QUALITY FIRE PROTECTION LTD

Company Registration Number:
04681914 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

QUALITY FIRE PROTECTION LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

QUALITY FIRE PROTECTION LTD

Company Information

for the Period Ended 29 February 2024




Director: Mr John Audoire
Registered office: 43
St. Johns Road
Hedge End
Southampton
England
SO30 4DQ
Company Registration Number: 04681914 (England and Wales)

QUALITY FIRE PROTECTION LTD

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal Activities

The company's principal activity during the period was continues to be general fire safety equipment maintenances and installations.

Company policy on the employment of disabled persons

The company policy is to employ disabled people wherever practical. One full-time member of staff is registered disabled.

Additional information

Mr John Audoire holds 100% of the issued share capital and is deemed ultimate controlling party.

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
Mr John Audoire

This report was approved by the board of directors on 6 November 2024
And Signed On Behalf Of The Board By:

Name: Mr John Audoire
Status: Director

QUALITY FIRE PROTECTION LTD

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 15,452 24,078
Total fixed assets: 15,452 24,078
Current assets
Stocks: 960 935
Debtors: 6 20,017 17,323
Cash at bank and in hand: 56,491 45,256
Total current assets: 77,468 63,514
Creditors: amounts falling due within one year: 7 ( 29,698 ) ( 31,185 )
Net current assets (liabilities): 47,770 32,329
Total assets less current liabilities: 63,222 56,407
Total net assets (liabilities): 63,222 56,407

The notes form part of these financial statements

QUALITY FIRE PROTECTION LTD

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1,700 1,700
Profit and loss account: 61,522 54,707
Shareholders funds: 63,222 56,407

For the year ending 29 February 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 6 November 2024
And Signed On Behalf Of The Board By:

Name: Mr John Audoire
Status: Director

The notes form part of these financial statements

QUALITY FIRE PROTECTION LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation is calculated to write of the cost of tangible fixed assets by annual instalments over their estimated useful lives based on the net
    book value of assets owned at the beginning of the year and the cost of assets acquired during the year as follows:-
    Motor vehicles: 20% Reducing balance
    Office Equipment: 33% Reducing balance
    Fixtures & Fittings: 15% Reducing balance
    Plat & Machinery: 25% Reducing balance

    Valuation information and policy

    Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
    items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

QUALITY FIRE PROTECTION LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 3

QUALITY FIRE PROTECTION LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

QUALITY FIRE PROTECTION LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Dividends


2024
£

2023
£
Dividends paid 30,000 28,050

QUALITY FIRE PROTECTION LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Tangible assets

Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 March 2023 1,570 3,828 35,970 41,368
Additions - 267 - 267
Disposals - - ( 17,150 ) ( 17,150 )
Revaluations - - - -
Transfers - - - -
At 29 February 2024 1,570 4,095 18,820 24,485
Depreciation
At 01 March 2023 1,341 2,383 13,566 17,290
Charge for year 57 484 3,916 4,457
On disposals - - ( 12,714 ) ( 12,714 )
Other adjustments - - - -
At 29 February 2024 1,398 2,867 4,768 9,033
Net book value
At 29 February 2024 172 1,228 14,052 15,452
At 28 February 2023 229 1,445 22,404 24,078

QUALITY FIRE PROTECTION LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

6. Debtors


2024
£

2023
£
Trade debtors 19,590 16,933
Prepayments and accrued income 427 390
Total 20,017 17,323

QUALITY FIRE PROTECTION LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 1,402 126
Taxation and social security 12,786 10,059
Accruals and deferred income 1,495 0
Other creditors 14,015 21,000
Total 29,698 31,185