Company Registration No. 06926952 (England and Wales)
Veteran Fire Safety Limited
Annual Accounts
for the year ended 30 June 2023
Veteran Fire Safety Limited
Annual Accounts
Contents
Veteran Fire Safety Limited
Company Information
for the year ended 30 June 2023
Directors
Mr Mark Peter Clayton
Mr Kevin Anthony Iliffe
Company Number
06926952 (England and Wales)
Registered Office
Rawa House
Whitwick Road
Coalville
LE67 3FA
United Kingdom
Accountants
Business Engine Room
Castle Cavendish Business Centre
Dorking Road
Nottingham
NG7 5PN
Veteran Fire Safety Limited
Statement of financial position
as at 30 June 2023
Tangible assets
140,659
91,623
Cash at bank and in hand
200,829
149,346
Creditors: amounts falling due within one year
(208,319)
(213,095)
Net current assets
240,755
235,180
Total assets less current liabilities
381,414
326,803
Creditors: amounts falling due after more than one year
(77,576)
(59,544)
Net assets
303,838
267,259
Called up share capital
100
100
Profit and loss account
303,738
267,159
Shareholders' funds
303,838
267,259
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 15 October 2023 and were signed on its behalf by
Mr Kevin Anthony Iliffe
Director
Company Registration No. 06926952
Veteran Fire Safety Limited
Notes to the Accounts
for the year ended 30 June 2023
Veteran Fire Safety Limited is a private company, limited by shares, registered in England and Wales, registration number 06926952. The registered office is Rawa House, Whitwick Road, Coalville, LE67 3FA, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
over 50 years for Freehold and over the lease term for leasehold
Plant & machinery
over 5 years
Motor vehicles
over 5 years
Fixtures & fittings
over 5 years
Computer equipment
over 5 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
22,766
149,535
22,736
195,037
Additions
2,350
100,000
2,917
105,267
Disposals
-
(68,500)
-
(68,500)
At 30 June 2023
25,116
181,035
25,653
231,804
At 1 July 2022
16,742
74,809
11,863
103,414
Charge for the year
1,544
15,030
2,657
19,231
On disposals
-
(31,500)
-
(31,500)
At 30 June 2023
18,286
58,339
14,520
91,145
At 30 June 2023
6,830
122,696
11,133
140,659
At 30 June 2022
6,024
74,726
10,873
91,623
Veteran Fire Safety Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
240,984
292,650
Accrued income and prepayments
5,048
3,936
Amounts falling due after more than one year
Accrued income and prepayments
2,213
2,213
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,649
10,649
Obligations under finance leases and hire purchase contracts
36,312
23,984
Trade creditors
39,645
46,778
Taxes and social security
35,144
27,474
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
58,299
30,500
8
Operating lease commitments
2023
2022
At 30 June 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
-
12,950
Later than one year and not later than five years
-
4,317
9
Average number of employees
During the year the average number of employees was 12 (2022: 12).