1 July 2022 false No description of principal activity Taxfiler 2023.9 09602109business:PrivateLimitedCompanyLtd2022-07-012023-06-30 096021092022-06-30 096021092022-07-012023-06-30 09602109business:AuditExemptWithAccountantsReport2022-07-012023-06-30 09602109business:FilletedAccounts2022-07-012023-06-30 096021092023-06-30 09602109business:Director12022-07-012023-06-30 09602109business:Director22022-07-012023-06-30 09602109business:RegisteredOffice2022-07-012023-06-30 096021092022-06-30 09602109core:WithinOneYear2023-06-30 09602109core:WithinOneYear2022-06-30 09602109core:AfterOneYear2023-06-30 09602109core:AfterOneYear2022-06-30 09602109core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 09602109core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 09602109core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 09602109core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 09602109core:PreviouslyStatedAmount2023-06-30 09602109core:PreviouslyStatedAmount2022-06-30 09602109business:SmallEntities2022-07-012023-06-30 09602109countries:EnglandWales2022-07-012023-06-30 09602109core:PlantMachinery2022-07-012023-06-30 09602109core:MotorVehicles2022-07-012023-06-30 09602109core:PlantMachinery2022-06-30 09602109core:MotorVehicles2022-06-30 09602109core:PlantMachinery2023-06-30 09602109core:MotorVehicles2023-06-30 096021092021-07-012022-06-30 iso4217:GBP xbrli:pure
Company Registration No. 09602109 (England and Wales)
M I Fire Protection Services Limited Unaudited accounts for the year ended 30 June 2023
M I Fire Protection Services Limited Unaudited accounts Contents
Page
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M I Fire Protection Services Limited Company Information for the year ended 30 June 2023
Directors
Mr Ian Gilbert Mr Michael John Cairns
Company Number
09602109 (England and Wales)
Registered Office
Eventus Sunderland Road Market Deeping Peterborough PE6 8FD
Accountants
Direct Peak Ltd Eventus Sunderland Road Market Deeping Peterborough PE6 8FD
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M I Fire Protection Services Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
47,119 
59,335 
Current assets
Inventories
41,598 
53,625 
Debtors
91,905 
103,954 
Cash at bank and in hand
129,873 
75,875 
263,376 
233,454 
Creditors: amounts falling due within one year
(132,243)
(95,738)
Net current assets
131,133 
137,716 
Total assets less current liabilities
178,252 
197,051 
Creditors: amounts falling due after more than one year
(11,042)
(26,461)
Provisions for liabilities
Deferred tax
(9,699)
(11,258)
Net assets
157,511 
159,332 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
157,509 
159,330 
Shareholders' funds
157,511 
159,332 
For the year ending 30 June 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 3 October 2023 and were signed on its behalf by
Mr Ian Gilbert Director Company Registration No. 09602109
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M I Fire Protection Services Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
M I Fire Protection Services Limited is a private company, limited by shares, registered in England and Wales, registration number 09602109. The registered office is Eventus Sunderland Road, Market Deeping, Peterborough, PE6 8FD.
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.
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:
Plant & machinery
20% Reducing balance
Motor vehicles
25% Reducing balance
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.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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M I Fire Protection Services Limited Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
5,381 
97,591 
102,972 
Additions
7,502 
- 
7,502 
Disposals
(5,693)
- 
(5,693)
At 30 June 2023
7,190 
97,591 
104,781 
Depreciation
At 1 July 2022
1,712 
41,925 
43,637 
Charge for the year
1,923 
13,916 
15,839 
On disposals
(1,814)
- 
(1,814)
At 30 June 2023
1,821 
55,841 
57,662 
Net book value
At 30 June 2023
5,369 
41,750 
47,119 
At 30 June 2022
3,669 
55,666 
59,335 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
75,809 
93,643 
Other debtors
16,096 
10,311 
91,905 
103,954 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
11,242 
8,824 
Obligations under finance leases and hire purchase contracts
15,420 
22,992 
Trade creditors
51,897 
25,099 
Taxes and social security
42,570 
29,578 
Other creditors
765 
559 
Loans from directors
8,589 
7,361 
Accruals
1,760 
1,325 
132,243 
95,738 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
11,042 
26,461 
8
Average number of employees
During the year the average number of employees was 7 (2022: 6).
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