2023-08-012024-07-312024-07-31false03910125FIRELINE LIMITED2024-09-2647990iso4217:GBPxbrli:pure039101252023-08-01039101252024-07-31039101252023-08-012024-07-31039101252022-08-01039101252023-07-31039101252022-08-012023-07-3103910125bus:SmallEntities2023-08-012024-07-3103910125bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3103910125bus:FullAccounts2023-08-012024-07-3103910125bus:PrivateLimitedCompanyLtd2023-08-012024-07-3103910125core:WithinOneYear2024-07-3103910125core:AfterOneYear2024-07-3103910125core:WithinOneYear2023-07-3103910125core:AfterOneYear2023-07-3103910125core:ShareCapital2024-07-3103910125core:SharePremium2024-07-3103910125core:RevaluationReserve2024-07-3103910125core:OtherReservesSubtotal2024-07-3103910125core:RetainedEarningsAccumulatedLosses2024-07-3103910125core:ShareCapital2023-07-3103910125core:SharePremium2023-07-3103910125core:RevaluationReserve2023-07-3103910125core:OtherReservesSubtotal2023-07-3103910125core:RetainedEarningsAccumulatedLosses2023-07-3103910125core:LandBuildings2024-07-3103910125core:PlantMachinery2024-07-3103910125core:Vehicles2024-07-3103910125core:FurnitureFittings2024-07-3103910125core:OfficeEquipment2024-07-3103910125core:NetGoodwill2024-07-3103910125core:IntangibleAssetsOtherThanGoodwill2024-07-3103910125core:ListedExchangeTraded2024-07-3103910125core:UnlistedNon-exchangeTraded2024-07-3103910125core:LandBuildings2023-07-3103910125core:PlantMachinery2023-07-3103910125core:Vehicles2023-07-3103910125core:FurnitureFittings2023-07-3103910125core:OfficeEquipment2023-07-3103910125core:NetGoodwill2023-07-3103910125core:IntangibleAssetsOtherThanGoodwill2023-07-3103910125core:ListedExchangeTraded2023-07-3103910125core:UnlistedNon-exchangeTraded2023-07-3103910125core:LandBuildings2023-08-012024-07-3103910125core:PlantMachinery2023-08-012024-07-3103910125core:Vehicles2023-08-012024-07-3103910125core:FurnitureFittings2023-08-012024-07-3103910125core:OfficeEquipment2023-08-012024-07-3103910125core:NetGoodwill2023-08-012024-07-3103910125core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3103910125core:ListedExchangeTraded2023-08-012024-07-3103910125core:UnlistedNon-exchangeTraded2023-08-012024-07-3103910125core:MoreThanFiveYears2023-08-012024-07-3103910125core:Non-currentFinancialInstruments2024-07-3103910125core:Non-currentFinancialInstruments2023-07-3103910125dpl:CostSales2023-08-012024-07-3103910125dpl:DistributionCosts2023-08-012024-07-3103910125core:LandBuildings2023-08-012024-07-3103910125core:PlantMachinery2023-08-012024-07-3103910125core:Vehicles2023-08-012024-07-3103910125core:FurnitureFittings2023-08-012024-07-3103910125core:OfficeEquipment2023-08-012024-07-3103910125dpl:AdministrativeExpenses2023-08-012024-07-3103910125core:NetGoodwill2023-08-012024-07-3103910125core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3103910125dpl:GroupUndertakings2023-08-012024-07-3103910125dpl:ParticipatingInterests2023-08-012024-07-3103910125dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-012024-07-3103910125core:ListedExchangeTraded2023-08-012024-07-3103910125dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-012024-07-3103910125core:UnlistedNon-exchangeTraded2023-08-012024-07-3103910125dpl:CostSales2022-08-012023-07-3103910125dpl:DistributionCosts2022-08-012023-07-3103910125core:LandBuildings2022-08-012023-07-3103910125core:PlantMachinery2022-08-012023-07-3103910125core:Vehicles2022-08-012023-07-3103910125core:FurnitureFittings2022-08-012023-07-3103910125core:OfficeEquipment2022-08-012023-07-3103910125dpl:AdministrativeExpenses2022-08-012023-07-3103910125core:NetGoodwill2022-08-012023-07-3103910125core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3103910125dpl:GroupUndertakings2022-08-012023-07-3103910125dpl:ParticipatingInterests2022-08-012023-07-3103910125dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3103910125core:ListedExchangeTraded2022-08-012023-07-3103910125dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3103910125core:UnlistedNon-exchangeTraded2022-08-012023-07-3103910125core:NetGoodwill2024-07-3103910125core:IntangibleAssetsOtherThanGoodwill2024-07-3103910125core:LandBuildings2024-07-3103910125core:PlantMachinery2024-07-3103910125core:Vehicles2024-07-3103910125core:FurnitureFittings2024-07-3103910125core:OfficeEquipment2024-07-3103910125core:AfterOneYear2024-07-3103910125core:WithinOneYear2024-07-3103910125core:ListedExchangeTraded2024-07-3103910125core:UnlistedNon-exchangeTraded2024-07-3103910125core:ShareCapital2024-07-3103910125core:SharePremium2024-07-3103910125core:RevaluationReserve2024-07-3103910125core:OtherReservesSubtotal2024-07-3103910125core:RetainedEarningsAccumulatedLosses2024-07-3103910125core:NetGoodwill2023-07-3103910125core:IntangibleAssetsOtherThanGoodwill2023-07-3103910125core:LandBuildings2023-07-3103910125core:PlantMachinery2023-07-3103910125core:Vehicles2023-07-3103910125core:FurnitureFittings2023-07-3103910125core:OfficeEquipment2023-07-3103910125core:AfterOneYear2023-07-3103910125core:WithinOneYear2023-07-3103910125core:ListedExchangeTraded2023-07-3103910125core:UnlistedNon-exchangeTraded2023-07-3103910125core:ShareCapital2023-07-3103910125core:SharePremium2023-07-3103910125core:RevaluationReserve2023-07-3103910125core:OtherReservesSubtotal2023-07-3103910125core:RetainedEarningsAccumulatedLosses2023-07-3103910125core:NetGoodwill2022-08-0103910125core:IntangibleAssetsOtherThanGoodwill2022-08-0103910125core:LandBuildings2022-08-0103910125core:PlantMachinery2022-08-0103910125core:Vehicles2022-08-0103910125core:FurnitureFittings2022-08-0103910125core:OfficeEquipment2022-08-0103910125core:AfterOneYear2022-08-0103910125core:WithinOneYear2022-08-0103910125core:ListedExchangeTraded2022-08-0103910125core:UnlistedNon-exchangeTraded2022-08-0103910125core:ShareCapital2022-08-0103910125core:SharePremium2022-08-0103910125core:RevaluationReserve2022-08-0103910125core:OtherReservesSubtotal2022-08-0103910125core:RetainedEarningsAccumulatedLosses2022-08-0103910125core:AfterOneYear2023-08-012024-07-3103910125core:WithinOneYear2023-08-012024-07-3103910125core:Non-currentFinancialInstrumentscore:CostValuation2023-08-012024-07-3103910125core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-012024-07-3103910125core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-012024-07-3103910125core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-012024-07-3103910125core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-012024-07-3103910125core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-012024-07-3103910125core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3103910125core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3103910125core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3103910125core:Non-currentFinancialInstrumentscore:CostValuation2024-07-3103910125core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-07-3103910125core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-07-3103910125core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-07-3103910125core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-07-3103910125core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-07-3103910125core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-07-3103910125core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-07-3103910125core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-07-3103910125core:Non-currentFinancialInstrumentscore:CostValuation2023-07-3103910125core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-3103910125core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-3103910125core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-3103910125core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-3103910125core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-3103910125core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-3103910125core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-3103910125core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-3103910125bus:Director12023-08-012024-07-3103910125core:FurnitureFittingsToolsEquipment2023-07-3103910125core:FurnitureFittingsToolsEquipment2023-08-012024-07-3103910125core:FurnitureFittingsToolsEquipment2024-07-31

