Company registration number 03063902 (England and Wales)
ARGUS FIRE AND SECURITY LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
ARGUS FIRE AND SECURITY LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
ARGUS FIRE AND SECURITY LTD
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
4
156,782
194,283
Current assets
Stocks
52,500
55,500
Debtors
5
472,803
435,819
Cash at bank and in hand
506,733
520,166
1,032,036
1,011,485
Creditors: amounts falling due within one year
6
(975,451)
(970,174)
Net current assets
56,585
41,311
Total assets less current liabilities
213,367
235,594
Creditors: amounts falling due after more than one year
7
(27,650)
(62,222)
Provisions for liabilities
(2,695)
(4,894)
Net assets
183,022
168,478
Capital and reserves
Called up share capital
9
25,000
25,000
Profit and loss reserves
158,022
143,478
Total equity
183,022
168,478
ARGUS FIRE AND SECURITY LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 6 August 2026 and are signed on its behalf by:
Mrs S Wallace
Director
Company registration number 03063902 (England and Wales)
ARGUS FIRE AND SECURITY LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information

Argus Fire and Security Ltd is a private company limited by shares incorporated in England and Wales. The registered office and principal place of business is Xeinadin Manchester, 100 Barbirolli Square, Manchester, England, M2 3BD.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Related party exemption

The company has taken advantage of exemption, under the terms of the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

1.2
Turnover

Turnover is measured at the fair value of the consideration receivable for goods and services sold, excluding value added tax. Turnover principally consists of income relating to the provision of fire and security protection to commercial and domestic customers.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold property
2% straight line
Fixtures and fittings
15% straight line
Motor vehicles
20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

At each balance sheet date, the company reviews the carrying amounts of its property, plant and equipment to determine whether there is any indication that any items of property, plant and equipment have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimated the recoverable amount of the cash-generating unit to which the asset belongs.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

ARGUS FIRE AND SECURITY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

ARGUS FIRE AND SECURITY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 5 -
Other financial liabilities

Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are s ubsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

Debt instruments that do not meet the conditions in FRS 102 paragraph 11.9 are subsequently measured at fair value through profit or loss. Debt instruments may be designated as being measured at fair value th r ough profit or loss to eliminate or reduce an accounting mismatch or if the instruments are measured and their performance evaluated on a fair value basis in accordance with a documented risk management or investment strategy.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

ARGUS FIRE AND SECURITY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 6 -
1.10
Leases
As lessee

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

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
25
26

ARGUS FIRE AND SECURITY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
4
Tangible fixed assets
Freehold property
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 April 2025
154,310
2,522
193,109
349,941
Additions
-
0
-
0
22,163
22,163
Disposals
-
0
-
0
(86,945)
(86,945)
At 31 March 2026
154,310
2,522
128,327
285,159
Depreciation and impairment
At 1 April 2025
54,518
1,454
99,686
155,658
Depreciation charged in the year
3,086
330
24,726
28,142
Eliminated in respect of disposals
-
0
-
0
(55,423)
(55,423)
At 31 March 2026
57,604
1,784
68,989
128,377
Carrying amount
At 31 March 2026
96,706
738
59,338
156,782
At 31 March 2025
99,792
1,068
93,423
194,283

The net carrying value of motor vehicles contains £42,665 (2025 - £40,093) in respect of assets held under finance leases or hire purchase contracts.

5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
437,803
400,819
Amounts owed by group undertakings
35,000
35,000
472,803
435,819
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
160,525
182,040
Taxation and social security
89,922
72,408
Other creditors
725,004
715,726
975,451
970,174
ARGUS FIRE AND SECURITY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 8 -
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Other creditors
27,650
62,222
8
Finance lease obligations
2026
2025
Future minimum lease payments due under finance leases:
£
£
Within one year
16,539
12,193
In two to five years
27,650
62,222
44,189
74,415

Finance lease payments represent rentals payable by the company for motor vehicles. All leases are on a fixed repayment basis.

Security is held against the finance obligations. The charge contains a fixed and floating charge on all the property or undertaking of the company.

9
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
25,000
25,000
25,000
25,000
10
Parent company

The ultimate controlling party is Mrs S Wallace by virtue of her controlling interest in the ultimate controlling party, Metro Security (GB) Plc.

2026-03-31 2025-04-01 false false false 06 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs S Wallace Mr N Roofe Mr D T Wallace 03063902 2025-04-01 2026-03-31 03063902 2026-03-31 03063902 2025-03-31 03063902 core:LandBuildings core:OwnedOrFreeholdAssets 2026-03-31 03063902 core:FurnitureFittings 2026-03-31 03063902 core:MotorVehicles 2026-03-31 03063902 core:LandBuildings core:OwnedOrFreeholdAssets 2025-03-31 03063902 core:FurnitureFittings 2025-03-31 03063902 core:MotorVehicles 2025-03-31 03063902 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 03063902 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 03063902 core:WithinOneYear 2026-03-31 03063902 core:WithinOneYear 2025-03-31 03063902 core:AfterOneYear 2026-03-31 03063902 core:AfterOneYear 2025-03-31 03063902 core:CurrentFinancialInstruments 2026-03-31 03063902 core:CurrentFinancialInstruments 2025-03-31 03063902 core:ShareCapital 2026-03-31 03063902 core:ShareCapital 2025-03-31 03063902 core:RetainedEarningsAccumulatedLosses 2026-03-31 03063902 core:RetainedEarningsAccumulatedLosses 2025-03-31 03063902 core:ShareCapitalOrdinaryShareClass1 2026-03-31 03063902 core:ShareCapitalOrdinaryShareClass1 2025-03-31 03063902 bus:Director1 2025-04-01 2026-03-31 03063902 core:LandBuildings core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 03063902 core:FurnitureFittings 2025-04-01 2026-03-31 03063902 core:MotorVehicles 2025-04-01 2026-03-31 03063902 2024-04-01 2025-03-31 03063902 core:LandBuildings core:OwnedOrFreeholdAssets 2025-03-31 03063902 core:FurnitureFittings 2025-03-31 03063902 core:MotorVehicles 2025-03-31 03063902 2025-03-31 03063902 core:Non-currentFinancialInstruments 2026-03-31 03063902 core:Non-currentFinancialInstruments 2025-03-31 03063902 core:BetweenTwoFiveYears 2026-03-31 03063902 core:BetweenTwoFiveYears 2025-03-31 03063902 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 03063902 bus:OrdinaryShareClass1 2026-03-31 03063902 bus:OrdinaryShareClass1 2025-03-31 03063902 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 03063902 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 03063902 bus:FRS102 2025-04-01 2026-03-31 03063902 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 03063902 bus:Director2 2025-04-01 2026-03-31 03063902 bus:Director3 2025-04-01 2026-03-31 03063902 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP