IRIS Accounts Production v24.2.0.383 01963431 Board of Directors Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh019634312022-12-31019634312023-12-31019634312023-01-012023-12-31019634312021-12-31019634312022-01-012022-12-31019634312022-12-3101963431ns15:EnglandWales2023-01-012023-12-3101963431ns14:PoundSterling2023-01-012023-12-3101963431ns10:Director12023-01-012023-12-3101963431ns10:Director22023-01-012023-12-3101963431ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3101963431ns10:SmallEntities2023-01-012023-12-3101963431ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3101963431ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3101963431ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3101963431ns10:FullAccounts2023-01-012023-12-3101963431ns10:Director32023-01-012023-12-3101963431ns10:Director42023-01-012023-12-3101963431ns10:RegisteredOffice2023-01-012023-12-3101963431ns5:CurrentFinancialInstruments2023-12-3101963431ns5:CurrentFinancialInstruments2022-12-3101963431ns5:Non-currentFinancialInstruments2023-12-3101963431ns5:Non-currentFinancialInstruments2022-12-3101963431ns5:ShareCapital2023-12-3101963431ns5:ShareCapital2022-12-3101963431ns5:RetainedEarningsAccumulatedLosses2023-12-3101963431ns5:RetainedEarningsAccumulatedLosses2022-12-3101963431ns5:PlantMachinery2023-01-012023-12-3101963431ns5:PlantMachinery2022-12-3101963431ns5:PlantMachinery2023-12-3101963431ns5:PlantMachinery2022-12-3101963431ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3101963431ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3101963431ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3101963431ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3101963431ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-12-3101963431ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2022-12-3101963431ns5:HirePurchaseContracts2023-12-3101963431ns5:HirePurchaseContracts2022-12-3101963431ns5:WithinOneYear2023-12-3101963431ns5:WithinOneYear2022-12-3101963431ns5:BetweenOneFiveYears2023-12-3101963431ns5:BetweenOneFiveYears2022-12-3101963431ns5:AllPeriods2023-12-3101963431ns5:AllPeriods2022-12-3101963431ns5:Secured2023-12-3101963431ns5:Secured2022-12-31
REGISTERED NUMBER: 01963431 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Automatic Alarms Limited

Automatic Alarms Limited (Registered number: 01963431)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Automatic Alarms Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: M W Sweeney
G Williams
L M Sweeney
C Williams





REGISTERED OFFICE: Unit 9, Kenyon Business Park
Pilkington Street
Bolton
BL3 6HL





REGISTERED NUMBER: 01963431 (England and Wales)





ACCOUNTANTS: Higsons Limited
Accountants
Offices 1 and 2
1A King Street
Farnworth
Bolton
Greater Manchester
BL4 7AB

Automatic Alarms Limited (Registered number: 01963431)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 47,495 61,657

CURRENT ASSETS
Stocks 41,775 38,429
Debtors 5 729,392 795,677
Cash at bank and in hand 192,819 17,606
963,986 851,712
CREDITORS
Amounts falling due within one year 6 364,717 275,289
NET CURRENT ASSETS 599,269 576,423
TOTAL ASSETS LESS CURRENT
LIABILITIES

646,764

638,080

CREDITORS
Amounts falling due after more than one
year

7

(63,872

)

(123,547

)

PROVISIONS FOR LIABILITIES (11,481 ) (11,351 )
NET ASSETS 571,411 503,182

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Retained earnings 551,411 483,182
571,411 503,182

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Automatic Alarms Limited (Registered number: 01963431)

Balance Sheet - continued
31 December 2023


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

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 4 September 2024 and were signed on its behalf by:




M W Sweeney - Director



G Williams - Director


Automatic Alarms Limited (Registered number: 01963431)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Automatic Alarms Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. 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 each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and at variable rates on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Automatic Alarms Limited (Registered number: 01963431)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2022 - 25 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 220,049
Additions 2,744
At 31 December 2023 222,793
DEPRECIATION
At 1 January 2023 158,392
Charge for year 16,906
At 31 December 2023 175,298
NET BOOK VALUE
At 31 December 2023 47,495
At 31 December 2022 61,657

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 428,379 394,863
Amounts owed by group undertakings 295,298 395,233
Other debtors 5,715 5,581
729,392 795,677

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 55,556 55,556
Hire purchase contracts (see note 8) 4,158 4,195
Trade creditors 72,950 73,191
Taxation and social security 200,864 129,470
Other creditors 31,189 12,877
364,717 275,289

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 55,556 111,111
Hire purchase contracts (see note 8) 8,316 12,436
63,872 123,547

Automatic Alarms Limited (Registered number: 01963431)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.12.23 31.12.22
£    £   
Net obligations repayable:
Within one year 4,158 4,195
Between one and five years 8,316 12,436
12,474 16,631

Non-cancellable operating leases
31.12.23 31.12.22
£    £   
Within one year 40,249 41,724
Between one and five years 38,216 37,197
78,465 78,921

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 111,112 166,667

10. RELATED PARTY DISCLOSURES

At 31 December 2023 an amount of £295,298 (2022 £395,233) was due from the company's ultimate holding company, GM Alarms Limited, company number 12122997.