RESIDENTIAL FIRE PROTECTION LIMITED

Company Registration Number:
10244200 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

RESIDENTIAL FIRE PROTECTION LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

RESIDENTIAL FIRE PROTECTION LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 115,946 109,536
Investments: 4 300,000 300,000
Total fixed assets: 415,946 409,536
Current assets
Stocks: 40,000 0
Debtors:   347,424 281,167
Cash at bank and in hand: 35,339 45,191
Total current assets: 422,763 326,358
Creditors: amounts falling due within one year: 5 (265,798) (249,657)
Net current assets (liabilities): 156,965 76,701
Total assets less current liabilities: 572,911 486,237
Creditors: amounts falling due after more than one year: 6 (448,573) (338,987)
Total net assets (liabilities): 124,338 147,250
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 123,338 146,250
Shareholders funds: 124,338 147,250

The notes form part of these financial statements

RESIDENTIAL FIRE PROTECTION LIMITED

Balance sheet statements

For the year ending 30 June 2024 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 23 August 2024
and signed on behalf of the board by:

Name: Richard Haines
Status: Director

The notes form part of these financial statements

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

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

Tangible fixed assets and depreciation policy

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Motor Vehicles 20% p.a. on a reducing balance basis Fixtures & Fittings 20% p.a. on a reducing balance basis Computer Equipment 25% p.a. on cost

Other accounting policies

Pension Costs The Company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due. Inventories Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress cost includes a relevant proportion of overheads according to the stage of completion.

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 10 15

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 157,839
Additions 35,547
At 30 June 2024 193,386
Depreciation
At 01 July 2023 48,303
Charge for year 29,137
At 30 June 2024 77,440
Net book value
At 30 June 2024 115,946
At 30 June 2023 109,536

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Fixed investments

On 6 April 2021 the Company acquired 100 Ordinary Shares of One Pound each, which represents 100% of the voting capital of Axiom Pipe Services Limited, a private company registered in England for £300,000.

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

Obligations under hire purchase contracts 33,757 Taxes & social security 96,208 Other creditors 3,133 Directors' Loans 124,000 Accruals 8,700

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due after more than one year note

Obligations under hire purchase contracts 67,640 Directors' Loans 380,933

RESIDENTIAL FIRE PROTECTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

7. Loans to directors

An interest free loan of £475,000 was provided by Mr G Atkin on 6 April 2021. The terms of the loan are that it is interest free and repayable in instalments over five years.