Provision at end of year
3,198
2,988
Securigate Ltd
Notes to the Accounts
for the year ended 30 November 2023
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).
