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REGISTERED NUMBER: 01592643 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2023

FOR

STATUS ALARMS LIMITED

STATUS ALARMS LIMITED (REGISTERED NUMBER: 01592643)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


STATUS ALARMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2023







DIRECTORS: Mr Leonard George Maxwell
Mr Thomas Samuel William Maxwell



REGISTERED OFFICE: Venture House 1-2 Holbrook Lane
Holbrooks
Coventry
West Midlands
CV6 4AF



REGISTERED NUMBER: 01592643 (England and Wales)



ACCOUNTANTS: R Pau & Co Limited
Chartered Certified Accountants
12-16 Station Street East
Coventry
West Midlands
CV6 5FJ



BANKERS: Lloyds TSB Bank Plc
17-23 Coventry Road
Nuneaton
West Midlands
CV11 5TD

STATUS ALARMS LIMITED (REGISTERED NUMBER: 01592643)

ABRIDGED STATEMENT OF FINANCIAL POSITION
30TH JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 252,689 203,905

CURRENT ASSETS
Stocks 18,941 6,252
Debtors 173,170 800,848
Cash at bank 43,469 60,972
235,580 868,072
CREDITORS
Amounts falling due within one year 949,747 790,703
NET CURRENT (LIABILITIES)/ASSETS (714,167 ) 77,369
TOTAL ASSETS LESS CURRENT
LIABILITIES

(461,478

)

281,274

PROVISIONS FOR LIABILITIES 591 38,432
NET (LIABILITIES)/ASSETS (462,069 ) 242,842

CAPITAL AND RESERVES
Called up share capital 4 280,000 280,000
Retained earnings (742,069 ) (37,158 )
SHAREHOLDERS' FUNDS (462,069 ) 242,842

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

STATUS ALARMS LIMITED (REGISTERED NUMBER: 01592643)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
30TH JUNE 2023


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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 30th June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd April 2024 and were signed on its behalf by:





Mr Leonard George Maxwell - Director


STATUS ALARMS LIMITED (REGISTERED NUMBER: 01592643)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023


1. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 2% on cost
Plant & fixtures - 25% on reducing balance
Motor vehicles - 25% on reducing balance

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

STATUS ALARMS LIMITED (REGISTERED NUMBER: 01592643)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023


2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 10 ) .

3. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st July 2022 451,050
Additions 57,220
Disposals (49,390 )
At 30th June 2023 458,880
DEPRECIATION
At 1st July 2022 247,145
Charge for year 7,598
Eliminated on disposal (48,552 )
At 30th June 2023 206,191
NET BOOK VALUE
At 30th June 2023 252,689
At 30th June 2022 203,905

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
280,000 Ordinary £1 280,000 280,000