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REGISTERED NUMBER: 09720106 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Connect Fire & Security Limited

Connect Fire & Security Limited (Registered number: 09720106)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Connect Fire & Security Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: J Dyal





REGISTERED OFFICE: 104 Main Street
Stonnall
Walsall
West Midlands
WS9 9DX





REGISTERED NUMBER: 09720106 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

Connect Fire & Security Limited (Registered number: 09720106)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 33,396 -

CURRENT ASSETS
Stocks 890 985
Debtors 5 59,682 95,106
Cash at bank and in hand 69,070 1,272
129,642 97,363
CREDITORS
Amounts falling due within one year 6 (103,856 ) (75,016 )
NET CURRENT ASSETS 25,786 22,347
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,182

22,347

CREDITORS
Amounts falling due after more than one
year

7

(37,172

)

(17,500

)

PROVISIONS FOR LIABILITIES (8,349 ) -
NET ASSETS 13,661 4,847

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 13,660 4,846
SHAREHOLDERS' FUNDS 13,661 4,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Connect Fire & Security Limited (Registered number: 09720106)

Balance Sheet - continued
31 August 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 January 2025 and were signed by:





J Dyal - Director


Connect Fire & Security Limited (Registered number: 09720106)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Connect Fire & Security 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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Connect Fire & Security Limited (Registered number: 09720106)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 - 1,788 1,788
Additions 41,103 - 41,103
At 31 August 2024 41,103 1,788 42,891
DEPRECIATION
At 1 September 2023 - 1,788 1,788
Charge for year 7,707 - 7,707
At 31 August 2024 7,707 1,788 9,495
NET BOOK VALUE
At 31 August 2024 33,396 - 33,396
At 31 August 2023 - - -

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 41,103
At 31 August 2024 41,103
DEPRECIATION
Charge for year 7,707
At 31 August 2024 7,707
NET BOOK VALUE
At 31 August 2024 33,396

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 59,216 72,336
Other debtors 466 22,770
59,682 95,106

Connect Fire & Security Limited (Registered number: 09720106)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts (see note 8) 6,419 -
Trade creditors 12,672 16,547
Taxation and social security 72,353 47,209
Other creditors 2,412 1,260
103,856 75,016

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 7,500 17,500
Hire purchase contracts (see note 8) 29,672 -
37,172 17,500

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 6,419 -
Between one and five years 29,672 -
36,091 -

Non-cancellable operating leases
2024 2023
£    £   
Within one year - 3,063
Between one and five years - 5,616
- 8,679

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
Value: £ £
75 Ordinary A 1p 0.75 0.75
25 Ordinary B 1p 0.25 0.25
1.00 1.00

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Connect Fire & Security Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Connect Fire & Security Limited for the year ended 31 August 2024 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Connect Fire & Security Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Connect Fire & Security Limited and state those matters that we have agreed to state to the director of Connect Fire & Security Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Connect Fire & Security Limited and its director for our work or for this report.

It is your duty to ensure that Connect Fire & Security Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Connect Fire & Security Limited. You consider that Connect Fire & Security Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Connect Fire & Security Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


6 January 2025