Registration number: 05279328

Alarm, the public risk management association
(Registration number: 05279328)

Contents

Company Information	1
Statement of Directors' Responsibilities	2
Balance Sheet	3
Notes to the Financial Statements	4 to 8

Alarm, the public risk management association
(Registration number: 05279328)

Company Information

Directors	M Knowlton-Rayner J L Cooper K E Locke W Rigby C Walker

Company secretary

M Knowlton-Rayner

Registered office

Unit B Ullysses Park Heron Road Exeter Devon EX2 7PH

Auditors

Thompson Jenner LLP Senior Statutory Auditor 1 Colleton Crescent Exeter Devon EX2 4DG

Alarm, the public risk management association
(Registration number: 05279328)

Statement of Directors' Responsibilities

The directors acknowledge their responsibilities for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial statements, the directors are required to:

•	select suitable accounting policies and apply them consistently;

•	make judgements and accounting estimates that are reasonable and prudent;

•	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006 and in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Alarm, the public risk management association
(Registration number: 05279328)

(Registration number: 05279328)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Other financial assets	4	630,542	619,646
Current assets
Debtors	5	109,736	87,954
Cash at bank and in hand		608,399	508,754
		718,135	596,708
Creditors: Amounts falling due within one year	6	(158,722)	(170,568)
Net current assets		559,413	426,140
Total assets less current liabilities		1,189,955	1,045,786
Provisions for liabilities		(12,046)	(12,118)
Net assets		1,177,909	1,033,668
Reserves
Retained earnings		1,177,909	1,033,668
Total equity		1,177,909	1,033,668

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 April 2025 and signed on its behalf by:
 

......................................... K E Locke Director

Alarm, the public risk management association
(Registration number: 05279328)

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

1	General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Unit B Ullysses Park
Heron Road
Exeter
Devon
EX2 7PH

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Audit report

The Independent Auditors' Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 28 April 2025 was Mr David Tucker, who signed for and on behalf of Thompson Jenner LLP.

Revenue recognition

Turnover represents the total invoice value, net of value added tax, in respect of membership fees, conference income, sponsorship and income generated by the regions and derives from the provision of services falling within the company's ordinary activities. Revenue is recognised upon agreement with the member, upon signing of a sponsorship agreement or on a booking confirmation received from a member and is deferred where appropriate to recognise in the accounting period in which the services are rendered.

Alarm, the public risk management association
(Registration number: 05279328)

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

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	25% straight line

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Alarm, the public risk management association
(Registration number: 05279328)

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

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2023 - 6).

Alarm, the public risk management association
(Registration number: 05279328)

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

4	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
At 1 January 2024	619,646	619,646
Fair value adjustments	16,093	16,093
Additions	116,273	116,273
Disposals	(121,470)	(121,470)
At 31 December 2024	630,542	630,542

5

Debtors

	2024 £	2023 £
Trade debtors	48,430	63,081
Other debtors	6,703	-
Prepayments and accrued income	54,603	24,873
Total current trade and other debtors	109,736	87,954

6

Creditors

	2024 £	2023 £
Due within one year
Trade creditors	9,915	10,496
Taxation and social security	44,475	76,716
Other creditors	7,878	2,313
Accrued expenses and deferred income	96,454	81,043
	158,722	170,568

Alarm, the public risk management association
(Registration number: 05279328)

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

7	Financial instruments

Financial assets measured at fair value

Listed investments
The fair values of the assets and liabilities held at fair value through profit and loss at the balance sheet date are determined using quoted prices.

The fair value is £630,542 (2023 - £619,646) and the change in value included in profit or loss is £16,094 (2023 - £22,939).

Items of income, expense, gains or losses

2024	Income £	Expense £	Net gains £	Net losses £
Financial assets measured at fair value through profit or loss	12,948	11,280	16,094	-

2023	Income £	Expense £	Net gains £	Net losses £
Financial assets measured at fair value through profit or loss	13,572	10,751	22,939	-