Caseware UK (AP4) 2023.0.135 2023.0.135 2023-05-01falseThe principal activity of the company is the supply and installation of smoke ventilation systems.912falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05763528 2023-05-01 2024-04-30 05763528 2022-05-01 2023-04-30 05763528 2024-04-30 05763528 2023-04-30 05763528 c:Director1 2023-05-01 2024-04-30 05763528 d:PlantMachinery 2023-05-01 2024-04-30 05763528 d:PlantMachinery 2024-04-30 05763528 d:PlantMachinery 2023-04-30 05763528 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05763528 d:CurrentFinancialInstruments 2024-04-30 05763528 d:CurrentFinancialInstruments 2023-04-30 05763528 d:Non-currentFinancialInstruments 2024-04-30 05763528 d:Non-currentFinancialInstruments 2023-04-30 05763528 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 05763528 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 05763528 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 05763528 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 05763528 d:ShareCapital 2024-04-30 05763528 d:ShareCapital 2023-04-30 05763528 d:RetainedEarningsAccumulatedLosses 2024-04-30 05763528 d:RetainedEarningsAccumulatedLosses 2023-04-30 05763528 c:OrdinaryShareClass2 2023-05-01 2024-04-30 05763528 c:OrdinaryShareClass2 2024-04-30 05763528 c:OrdinaryShareClass2 2023-04-30 05763528 c:OrdinaryShareClass3 2023-05-01 2024-04-30 05763528 c:OrdinaryShareClass3 2024-04-30 05763528 c:OrdinaryShareClass3 2023-04-30 05763528 c:FRS102 2023-05-01 2024-04-30 05763528 c:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 05763528 c:FullAccounts 2023-05-01 2024-04-30 05763528 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05763528 d:WithinOneYear 2024-04-30 05763528 d:WithinOneYear 2023-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05763528










Smoke Control Solutions Limited








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 30 April 2024

 
Smoke Control Solutions Limited
 
  
Chartered Accountants' Report to the Board of Directors on the preparation of the Unaudited Statutory Financial Statements of Smoke Control Solutions Limited for the Year Ended 30 April 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Smoke Control Solutions Limited for the year ended 30 April 2024 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of Smoke Control Solutions Limited, as a body, in accordance with the terms of our engagement letter dated 22 July 2024Our work has been undertaken solely to prepare for your approval the financial statements of Smoke Control Solutions Limited  and state those matters that we have agreed to state to the Board of Directors of Smoke Control Solutions Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Smoke Control Solutions Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that Smoke Control Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Smoke Control Solutions Limited. You consider that Smoke Control Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Smoke Control 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 financial statements.

  



Kreston Reeves LLP
Chartered Accountants
Springfield House
Springfield Road
Horsham
West Sussex
RH12 2RG
4 September 2024
Page 1

 
Smoke Control Solutions Limited
Registered number: 05763528

Balance Sheet
As at 30 April 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
  
9,217
12,289

  
9,217
12,289

Current assets
  

Stocks
  
34,489
30,275

Debtors: amounts falling due within one year
 5 
871,653
871,506

Cash at bank and in hand
  
53,773
82,824

  
959,915
984,605

Creditors: amounts falling due within one year
 6 
(512,294)
(570,370)

Net current assets
  
 
 
447,621
 
 
414,235

Total assets less current liabilities
  
456,838
426,524

Creditors: amounts falling due after more than one year
 7 
(213,328)
(253,328)

  

Net assets
  
243,510
173,196


Capital and reserves
  

Called up share capital 
 8 
7
7

Profit and loss account
  
243,503
173,189

  
243,510
173,196


Page 2

 
Smoke Control Solutions Limited
Registered number: 05763528

Balance Sheet (continued)
As at 30 April 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




R W Arnott
Director
Date: 3 September 2024

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
Smoke Control Solutions Limited
 

 
Notes to the Financial Statements
For the Year Ended 30 April 2024

1.


General information

Smoke Control Solutions Limited is a private company, limited by shares and incorporated in England and Wales, registration number 05763528. The registered office address is Suite 12 Unit F2, Sussex Manor Business Park, Gatwick Road, Crawley, West Sussex, RH10 9NH.
The financial statements are presented in sterling and rounded to the nearest £1.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 4

 
Smoke Control Solutions Limited
 

 
Notes to the Financial Statements
For the Year Ended 30 April 2024

2.Accounting policies (continued)

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 5

 
Smoke Control Solutions Limited
 

 
Notes to the Financial Statements
For the Year Ended 30 April 2024

2.Accounting policies (continued)

  
2.9

Factored debts

Factored debts are included on the balance sheet within debtors.  The proceeds received from the factor are included in liabilities.  Factoring charges are recognised as they accrue and are included as debt factoring charges.

 
2.10

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.11

Taxation

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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 9 (2023 - 12).


4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 May 2023
29,264



At 30 April 2024

29,264



Depreciation


At 1 May 2023
16,975


Charge for the year on owned assets
3,072



At 30 April 2024

20,047



Net book value



At 30 April 2024
9,217



At 30 April 2023
12,289

Page 6

 
Smoke Control Solutions Limited
 

 
Notes to the Financial Statements
For the Year Ended 30 April 2024

5.


Debtors

2024
2023
£
£


Trade debtors
645,546
695,370

Other debtors
83,637
96,758

Prepayments and accrued income
18,352
15,628

Amounts recoverable on long term contracts
124,118
63,750

871,653
871,506



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
40,000
40,000

Trade creditors
208,995
259,316

Corporation tax
21,324
21,793

Other taxation and social security
11,903
11,501

Other creditors
161,813
203,477

Accruals and deferred income
68,259
34,283

512,294
570,370



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
43,333
83,333

Other creditors
169,995
169,995

213,328
253,328


Page 7

 
Smoke Control Solutions Limited
 

 
Notes to the Financial Statements
For the Year Ended 30 April 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



467 (2023 - 467) Ordinary A shares of £0.01 each
5
5
200 (2023 - 200) Ordinary B shares of £0.01 each
2
2

7

7



9.


Commitments under operating leases

At 30 April 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
-
452

-
452


Page 8