2022-08-012023-07-312023-07-31false03910125FIRELINE LIMITED2023-09-2547990iso4217:GBPxbrli:pure039101252022-08-01039101252023-07-31039101252022-08-012023-07-31039101252021-08-01039101252022-07-31039101252021-08-012022-07-3103910125bus:SmallEntities2022-08-012023-07-3103910125bus:AuditExempt-NoAccountantsReport2022-08-012023-07-3103910125bus:FullAccounts2022-08-012023-07-3103910125bus:PrivateLimitedCompanyLtd2022-08-012023-07-3103910125core:WithinOneYear2023-07-3103910125core:AfterOneYear2023-07-3103910125core:WithinOneYear2022-07-3103910125core:AfterOneYear2022-07-3103910125core:ShareCapital2023-07-3103910125core:SharePremium2023-07-3103910125core:RevaluationReserve2023-07-3103910125core:OtherReservesSubtotal2023-07-3103910125core:RetainedEarningsAccumulatedLosses2023-07-3103910125core:ShareCapital2022-07-3103910125core:SharePremium2022-07-3103910125core:RevaluationReserve2022-07-3103910125core:OtherReservesSubtotal2022-07-3103910125core:RetainedEarningsAccumulatedLosses2022-07-3103910125core:LandBuildings2023-07-3103910125core:PlantMachinery2023-07-3103910125core:Vehicles2023-07-3103910125core:FurnitureFittings2023-07-3103910125core:OfficeEquipment2023-07-3103910125core:NetGoodwill2023-07-3103910125core:IntangibleAssetsOtherThanGoodwill2023-07-3103910125core:ListedExchangeTraded2023-07-3103910125core:UnlistedNon-exchangeTraded2023-07-3103910125core:LandBuildings2022-07-3103910125core:PlantMachinery2022-07-3103910125core:Vehicles2022-07-3103910125core:FurnitureFittings2022-07-3103910125core:OfficeEquipment2022-07-3103910125core:NetGoodwill2022-07-3103910125core:IntangibleAssetsOtherThanGoodwill2022-07-3103910125core:ListedExchangeTraded2022-07-3103910125core:UnlistedNon-exchangeTraded2022-07-3103910125core:LandBuildings2022-08-012023-07-3103910125core:PlantMachinery2022-08-012023-07-3103910125core:Vehicles2022-08-012023-07-3103910125core:FurnitureFittings2022-08-012023-07-3103910125core:OfficeEquipment2022-08-012023-07-3103910125core:NetGoodwill2022-08-012023-07-3103910125core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3103910125core:ListedExchangeTraded2022-08-012023-07-3103910125core:UnlistedNon-exchangeTraded2022-08-012023-07-3103910125core:MoreThanFiveYears2022-08-012023-07-3103910125core:Non-currentFinancialInstruments2023-07-3103910125core:Non-currentFinancialInstruments2022-07-3103910125dpl:CostSales2022-08-012023-07-3103910125dpl:DistributionCosts2022-08-012023-07-3103910125dpl:AdministrativeExpenses2022-08-012023-07-3103910125core:LandBuildings2022-08-012023-07-3103910125core:PlantMachinery2022-08-012023-07-3103910125core:Vehicles2022-08-012023-07-3103910125core:FurnitureFittings2022-08-012023-07-3103910125core:OfficeEquipment2022-08-012023-07-3103910125core:NetGoodwill2022-08-012023-07-3103910125core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3103910125dpl:GroupUndertakings2022-08-012023-07-3103910125dpl:ParticipatingInterests2022-08-012023-07-3103910125dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3103910125core:ListedExchangeTraded2022-08-012023-07-3103910125dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3103910125core:UnlistedNon-exchangeTraded2022-08-012023-07-3103910125dpl:CostSales2021-08-012022-07-3103910125dpl:DistributionCosts2021-08-012022-07-3103910125dpl:AdministrativeExpenses2021-08-012022-07-3103910125core:LandBuildings2021-08-012022-07-3103910125core:PlantMachinery2021-08-012022-07-3103910125core:Vehicles2021-08-012022-07-3103910125core:FurnitureFittings2021-08-012022-07-3103910125core:OfficeEquipment2021-08-012022-07-3103910125core:NetGoodwill2021-08-012022-07-3103910125core:IntangibleAssetsOtherThanGoodwill2021-08-012022-07-3103910125dpl:GroupUndertakings2021-08-012022-07-3103910125dpl:ParticipatingInterests2021-08-012022-07-3103910125dpl:GroupUndertakingscore:ListedExchangeTraded2021-08-012022-07-3103910125core:ListedExchangeTraded2021-08-012022-07-3103910125dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-08-012022-07-3103910125core:UnlistedNon-exchangeTraded2021-08-012022-07-3103910125core:NetGoodwill2023-07-3103910125core:IntangibleAssetsOtherThanGoodwill2023-07-3103910125core:LandBuildings2023-07-3103910125core:PlantMachinery2023-07-3103910125core:Vehicles2023-07-3103910125core:FurnitureFittings2023-07-3103910125core:OfficeEquipment2023-07-3103910125core:AfterOneYear2023-07-3103910125core:WithinOneYear2023-07-3103910125core:ListedExchangeTraded2023-07-3103910125core:UnlistedNon-exchangeTraded2023-07-3103910125core:ShareCapital2023-07-3103910125core:SharePremium2023-07-3103910125core:RevaluationReserve2023-07-3103910125core:OtherReservesSubtotal2023-07-3103910125core:RetainedEarningsAccumulatedLosses2023-07-3103910125core:NetGoodwill2022-07-3103910125core:IntangibleAssetsOtherThanGoodwill2022-07-3103910125core:LandBuildings2022-07-3103910125core:PlantMachinery2022-07-3103910125core:Vehicles2022-07-3103910125core:FurnitureFittings2022-07-3103910125core:OfficeEquipment2022-07-3103910125core:AfterOneYear2022-07-3103910125core:WithinOneYear2022-07-3103910125core:Liste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FIRELINE LIMITED

