IRIS Accounts Production v23.3.1.45 08755812 director 1.11.22 31.10.23 31.10.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087558122022-10-31087558122023-10-31087558122022-11-012023-10-31087558122022-09-30087558122022-10-012022-10-31087558122022-10-3108755812ns10:Originalns15:EnglandWales2022-11-012023-10-3108755812ns14:PoundSterlingns10:Original2022-11-012023-10-3108755812ns10:Originalns10:Director12022-11-012023-10-3108755812ns10:Original2022-11-012023-10-3108755812ns10:Original2023-10-3108755812ns10:Originalns10:PrivateLimitedCompanyLtd2022-11-012023-10-3108755812ns10:Originalns10:SmallEntities2022-11-012023-10-3108755812ns10:Originalns10:AuditExemptWithAccountantsReport2022-11-012023-10-3108755812ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3108755812ns10:SmallCompaniesRegimeForAccountsns10:Original2022-11-012023-10-3108755812ns10:Originalns10:FullAccounts2022-11-012023-10-3108755812ns10:Original12022-11-012023-10-3108755812ns10:Originalns10:RegisteredOffice2022-11-012023-10-3108755812ns10:Original2022-10-3108755812ns10:Originalns5:CurrentFinancialInstruments2023-10-3108755812ns10:Originalns5:CurrentFinancialInstruments2022-10-3108755812ns10:Originalns5:Non-currentFinancialInstruments2023-10-3108755812ns10:Originalns5:Non-currentFinancialInstruments2022-10-3108755812ns5:ShareCapitalns10:Original2023-10-3108755812ns5:ShareCapitalns10:Original2022-10-3108755812ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-10-3108755812ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-10-3108755812ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-11-012023-10-3108755812ns10:Originalns5:PatentsTrademarksLicencesConcessionsSimilar2022-11-012023-10-3108755812ns10:Originalns5:PlantMachinery2022-11-012023-10-3108755812ns10:Originalns5:FurnitureFittings2022-11-012023-10-3108755812ns10:Originalns5:MotorVehicles2022-11-012023-10-3108755812ns10:Originalns5:ComputerEquipment2022-11-012023-10-3108755812ns10:Original2022-10-012022-10-3108755812ns10:Originalns5:PatentsTrademarksLicencesConcessionsSimilar2022-10-3108755812ns10:Originalns5:PatentsTrademarksLicencesConcessionsSimilar2023-10-3108755812ns10:Originalns5:PatentsTrademarksLicencesConcessionsSimilar2022-10-3108755812ns10:Originalns5:PlantMachinery2022-10-3108755812ns10:Originalns5:FurnitureFittings2022-10-3108755812ns10:Originalns5:MotorVehicles2022-10-3108755812ns10:Originalns5:ComputerEquipment2022-10-3108755812ns10:Original2022-10-3108755812ns10:Originalns5:PlantMachinery2023-10-3108755812ns10:Originalns5:FurnitureFittings2023-10-3108755812ns10:Originalns5:MotorVehicles2023-10-3108755812ns10:Originalns5:ComputerEquipment2023-10-3108755812ns10:Originalns5:PlantMachinery2022-10-3108755812ns10:Originalns5:FurnitureFittings2022-10-3108755812ns10:Originalns5:MotorVehicles2022-10-3108755812ns10:Originalns5:ComputerEquipment2022-10-3108755812ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3108755812ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3108755812ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-10-3108755812ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-10-3108755812ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-10-3108755812ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-10-31



THAMESIDE FIRE STOPPING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2023






THAMESIDE FIRE STOPPING LIMITED (REGISTERED NUMBER: 08755812)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

THAMESIDE FIRE STOPPING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2023







DIRECTOR: S G Cunningham





REGISTERED OFFICE: Charter House
103-105 Leigh Road
Leigh-on-Sea
Essex
SS9 1JL





REGISTERED NUMBER: 08755812 (England and Wales)





