REGISTERED NUMBER: |
Financial Statements for the Year Ended 28th February 2025 |
for |
The Alarm Hub Ltd |
REGISTERED NUMBER: |
Financial Statements for the Year Ended 28th February 2025 |
for |
The Alarm Hub Ltd |
The Alarm Hub Ltd (Registered number: 10622069) |
Contents of the Financial Statements |
for the Year Ended 28th February 2025 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
The Alarm Hub Ltd |
Company Information |
for the Year Ended 28th February 2025 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
9 Caxton House |
Broad Street |
Cambourne |
Cambridgeshire |
CB23 6JN |
The Alarm Hub Ltd (Registered number: 10622069) |
Balance Sheet |
28th February 2025 |
2025 | 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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 were approved by the Board of Directors and authorised for issue on |
The Alarm Hub Ltd (Registered number: 10622069) |
Notes to the Financial Statements |
for the Year Ended 28th February 2025 |
1. | GENERAL INFORMATION |
The company is a private company limited by shares, registered in UK. The address of the registered |
office is 9 Caxton House, Broad Street, Cambourne, Cambridge, Unites Kingdom, CB23 6JN. |
2. | STATEMENT OF COMPLIANCE |
These financial statements have been prepared in compliance with the provisions of FRS 102, Section |
1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. The Triennial |
review 2017 amendments to the standard have been early adopted. |
3. | ACCOUNTING POLICIES |
Basis of preparation |
The financial statements have been prepared on the historical cost basis, as modified by the revaluation |
of certain financial assets and liabilities and investment properties measured at fair value through profit |
or loss. |
The financial statements are prepared in sterling, which is the functional currency of the entity. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable for goods supplied |
and services rendered, net of discounts and Value Added Tax. |
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have |
transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured |
reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred |
or to be incurred in respect of the transactions can be measured reliably. |
Tangible fixed assets |
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated |
depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded |
at the fair value at the date of revaluation less any subsequent accumulated depreciation and |
subsequent accumulated impairment losses. |
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other |
comprehensive income and accumulated in capital and reserves, except to the extent it reverses a |
revaluation decrease of the same asset previously recognised in profit or loss. |
A decrease in the carrying amount of an asset as a result of revaluation is recognised in other |
comprehensive income to the extent of any previously recognised revaluation increase accumulated |
in capital and reserves in respect of that asset. |
Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and |
reserves in respect of that asset, the excess shall be recognised in profit or loss. |
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, |
over the useful economic life of that asset as follows: |
Plant and machinery - 25% straight line |
Fittings fixtures and equipment - 25% straight line |
If there is an indication that there has been a significant change in depreciation rate, useful life or |
residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates. |
Taxation |
The taxation expense represents the aggregate amount of current and deferred tax recognised in the |
reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that |
it relates to items recognised in other comprehensive income or directly in capital and reserves. In this |
case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. |
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at |
the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or |
substantively enacted at the reporting date. |
The Alarm Hub Ltd (Registered number: 10622069) |
Notes to the Financial Statements - continued |
for the Year Ended 28th February 2025 |
3. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax |
losses and other deferred tax assets are recognised to the extent that it is probable that they will be |
recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is |
measured using the tax rates and laws that have been enacted or substantively enacted by the |
reporting date that are expected to apply to the reversal of the timing difference. |
Defined contribution plans |
Contributions to defined contribution plans are recognised as an expense in the period in which the |
related service is provided. Prepaid contributions are recognised as an asset to the extent that the |
prepayment will lead to a reduction in future payments or a cash refund. |
When contributions are not expected to be settled wholly within 12 months of the end of the reporting |
date in which the employees render the related service, the liability is measured on a discounted |
present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the |
period in which it arises. |
Impairment |
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount |
being estimated where such indicators exist. Where the carrying value exceeds the recoverable |
amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at |
each reporting date. |
When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made |
of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating |
unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that |
are largely independent of the cash inflows from other assets or groups of assets. |
Provisions |
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past |
event; it is probable that the entity will be required to transfer economic benefits in settlement and the |
amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the |
statement of financial position and the amount of the provision as an expense. |
Provisions are initially measured at the best estimate of the amount required to settle the obligation at |
the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current |
best estimate of the amount that would be required to settle the obligation. Any adjustments to the |
amounts previously recognised are recognised in profit or loss unless the provision was originally |
recognised as part of the cost of an asset. When a provision is measured at the present value of the |
amount expected to be required to settle the obligation, the unwinding of the discount is recognised in |
finance costs in profit or loss in the period it arises. |
The Alarm Hub Ltd (Registered number: 10622069) |
Notes to the Financial Statements - continued |
for the Year Ended 28th February 2025 |
3. | ACCOUNTING POLICIES - continued |
Financial instruments |
A financial asset or a financial liability is recognised only when the company becomes a party to the |
contractual provisions of the instrument. |
Basic financial instruments are initially recognised at the transaction price, unless the arrangement |
constitutes a financing transaction, where it is recognised at the present value of the future payments |
discounted at a market rate of interest for a similar debt instrument. |
Debt instruments are subsequently measured at amortised cost. |
Where investments in non-convertible preference shares and non-puttable ordinary shares or |
preference shares are publicly traded or their fair value can otherwise be measured reliably, the |
investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. |
All other such investments are subsequently measured at cost less impairment. |
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment |
for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a |
market rate, in which case the asset is measured at the present value of the future payments |
discounted at a market rate of interest for a similar debt instrument. |
Other financial instruments are subsequently measured at fair value, with any changes recognised in |
profit or loss, with the exception of hedging instruments in a designated hedging relationship. |
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of |
impairment at the end of each reporting date. If there is objective evidence of impairment, an |
impairment loss is recognised in profit or loss immediately. |
For all equity instruments regardless of significance, and other financial assets that are individually |
significant, these are assessed individually for impairment. Other financial assets or either assessed |
individually or grouped on the basis of similar credit risk characteristics. |
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal |
does not result in a carrying amount of the financial asset that exceeds what the carrying amount would |
have been had the impairment not previously been recognised. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
5. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and |
machinery | fittings | Totals |
£ | £ | £ |
COST |
At 1st March 2024 |
Additions |
At 28th February 2025 |
DEPRECIATION |
At 1st March 2024 |
Charge for year |
At 28th February 2025 |
NET BOOK VALUE |
At 28th February 2025 |
At 29th February 2024 |
The Alarm Hub Ltd (Registered number: 10622069) |
Notes to the Financial Statements - continued |
for the Year Ended 28th February 2025 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Trade debtors |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
8. | LEASING AGREEMENTS |
Lease payments are recognised as an expense over the lease term on a straight-line basis. The |
aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, |
on a straight-line basis. |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the years ended 28th February 2025 and 29th February 2024: |
2025 | 2024 |
£ | £ |
Balance outstanding at start of year | ( |
) | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | ( |
) | ( |
) |
Lorna Ann Lucken |
Balance outstanding at start of year | - | - |
Amounts advanced | - | 2,311 |
Amounts repaid | - | - |
Amounts written off | - | (2,311 | ) |
Amounts waived | - | - |
Balance outstanding at end of year | - | - |
Shelley Jane McGeorge |
Balance outstanding at start of year | - | - |
Amounts advanced | - | 1,921 |
Amounts repaid | - | - |
Amounts written off | - | (1,921 | ) |
Amounts waived | - | - |
Balance outstanding at end of year | - | - |
The Alarm Hub Ltd (Registered number: 10622069) |
Notes to the Financial Statements - continued |
for the Year Ended 28th February 2025 |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued |
Balance outstanding at start of year | ( |
) | ( |
) |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | ( |
) | ( |
) |