FIRELINE LIMITED

Registered Number
03910125
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

FIRELINE LIMITED
Company Information
for the year from 1 August 2023 to 31 July 2024

Director

ENGLEBRIGHT, Adrian

Company Secretary

HOWELL, Sarah Jane

Registered Address

Unit 29 Glenmore Business Park
Wend-Al Road
Blandford Forum
DT11 7FP

Registered Number

03910125 (England and Wales)
FIRELINE LIMITED
Balance Sheet as at
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets3101,635117,800
Tangible assets4317,689307,769
Investments522
419,326425,571
Current assets
Stocks7,5006,500
Debtors117,296112,127
Cash at bank and on hand200,724247,544
325,520366,171
Creditors amounts falling due within one year6(278,872)(288,091)
Net current assets (liabilities)46,64878,080
Total assets less current liabilities465,974503,651
Creditors amounts falling due after one year7(88,082)(112,577)
Provisions for liabilities9(30,887)(28,407)
Net assets347,005362,667
Capital and reserves
Called up share capital22
Profit and loss account347,003362,665
Shareholders' funds347,005362,667
The financial statements were approved and authorised for issue by the Director on 26 September 2024, and are signed on its behalf by:
ENGLEBRIGHT, Adrian
Director
Registered Company No. 03910125
FIRELINE LIMITED
Notes to the Financial Statements
for the year ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
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).
Revenue from sale of goods
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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
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.
Intangible assets
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years. Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Goodwill - 10% straight line If there is an indication that there has been significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect new estimates.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Vehicles25
Office Equipment15
Investments
Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year1314
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 August 23293,069293,069
At 31 July 24293,069293,069
Amortisation and impairment
At 01 August 23175,269175,269
Charge for year16,16516,165
At 31 July 24191,434191,434
Net book value
At 31 July 24101,635101,635
At 31 July 23117,800117,800
4.Tangible fixed assets

Land & buildings

Vehicles

Fixtures & fittings

Total

££££
Cost or valuation
At 01 August 23220,830161,38943,390425,609
Additions-61,6304,79966,429
Disposals-(38,785)(28,714)(67,499)
At 31 July 24220,830184,23419,475424,539
Depreciation and impairment
At 01 August 23-89,79628,044117,840
Charge for year-28,0292,26530,294
On disposals-(17,667)(23,617)(41,284)
At 31 July 24-100,1586,692106,850
Net book value
At 31 July 24220,83084,07612,783317,689
At 31 July 23220,83071,59315,346307,769
5.Fixed asset investments

Other investments1

Total

££
Cost or valuation
At 01 August 2322
At 31 July 2422
Net book value
At 31 July 2422
At 31 July 2322

Notes

1Other investments other than loans
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables51,46261,617
Bank borrowings and overdrafts19,70818,954
Taxation and social security109,625113,872
Finance lease and HP contracts28,99422,954
Other creditors47,99147,953
Accrued liabilities and deferred income21,09222,741
Total278,872288,091
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.
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts61,38681,094
Other creditors26,69631,483
Total88,082112,577
Included within creditors due after one year is an amount of £11,078 (2022 - £19,576) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date. The bank loan is repayable over 10 years at an effective interest rate of 4.8%. The bounce back loan is repayable over 10 years at an effective interest rate of 1.9%.
8.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts26,69631,484
9.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)30,88728,407
Total30,88728,407