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REGISTERED NUMBER: 06755639 (England and Wales)




















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

KBO Fire & Security Limited

KBO Fire & Security Limited (Registered number: 06755639)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KBO Fire & Security Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: K Berry





REGISTERED OFFICE: 10 Stanhope Gate
Camberley
Surrey
GU15 3DW





REGISTERED NUMBER: 06755639 (England and Wales)

KBO Fire & Security Limited (Registered number: 06755639)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 49,070 69,650
Tangible assets 5 25,688 33,875
74,758 103,525

CURRENT ASSETS
Stocks 179,124 222,344
Debtors 6 1,387,635 1,314,856
Cash at bank and in hand 30,890 108,312
1,597,649 1,645,512
CREDITORS
Amounts falling due within one year 7 1,145,006 1,236,393
NET CURRENT ASSETS 452,643 409,119
TOTAL ASSETS LESS CURRENT
LIABILITIES

527,401

512,644

CREDITORS
Amounts falling due after more than one
year

8

(52,763

)

(128,865

)

PROVISIONS FOR LIABILITIES (11,374 ) -
NET ASSETS 463,264 383,779

CAPITAL AND RESERVES
Called up share capital 146 146
Share premium 6,594 6,594
Retained earnings 456,524 377,039
463,264 383,779

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

KBO Fire & Security Limited (Registered number: 06755639)

Balance Sheet - continued
31 December 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 15 July 2025 and were signed on its behalf by:





K Berry - Director


KBO Fire & Security Limited (Registered number: 06755639)

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

1. STATUTORY INFORMATION

KBO 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being 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.

Computer software is being amortised evenly over its estimated useful life of five years.

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

Improvements to leasehold property: Straight line over the term of the lease and 20% straight line
Plant and machinery: 25% reducing balance
Fixtures and fittings: 25% reducing balance
Computer equipment: 33% straight line and 50% straight line

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.

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.

KBO Fire & Security Limited (Registered number: 06755639)

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

2. ACCOUNTING POLICIES - continued

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 46 (2023 - 42 ) .

4. INTANGIBLE FIXED ASSETS
Computer
Goodwill software Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 66,500 82,902 149,402
AMORTISATION
At 1 January 2024 53,500 26,252 79,752
Amortisation for year 4,000 16,580 20,580
At 31 December 2024 57,500 42,832 100,332
NET BOOK VALUE
At 31 December 2024 9,000 40,070 49,070
At 31 December 2023 13,000 56,650 69,650

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 55,683 10,587 12,536 38,665 117,471
Additions - - - 6,596 6,596
Disposals - (8,991 ) - - (8,991 )
At 31 December 2024 55,683 1,596 12,536 45,261 115,076
DEPRECIATION
At 1 January 2024 35,114 8,771 8,428 31,283 83,596
Charge for year 6,752 375 918 5,897 13,942
Eliminated on disposal - (8,150 ) - - (8,150 )
At 31 December 2024 41,866 996 9,346 37,180 89,388
NET BOOK VALUE
At 31 December 2024 13,817 600 3,190 8,081 25,688
At 31 December 2023 20,569 1,816 4,108 7,382 33,875

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 695,328 713,687
Other debtors 478,589 354,146
Prepayments and accrued income 213,718 247,023
1,387,635 1,314,856

KBO Fire & Security Limited (Registered number: 06755639)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 79,090 82,883
Trade creditors 679,205 553,215
Tax 52,983 62,040
Social security and other taxes 239,609 368,934
Other creditors 41,534 71,557
Accruals and deferred income 52,585 97,764
1,145,006 1,236,393

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 52,763 82,101
Bank loans - 2-5 years - 46,764
52,763 128,865

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 128,016 106,646
Between one and five years 71,968 71,406
199,984 178,052

10. SECURED DEBTS

Bank borrowings are secured via a fixed and floating charge in favour of NatWest Bank plc over the assets and undertaking of the company.