Focus 2000 Infrared Limited

(Registration number: 04916134)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	435,411	441,425
Current assets
Stocks	5	13,900	7,500
Debtors	6	324,964	288,877
Cash at bank and in hand		26,169	7,919
		365,033	304,296
Creditors: Amounts falling due within one year	7	(386,760)	(275,667)
Net current (liabilities)/assets		(21,727)	28,629
Total assets less current liabilities		413,684	470,054
Creditors: Amounts falling due after more than one year	7	(276,235)	(317,501)
Provisions for liabilities		(4,584)	(6,720)
Net assets		132,865	145,833
Capital and reserves
Called up share capital		500	500
Share premium reserve		6,723	6,723
Retained earnings		125,642	138,610
Shareholders' funds		132,865	145,833

Focus 2000 Infrared Limited

(Registration number: 04916134)
Balance Sheet as at 31 March 2025

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their 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 and 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 1 December 2025 and signed on its behalf by:
 

......................................... Mr P Banham Director

Focus 2000 Infrared Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

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

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.

The presentation currency of the financial statements is Pound Sterling (£).

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.

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.

Focus 2000 Infrared Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

2	Accounting policies (continued)

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 tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

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
Plant and machinery	20% reducing balance
Furniture, fittings and equipment	20% reducing balance and 33% on cost
Motor vehicles	25% reducing balance
Freehold land and buildings	2% on cost of buildings
Computer Equipment	33% Straight Line

Focus 2000 Infrared Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

2	Accounting policies (continued)

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Financial instruments

Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.
 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 3).

Focus 2000 Infrared Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Freehold land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2024	446,881	45,843	46,959	41,259	580,942
Additions	-	8,530	-	2,232	10,762
At 31 March 2025	446,881	54,373	46,959	43,491	591,704
Depreciation
At 1 April 2024	26,655	41,757	32,577	38,528	139,517
Charge for the year	8,937	3,252	3,595	992	16,776
At 31 March 2025	35,592	45,009	36,172	39,520	156,293
Carrying amount
At 31 March 2025	411,289	9,364	10,787	3,971	435,411
At 31 March 2024	420,226	4,086	14,382	2,731	441,425

5

Stocks

	2025 £	2024 £
Stock	13,900	7,500

Focus 2000 Infrared Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Debtors

Current	2025 £	2024 £
Trade debtors	182,461	146,268
Prepayments	2,439	2,348
Other debtors	140,064	140,261
	324,964	288,877

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	53,283	52,692
Trade creditors		53,509	22,948
Taxation and social security		96,789	92,905
Accruals and deferred income		4,543	4,406
Other creditors		178,636	102,716
		386,760	275,667

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £25,012 (2024 - £24,963).

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	276,235	317,501

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £240,558 (2024 - £253,557).

Focus 2000 Infrared Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8	Related party transactions

Transactions with directors

2025	At 1 April 2024 £	Advances to director £	Repayments by director £	At 31 March 2025 £
Mr P Banham
Directors Current Account	99,089	50,803	(60,000)	89,892
Mrs SJ Clavey
Directors Current Account	(8,890)	2,400	(20,000)	(26,490)

2024	At 1 April 2023 £	Advances to director £	Repayments by director £	At 31 March 2024 £
Mr P Banham
Directors Current Account	90,764	55,344	(47,019)	99,089
Mrs SJ Clavey
Directors Current Account	5,150	960	(15,000)	(8,890)

Focus 2000 Infrared Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	234,810	241,489
Hire purchase contracts	5,748	12,068
Other borrowings	35,677	63,944
	276,235	317,501

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	18,666	18,667
Bank overdrafts	4	3
Hire purchase contracts	6,345	6,296
Other borrowings	28,268	27,726
	53,283	52,692