Company Registration No. 06400272 (England and Wales)
FIRETECH (SPECIAL VEHICLES) LTD
Unaudited accounts
for the year ended 31 December 2021
FIRETECH (SPECIAL VEHICLES) LTD
Unaudited accounts
Contents
FIRETECH (SPECIAL VEHICLES) LTD
Company Information
for the year ended 31 December 2021
Company Number
06400272 (England and Wales)
Registered Office
WESTFIELDS FARM UNITS
MAPPOWDER
STURMINSTER NEWTON
DT10 2EW
ENGLAND
Accountants
Simon John Christopher Ltd
1st Floor Suite, Drapers House
Market Place
Sturminster Newton
Dorset
DT10 1AS
FIRETECH (SPECIAL VEHICLES) LTD
Statement of financial position
as at 31 December 2021
Tangible assets
94,688
92,207
Creditors: amounts falling due within one year
(51,110)
(55,673)
Net current liabilities
(44,832)
(55,553)
Total assets less current liabilities
49,856
36,654
Creditors: amounts falling due after more than one year
(18,493)
(33,362)
Provisions for liabilities
Deferred tax
(17,992)
(17,519)
Net assets/(liabilities)
13,371
(14,227)
Called up share capital
15,000
15,000
Profit and loss account
(1,629)
(29,227)
Shareholders' funds
13,371
(14,227)
For the year ending 31 December 2021 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 August 2022 and were signed on its behalf by
Jon Norris
Director
Company Registration No. 06400272
FIRETECH (SPECIAL VEHICLES) LTD
Notes to the Accounts
for the year ended 31 December 2021
FIRETECH (SPECIAL VEHICLES) LTD is a private company, limited by shares, registered in England and Wales, registration number 06400272. The registered office is WESTFIELDS FARM UNITS, MAPPOWDER, STURMINSTER NEWTON, DT10 2EW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 December 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% on reducing balance
Plant & machinery
10% on reducing balance
Motor vehicles
10% on reducing balance
Fixtures & fittings
10% on reducing balance
FIRETECH (SPECIAL VEHICLES) LTD
Notes to the Accounts
for the year ended 31 December 2021
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2021
42,692
-
93,384
81,253
217,329
Additions
-
597
23,900
-
24,497
Disposals
-
-
(15,600)
-
(15,600)
At 31 December 2021
42,692
597
101,684
81,253
226,226
At 1 January 2021
27,816
-
48,156
49,150
125,122
Charge for the year
1,488
60
5,764
3,210
10,522
On disposals
-
-
(4,106)
-
(4,106)
At 31 December 2021
29,304
60
49,814
52,360
131,538
At 31 December 2021
13,388
537
51,870
28,893
94,688
At 31 December 2020
14,876
-
45,228
32,103
92,207
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
21,307
17,042
Trade creditors
1,417
9,722
Taxes and social security
16,740
-
Loans from directors
7,841
10,038
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 4 (2020: 4).