FIRE STOP AND SEAL LIMITED

Company Registration Number:
NI634825 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

FIRE STOP AND SEAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

FIRE STOP AND SEAL LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 56,973 46,280
Total fixed assets: 56,973 46,280
Current assets
Stocks: 9,138 9,138
Debtors:   128,239 142,320
Cash at bank and in hand: 39,512 42,531
Total current assets: 176,889 193,989
Creditors: amounts falling due within one year:   (104,500) (128,018)
Net current assets (liabilities): 72,389 65,971
Total assets less current liabilities: 129,362 112,251
Creditors: amounts falling due after more than one year:   (18,912) (28,912)
Total net assets (liabilities): 110,450 83,339
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 110,448 83,337
Shareholders funds: 110,450 83,339

The notes form part of these financial statements

FIRE STOP AND SEAL LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 June 2024
and signed on behalf of the board by:

Name: Mr H McKay
Status: Director

The notes form part of these financial statements

FIRE STOP AND SEAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life.

FIRE STOP AND SEAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 6 6

FIRE STOP AND SEAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 86,160
Additions 26,388
At 31 December 2023 112,548
Depreciation
At 01 January 2023 39,880
Charge for year 15,695
At 31 December 2023 55,575
Net book value
At 31 December 2023 56,973
At 31 December 2022 46,280