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REGISTERED NUMBER: 05863517 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

LIBERTY FIRE & VISION LIMITED

LIBERTY FIRE & VISION LIMITED (REGISTERED NUMBER: 05863517)






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

Report of the Accountants 6

LIBERTY FIRE & VISION LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTORS: M Horton
Mrs S L Horton





SECRETARY: Mrs S L Horton





REGISTERED OFFICE: Unit 1-2 Rosehill Business Park
2-10 St Luke's Road
Southport
Merseyside
PR9 0SH





REGISTERED NUMBER: 05863517 (England and Wales)





ACCOUNTANTS: Beaumont & Co
Suite 5
Martland Mill
Mart Lane
Burscough
Lancashire
L40 0SD

LIBERTY FIRE & VISION LIMITED (REGISTERED NUMBER: 05863517)

BALANCE SHEET
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 270,609 213,992

CURRENT ASSETS
Debtors 5 545,527 565,998
Cash at bank and in hand 14,149 3,924
559,676 569,922
CREDITORS
Amounts falling due within one year 6 214,309 315,755
NET CURRENT ASSETS 345,367 254,167
TOTAL ASSETS LESS CURRENT
LIABILITIES

615,976

468,159

CREDITORS
Amounts falling due after more than one year 7 22,272 68,808
NET ASSETS 593,704 399,351

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 593,702 399,349
SHAREHOLDERS' FUNDS 593,704 399,351

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 directors acknowledge their 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.

LIBERTY FIRE & VISION LIMITED (REGISTERED NUMBER: 05863517)

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 Board of Directors and authorised for issue on 18 November 2023 and were signed on its behalf by:





M Horton - Director


LIBERTY FIRE & VISION LIMITED (REGISTERED NUMBER: 05863517)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Liberty Fire & Vision 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.

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.

Turnover
Turnover 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 13 ) .

LIBERTY FIRE & VISION LIMITED (REGISTERED NUMBER: 05863517)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 277,775
Additions 100,455
At 31 March 2023 378,230
DEPRECIATION
At 1 April 2022 63,783
Charge for year 43,838
At 31 March 2023 107,621
NET BOOK VALUE
At 31 March 2023 270,609
At 31 March 2022 213,992

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 545,527 565,398
Other debtors - 600
545,527 565,998

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts - 21,343
Hire purchase contracts 26,776 26,776
Payments on account - 150,000
Trade creditors 16,603 11,627
Taxation and social security 120,652 92,662
Other creditors 50,278 13,347
214,309 315,755

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 22,272 68,808

LIBERTY FIRE & VISION LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
LIBERTY FIRE & VISION LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Beaumont & Co
Suite 5
Martland Mill
Mart Lane
Burscough
Lancashire
L40 0SD


18 November 2023