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REGISTERED NUMBER: 08065761 (England and Wales)















Unaudited Financial Statements

for the Period 1 June 2023 to 31 January 2024

for

Ignis Fire Protection Services Limited

Ignis Fire Protection Services Limited (Registered number: 08065761)






Contents of the Financial Statements
for the Period 1 June 2023 to 31 January 2024




Page

Chartered Accountants' Report 1

Balance Sheet 2

Notes to the Financial Statements 4


Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Ignis Fire Protection Services Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ignis Fire Protection Services Limited for the period ended 31 January 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ignis Fire Protection Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ignis Fire Protection Services Limited and state those matters that we have agreed to state to the Board of Directors of Ignis Fire Protection Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ignis Fire Protection Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ignis Fire Protection Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ignis Fire Protection Services Limited. You consider that Ignis Fire Protection Services Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Ignis Fire Protection Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Haggards Crowther LLP
Chartered Accountants
2nd Floor, Heathmans House
19 Heathmans Road
London
SW6 4TJ


31 October 2024

Ignis Fire Protection Services Limited (Registered number: 08065761)

Balance Sheet
31 January 2024

31.1.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 122,381 136,565

CURRENT ASSETS
Debtors 5 686,930 334,745
Cash at bank 407,879 517,130
1,094,809 851,875
CREDITORS
Amounts falling due within one year 6 418,721 275,028
NET CURRENT ASSETS 676,088 576,847
TOTAL ASSETS LESS CURRENT
LIABILITIES

798,469

713,412

PROVISIONS FOR LIABILITIES 7 30,595 16,703
NET ASSETS 767,874 696,709

CAPITAL AND RESERVES
Called up share capital 1,000 2
Retained earnings 8 766,874 696,707
767,874 696,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 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.

Ignis Fire Protection Services Limited (Registered number: 08065761)

Balance Sheet - continued
31 January 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 31 October 2024 and were signed on its behalf by:





Mr D Lee - Director


Ignis Fire Protection Services Limited (Registered number: 08065761)

Notes to the Financial Statements
for the Period 1 June 2023 to 31 January 2024

1. STATUTORY INFORMATION

Ignis Fire Protection Services Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 08065761 and its registered address is Avon House 435 Stratford Road, Shirley, Solihull, West Midlands, B90 4AA.

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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of the directors there are no judgements or key sources of estimation uncertainty that affect the preparation of the financial statements.

Turnover
Turnover is stated net of VAT. Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date, turnover represents the value of the services provided to date based on a proportion of the total contract value. Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the period 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.


Ignis Fire Protection Services Limited (Registered number: 08065761)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 31 January 2024

2. ACCOUNTING POLICIES - continued
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 period 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to the Income Statement over the relevant period. The capital element of the future payments is treated as a liability.
Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company makes payments to a defined contribution pension scheme. Contributions payable to
the pension scheme are charged to the Income Statement in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 12 (2023 - 12 ) .

Ignis Fire Protection Services Limited (Registered number: 08065761)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 31 January 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 June 2023 48,392 7,600 13,938
Additions - - 1,814
At 31 January 2024 48,392 7,600 15,752
DEPRECIATION
At 1 June 2023 1,043 - 6,455
Charge for period 646 - 907
At 31 January 2024 1,689 - 7,362
NET BOOK VALUE
At 31 January 2024 46,703 7,600 8,390
At 31 May 2023 47,349 7,600 7,483

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2023 130,308 13,939 214,177
Additions - - 1,814
At 31 January 2024 130,308 13,939 215,991
DEPRECIATION
At 1 June 2023 54,435 15,679 77,612
Charge for period 12,646 1,799 15,998
At 31 January 2024 67,081 17,478 93,610
NET BOOK VALUE
At 31 January 2024 63,227 (3,539 ) 122,381
At 31 May 2023 75,873 (1,740 ) 136,565

Motor Vehicles with a cost of £48,687 and purchased under the hire purchase agreement, were purchased outright during the period.

Ignis Fire Protection Services Limited (Registered number: 08065761)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 31 January 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.5.23
£    £   
Trade debtors 315,892 320,659
Other debtors 371,038 14,086
686,930 334,745

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.5.23
£    £   
Hire purchase contracts - 23,213
Trade creditors 88,741 66,468
Taxation and social security 233,817 176,600
Other creditors 96,163 8,747
418,721 275,028

7. PROVISIONS FOR LIABILITIES
31.1.24 31.5.23
£    £   
Deferred tax 30,595 16,703

Deferred
tax
£   
Balance at 1 June 2023 16,703
Provided during period 13,892
Balance at 31 January 2024 30,595

8. RESERVES
Retained
earnings
£   

At 1 June 2023 696,707
Profit for the period 140,167
Dividends (70,000 )
At 31 January 2024 766,874

Ignis Fire Protection Services Limited (Registered number: 08065761)

Notes to the Financial Statements - continued
for the Period 1 June 2023 to 31 January 2024

9. RELATED PARTY DISCLOSURES

Included in Other Debtors are the following loans, both repayable on demand,
- An interest free loan of £360,683 (2023: £nil) made during the year to Ranger Services Holdings Ltd, the parent of the comany's immediate parent company.
- An interest free loan of £1,023 (2023: £1,023) to Ignis Fire Protection Group Limited, the company's immediate parent company.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is Hyperion Equity Partners Holdings I Limited, a company incorporated in England and Wales.