Knight Fire & Security Products Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05661245 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

KNIGHT FIRE & SECURITY PRODUCTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T C Wegener

Mr C F Wegener

SECRETARY:

Mr T C Wegener

REGISTERED OFFICE:

14 Gelliwastad Road

Pontypridd

Rhondda Cynon Taf

CF37 2BW

REGISTERED NUMBER:

05661245 (England and Wales)

ACCOUNTANTS:

Sullivans Chartered Accountants

13-14 Gelliwastad Road

Pontypridd

Rhondda Cynon Taf

CF37 2BW

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

759,420

806,025

759,420

806,025

CURRENT ASSETS

Stocks

914,267

1,066,466

Debtors

6

1,479,638

1,148,554

Cash at bank

487,633

454,536

2,881,538

2,669,556

CREDITORS

Amounts falling due within one year

7

700,771

530,711

NET CURRENT ASSETS

2,180,767

2,138,845

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,940,187

2,944,870

CREDITORS

Amounts falling due after more than one
year

8

(28,156

)

(88,127

)

PROVISIONS FOR LIABILITIES

(134,067

)

(118,699

)

ACCRUALS AND DEFERRED INCOME

(22,480

)

(26,447

)

NET ASSETS

2,755,484

2,711,597

CAPITAL AND RESERVES

Called up share capital

11

666,080

Retained earnings

2,089,404

2,045,517

SHAREHOLDERS' FUNDS

2,755,484

2,711,597

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2026 and were signed on its behalf by:

Mr T C Wegener - Director

1.	STATUTORY INFORMATION

Knight Fire & Security Products Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Patents and licences

The intangible assets relate to certificates in quality of manufacturing and have been amortised at 15% on a reducing balance basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20-25% on cost

Computer equipment

-

33% on cost

Stocks

Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants

Government grants of a capital nature are treated as deferred income and included in creditors within the Balance Sheet. They are then amortised to the profit and loss account in accordance with the estimated economic life of the assets to which they relate. Grants of a revenue nature are allocated to their appropriate profit and loss account heading as received.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 75 (2025 - 71 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

COST

At 1 February 2025

and 31 January 2026

18,000

6,470

24,470

AMORTISATION

At 1 February 2025

and 31 January 2026

18,000

6,470

24,470

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

2,058,230

Additions

118,986

Disposals

(32,996

)

At 31 January 2026

2,144,220

DEPRECIATION

At 1 February 2025

1,252,205

Charge for year

152,322

Eliminated on disposal

(19,727

)

At 31 January 2026

1,384,800

NET BOOK VALUE

At 31 January 2026

759,420

At 31 January 2025

806,025

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 February 2025

and 31 January 2026

239,964

DEPRECIATION

At 1 February 2025

and 31 January 2026

176,296

NET BOOK VALUE

At 31 January 2026

63,668

At 31 January 2025

63,668

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

Trade debtors

758,129

618,889

Amounts owed by group undertakings

335,489

298,658

Other debtors

386,020

231,007

1,479,638

1,148,554

Included within Debtors: due within one year is a balance of £282,658 due from Knight Manufacturing Group (2025: £298,658).

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

Bank loans and overdrafts

20,000

80,000

Hire purchase contracts

32,653

38,216

Trade creditors

276,230

147,726

Amounts owed to group undertakings

-

4,011

Taxation and social security

203,530

152,910

Other creditors

168,358

107,848

700,771

530,711

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/1/26

31/1/25

£

Bank loans

-

20,000

Hire purchase contracts

7,571

43,910

Other creditors

20,585

24,217

28,156

88,127

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/1/26

31/1/25

£

Hire purchase contracts

40,224

82,126

Assets owned under a hire purchase agreement are secured by the assets to which they relate.

10.	FINANCIAL INSTRUMENTS

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

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/1/26

31/1/25

value:

£

666,080

Ordinary

£1

666,080

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

31/1/26

31/1/25

£

Mr T C Wegener

Balance outstanding at start of year

(947

)

-

Amounts advanced

90,873

28,053

Amounts repaid

-

(29,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

89,926

(947

)

Mr C F Wegener

Balance outstanding at start of year

(16,709

)

-

Amounts advanced

31,579

9,291

Amounts repaid

(15,000

)

(26,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(130

)

(16,709

)

13.	ULTIMATE CONTROLLING PARTY

The company was controlled by Mr. T. Wegener and Mr. C. Wegener, the directors, throughout the period under review by virtue of the directors holdings within the company's ultimate parent.