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REGISTERED NUMBER: 14228370 (England and Wales)












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: A Malhan





REGISTERED OFFICE: Magma House Unit 16
Castle Mound Way
Rugby
CV23 0UZ





REGISTERED NUMBER: 14228370 (England and Wales)





AUDITORS: Magma Audit LLP
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 4 328,163
Cash at bank 5,595
333,758
CREDITORS
Amounts falling due within one year 5 (148,369 )
NET CURRENT ASSETS 185,389
TOTAL ASSETS LESS CURRENT
LIABILITIES

185,389

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 185,388
185,389

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 February 2024 and were signed by:





A Malhan - Director


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
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 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 1 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 321,064
Other debtors 7,099
328,163

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 814
Taxation and social security 50,767
Other creditors 96,788
148,369

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Victoria Craig (Senior Statutory Auditor)
for and on behalf of Magma Audit LLP

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.