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REGISTERED NUMBER: 01834408 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

THE LANGUARD ALARM COMPANY LIMITED

THE LANGUARD ALARM COMPANY LIMITED (REGISTERED NUMBER: 01834408)






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


THE LANGUARD ALARM COMPANY LIMITED

Company Information
for the year ended 31 December 2023







DIRECTORS: A D Lang
H D Lang



SECRETARY: H D Lang



REGISTERED OFFICE: 217 Preston Road
Brighton
East Sussex
BN1 6SA



REGISTERED NUMBER: 01834408 (England and Wales)



ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB



BANKERS: Royal Bank of Scotland plc
Brighton and Hove
P O Box 300
Brighton
BN1 9TE

THE LANGUARD ALARM COMPANY LIMITED (REGISTERED NUMBER: 01834408)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 40,394 53,796

CURRENT ASSETS
Stocks 51,269 48,841
Debtors 5 152,786 85,466
Cash at bank and in hand 527,261 743,631
731,316 877,938
CREDITORS
Amounts falling due within one year 6 (320,560 ) (408,481 )
NET CURRENT ASSETS 410,756 469,457
TOTAL ASSETS LESS CURRENT
LIABILITIES

451,150

523,253

CREDITORS
Amounts falling due after more than one
year

7

(2,749

)

(13,167

)

PROVISIONS FOR LIABILITIES 10 (5,240 ) (9,184 )
NET ASSETS 443,161 500,902

CAPITAL AND RESERVES
Called up share capital 11 90 90
Capital redemption reserve 10 10
Retained earnings 443,061 500,802
SHAREHOLDERS' FUNDS 443,161 500,902

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.

THE LANGUARD ALARM COMPANY LIMITED (REGISTERED NUMBER: 01834408)

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 20 November 2024 and were signed on its behalf by:





A D Lang - Director


THE LANGUARD ALARM COMPANY LIMITED (REGISTERED NUMBER: 01834408)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

The Languard Alarm Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the fair value of consideration received or receivable, excluding discounts, rebates, VAT and other sales taxes. Income is recognised on maintenance contracts over the life of the contract.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery-25% reducing balance
Fixtures & fittings-20% reducing balance
Motor vehicles (owned)-25% reducing balance
Motor vehicles (leased)-25% reducing balance
Computer equipment-33% on cost

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

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.


THE LANGUARD ALARM COMPANY LIMITED (REGISTERED NUMBER: 01834408)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.'

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.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 28,410 4,228 153,807 25,280 211,725
Additions - - - 547 547
At 31 December 2023 28,410 4,228 153,807 25,827 212,272
DEPRECIATION
At 1 January 2023 28,209 4,123 101,458 24,139 157,929
Charge for year 51 21 13,088 789 13,949
At 31 December 2023 28,260 4,144 114,546 24,928 171,878
NET BOOK VALUE
At 31 December 2023 150 84 39,261 899 40,394
At 31 December 2022 201 105 52,349 1,141 53,796

THE LANGUARD ALARM COMPANY LIMITED (REGISTERED NUMBER: 01834408)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 123,312 47,332
Other debtors 29,474 38,134
152,786 85,466

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts (see note 8) 10,418 9,441
Trade creditors 103,642 175,707
Taxation and social security 57,331 63,188
Other creditors 149,169 160,145
320,560 408,481

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts (see note 8) 2,749 13,167

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Net obligations repayable:
Within one year 10,418 9,441
Between one and five years 2,749 13,167
13,167 22,608

Non-cancellable operating leases
2023 2022
£    £   
Within one year 25,685 21,215
Between one and five years 78,016 -
103,701 21,215

9. SECURED DEBTS

The company's bankers have a fixed and floating charge over the company and all of its present and future assets.

THE LANGUARD ALARM COMPANY LIMITED (REGISTERED NUMBER: 01834408)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 5,240 9,184

Deferred
tax
£   
Balance at 1 January 2023 9,184
Accelerated capital allowances (3,944 )
Balance at 31 December 2023 5,240

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
90 Ordinary £1 90 90