Registered number
08192438
Activate Fire Safety Limited
Unaudited Filleted Accounts
31 August 2024
Activate Fire Safety Limited
Registered number: 08192438
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - 692
Current assets
Debtors 4 1,428 1,505
Cash at bank and in hand 7,581 11,583
9,009 13,088
Creditors: amounts falling due within one year 5 (10,475) (11,937)
Net current (liabilities)/assets (1,466) 1,151
Net (liabilities)/assets (1,466) 1,843
Capital and reserves
Called up share capital 100 100
Profit and loss account (1,566) 1,743
Shareholders' funds (1,466) 1,843
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr S Oliver
Director
Approved by the board on 1 October 2024
Activate Fire Safety Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2023 4,328
Disposals (4,328)
At 31 August 2024 -
Depreciation
At 1 September 2023 3,636
On disposals (3,636)
At 31 August 2024 -
Net book value
At 31 August 2024 -
At 31 August 2023 692
4 Debtors 2024 2023
£ £
Trade debtors 650 1,505
Other debtors 778 -
1,428 1,505
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs - 1,380
Other creditors 10,475 10,557
10,475 11,937
6 Other information
Activate Fire Safety Limited is a private company limited by shares and incorporated in England. Its registered office is:
22 Hayward Avenue
St. Georges
Telford
Shropshire
TF2 9EU
Activate Fire Safety Limited 08192438 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts July 2024 Mr S Oliver No description of principal activity 08192438 2022-09-01 2023-08-31 08192438 core:WithinOneYear 2023-08-31 08192438 core:ShareCapital 2023-08-31 08192438 core:RetainedEarningsAccumulatedLosses 2023-08-31 08192438 2023-09-01 2024-08-31 08192438 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08192438 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 08192438 bus:Director40 2023-09-01 2024-08-31 08192438 1 2023-09-01 2024-08-31 08192438 2 2023-09-01 2024-08-31 08192438 core:PlantMachinery 2023-09-01 2024-08-31 08192438 countries:England 2023-09-01 2024-08-31 08192438 bus:FRS102 2023-09-01 2024-08-31 08192438 bus:FilletedAccounts 2023-09-01 2024-08-31 08192438 2024-08-31 08192438 core:WithinOneYear 2024-08-31 08192438 core:ShareCapital 2024-08-31 08192438 core:RetainedEarningsAccumulatedLosses 2024-08-31 08192438 core:PlantMachinery 2024-08-31 08192438 2023-08-31 08192438 core:PlantMachinery 2023-08-31 iso4217:GBP xbrli:pure