Registered Number
03910125
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2023

FIRELINE LIMITED
Company Information
for the year from 1 August 2022 to 31 July 2023

Director

ENGLEBRIGHT, Adrian

Registered Address

Unit 29 Glenmore Business Park
Wend-Al Road
Blandford Forum
DT11 7FP

Registered Number

03910125 (England and Wales)
FIRELINE LIMITED
Balance Sheet as at
31 July 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets6117,800108,040
Tangible assets7307,769290,146
Investments822
425,571398,188
Current assets
Stocks96,5006,500
Debtors10112,127131,003
Cash at bank and on hand247,544177,341
366,171314,844
Creditors amounts falling due within one year11(288,091)(283,736)
Net current assets (liabilities)78,08031,108
Total assets less current liabilities503,651429,296
Creditors amounts falling due after one year12(112,577)(130,910)
Provisions for liabilities14(28,407)(17,266)
Net assets362,667281,120
Capital and reserves
Called up share capital22
Profit and loss account362,665281,118
Shareholders' funds362,667281,120
The financial statements were approved and authorised for issue by the Director on 25 September 2023, and are signed on its behalf by:
ENGLEBRIGHT, Adrian
Director
Registered Company No. 03910125
FIRELINE LIMITED
Notes to the Financial Statements
for the year ended 31 July 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
4.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Vehicles25
Office Equipment15
Intangible assets policy
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years. Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Goodwill - 10% straight line If there is an indication that there has been significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect new estimates.
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leases policy
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Investments policy
Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
5.Employee information

20232022
Average number of employees during the year1413
6.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 August 22265,569265,569
Additions27,50027,500
At 31 July 23293,069293,069
Amortisation and impairment
At 01 August 22157,529157,529
Charge for year17,74017,740
At 31 July 23175,269175,269
Net book value
At 31 July 23117,800117,800
At 31 July 22108,040108,040
7.Property, plant and equipment

Land & buildings

Vehicles

Fixtures & fittings

Total

££££
Cost or valuation
At 01 August 22220,830142,97438,920402,724
Additions-48,0104,47052,480
Disposals-(29,595)-(29,595)
At 31 July 23220,830161,38943,390425,609
Depreciation and impairment
At 01 August 22-87,24425,334112,578
Charge for year-23,8672,71026,577
On disposals-(21,315)-(21,315)
At 31 July 23-89,79628,044117,840
Net book value
At 31 July 23220,83071,59315,346307,769
At 31 July 22220,83055,73013,586290,146
8.Fixed asset investments

Other investments1

Total

££
Cost or valuation
At 01 August 2222
At 31 July 2322
Net book value
At 31 July 2322
At 31 July 2222

Notes

1Other investments other than loans
9.Stocks

2023

2022

££
Finished goods6,5006,500
Total6,5006,500
10.Debtors

2023

2022

££
Trade debtors / trade receivables112,127130,463
Prepayments and accrued income-540
Total112,127131,003
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
11.Creditors within one year

2023

2022

££
Trade creditors / trade payables61,61797,853
Bank borrowings and overdrafts18,95418,232
Taxation and social security113,87280,938
Finance lease and HP contracts22,95420,273
Other creditors47,95358,095
Accrued liabilities and deferred income22,7418,345
Total288,091283,736
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
12.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts81,094100,048
Other creditors31,48330,862
Total112,577130,910
Included within creditors due after one year is an amount of £11,078 (2022 - £19,576) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date. The bank loan is repayable over 10 years at an effective interest rate of 4.8%. The bounce back loan is repayable over 10 years at an effective interest rate of 1.9%.
13.Finance lease and HP contracts after one year

2023

2022

££
Finance lease and HP contracts31,48422,150
14.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)28,40717,266
Total28,40717,266