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REGISTERED NUMBER: 01915275 (England and Wales)








Unaudited Financial Statements

for the Year Ended 30 June 2024

for

LASER ALARMS LIMITED

LASER ALARMS LIMITED (REGISTERED NUMBER: 01915275)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LASER ALARMS LIMITED

Company Information
for the year ended 30 June 2024







DIRECTORS: C A Lutton
D P Lutton





SECRETARY: C A Lutton





REGISTERED OFFICE: Laser House
Newton Avenue
Gloucester
Gloucestershire
GL4 4LT





REGISTERED NUMBER: 01915275 (England and Wales)





ACCOUNTANTS: Mitchell Glanville (Bristol) Limited
c/o MGB Accountants - Suite 22
Trym Lodge, 1 Henbury Road
Westbury-on-Trym
Bristol
BS9 3HQ

LASER ALARMS LIMITED (REGISTERED NUMBER: 01915275)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 270,000 270,000
Tangible assets 5 2,627 3,403
272,627 273,403

CURRENT ASSETS
Stocks 25,000 25,000
Debtors 6 65,025 85,822
Cash at bank and in hand 25,649 35,137
115,674 145,959
CREDITORS
Amounts falling due within one year 7 190,394 166,520
NET CURRENT LIABILITIES (74,720 ) (20,561 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

197,907

252,842

CREDITORS
Amounts falling due after more than one year 8 25,883 35,883
NET ASSETS 172,024 216,959

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Other reserves 215,488 215,488
Retained earnings (44,464 ) 471
SHAREHOLDERS' FUNDS 172,024 216,959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2025 and were signed on its behalf by:





C A Lutton - Director


LASER ALARMS LIMITED (REGISTERED NUMBER: 01915275)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Laser 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.

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 each asset over its estimated useful life.
Land and buildings - in accordance with the property
Plant and machinery etc - 25% on cost, 20% on cost and 10% 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.

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 10 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 270,000
NET BOOK VALUE
At 30 June 2024 270,000
At 30 June 2023 270,000

LASER ALARMS LIMITED (REGISTERED NUMBER: 01915275)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 July 2023
and 30 June 2024 32,130 53,168 57,650 9,714 152,662
DEPRECIATION
At 1 July 2023 29,211 52,684 57,650 9,714 149,259
Charge for year 292 484 - - 776
At 30 June 2024 29,503 53,168 57,650 9,714 150,035
NET BOOK VALUE
At 30 June 2024 2,627 - - - 2,627
At 30 June 2023 2,919 484 - - 3,403

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 64,818 85,615
Other debtors 207 207
65,025 85,822

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 22,938 31,809
Trade creditors 54,669 52,584
Taxation and social security 26,182 15,907
Other creditors 86,605 66,220
190,394 166,520

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 25,883 35,883

9. RELATED PARTY DISCLOSURES

The company leased land and buildings from Glevum Financial Services Limited, a company under common control, during the year paying rent of £11,700 in the year (2023: £11,700).

The company also paid management charges of £11,700 (2023: £11,925) and vehicle leasing charges of £35,312 (2023: £41.600) to Glevum Financial Services Limited.

10. ULTIMATE CONTROLLING PARTY

The company is controlled by C A Lutton.