ONYX FIRE AND SECURITY LTD


Director	MASON, Joseph Robert


Registered Address	First Floor East Bridge Mills
	Stramongate
	Kendal
	LA9 4BD


Registered Number	06549180 (England and Wales)

Statement of Financial Position
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		489,314		629,501
			489,314		629,501
Current assets
Debtors	4	2,559,447		2,468,087
Cash at bank and on hand		668,492		331,911
		3,227,939		2,799,998
Creditors amounts falling due within one year	5	(1,970,224)		(1,955,283)
Net current assets (liabilities)			1,257,715		844,715
Total assets less current liabilities			1,747,029		1,474,216
Creditors amounts falling due after one year	6		(254,086)		(438,359)
Provisions for liabilities	8		(108,300)		(136,000)
Net assets			1,384,643		899,857
Capital and reserves
Called up share capital			10,000		10,000
Profit and loss account			1,374,643		889,857
Shareholders' funds			1,384,643		899,857

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 10 August 2026, and are signed on its behalf by:

MASON, Joseph Robert
Director
Registered Company No. 06549180

ONYX FIRE AND SECURITY LTD

Notes to the Financial Statements
for the year ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	-	25
Fixtures and fittings	-	25
Vehicles	20	-
Office Equipment	-	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the Statement of Financial Position. They are depreciated over the shorter of their useful lives or the term of the lease. All other lease arrangements are classified as an operating lease

2.	Average number of employees


		2025		2024
	Average number of employees during the year	26		37

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 October 24	920	813,676	19,270	68,054	901,920
Additions	-	-	-	10,751	10,751
Disposals	-	(40,995)	-	-	(40,995)
At 30 September 25	920	772,681	19,270	78,805	871,676
Depreciation and impairment
At 01 October 24	158	214,323	17,744	40,194	272,419
Charge for year	230	114,921	1,526	8,708	125,385
On disposals	-	(15,442)	-	-	(15,442)
At 30 September 25	388	313,802	19,270	48,902	382,362
Net book value
At 30 September 25	532	458,879	-	29,903	489,314
At 30 September 24	762	599,353	1,526	27,860	629,501

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	1,004,182	1,310,054
Amounts owed by group undertakings	566,552	562,375
Other debtors	809,308	386,415
Prepayments and accrued income	179,405	209,243
Total	2,559,447	2,468,087

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	601,567	585,513
Bank borrowings and overdrafts	-	40,000
Taxation and social security	894,507	636,981
Finance lease and HP contracts	171,777	126,513
Other creditors	279,781	136,869
Accrued liabilities and deferred income	22,592	429,407
Total	1,970,224	1,955,283


	The aggregate amount of creditors for which security has been given amounted to £171,778 (2024: £166,513) in respect of bank borrowings and assets held under hire purchase. A personal guarantee was given by the director over the bank loans and overdrafts.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	254,086	438,359
Total	254,086	438,359


	The aggregate amount of creditors for which security has been given amounted to £254,086 (2024: £438,359) in respect of bank borrowings and assets held under hire purchase. A personal guarantee was given by the director over the bank loans and overdrafts.

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	425,863		564,872

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	108,300	136,000
Total	108,300	136,000

9.	Related party transactions
	At the year end date, the director owed the company £468,308 (2024: £343,608).