IRIS Accounts Production v24.3.0.553 08411366 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 27964 31749 22313 38221 3785 12056 27964 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084113662023-02-28084113662024-02-29084113662023-03-012024-02-29084113662022-02-28084113662022-03-012023-02-28084113662023-02-2808411366ns15:EnglandWales2023-03-012024-02-2908411366ns14:PoundSterling2023-03-012024-02-2908411366ns10:Director12023-03-012024-02-2908411366ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2908411366ns10:SmallEntities2023-03-012024-02-2908411366ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2908411366ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2908411366ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2908411366ns10:FullAccounts2023-03-012024-02-2908411366ns10:OrdinaryShareClass12023-03-012024-02-290841136641ns10:Director12023-02-280841136641ns10:Director12022-02-280841136641ns10:Director12023-03-012024-02-290841136641ns10:Director12022-03-012023-02-280841136641ns10:Director12024-02-290841136641ns10:Director12023-02-2808411366ns10:Director22023-03-012024-02-2908411366ns10:RegisteredOffice2023-03-012024-02-2908411366ns5:CurrentFinancialInstruments2024-02-2908411366ns5:CurrentFinancialInstruments2023-02-2808411366ns5:Non-currentFinancialInstruments2024-02-2908411366ns5:Non-currentFinancialInstruments2023-02-2808411366ns5:ShareCapital2024-02-2908411366ns5:ShareCapital2023-02-2808411366ns5:RetainedEarningsAccumulatedLosses2024-02-2908411366ns5:RetainedEarningsAccumulatedLosses2023-02-2808411366ns5:PlantMachinery2023-03-012024-02-2908411366ns5:FurnitureFittings2023-03-012024-02-2908411366ns5:MotorVehicles2023-03-012024-02-2908411366ns5:PlantMachinery2023-02-2808411366ns5:FurnitureFittings2023-02-2808411366ns5:MotorVehicles2023-02-2808411366ns5:ComputerEquipment2023-02-2808411366ns5:ComputerEquipment2023-03-012024-02-2908411366ns5:PlantMachinery2024-02-2908411366ns5:FurnitureFittings2024-02-2908411366ns5:MotorVehicles2024-02-2908411366ns5:ComputerEquipment2024-02-2908411366ns5:PlantMachinery2023-02-2808411366ns5:FurnitureFittings2023-02-2808411366ns5:MotorVehicles2023-02-2808411366ns5:ComputerEquipment2023-02-2808411366ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-02-2808411366ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-012024-02-2908411366ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-02-2908411366ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-02-2808411366ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2908411366ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2808411366ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-02-2908411366ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-02-2808411366ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-02-2908411366ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-02-2808411366ns5:Secured2024-02-2908411366ns5:Secured2023-02-2808411366ns10:OrdinaryShareClass12024-02-2908411366ns10:Director222023-02-2808411366ns10:Director222022-02-2808411366ns10:Director222023-03-012024-02-2908411366ns10:Director222022-03-012023-02-2808411366ns10:Director222024-02-2908411366ns10:Director222023-02-28
REGISTERED NUMBER: 08411366 (England and Wales)












Financial Statements

for the Year Ended 29th February 2024

for

FIRECHECK SPRINKLERS LIMITED

FIRECHECK SPRINKLERS LIMITED (REGISTERED NUMBER: 08411366)

Contents of the Financial Statements
for the year ended 29th February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FIRECHECK SPRINKLERS LIMITED

Company Information
for the year ended 29th February 2024







DIRECTORS: M R Dunbar
Miss N Hawkins





REGISTERED OFFICE: 1 Tower House
Tower Centre
Hoddesdon
Hertfordshire
EN11 8UR





REGISTERED NUMBER: 08411366 (England and Wales)





ACCOUNTANTS: Attenboroughs (Accountants) Limited
Chartered Certified Accountants
1 Tower House
Tower Centre
Hoddesdon
Hertfordshire
EN11 8UR

FIRECHECK SPRINKLERS LIMITED (REGISTERED NUMBER: 08411366)

Balance Sheet
29th February 2024

29/2/24 28/2/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,811 4,989

CURRENT ASSETS
Debtors 5 47,187 64,577

CREDITORS
Amounts falling due within one year 6 41,610 48,819
NET CURRENT ASSETS 5,577 15,758
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,388

20,747

CREDITORS
Amounts falling due after more than one year 7 (9,333 ) (17,444 )

PROVISIONS FOR LIABILITIES (914 ) (948 )
NET ASSETS 141 2,355

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 41 2,255
SHAREHOLDERS' FUNDS 141 2,355

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 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.

