IRIS Accounts Production v22.1.4.3 03275712 director 1.1.21 31.12.21 31.12.21 false true false false true false Ordinary 1.00000 Class B 1.00000 Cumulative redeemable preference 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure032757122020-12-31032757122021-12-31032757122021-01-012021-12-31032757122019-12-31032757122020-01-012020-12-31032757122020-12-3103275712ns16:EnglandWales2021-01-012021-12-3103275712ns15:PoundSterling2021-01-012021-12-3103275712ns11:Director12021-01-012021-12-3103275712ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3103275712ns11:SmallEntities2021-01-012021-12-3103275712ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3103275712ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3103275712ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3103275712ns11:FullAccounts2021-01-012021-12-3103275712ns11:OrdinaryShareClass12021-01-012021-12-3103275712ns11:OrdinaryShareClass22021-01-012021-12-3103275712ns11:OrdinaryShareClass32021-01-012021-12-3103275712ns11:CompanySecretary12021-01-012021-12-3103275712ns11:RegisteredOffice2021-01-012021-12-3103275712ns6:CurrentFinancialInstruments2021-12-3103275712ns6:CurrentFinancialInstruments2020-12-3103275712ns6:ShareCapital2021-12-3103275712ns6:ShareCapital2020-12-3103275712ns6:RetainedEarningsAccumulatedLosses2021-12-3103275712ns6:RetainedEarningsAccumulatedLosses2020-12-3103275712ns6:PlantMachinery2021-01-012021-12-3103275712ns6:FurnitureFittings2021-01-012021-12-3103275712ns6:MotorVehicles2021-01-012021-12-3103275712ns6:ComputerEquipment2021-01-012021-12-3103275712ns6:PlantMachinery2020-12-3103275712ns6:FurnitureFittings2020-12-3103275712ns6:MotorVehicles2020-12-3103275712ns6:ComputerEquipment2020-12-3103275712ns6:PlantMachinery2021-12-3103275712ns6:FurnitureFittings2021-12-3103275712ns6:MotorVehicles2021-12-3103275712ns6:ComputerEquipment2021-12-3103275712ns6:PlantMachinery2020-12-3103275712ns6:FurnitureFittings2020-12-3103275712ns6:MotorVehicles2020-12-3103275712ns6:ComputerEquipment2020-12-3103275712ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3103275712ns6:WithinOneYearns6:CurrentFinancialInstruments2020-12-3103275712ns6:DeferredTaxation2020-12-3103275712ns6:DeferredTaxation2021-12-3103275712ns11:OrdinaryShareClass12021-12-3103275712ns11:OrdinaryShareClass22021-12-3103275712ns11:OrdinaryShareClass32021-12-3103275712ns6:RetainedEarningsAccumulatedLosses2020-12-3103275712ns6:RetainedEarningsAccumulatedLosses2021-01-012021-12-3103275712ns11:Director112020-12-3103275712ns11:Director112019-12-3103275712ns11:Director112021-01-012021-12-3103275712ns11:Director112020-01-012020-12-3103275712ns11:Director112021-12-3103275712ns11:Director112020-12-31
REGISTERED NUMBER: 03275712 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

U.K. FIRE SECURITIES LIMITED

U.K. FIRE SECURITIES LIMITED (REGISTERED NUMBER: 03275712)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


U.K. FIRE SECURITIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTOR: Mr G C Airey





SECRETARY: Mrs K P Airey





REGISTERED OFFICE: 18 Littleborough Lane
Marton
GAINSBOROUGH
Lincolnshire
DN21 5AB





REGISTERED NUMBER: 03275712 (England and Wales)





ACCOUNTANTS: Rigel Wolf Ltd
Chartered Accountants
Orion House
28A Spital Terrace
GAINSBOROUGH
Lincolnshire
DN21 2HQ

U.K. FIRE SECURITIES LIMITED (REGISTERED NUMBER: 03275712)

BALANCE SHEET
31 DECEMBER 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,336 1,782

CURRENT ASSETS
Stocks 500 1,500
Debtors 5 1,438 4,638
Cash at bank 1,735 2,994
3,673 9,132
CREDITORS
Amounts falling due within one year 6 11,414 12,157
NET CURRENT LIABILITIES (7,741 ) (3,025 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,405

)

(1,243

)

PROVISIONS FOR LIABILITIES 7 - 339
NET LIABILITIES (6,405 ) (1,582 )

CAPITAL AND RESERVES
Called up share capital 8 8 8
Retained earnings 9 (6,413 ) (1,590 )
SHAREHOLDERS' FUNDS (6,405 ) (1,582 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 August 2022 and were signed by:



Mr G C Airey - Director


U.K. FIRE SECURITIES LIMITED (REGISTERED NUMBER: 03275712)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1. STATUTORY INFORMATION

U.K. Fire Securities 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.

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

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 reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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
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.

Going concern
At 31 December 2021 the company had an excess of liabilities over assets of £6,405 (2020 - £1,582) and was technically insolvent.

Included within creditors is an amount of £7,734 (2020 - £7,148) owed to the director, Mr G C Airey. The company is dependent upon the continued financial support of its director, which has been confirmed as ongoing. The financial statements have therefore been prepared on the going concern basis.

U.K. FIRE SECURITIES LIMITED (REGISTERED NUMBER: 03275712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

2. ACCOUNTING POLICIES - continued

Government grants
Grants received relate to Covid 19 support grants from the local council.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2021
and 31 December 2021 12,427 1,376 2,400 833 17,036
DEPRECIATION
At 1 January 2021 12,244 1,355 1,641 14 15,254
Charge for year 46 5 190 205 446
At 31 December 2021 12,290 1,360 1,831 219 15,700
NET BOOK VALUE
At 31 December 2021 137 16 569 614 1,336
At 31 December 2020 183 21 759 819 1,782

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 1,202 4,547
Tax 128 -
Prepayments and accrued income 108 91
1,438 4,638

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade creditors 253 628
Tax - 128
Social security and other taxes 2,198 3,056
VAT 712 687
Directors' current accounts 7,734 7,148
Accruals and deferred income 517 510
11,414 12,157

7. PROVISIONS FOR LIABILITIES
31.12.21 31.12.20
£    £   
Deferred tax - 339

U.K. FIRE SECURITIES LIMITED (REGISTERED NUMBER: 03275712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2021 339
Accelerated capital allowances (85 )
Tax losses (254 )
Balance at 31 December 2021 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.21 31.12.20
value: £    £   
2 Ordinary £1 2 2
4 Class B £1 4 4
2 Cumulative redeemable preferen £1 2 2
8 8

9. RESERVES
Retained
earnings
£   

At 1 January 2021 (1,590 )
Deficit for the year (4,823 )
At 31 December 2021 (6,413 )

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2021 and 31 December 2020:

31.12.21 31.12.20
£    £   
Mr G C Airey
Balance outstanding at start of year - 2,589
Amounts repaid - (2,589 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

During the year, Mr G C Airey - the sole director and 50% shareholder - charged the company £312 (2020 - £286) for use of home as office.

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £0 (2020 - £1,300) were paid to the director.

At 31 December 2021 there was a balance owed by the company to Mr G C Airey, the sole director and 50% shareholder, of £7,734 (2020 - £7,148). This balance has been shown in Creditors.

U.K. FIRE SECURITIES LIMITED (REGISTERED NUMBER: 03275712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr G C Airey.