REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 18 APRIL 2023 TO 31 AUGUST 2024 |
FOR |
PASSIVE FIRE CONTAINMENT LIMITED |
REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 18 APRIL 2023 TO 31 AUGUST 2024 |
FOR |
PASSIVE FIRE CONTAINMENT LIMITED |
PASSIVE FIRE CONTAINMENT LIMITED (REGISTERED NUMBER: 14810928) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 18 APRIL 2023 TO 31 AUGUST 2024 |
Page |
Abridged Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
PASSIVE FIRE CONTAINMENT LIMITED (REGISTERED NUMBER: 14810928) |
ABRIDGED BALANCE SHEET |
31 AUGUST 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
PASSIVE FIRE CONTAINMENT LIMITED (REGISTERED NUMBER: 14810928) |
ABRIDGED BALANCE SHEET - continued |
31 AUGUST 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
PASSIVE FIRE CONTAINMENT LIMITED (REGISTERED NUMBER: 14810928) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 18 APRIL 2023 TO 31 AUGUST 2024 |
1. | STATUTORY INFORMATION |
Passive Fire Containment Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the invoice value of goods and services falling within the company's ordinary activities. Turnover is recognised when goods and services are supplied. |
Tangible fixed assets |
Plant and machinery etc | - |
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 period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained EarningsStatement of Income and Retained Earnings, 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 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. |
PASSIVE FIRE CONTAINMENT LIMITED (REGISTERED NUMBER: 14810928) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 18 APRIL 2023 TO 31 AUGUST 2024 |
2. | ACCOUNTING POLICIES - continued |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. These assets are depreciated over their estimated useful lives. |
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. |
Rentals under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
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 period was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
Additions |
At 31 August 2024 |
DEPRECIATION |
Charge for period |
At 31 August 2024 |
NET BOOK VALUE |
At 31 August 2024 |
5. | PENSION COMMITMENTS |
Liabilities in relation to pensions at the balance sheet date amounted to £1,487. |