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REGISTERED NUMBER: 06081193 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

FIREGUARD LIMITED

FIREGUARD LIMITED (REGISTERED NUMBER: 06081193)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FIREGUARD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: M R Wall
C Wall





REGISTERED OFFICE: 20 Campion Drive
Swinton
Mexborough
South Yorkshire
S64 8QZ





REGISTERED NUMBER: 06081193 (England and Wales)





ACCOUNTANTS: Drury & Co
Accountants & Business Advisors
21 Hollowgate
Rotherham
South Yorkshire
S60 2LE

FIREGUARD LIMITED (REGISTERED NUMBER: 06081193)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 447,563 368,404
447,563 368,404

CURRENT ASSETS
Stocks 6 60,211 57,252
Debtors 7 353,862 259,795
Cash at bank and in hand 289,871 336,334
703,944 653,381
CREDITORS
Amounts falling due within one year 8 309,585 272,108
NET CURRENT ASSETS 394,359 381,273
TOTAL ASSETS LESS CURRENT
LIABILITIES

841,922

749,677

CREDITORS
Amounts falling due after more than one
year

9

165,643

151,436
NET ASSETS 676,279 598,241

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 676,277 598,239
SHAREHOLDERS' FUNDS 676,279 598,241

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

FIREGUARD LIMITED (REGISTERED NUMBER: 06081193)

BALANCE SHEET - continued
29 FEBRUARY 2024


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 Board of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by:





M R Wall - Director


FIREGUARD LIMITED (REGISTERED NUMBER: 06081193)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Fireguard Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 20% on cost and 15% on reducing balance
Motor vehicles - 25% on reducing balance

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.

FIREGUARD LIMITED (REGISTERED NUMBER: 06081193)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 80,000
AMORTISATION
At 1 March 2023
and 29 February 2024 80,000
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 March 2023 303,229 2,623 48,405 132,775 487,032
Additions 43,014 - 2,510 76,524 122,048
At 29 February 2024 346,243 2,623 50,915 209,299 609,080
DEPRECIATION
At 1 March 2023 11,726 2,394 20,941 83,567 118,628
Charge for year 6,925 35 4,496 31,433 42,889
At 29 February 2024 18,651 2,429 25,437 115,000 161,517
NET BOOK VALUE
At 29 February 2024 327,592 194 25,478 94,299 447,563
At 28 February 2023 291,503 229 27,464 49,208 368,404

6. STOCKS
2024 2023
£    £   
Finished goods 60,211 57,252

FIREGUARD LIMITED (REGISTERED NUMBER: 06081193)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 324,779 230,712
Amounts owed by participating interests 29,083 29,083
353,862 259,795

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 19,777 20,382
Finance leases 19,896 11,227
Trade creditors 64,908 64,233
Amounts owed to participating interests 111,213 78,226
Taxation and social security 71,336 91,585
Other creditors 22,455 6,455
309,585 272,108

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 102,305 125,441
Finance leases 63,338 25,995
165,643 151,436

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the reporting date, the company was indebted to the directors in the sum of £19,405 (2023: £3,405).

There are no formal repayment terms attached to this loan and interest is not being charged.