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REGISTERED NUMBER: 14930622 (England and Wales)











SAXON FIRE SPRINKLERS LTD

FINANCIAL STATEMENTS

FOR THE PERIOD

12TH JUNE 2023 TO 31ST MARCH 2024






SAXON FIRE SPRINKLERS LTD (REGISTERED NUMBER: 14930622)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 12TH JUNE 2023 TO 31ST MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


SAXON FIRE SPRINKLERS LTD

COMPANY INFORMATION
FOR THE PERIOD 12TH JUNE 2023 TO 31ST MARCH 2024







DIRECTOR: M Jones





REGISTERED OFFICE: Flat 2
177 Queens Road
Hastings
TN34 1RN





REGISTERED NUMBER: 14930622 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE

SAXON FIRE SPRINKLERS LTD (REGISTERED NUMBER: 14930622)

BALANCE SHEET
31ST MARCH 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 625

CURRENT ASSETS
Debtors 5 11,011
Cash at bank 7
11,018
CREDITORS
Amounts falling due within one year 6 7,451
NET CURRENT ASSETS 3,567
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,192

PROVISIONS FOR LIABILITIES 156
NET ASSETS 4,036

CAPITAL AND RESERVES
Called up share capital 7 1
Retained earnings 4,035
SHAREHOLDERS' FUNDS 4,036

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2024 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 16th August 2024 and were signed by:



M Jones - Director


SAXON FIRE SPRINKLERS LTD (REGISTERED NUMBER: 14930622)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 12TH JUNE 2023 TO 31ST MARCH 2024


1. STATUTORY INFORMATION

Saxon Fire Sprinklers Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The Company's accounting period has been shortened to align with the Construction Industry Scheme year end. These accounts therefore cover the period from 12th June 2023 to 31st March 2024.

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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the period 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.

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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

SAXON FIRE SPRINKLERS LTD (REGISTERED NUMBER: 14930622)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 12TH JUNE 2023 TO 31ST MARCH 2024


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
Additions 500 333 833
At 31st March 2024 500 333 833
DEPRECIATION
Charge for period 125 83 208
At 31st March 2024 125 83 208
NET BOOK VALUE
At 31st March 2024 375 250 625

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 11,011

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 5,119
Other creditors 2,332
7,451

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary 1 1

1 Ordinary share of 1 was allotted and fully paid for cash at par during the period.