C S G (Fire & Security) Ltd. - Accounts to registrar (filleted)

REGISTERED NUMBER: 05364227 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

C S G (FIRE & SECURITY) LTD.

Page

Balance sheet

1

Notes to the financial statements

3

Fixed assets

Intangible assets

4

-

Tangible assets

5

464,904

483,692

464,904

483,692

Current assets

Stocks

7,000

Debtors

6

199,664

495,561

Cash at bank

1,242,953

1,054,885

1,449,617

1,557,446

Creditors

Amounts falling due within one year

7

655,993

716,151

Net current assets

793,624

841,295

Total assets less current liabilities

1,258,528

1,324,987

Provisions for liabilities

9

41,867

38,499

Net assets

1,216,661

1,286,488

Capital and reserves

Called up share capital

10

280

Revaluation reserve

11

145,544

134,294

Capital redemption reserve

90

Retained earnings

1,070,747

1,151,824

Shareholders' funds

1,216,661

1,286,488

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2025 and were signed by:

Mr J Rowland - Director

1.	Statutory information

CSG (Fire & Security) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 05364227. The registered office address and business address is Unit 8 Lindbergh Road, Ferndown Industrial Estate, Wimborne, Dorset, BH21 7SP.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents income generated from the installation and maintenance of security systems, net of VAT where applicable.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of businesses in both 2013 and 2016 has been fully amortised in the year of acquisition.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

25% on reducing balance

Freehold property is revalued with sufficient regularity to ensure a true and fair view.

Stocks

Stock and Work In Progress are valued at the lower of cost and net realisable value.

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 balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

Financial instruments

Basic financial instruments are initially recognised at transaction price 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.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its parent comprise a small-sized group. The group has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

3.	Employees and directors

The average number of employees during the year was 14 (2024 - 13 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 March 2024

and 28 February 2025

45,000

Amortisation

At 1 March 2024

and 28 February 2025

45,000

Net book value

At 28 February 2025

-

At 29 February 2024

-

5.	Tangible fixed assets

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

Cost or valuation

At 1 March 2024

425,000

10,874

8,377

Additions

-

17,500

1,383

Disposals

-

Revaluations

15,000

-

At 28 February 2025

440,000

28,374

9,760

Depreciation

At 1 March 2024

-

9,626

7,762

Charge for year

-

4,687

499

Eliminated on disposal

-

At 28 February 2025

-

14,313

8,261

Net book value

At 28 February 2025

440,000

14,061

1,499

At 29 February 2024

425,000

1,248

615

Motor

Computer

vehicles

equipment

Totals

£

Cost or valuation

At 1 March 2024

218,536

8,233

671,020

Additions

-

413

19,296

Disposals

(62,852

)

-

(62,852

)

Revaluations

-

15,000

At 28 February 2025

155,684

8,646

642,464

Depreciation

At 1 March 2024

165,637

4,303

187,328

Charge for year

15,531

1,086

21,803

Eliminated on disposal

(31,571

)

-

(31,571

)

At 28 February 2025

149,597

5,389

177,560

Net book value

At 28 February 2025

6,087

3,257

464,904

At 29 February 2024

52,899

3,930

483,692

Cost or valuation at 28 February 2025 is represented by:

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

Valuation in 2014

146,172

-

Valuation in 2021

25,000

-

Valuation in 2025

15,000

-

Cost

253,828

28,374

9,760

440,000

28,374

9,760

Motor

Computer

vehicles

equipment

Totals

£

Valuation in 2014

-

146,172

Valuation in 2021

-

25,000

Valuation in 2025

-

15,000

Cost

155,684

8,646

456,292

155,684

8,646

642,464

If freehold property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

253,828

Value of land in freehold land and buildings

-

253,828

Freehold property was valued on an open market basis on 28 February 2025 by the directors .

6.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

188,996

483,388

Other debtors

1,680

3,134

Prepayments and accrued income

8,988

9,039

199,664

495,561

7.

Creditors: amounts falling due within one year

2025

2024

£

Trade creditors

120,270

63,314

Amounts owed to group undertakings

430,838

470,412

Tax

24,156

99,335

VAT

40,927

75,514

Other creditors

2,704

1,233

Accruals and deferred income

37,098

6,343

655,993

716,151

8.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

7,136

-

Between one and five years

13,083

-

20,219

-

9.	Provisions for liabilities

2025

2024

£

Deferred tax

41,867

38,499

Deferred

tax

£

Balance at 1 March 2024

38,499

Credit to Income statement during year

(382

)

Credit to revaluation reserve

3,750

Balance at 28 February 2025

41,867

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary A

£1

100

180

Ordinary B

£1

180

280

11.

Reserves

Revaluation

reserve

£

At 1 March 2024

134,294

Movement in year

11,250

At 28 February 2025

145,544

12.	Ultimate controlling party

The company is controlled by the director, Mr J Rowland, by virtue of their 100% holding of the issued share capital of the parent company, CSG Holdings (Southern) Ltd, registered at Faulkner House, 31 West Street, Wimborne, Dorset, BH21 1JS.