Registration number: 15885608

Bude Alarms Ltd

Contents

Company Information	1
Director's Report	2
Accountants' Report	3
Profit and Loss Account	4
Statement of Comprehensive Income	5
Balance Sheet	6
Statement of Changes in Equity	7
Notes to the Unaudited Financial Statements	8 to 12

Bude Alarms Ltd

Company Information

Director	Mr Paul Miller

Company secretary

Britannia Accountancy & Tax Services Ltd

Registered office

1633 Parkway Whiteley Fareham Hampshire PO15 7AH

Accountants

Britannia Accountancy & Tax Services Ltd 1633 Parkway Whiteley Fareham Hampshire PO15 7AH

Bude Alarms Ltd

Director's Report for the Period from 24 August 2024 to 31 March 2025

The director presents his report and the financial statements for the period from 24 August 2024 to 31 March 2025.

Incorporation

The company was incorporated and commenced trading on 24 August 2024.

Director of the company

The director who held office during the period was as follows:

Mr Paul Miller (appointed 24 August 2024)

Principal activity

The principal activity of the company is alarm installation

Small companies provision statement

This report has 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.

Approved by the director on 27 December 2025 and signed on its behalf by:

......................................... Mr Paul Miller Director

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Bude Alarms Ltd
for the Period Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bude Alarms Ltd for the period ended 31 March 2025 as set out on pages 4 to 12 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Bude Alarms Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Bude Alarms Ltd and state those matters that we have agreed to state to the Board of Directors of Bude Alarms Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bude Alarms Ltd and its Board of Directors as a body for our work or for this report. To the best of our knowledge at the time of preparation; all information contained in this report is accurate, based upon the information and representations made to us by Bude Alarms Ltd

It is your duty to ensure that Bude Alarms Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Bude Alarms Ltd. You consider that Bude Alarms Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Bude Alarms Ltd. 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 accounts.

......................................

Britannia Accountancy & Tax Services Ltd
1633 Parkway
Whiteley
Fareham
Hampshire
PO15 7AH

27 December 2025

Bude Alarms Ltd

Profit and Loss Account for the Period from 24 August 2024 to 31 March 2025

	Note	2025 £
Turnover		71,070
Cost of sales		(11,303)
Gross profit		59,767
Administrative expenses		(20,694)
Operating profit		39,073
Profit before tax	4	39,073
Profit for the financial period		39,073

The above results were derived from continuing operations.

The company has no recognised gains or losses for the period other than the results above.

Bude Alarms Ltd

Statement of Comprehensive Income for the Period from 24 August 2024 to 31 March 2025

	2025 £
Profit for the period	39,073
Total comprehensive income for the period	39,073

Bude Alarms Ltd

(Registration number: 15885608)
Balance Sheet as at 31 March 2025

	Note	2025 £
Fixed assets
Intangible assets	5	63,000
Tangible assets	6	2,788
		65,788
Current assets
Stocks	7	28,885
Cash at bank and in hand		2,837
		31,722
Creditors: Amounts falling due within one year	8	(90,435)
Net current liabilities		(58,713)
Net assets		7,075
Capital and reserves
Called up share capital	9	2
Retained earnings		7,073
Shareholders' funds		7,075

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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.

Approved and authorised by the director on 27 December 2025
 

......................................... Mr Paul Miller Director

Bude Alarms Ltd

Statement of Changes in Equity for the Period from 24 August 2024 to 31 March 2025

	Share capital £	Retained earnings £	Total £
Profit for the period	-	39,073	39,073
Dividends	-	(32,000)	(32,000)
New share capital subscribed	2	-	2
At 31 March 2025	2	7,073	7,075

Bude Alarms Ltd

Notes to the Unaudited Financial Statements for the Period from 24 August 2024 to 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1633 Parkway
Whiteley
Fareham
Hampshire
PO15 7AH

These financial statements were authorised for issue by the director on 27 December 2025.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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:

Bude Alarms Ltd

Notes to the Unaudited Financial Statements for the Period from 24 August 2024 to 31 March 2025

Asset class	Depreciation method and rate
Plant and machinery	18% on net book value
Vehicles	18% on net book value
Office equipment	18% on net book value
Furniture and fittings	18% on net book value

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10% on cost

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

Borrowings

Bude Alarms Ltd

Notes to the Unaudited Financial Statements for the Period from 24 August 2024 to 31 March 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £
Depreciation expense	612
Amortisation expense	7,000

Bude Alarms Ltd

Notes to the Unaudited Financial Statements for the Period from 24 August 2024 to 31 March 2025

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
Additions acquired separately	70,000	70,000
At 31 March 2025	70,000	70,000
Amortisation
Amortisation charge	7,000	7,000
At 31 March 2025	7,000	7,000
Carrying amount
At 31 March 2025	63,000	63,000

6	Tangible assets

	Other tangible assets £	Total £
Cost or valuation
Additions	3,400	3,400
At 31 March 2025	3,400	3,400
Depreciation
Charge for the period	612	612
At 31 March 2025	612	612
Carrying amount
At 31 March 2025	2,788	2,788

7

Stocks

	2025 £
Work in progress	28,885

8

Creditors

Creditors: amounts falling due within one year

Bude Alarms Ltd

Notes to the Unaudited Financial Statements for the Period from 24 August 2024 to 31 March 2025

	Note	2025 £
Due within one year
Loans and borrowings	10	87,245
Accruals and deferred income		3,190
		90,435

9	Share capital

10	Loans and borrowings

Current loans and borrowings

	2025 £
Other borrowings	87,245

11

Dividends

Interim dividends paid

	2025 £
Interim dividend of £16,000 per each Ordinary share	32,000