Company Registration No. 11386976 (England and Wales)
GEM FIRE SOLUTIONS LIMITED
Unaudited accounts
for the period from 1 June 2023 to 31 March 2024
GEM FIRE SOLUTIONS LIMITED
Unaudited accounts
Contents
GEM FIRE SOLUTIONS LIMITED
Company Information
for the period from 1 June 2023 to 31 March 2024
Company Number
11386976 (England and Wales)
Registered Office
Unit R Linsford Lane
Mytchett
Camberley
GU16 6DJ
Accountants
DSB Accounting Ltd
Canada House St Leonards Rd
20/20 Business Park
Maidstone
Kent
ME16 0LS
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
GEM FIRE SOLUTIONS LIMITED
for the period from 1 June 2023 to 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of GEM FIRE SOLUTIONS LIMITED for the period from 1 June 2023 to 31 March 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
This report is made solely to the Board of Directors of GEM FIRE SOLUTIONS LIMITED, as a body, in accordance with the terms of our engagement letter dated 15 April 2024. Our work has been undertaken solely to prepare for your approval the accounts of GEM FIRE SOLUTIONS LIMITED and state those matters that we have agreed to state to the Board of Directors of GEM FIRE SOLUTIONS LIMITED, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GEM FIRE SOLUTIONS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that GEM FIRE SOLUTIONS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of GEM FIRE SOLUTIONS LIMITED. You consider that GEM FIRE SOLUTIONS LIMITED is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of GEM FIRE SOLUTIONS 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 accounts.
DSB Accounting Ltd
Member in Practice
Canada House St Leonards Rd
20/20 Business Park
Maidstone
Kent
ME16 0LS
15 April 2024
GEM FIRE SOLUTIONS LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
48,132
18,837
Cash at bank and in hand
616,735
424,004
Creditors: amounts falling due within one year
(757,253)
(404,013)
Net current assets
560,892
356,594
Total assets less current liabilities
609,024
375,431
Creditors: amounts falling due after more than one year
-
(150,000)
Net assets
609,024
225,431
Called up share capital
2
2
Profit and loss account
609,022
225,429
Shareholders' funds
609,024
225,431
For the period ending 31 March 2024 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 15 April 2024 and were signed on its behalf by
Jamie Dyer
Director
Company Registration No. 11386976
GEM FIRE SOLUTIONS LIMITED
Notes to the Accounts
for the period from 1 June 2023 to 31 March 2024
GEM FIRE SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11386976. The registered office is Unit R Linsford Lane, Mytchett, Camberley, GU16 6DJ.
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 period, 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:
Motor vehicles
4 Year Straight line
4
Tangible fixed assets
Motor vehicles
Charge for the period
12,753
Amounts falling due within one year
Trade debtors
661,702
336,603
Accrued income and prepayments
6,433
-
GEM FIRE SOLUTIONS LIMITED
Notes to the Accounts
for the period from 1 June 2023 to 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
269,199
127,692
Taxes and social security
184,336
106,360
Loans from directors
1,200
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the period the average number of employees was 11 (2023: 3).