1 March 2023 false No description of principal activity Taxfiler 2024.5 NI629547business:PrivateLimitedCompanyLtd2023-03-012024-02-28 NI6295472023-02-28 NI6295472023-03-012024-02-28 NI629547business:AuditExemptWithAccountantsReport2023-03-012024-02-28 NI629547business:FilletedAccounts2023-03-012024-02-28 NI6295472024-02-28 NI629547business:Director12023-03-012024-02-28 NI629547business:Director22023-03-012024-02-28 NI629547business:RegisteredOffice2023-03-012024-02-28 NI6295472023-02-28 NI629547core:WithinOneYear2024-02-28 NI629547core:WithinOneYear2023-02-28 NI629547core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 NI629547core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 NI629547core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 NI629547core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 NI629547core:PreviouslyStatedAmount2024-02-28 NI629547core:PreviouslyStatedAmount2023-02-28 NI629547business:SmallEntities2023-03-012024-02-28 NI629547countries:NorthernIreland2023-03-012024-02-28 NI629547core:PlantMachinery2023-03-012024-02-28 NI629547core:ComputerEquipment2023-03-012024-02-28 NI629547core:IntangibleAssetsOtherThanGoodwill2023-02-28 NI629547core:IntangibleAssetsOtherThanGoodwill2024-02-28 NI629547core:PlantMachinery2023-02-28 NI629547core:ComputerEquipment2023-02-28 NI629547core:PlantMachinery2024-02-28 NI629547core:ComputerEquipment2024-02-28 NI6295472022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. NI629547 (Northern Ireland)
Fire Engineering Ltd Unaudited accounts for the period from 1 March 2023 to 28 February 2024
Fire Engineering Ltd Unaudited accounts Contents
Page
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Fire Engineering Ltd Company Information for the period from 1 March 2023 to 28 February 2024
Directors
Spencer Allen Jamie Freeman
Company Number
NI629547 (Northern Ireland)
Registered Office
Office 12 Enterprise Causeway 17 Sandel Village, Knocklynn Coleraine County Londonderry BT52 1WW Northern Ireland
Accountants
Satori Accounting 11 Orchard Business Park Pennyburn Industrial Estate Derry Northern Ireland BT48 0LU
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Fire Engineering Ltd Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,881 
4,166 
Current assets
Debtors
71,035 
23,523 
Cash at bank and in hand
55,729 
24,556 
126,764 
48,079 
Creditors: amounts falling due within one year
(49,613)
(27,926)
Net current assets
77,151 
20,153 
Total assets less current liabilities
86,032 
24,319 
Provisions for liabilities
Deferred tax
(2,111)
(792)
Net assets
83,921 
23,527 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
83,821 
23,427 
Shareholders' funds
83,921 
23,527 
For the period ending 28 February 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by
Spencer Allen Director Company Registration No. NI629547
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Fire Engineering Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
Fire Engineering Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI629547. The registered office is Office 12 Enterprise Causeway, 17 Sandel Village, Knocklynn, Coleraine, County Londonderry, BT52 1WW, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
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:
Plant & machinery
20% reducing balance
Computer equipment
33% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is written off to the Income Statement over its useful life which is estimated at 5 years.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Fire Engineering Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 March 2023
11,000 
At 28 February 2024
11,000 
Amortisation
At 1 March 2023
11,000 
At 28 February 2024
11,000 
Net book value
At 28 February 2024
- 
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
6,142 
4,239 
10,381 
Additions
- 
7,082 
7,082 
At 28 February 2024
6,142 
11,321 
17,463 
Depreciation
At 1 March 2023
4,524 
1,691 
6,215 
Charge for the period
324 
2,043 
2,367 
At 28 February 2024
4,848 
3,734 
8,582 
Net book value
At 28 February 2024
1,294 
7,587 
8,881 
At 28 February 2023
1,618 
2,548 
4,166 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,347 
- 
Trade debtors
35,032 
17,053 
Accrued income and prepayments
33,656 
6,470 
71,035 
23,523 
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Fire Engineering Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
1,213 
Trade creditors
528 
120 
Taxes and social security
49,085 
21,916 
Loans from directors
- 
3,900 
Accruals
- 
777 
49,613 
27,926 
8
Transactions with related parties
During the year, a total of £ 3,900 was repaid to the directors. This is disclosed at note 7.
9
Average number of employees
During the period the average number of employees was 7 (2023: 2).
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