RESIDENTIAL FIRE PROTECTION LIMITED

Company Registration Number:
10244200 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

RESIDENTIAL FIRE PROTECTION LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

RESIDENTIAL FIRE PROTECTION LIMITED

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 109,536 41,626
Investments: 4 300,000 300,000
Total fixed assets: 409,536 341,626
Current assets
Debtors:   281,167 281,418
Cash at bank and in hand: 45,191 9,456
Total current assets: 326,358 290,874
Creditors: amounts falling due within one year: 5 (249,657) (174,349)
Net current assets (liabilities): 76,701 116,525
Total assets less current liabilities: 486,237 458,151
Creditors: amounts falling due after more than one year: 6 (338,987) (336,898)
Total net assets (liabilities): 147,250 121,253
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 146,250 120,253
Shareholders funds: 147,250 121,253

The notes form part of these financial statements

RESIDENTIAL FIRE PROTECTION LIMITED

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 March 2024
and signed on behalf of the board by:

Name: Amy Smythe Atkin
Status: Director

The notes form part of these financial statements

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

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:Motor Vehicles 20% p.a. on a reducing balance basisFixtures & Fittings 20% p.a. on a reducing balance basisComputer equipment 25% p.a. on a straight line basis

Other accounting policies

Pension CostsThe company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 15 20

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 62,326
Additions 95,513
At 30 June 2023 157,839
Depreciation
At 01 July 2022 20,700
Charge for year 27,603
At 30 June 2023 48,303
Net book value
At 30 June 2023 109,536
At 30 June 2022 41,626

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Fixed investments

On 6 April 2021 the Company acquired 100 ordinary shares of one pound each which represents 100% of the voting capital of Axiom Pipe Services Limited, a private company registered in England for £300,000.

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Creditors: amounts falling due within one year note

Obligations under finance leases and hire purchase contracts £26,879Taxes and social security £87,839Other creditors £3,272Loans from directors £124,000Accruals £7,667

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Creditors: amounts falling due after more than one year note

Obligations under hire purchase contracts £68,987Loans from directors. £270,000

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

7. Loans to directors

Name of director receiving advance or credit: Gary Atkin
Description of the loan: An interest free loan of £475,000 was provided to the Company on 6 April 2021 repayable in instalments over five years. The loan is secured by a fixed and floating debenture dated 4 March 2024
£
Balance at 01 July 2022 429,000
Advances or credits repaid: 35,000
Balance at 30 June 2023 394,000

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

8. Related party transactions

At 30 June 2023 there was £90,245 owed from Axiom Pipe Services Limited, a wholly owned subsidiary of the Company.