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REGISTERED NUMBER: NI633961 (Northern Ireland)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

CAPITAL FIRE & SECURITY SYSTEMS LTD

CAPITAL FIRE & SECURITY SYSTEMS LTD (REGISTERED NUMBER: NI633961)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAPITAL FIRE & SECURITY SYSTEMS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: E McNamara
R McNamee
D McNamee



REGISTERED OFFICE: 22 Glanleam Drive
BELFAST
BT15 3FN



REGISTERED NUMBER: NI633961 (Northern Ireland)



ACCOUNTANTS: R Cathers & Co
Chartered Accountants & Registered Auditors
107 Main Street
FINTONA
Co. Tyrone
BT78 2AH



BANKERS: First Trust Bank
322 Antrim Road
GLENGORMLEY
BT36 5EQ

CAPITAL FIRE & SECURITY SYSTEMS LTD (REGISTERED NUMBER: NI633961)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 83,958 83,958
Tangible assets 5 8,451 11,269
92,409 95,227

CURRENT ASSETS
Stocks 11,000 750
Debtors 6 18,014 72,525
29,014 73,275
CREDITORS
Amounts falling due within one year 7 84,954 109,181
NET CURRENT LIABILITIES (55,940 ) (35,906 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,469

59,321

CREDITORS
Amounts falling due after more than one
year

8

35,049

46,731
NET ASSETS 1,420 12,590

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 1,416 12,586
1,420 12,590

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

CAPITAL FIRE & SECURITY SYSTEMS LTD (REGISTERED NUMBER: NI633961)

BALANCE SHEET - continued
31 OCTOBER 2023


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 6 January 2025 and were signed on its behalf by:




E McNamara - Director D McNamee - Director




R McNamee - Director


CAPITAL FIRE & SECURITY SYSTEMS LTD (REGISTERED NUMBER: NI633961)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Capital Fire & Security Systems Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


CAPITAL FIRE & SECURITY SYSTEMS LTD (REGISTERED NUMBER: NI633961)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

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 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.

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 6 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 130,000
AMORTISATION
At 1 November 2022
and 31 October 2023 46,042
NET BOOK VALUE
At 31 October 2023 83,958
At 31 October 2022 83,958

CAPITAL FIRE & SECURITY SYSTEMS LTD (REGISTERED NUMBER: NI633961)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 33,642
DEPRECIATION
At 1 November 2022 22,373
Charge for year 2,818
At 31 October 2023 25,191
NET BOOK VALUE
At 31 October 2023 8,451
At 31 October 2022 11,269

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 18,014 72,525

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 11,034 8,985
Trade creditors 16,745 26,974
Taxation and social security 57,175 67,722
Other creditors - 5,500
84,954 109,181

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 34,970 38,995
Other creditors 79 7,736
35,049 46,731

CAPITAL FIRE & SECURITY SYSTEMS LTD (REGISTERED NUMBER: NI633961)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Directors loan account 79 7,736