FIRECHECK SPRINKLERS LIMITED (REGISTERED NUMBER: 08411366)

Balance Sheet - continued
29th February 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 28th November 2024 and were signed on its behalf by:





Miss N Hawkins - Director


FIRECHECK SPRINKLERS LIMITED (REGISTERED NUMBER: 08411366)

Notes to the Financial Statements
for the year ended 29th February 2024


1. STATUTORY INFORMATION

FIRECHECK SPRINKLERS LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year 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.

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 year 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 profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

FIRECHECK SPRINKLERS LIMITED (REGISTERED NUMBER: 08411366)

Notes to the Financial Statements - continued
for the year ended 29th February 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st March 2023 160 145 10,499 1,690 12,494
Additions - - - 1,431 1,431
At 29th February 2024 160 145 10,499 3,121 13,925
DEPRECIATION
At 1st March 2023 154 139 6,014 1,198 7,505
Charge for year 2 2 1,122 483 1,609
At 29th February 2024 156 141 7,136 1,681 9,114
NET BOOK VALUE
At 29th February 2024 4 4 3,363 1,440 4,811
At 28th February 2023 6 6 4,485 492 4,989

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st March 2023
and 29th February 2024 10,499
DEPRECIATION
At 1st March 2023 6,014
Charge for year 1,122
At 29th February 2024 7,136
NET BOOK VALUE
At 29th February 2024 3,363
At 28th February 2023 4,485

FIRECHECK SPRINKLERS LIMITED (REGISTERED NUMBER: 08411366)

Notes to the Financial Statements - continued
for the year ended 29th February 2024


5. DEBTORS
29/2/24 28/2/23
£    £   
Amounts falling due within one year:
Trade debtors 10,307 10,207
Directors' current accounts 12,056 27,964
Social security
and other taxes 14,426 15,914
VAT 569 663
37,358 54,748

Amounts falling due after more than one year:
Corporation tax 9,829 9,829

Aggregate amounts 47,187 64,577

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29/2/24 28/2/23
£    £   
Bank loans and overdrafts (see note 8) 21,807 28,906
Hire purchase contracts 1,111 2,221
Tax 14,523 13,648
Accrued expenses 4,169 4,044
41,610 48,819

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29/2/24 28/2/23
£    £   
Bank loans (see note 8) 9,333 16,333
Hire purchase contracts - 1,111
9,333 17,444

8. LOANS

An analysis of the maturity of loans is given below:

29/2/24 28/2/23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 14,807 21,906
Bank loans 7,000 7,000
21,807 28,906

FIRECHECK SPRINKLERS LIMITED (REGISTERED NUMBER: 08411366)

Notes to the Financial Statements - continued
for the year ended 29th February 2024


8. LOANS - continued
29/2/24 28/2/23
£    £   
Amounts falling due between one and two years:
Bank loans - 1-2 years 7,000 7,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 2,333 9,333

9. SECURED DEBTS

The following secured debts are included within creditors:

29/2/24 28/2/23
£    £   
Bank overdrafts 14,807 21,906
Bank loans 16,333 23,333
31,140 45,239

The bank overdraft and loan are secured by way of a personal guarantee from the company's directors.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29/2/24 28/2/23
value: £    £   
100 Ordinary £1 100 100

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29th February 2024 and 28th February 2023:

29/2/24 28/2/23
£    £   
M R Dunbar and Miss N Hawkins
Balance outstanding at start of year 27,964 31,749
Amounts advanced 22,313 -
Amounts repaid (38,221 ) (3,785 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,056 27,964