ACCOUNTANTS: Clouders
Chartered Certified Accountants
Charter House
103-105 Leigh Road
Leigh-on-Sea
Essex
SS9 1JL

THAMESIDE FIRE STOPPING LIMITED (REGISTERED NUMBER: 08755812)

BALANCE SHEET
31ST OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,268 7,364
Tangible assets 5 21,507 25,682
27,775 33,046

CURRENT ASSETS
Stocks 2,500 4,000
Debtors 6 30,828 27,329
Cash at bank - 12,515
33,328 43,844
CREDITORS
Amounts falling due within one year 7 70,313 48,129
NET CURRENT LIABILITIES (36,985 ) (4,285 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,210

)

28,761

CREDITORS
Amounts falling due after more than one
year

8

(26,333

)

(31,153

)

PROVISIONS FOR LIABILITIES (468 ) (3,136 )
NET LIABILITIES (36,011 ) (5,528 )

THAMESIDE FIRE STOPPING LIMITED (REGISTERED NUMBER: 08755812)

BALANCE SHEET - continued
31ST OCTOBER 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (36,111 ) (5,628 )
SHAREHOLDERS' FUNDS (36,011 ) (5,528 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 13th March 2024 and were signed by:





S G Cunningham - Director


THAMESIDE FIRE STOPPING LIMITED (REGISTERED NUMBER: 08755812)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023

1. STATUTORY INFORMATION

Thameside Fire Stopping 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.

The accounts have been drawn up on the going concern basis as the company's director has agreed to continue to support the company for at least one year from the balance sheet date.

If the going concern basis was not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

THAMESIDE FIRE STOPPING LIMITED (REGISTERED NUMBER: 08755812)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023

2. ACCOUNTING POLICIES - continued

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 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1st November 2022
and 31st October 2023 10,954
AMORTISATION
At 1st November 2022 3,590
Amortisation for year 1,096
At 31st October 2023 4,686
NET BOOK VALUE
At 31st October 2023 6,268
At 31st October 2022 7,364

THAMESIDE FIRE STOPPING LIMITED (REGISTERED NUMBER: 08755812)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st November 2022 25,607 2,993 33,085 16,533 78,218
Additions 1,308 1,510 - 879 3,697
Disposals (4,032 ) (1,407 ) - (5,952 ) (11,391 )
At 31st October 2023 22,883 3,096 33,085 11,460 70,524
DEPRECIATION
At 1st November 2022 16,027 1,986 20,028 14,495 52,536
Charge for year 3,067 590 3,264 951 7,872
Eliminated on disposal (4,032 ) (1,407 ) - (5,952 ) (11,391 )
At 31st October 2023 15,062 1,169 23,292 9,494 49,017
NET BOOK VALUE
At 31st October 2023 7,821 1,927 9,793 1,966 21,507
At 31st October 2022 9,580 1,007 13,057 2,038 25,682

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 20,270 22,271
Other debtors 1,004 5,058
Corporation tax & other taxes 9,554 -
30,828 27,329

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 23,147 10,000
Trade creditors 17,251 28,344
Social security and other taxes 195 3,348
Other creditors 24,679 626
Directors' current accounts 801 75
Accrued expenses 4,240 5,736
70,313 48,129

THAMESIDE FIRE STOPPING LIMITED (REGISTERED NUMBER: 08755812)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans due in 1 to 2 years 10,000 10,000
Bank loans due in 2 to 5 years 16,333 21,153
26,333 31,153

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the director.

THAMESIDE FIRE STOPPING LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
THAMESIDE FIRE STOPPING LIMITED

The following reproduces the text of the report prepared for the director 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 Director 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 31st October 2023 set out on pages three to nine 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.






Clouders
Chartered Certified Accountants
Charter House
103-105 Leigh Road
Leigh-on-Sea
Essex
SS9 1JL


13th March 2024