1 January 2021 false No description of principal activity Taxfiler 2022.8.3 09916782business:PrivateLimitedCompanyLtd2021-01-012021-12-31 099167822020-12-31 099167822021-01-012021-12-31 09916782business:AuditExempt-NoAccountantsReport2021-01-012021-12-31 09916782business:FullAccounts2021-01-012021-12-31 099167822021-12-31 09916782business:Director12021-01-012021-12-31 09916782business:RegisteredOffice2021-01-012021-12-31 099167822020-12-31 09916782core:WithinOneYear2021-12-31 09916782core:WithinOneYear2020-12-31 09916782core:AfterOneYear2021-12-31 09916782core:AfterOneYear2020-12-31 09916782core:ShareCapital2021-12-31 09916782core:ShareCapital2020-12-31 09916782core:RetainedEarningsAccumulatedLosses2021-12-31 09916782core:RetainedEarningsAccumulatedLosses2020-12-31 09916782business:SmallEntities2021-01-012021-12-31 09916782countries:EnglandWales2021-01-012021-12-31 09916782core:PlantMachinery2021-01-012021-12-31 09916782core:MotorVehicles2021-01-012021-12-31 09916782core:FurnitureFittings2021-01-012021-12-31 09916782core:PlantMachinery2020-12-31 09916782core:MotorVehicles2020-12-31 09916782core:FurnitureFittings2020-12-31 09916782core:PlantMachinery2021-12-31 09916782core:MotorVehicles2021-12-31 09916782core:FurnitureFittings2021-12-31 099167822020-01-012020-12-31 iso4217:GBP xbrli:pure
Company Registration No. 09916782 (England and Wales)
Securefire Solutions Ltd Unaudited accounts for the year ended 31 December 2021
Securefire Solutions Ltd Unaudited accounts Contents
Page
- 2 -
Securefire Solutions Ltd Company Information for the year ended 31 December 2021
Director
A Caplen
Company Number
09916782 (England and Wales)
Registered Office
13 Edwina Close Southampton Hampshire SO19 7BJ
Accountants
Continuity Finance 95 Brownhill Road Chandlers Ford Eastleigh Hampshire SO53 2FH
- 3 -
Securefire Solutions Ltd Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,960 
6,161 
Current assets
Debtors
4,835 
1,701 
Cash at bank and in hand
10,364 
11,344 
15,199 
13,045 
Creditors: amounts falling due within one year
(4,695)
(9,032)
Net current assets
10,504 
4,013 
Total assets less current liabilities
15,464 
10,174 
Creditors: amounts falling due after more than one year
(4,433)
(2,500)
Net assets
11,031 
7,674 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
11,030 
7,673 
Shareholders' funds
11,031 
7,674 
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 1 September 2022 and were signed on its behalf by
A Caplen Director Company Registration No. 09916782
- 4 -
Securefire Solutions Ltd Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
Securefire Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 09916782. The registered office is 13 Edwina Close, Southampton, Hampshire, SO19 7BJ.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets under the cot model are included at historical cost less historical depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Financial instruments
Short term debtors and creditors are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.
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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted at the balance sheet date. Current tax assets and liabilities are not discounted.
- 5 -
Securefire Solutions Ltd Notes to the Accounts for the year ended 31 December 2021
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2021
1,826 
7,526 
1,193 
10,545 
Additions
399 
- 
- 
399 
At 31 December 2021
2,225 
7,526 
1,193 
10,944 
Depreciation
At 1 January 2021
381 
3,158 
845 
4,384 
Charge for the year
421 
1,092 
87 
1,600 
At 31 December 2021
802 
4,250 
932 
5,984 
Net book value
At 31 December 2021
1,423 
3,276 
261 
4,960 
At 31 December 2020
1,445 
4,368 
348 
6,161 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
4,835 
1,701 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
2,000 
1,200 
Taxes and social security
1,538 
2,383 
Other creditors
- 
4,001 
Loans from directors
1,157 
1,448 
4,695 
9,032 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
4,433 
2,500 
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).
- 6 -