Firecert Ltd NI602776 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is provision of consultancy services to the construction industry Digita Accounts Production Advanced 6.30.9574.0 true true NI602776 2023-01-01 2023-12-31 NI602776 2023-12-31 NI602776 bus:OrdinaryShareClass1 2023-12-31 NI602776 core:CurrentFinancialInstruments 2023-12-31 NI602776 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 NI602776 core:Non-currentFinancialInstruments core:AfterOneYear 2023-12-31 NI602776 core:FurnitureFittingsToolsEquipment 2023-12-31 NI602776 bus:SmallEntities 2023-01-01 2023-12-31 NI602776 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 NI602776 bus:FilletedAccounts 2023-01-01 2023-12-31 NI602776 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 NI602776 bus:RegisteredOffice 2023-01-01 2023-12-31 NI602776 bus:Director1 2023-01-01 2023-12-31 NI602776 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 NI602776 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 NI602776 core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 NI602776 core:OfficeEquipment 2023-01-01 2023-12-31 NI602776 countries:NorthernIreland 2023-01-01 2023-12-31 NI602776 2022-12-31 NI602776 core:FurnitureFittingsToolsEquipment 2022-12-31 NI602776 2022-01-01 2022-12-31 NI602776 2022-12-31 NI602776 bus:OrdinaryShareClass1 2022-12-31 NI602776 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 NI602776 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2022-12-31 NI602776 core:CurrentFinancialInstruments core:PreviouslyStatedAmount 2022-12-31 NI602776 core:Non-currentFinancialInstruments core:AfterOneYear core:PreviouslyStatedAmount 2022-12-31 NI602776 core:FurnitureFittingsToolsEquipment 2022-12-31 NI602776 core:PreviouslyStatedAmount 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: NI602776

Firecert Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Firecert Ltd

(Registration number: NI602776)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

254

317

Current assets

 

Work in progress

5

9,000

7,000

Debtors

6

-

2,363

Cash at bank and in hand

 

14

6

 

9,014

9,369

Creditors: Amounts falling due within one year

7

(323)

(564)

Net current assets

 

8,691

8,805

Total assets less current liabilities

 

8,945

9,122

Creditors: Amounts falling due after more than one year

7

(15,236)

(15,236)

Net liabilities

 

(6,291)

(6,114)

Capital and reserves

 

Called up share capital

8

2

2

Retained earnings

(6,293)

(6,116)

Shareholders' deficit

 

(6,291)

(6,114)

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

 

Firecert Ltd

(Registration number: NI602776)
Balance Sheet as at 31 December 2023

Approved and authorised by the director on 25 September 2024
 

.........................................
Mr Niall McCamphill
Director

 

Firecert Ltd

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

1

General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is: 83 Galdanagh Road, Dunloy, Ballymena, Co. Antrim, BT44 9ED.

These financial statements were authorised for issue by the director on 25 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the Company's activities.

Tax

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

 

Firecert Ltd

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in operating expenses.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Firecert Ltd

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

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2022 - 2).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 January 2023

2,481

2,481

At 31 December 2023

2,481

2,481

Depreciation

At 1 January 2023

2,164

2,164

Charge for the year

63

63

At 31 December 2023

2,227

2,227

Carrying amount

At 31 December 2023

254

254

At 31 December 2022

317

317

 

Firecert Ltd

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

5

Stocks

2023
£

2022
£

Work in progress

9,000

7,000

6

Debtors

Current

2023
£

2022
£

Other debtors

-

2,363

 

-

2,363

7

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Other creditors

323

564

8

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary of £1 each

2

2

2

2