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REGISTERED NUMBER: 05757533 (England and Wales)










Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Fortress Alarms (UK) Limited

Fortress Alarms (UK) Limited (Registered number: 05757533)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fortress Alarms (UK) Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: C Samm
Ms S C Rayner





SECRETARY: Ms S C Rayner





REGISTERED OFFICE: Fortress Suite
3 Dunmore Court
Wootton Road
Abingdon
Oxfordshire
OX13 6BH





REGISTERED NUMBER: 05757533 (England and Wales)





ACCOUNTANTS: Danton Partners
7 Merlin Courtyard
Gatehouse Close
Aylesbury
Buckinghamshire
HP19 8DP

Fortress Alarms (UK) Limited (Registered number: 05757533)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 34,709 30,567
34,709 30,567

CURRENT ASSETS
Stocks 27,007 25,863
Debtors 6 59,739 48,100
Investments 7 200,000 200,000
Cash at bank and in hand 351,150 349,449
637,896 623,412
CREDITORS
Amounts falling due within one year 8 144,653 148,478
NET CURRENT ASSETS 493,243 474,934
TOTAL ASSETS LESS CURRENT
LIABILITIES

527,952

505,501

PROVISIONS FOR LIABILITIES 10 6,284 4,542
NET ASSETS 521,668 500,959

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 12 521,568 500,859
SHAREHOLDERS' FUNDS 521,668 500,959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

Fortress Alarms (UK) Limited (Registered number: 05757533)

Balance Sheet - continued
29 February 2024


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 28 November 2024 and were signed on its behalf by:




Ms S C Rayner - Director



C Samm - Director


Fortress Alarms (UK) Limited (Registered number: 05757533)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Fortress Alarms (UK) 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.

Revenue from annual maintenance contracts is spread evenly over the period of the contract calculated by reference to the unexpired period to renewal at the balance sheet date as a proportion of the total contract value of the service provided. Revenue deferred is included in creditors as deferred contract income..

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, was amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

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 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.

Fortress Alarms (UK) Limited (Registered number: 05757533)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

2. ACCOUNTING POLICIES - continued

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 defined contribution pension plans for its employees. A defined contribution plan is a pension plan under which the company pays contributions into a separate entity and has no further payment obligations.

Contributions are charged to profit or loss in the period in which they are made. The assets of the plans are held separately from the company in independently administered funds.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 31,007
AMORTISATION
At 1 March 2023
and 29 February 2024 31,007
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 -

Fortress Alarms (UK) Limited (Registered number: 05757533)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 104,878
Additions 13,250
Disposals (2,775 )
At 29 February 2024 115,353
DEPRECIATION
At 1 March 2023 74,311
Charge for year 9,108
Eliminated on disposal (2,775 )
At 29 February 2024 80,644
NET BOOK VALUE
At 29 February 2024 34,709
At 28 February 2023 30,567

6. DEBTORS
29.2.24 28.2.23
£    £   
Amounts falling due within one year:
Trade debtors 34,644 35,995
Other debtors 21,427 8,437
56,071 44,432

Amounts falling due after more than one year:
Other debtors 3,668 3,668

Aggregate amounts 59,739 48,100

7. CURRENT ASSET INVESTMENTS
29.2.24 28.2.23
£    £   
Other 200,000 200,000

In December 2022 the company lent £200,000 to an unconnected third party.

The loan which is repayable after 5 years is interest free and is secured by an informal charge over property owned by the borrower.

Fortress Alarms (UK) Limited (Registered number: 05757533)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 6,607 8,445
Taxation and social security 44,905 55,261
Other creditors 93,141 84,772
144,653 148,478

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
29.2.24 28.2.23
£    £   
Within one year 13,250 13,250
Between one and five years 26,500 39,750
39,750 53,000

10. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax
Accelerated capital allowances 6,284 4,542

Deferred
tax
£   
Balance at 1 March 2023 4,542
Accelerated capital allowances 1,742
Balance at 29 February 2024 6,284

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100

12. RESERVES
Retained
earnings
£   

At 1 March 2023 500,859
Profit for the year 78,709
Dividends (58,000 )
At 29 February 2024 521,568

Fortress Alarms (UK) Limited (Registered number: 05757533)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

13. RELATED PARTY DISCLOSURES

At the end of the period an amount of £36,814 was owed to the Director, C Samm (2023 - £31,814).
There are no fixed terms for repayment of this loan. No interest was charged for this year (2023 - nil).

At the end of the period an amount of £22,995 was owed to the Director, Ms S C Rayner (2023 - £17,355).
There are no fixed terms for repayment of this loan which is interest free.

14. ULTIMATE CONTROLLING PARTY

The directors control the company by virtue of their holdings in the entire share capital of the company.