IRIS Accounts Production v24.1.9.2 11842768 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118427682023-02-28118427682024-02-29118427682023-03-012024-02-29118427682022-02-28118427682022-03-012023-02-28118427682023-02-2811842768ns15:EnglandWales2023-03-012024-02-2911842768ns14:PoundSterling2023-03-012024-02-2911842768ns10:Director12023-03-012024-02-2911842768ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2911842768ns10:SmallEntities2023-03-012024-02-2911842768ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2911842768ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2911842768ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2911842768ns10:AbridgedAccounts2023-03-012024-02-2911842768ns10:OrdinaryShareClass12023-03-012024-02-2911842768ns10:OrdinaryShareClass22023-03-012024-02-2911842768ns10:Director22023-03-012024-02-2911842768ns10:RegisteredOffice2023-03-012024-02-2911842768ns5:CurrentFinancialInstruments2024-02-2911842768ns5:CurrentFinancialInstruments2023-02-2811842768ns5:Non-currentFinancialInstruments2024-02-2911842768ns5:Non-currentFinancialInstruments2023-02-2811842768ns5:ShareCapital2024-02-2911842768ns5:ShareCapital2023-02-2811842768ns5:RetainedEarningsAccumulatedLosses2024-02-2911842768ns5:RetainedEarningsAccumulatedLosses2023-02-2811842768ns5:PlantMachinery2023-03-012024-02-2911842768ns5:ComputerEquipment2023-03-012024-02-2911842768ns10:OrdinaryShareClass12024-02-2911842768ns10:OrdinaryShareClass22024-02-29
REGISTERED NUMBER: 11842768 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Fire Prevention Specialists Ltd

Fire Prevention Specialists Ltd (Registered number: 11842768)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Fire Prevention Specialists Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mr R D Jewell
Mrs S C Jewell





REGISTERED OFFICE: Aishling House
6a Hayes Road
Deanshanger
Milton Keynes
Buckinghamshire
MK19 6HW





REGISTERED NUMBER: 11842768 (England and Wales)





ACCOUNTANTS: DansonOsborne Accountants Ltd
Chartered Certified Accountants
Aishling House
6a Hayes Road
Deanshanger
Milton Keynes
Buckinghamshire
MK19 6HW

Fire Prevention Specialists Ltd (Registered number: 11842768)

Abridged Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,574 1,684

CURRENT ASSETS
Stocks 18,220 20,314
Debtors 99,347 91,561
Cash at bank 8,326 50
125,893 111,925
CREDITORS
Amounts falling due within one year 76,473 64,979
NET CURRENT ASSETS 49,420 46,946
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,994

48,630

CREDITORS
Amounts falling due after more than
one year

45,157

44,532
NET ASSETS 5,837 4,098

CAPITAL AND RESERVES
Called up share capital 5 20 20
Retained earnings 5,817 4,078
SHAREHOLDERS' FUNDS 5,837 4,098

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

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

Fire Prevention Specialists Ltd (Registered number: 11842768)

Abridged Balance Sheet - continued
29 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 November 2024 and were signed on its behalf by:





Mr R D Jewell - Director


Fire Prevention Specialists Ltd (Registered number: 11842768)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Fire Prevention Specialists Ltd 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.
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 4 ) .

Fire Prevention Specialists Ltd (Registered number: 11842768)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023 5,535
Additions 550
At 29 February 2024 6,085
DEPRECIATION
At 1 March 2023 3,851
Charge for year 660
At 29 February 2024 4,511
NET BOOK VALUE
At 29 February 2024 1,574
At 28 February 2023 1,684

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
10 Ordinary 1.00 10 10
10 Ordinary A 1.00 10 10
20 20

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the year end, the directors owed the company £34,368 (2023: £16,895), which was repaid by 31 July 2024.