Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-312022-09-01falsetrueadvise on safety, security and fire issues and give a consultancy service to Government, local authority and industrial organisations.33trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04238497 2022-09-01 2023-08-31 04238497 2021-09-01 2022-08-31 04238497 2023-08-31 04238497 2022-08-31 04238497 c:Director1 2022-09-01 2023-08-31 04238497 c:Director2 2022-09-01 2023-08-31 04238497 d:PlantMachinery 2022-09-01 2023-08-31 04238497 d:PlantMachinery 2023-08-31 04238497 d:PlantMachinery 2022-08-31 04238497 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 04238497 d:FurnitureFittings 2022-09-01 2023-08-31 04238497 d:PatentsTrademarksLicencesConcessionsSimilar 2023-08-31 04238497 d:PatentsTrademarksLicencesConcessionsSimilar 2022-08-31 04238497 d:CurrentFinancialInstruments 2023-08-31 04238497 d:CurrentFinancialInstruments 2022-08-31 04238497 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 04238497 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 04238497 d:ShareCapital 2023-08-31 04238497 d:ShareCapital 2022-08-31 04238497 d:RetainedEarningsAccumulatedLosses 2023-08-31 04238497 d:RetainedEarningsAccumulatedLosses 2022-08-31 04238497 c:OrdinaryShareClass1 2022-09-01 2023-08-31 04238497 c:OrdinaryShareClass1 2023-08-31 04238497 c:OrdinaryShareClass1 2022-08-31 04238497 c:OrdinaryShareClass2 2022-09-01 2023-08-31 04238497 c:OrdinaryShareClass2 2023-08-31 04238497 c:OrdinaryShareClass2 2022-08-31 04238497 c:FRS102 2022-09-01 2023-08-31 04238497 c:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 04238497 c:FullAccounts 2022-09-01 2023-08-31 04238497 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 04238497 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-09-01 2023-08-31 04238497 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-08-31 04238497 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-08-31 04238497 2 2022-09-01 2023-08-31 04238497 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2022-09-01 2023-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04238497










FIRE & INDUSTRIAL PERSONAL PROTECTIVE EQUIPMENT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

 
FIRE & INDUSTRIAL PERSONAL PROTECTIVE EQUIPMENT LIMITED
 

CONTENTS



Page
Accountants' Report
 
 
1
Balance Sheet
 
 
2 - 3
Notes to the Financial Statements
 
 
4 - 9


 
FIRE & INDUSTRIAL PERSONAL PROTECTIVE EQUIPMENT LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF FIRE & INDUSTRIAL PERSONAL PROTECTIVE EQUIPMENT LIMITED
FOR THE YEAR ENDED 31 AUGUST 2021

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fire & Industrial Personal Protective Equipment Limited for the year ended 31 August 2023 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Fire & Industrial Personal Protective Equipment Limited, as a body, in accordance with the terms of our engagement letter dated 11 October 2021Our work has been undertaken solely to prepare for your approval the financial statements of Fire & Industrial Personal Protective Equipment Limited  and state those matters that we have agreed to state to the Board of Directors of Fire & Industrial Personal Protective Equipment Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fire & Industrial Personal Protective Equipment Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that Fire & Industrial Personal Protective Equipment Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fire & Industrial Personal Protective Equipment Limited. You consider that Fire & Industrial Personal Protective Equipment Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Fire & Industrial Personal Protective Equipment Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
31 January 2024
Page 1

 
FIRE & INDUSTRIAL PERSONAL PROTECTIVE EQUIPMENT LIMITED
REGISTERED NUMBER: 04238497

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
-
916

Tangible assets
 5 
3,622
2,610

  
3,622
3,526

Current assets
  

Debtors: amounts falling due within one year
 6 
15,268
16,907

Cash at bank and in hand
  
41,398
46,482

  
56,666
63,389

Creditors: amounts falling due within one year
 7 
(47,221)
(46,266)

Net current assets
  
 
 
9,445
 
 
17,123

Total assets less current liabilities
  
13,067
20,649

Provisions for liabilities
  

Deferred tax
  
(841)
(496)

  
 
 
(841)
 
 
(496)

Net assets
  
12,226
20,153


Capital and reserves
  

Called up share capital 
 8 
2
2

Profit and loss account
  
12,224
20,151

  
12,226
20,153


Page 2

 
FIRE & INDUSTRIAL PERSONAL PROTECTIVE EQUIPMENT LIMITED
REGISTERED NUMBER: 04238497
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 January 2024.




................................................
Mr D G Matthews
................................................
Mrs B Matthews
Director
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
FIRE & INDUSTRIAL PERSONAL PROTECTIVE EQUIPMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

The Company is a private company incorporated in the United Kingdom and limited by shares. It is registered in England and Wales. The company's trading address and registered office is The Hideaway, 56 Chantry Lane, Necton, Swaffham PE37 8ET.
The company's principle activity is to advise on safety, security and fire issues and give a consultancy service to Government, local authority and industrial organisations. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The principle accounting policies adopted in the preparation of the financial statements are set out below, remain unchanged from the previous year and have been consistently applied within the same accounts.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
FIRE & INDUSTRIAL PERSONAL PROTECTIVE EQUIPMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax.
Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date.
Current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures, fittings and equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
FIRE & INDUSTRIAL PERSONAL PROTECTIVE EQUIPMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. 
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and sebsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. 

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 6

 
FIRE & INDUSTRIAL PERSONAL PROTECTIVE EQUIPMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

4.


Intangible assets




Number plate

£



Cost


At 1 September 2022
1,934



At 31 August 2023

1,934



Amortisation


At 1 September 2022
1,018


Charge for the year on owned assets
916



At 31 August 2023

1,934



Net book value



At 31 August 2023
-



At 31 August 2022
916



Page 7

 
FIRE & INDUSTRIAL PERSONAL PROTECTIVE EQUIPMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

5.


Tangible fixed assets





Fixtures, fittings and equipment

£



Cost or valuation


At 1 September 2022
14,777


Additions
2,257


Disposals
(162)



At 31 August 2023

16,872



Depreciation


At 1 September 2022
12,167


Charge for the year on owned assets
1,207


Disposals
(124)



At 31 August 2023

13,250



Net book value



At 31 August 2023
3,622



At 31 August 2022
2,610


6.


Debtors

2023
2022
£
£


Trade debtors
13,465
15,743

Other debtors
736
-

Prepayments and accrued income
1,067
1,164

15,268
16,907


Page 8

 
FIRE & INDUSTRIAL PERSONAL PROTECTIVE EQUIPMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
23,717
19,137

Other creditors
-
366

Accruals and deferred income
23,504
26,763

47,221
46,266



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary "A" share of £1.00
1
1
1 (2022 - 1) Ordinary "B" share of £1.00
1
1

2

2



9.


Related party transactions

The balance on the joint directors' loan account at 1 September 2022 was £169 owing to the directors by the company. 
During the year, the company advanced £81,771 to the directors and the directors introduced funds into the company of £80,866
The balance on the joint directors' loan account as at 31 August 2023 was £736 owing to the company from the directors in note 6 above. The loan is repayable on demand and no interest has been charged.

 
Page 9