REGISTERED NUMBER: |
AUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
12 JULY 2022 TO 30 SEPTEMBER 2023 |
FOR |
FIRE DOOR INSPECTION SOLUTIONS |
(SOUTHERN) LIMITED |
REGISTERED NUMBER: |
AUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
12 JULY 2022 TO 30 SEPTEMBER 2023 |
FOR |
FIRE DOOR INSPECTION SOLUTIONS |
(SOUTHERN) LIMITED |
FIRE DOOR INSPECTION SOLUTIONS |
(SOUTHERN) LIMITED (REGISTERED NUMBER: 14228370) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the period 12 July 2022 to 30 September 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
FIRE DOOR INSPECTION SOLUTIONS |
(SOUTHERN) LIMITED |
COMPANY INFORMATION |
for the period 12 July 2022 to 30 September 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants |
Statutory Auditor |
Magma House, 16 Davy Court |
Castle Mound Way |
Rugby |
CV23 0UZ |
FIRE DOOR INSPECTION SOLUTIONS |
(SOUTHERN) LIMITED (REGISTERED NUMBER: 14228370) |
BALANCE SHEET |
30 September 2023 |
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
FIRE DOOR INSPECTION SOLUTIONS |
(SOUTHERN) LIMITED (REGISTERED NUMBER: 14228370) |
NOTES TO THE FINANCIAL STATEMENTS |
for the period 12 July 2022 to 30 September 2023 |
1. | STATUTORY INFORMATION |
Fire Door Inspection Solutions (Southern) Limited is a limited company, registered in England and Wales. Its registered office address is Magma House, 16 Davy Court, Castle Mound Way, Rugby, Warwickshire, CV23 0UZ and the registered number is 14228370. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The company's functional currency and presentational currency is Sterling (£). |
Consolidated accounts for the group are prepared by the ultimate parent company Integrated Doorset Solutions Limited. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and rebates allowed by the company and value added taxes. |
The company recognises revenue when (a) the significant risks and rewards of ownership have been transferred to the buyer; (b) the company retains no continuing involvement or control over the goods; (c) the amount of revenue can be measured reliably; (d) it is probable that future economic benefits will flow to the entity and (e) when the specific criteria relating to each of the company’s sales channels have been met. |
Financial instruments |
(i) Financial assets |
Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at |
transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. |
Such assets are subsequently carried at amortised cost using the effective interest rate method. |
(ii) Financial liabilities |
Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. |
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. |
Taxation |
The tax expense for the year comprises current and deferred tax. |
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. |
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that: |
- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and |
- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. |
Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
FIRE DOOR INSPECTION SOLUTIONS |
(SOUTHERN) LIMITED (REGISTERED NUMBER: 14228370) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 12 July 2022 to 30 September 2023 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed by group undertakings |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Taxation and social security |
Other creditors |
6. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
7. | RELATED PARTY DISCLOSURES |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
8. | ULTIMATE CONTROLLING PARTY |
Integrated Doorset Solutions Limited is considered the ultimate parent company by virtue of its majority shareholding. |
There was no ultimate controlling party in the current period, as no single shareholder has control of the parent company by virtue of shareholding. |