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REGISTERED NUMBER: 06725060 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Firebird Reactive Targets Ltd

Firebird Reactive Targets Ltd (Registered number: 06725060)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Firebird Reactive Targets Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: T M Bryer





REGISTERED OFFICE: Draycot Aerodrome
Chiseldon
Swindon
Wiltshire
SN4 0HX





REGISTERED NUMBER: 06725060 (England and Wales)





ACCOUNTANTS: PPS Chartered Accountants
29 Devizes Road
Swindon
Wiltshire
SN1 4BG

Firebird Reactive Targets Ltd (Registered number: 06725060)

Balance Sheet
31 December 2023

31.12.23 31.12.22
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 37,113 29,051

CURRENT ASSETS
Stocks 8,500 -
Debtors 5 4,934 -
Cash at bank 12,148 29,485
25,582 29,485
CREDITORS
Amounts falling due within one year 6 42,802 43,154
NET CURRENT LIABILITIES (17,220 ) (13,669 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,893

15,382

PROVISIONS FOR LIABILITIES 7,051 -
NET ASSETS 12,842 15,382

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 7 11,842 14,382
12,842 15,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Firebird Reactive Targets Ltd (Registered number: 06725060)

Balance Sheet - continued
31 December 2023


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 19 September 2024 and were signed by:





T M Bryer - Director


Firebird Reactive Targets Ltd (Registered number: 06725060)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Firebird Reactive Targets 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.

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 each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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 year was NIL (2022 - NIL).

Firebird Reactive Targets Ltd (Registered number: 06725060)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2023 52,093
Additions 23,900
At 31 December 2023 75,993
DEPRECIATION
At 1 January 2023 23,042
Charge for year 15,838
At 31 December 2023 38,880
NET BOOK VALUE
At 31 December 2023 37,113
At 31 December 2022 29,051

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
as restated
£ £
Trade debtors 3,552 -
Other debtors 1,382 -
4,934 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
as restated
£ £
Trade creditors 2,745 -
Taxation and social security - 720
Other creditors 40,057 42,434
42,802 43,154

7. RESERVES
Retained
earnings
£

At 1 January 2023 (343,221 )
Prior year adjustment 357,603
14,382
Deficit for the year (2,540 )
At 31 December 2023 11,842

Firebird Reactive Targets Ltd (Registered number: 06725060)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T M Bryer.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Firebird Reactive Targets Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Firebird Reactive Targets Ltd for the year ended 31 December 2023 which comprise the Income Statement, 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Firebird Reactive Targets Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Firebird Reactive Targets Ltd and state those matters that we have agreed to state to the director of Firebird Reactive Targets Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Firebird Reactive Targets Ltd and its director for our work or for this report.

It is your duty to ensure that Firebird Reactive Targets Ltd 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 loss of Firebird Reactive Targets Ltd. You consider that Firebird Reactive Targets Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Firebird Reactive Targets Ltd. 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.






PPS Chartered Accountants
29 Devizes Road
Swindon
Wiltshire
SN1 4BG


19 September 2024