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REGISTERED NUMBER: 04353799 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

Fire Suppression Technology Limited

Fire Suppression Technology Limited (Registered number: 04353799)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fire Suppression Technology Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: P P Petersen





SECRETARY: Mrs C J T Petersen





REGISTERED OFFICE: 238 Station Road
Addlestone
Surrey
KT15 2PS





REGISTERED NUMBER: 04353799 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

Fire Suppression Technology Limited (Registered number: 04353799)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 306 493

CURRENT ASSETS
Inventories 8,556 7,031
Debtors 5 18,896 1,380
Cash at bank 2,583 3,882
30,035 12,293
CREDITORS
Amounts falling due within one year 6 (29,014 ) (21,644 )
NET CURRENT ASSETS/(LIABILITIES) 1,021 (9,351 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,327 (8,858 )

CREDITORS
Amounts falling due after more than one
year

7

(5,632

)

(8,130

)
NET LIABILITIES (4,305 ) (16,988 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (4,307 ) (16,990 )
SHAREHOLDERS' FUNDS (4,305 ) (16,988 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Fire Suppression Technology Limited (Registered number: 04353799)

Balance Sheet - continued
31 March 2023


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 23 August 2023 and were signed by:





P P Petersen - Director


Fire Suppression Technology Limited (Registered number: 04353799)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Fire Suppression Technology 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The shareholder of the company has indicated their willingness to continue to financially support the company for the foreseeable future. Therefore, the accounts have been prepared on a going concern basis.

Revenue
Revenue 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Inventories 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.

Fire Suppression Technology Limited (Registered number: 04353799)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2022 950 1,709 2,659
Additions - 42 42
At 31 March 2023 950 1,751 2,701
DEPRECIATION
At 1 April 2022 856 1,310 2,166
Charge for year 24 205 229
At 31 March 2023 880 1,515 2,395
NET BOOK VALUE
At 31 March 2023 70 236 306
At 31 March 2022 94 399 493

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 17,647 1,380
Prepayments 1,249 -
18,896 1,380

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 2,498 2,437
Trade creditors 5,539 5,106
Tax 6,921 3,354
VAT 1,067 1,026
Other creditors 11,966 7,366
Directors' current accounts 48 -
Accruals and deferred income 975 2,355
29,014 21,644

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans - 1-2 years 2,561 2,498
Bank loans - 2-5 years 3,071 5,632
5,632 8,130