Company Registration No. 12330399 (England and Wales)
Holistic Fire Safety Ltd
Unaudited accounts
for the year ended 30 November 2023
Holistic Fire Safety Ltd
Unaudited accounts
Contents
Holistic Fire Safety Ltd
Company Information
for the year ended 30 November 2023
Director
William Smith Davidson
Company Number
12330399 (England and Wales)
Registered Office
Unit 10B Humber Bridge Ind Est
Harrier Road
Barton upon Humber
North Lincolnshire
DN18 5RP
United Kingdom
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Holistic Fire Safety Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
38,706
49,742
Cash at bank and in hand
200,729
34,605
Creditors: amounts falling due within one year
(329,491)
(112,660)
Net current assets
385,099
120,643
Total assets less current liabilities
423,805
170,385
Creditors: amounts falling due after more than one year
(33,313)
(37,255)
Provisions for liabilities
Deferred tax
(7,354)
(9,451)
Net assets
383,138
123,679
Called up share capital
100
100
Profit and loss account
383,038
123,579
Shareholders' funds
383,138
123,679
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 18 January 2024 and were signed on its behalf by
William Smith Davidson
Director
Company Registration No. 12330399
Holistic Fire Safety Ltd
Notes to the Accounts
for the year ended 30 November 2023
Holistic Fire Safety Ltd is a private company, limited by shares, registered in England and Wales, registration number 12330399. The registered office is Unit 10B Humber Bridge Ind Est, Harrier Road, Barton upon Humber, North Lincolnshire, DN18 5RP, United Kingdom.
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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:
Plant & machinery
Cost @ 25%
Motor vehicles
Reducing balance basis @ 25%
Fixtures & fittings
Cost @ 25%
Computer equipment
Reducing balance basis @ 25%
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Holistic Fire Safety Ltd
Notes to the Accounts
for the year ended 30 November 2023
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2022
9,332
64,836
6,871
-
81,039
At 30 November 2023
9,332
64,836
6,871
765
81,804
At 1 December 2022
2,333
26,468
2,496
-
31,297
Charge for the year
2,333
7,674
1,718
76
11,801
At 30 November 2023
4,666
34,142
4,214
76
43,098
At 30 November 2023
4,666
30,694
2,657
689
38,706
At 30 November 2022
6,999
38,368
4,375
-
49,742
Amounts falling due within one year
Trade debtors
503,142
196,517
Accrued income and prepayments
888
2,181
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,000
2,314
Obligations under finance leases and hire purchase contracts
3,440
2,783
Trade creditors
96,978
51,443
Taxes and social security
97,773
24,726
Other creditors
9,579
9,899
Loans from directors
10,419
(21,951)
Holistic Fire Safety Ltd
Notes to the Accounts
for the year ended 30 November 2023
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
18,230
17,957
8
Average number of employees
During the year the average number of employees was 30 (2022: 11).