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REGISTERED NUMBER: 09021924 (England and Wales)










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024

FOR

SQUARE MILE FIRE PROTECTION LTD

SQUARE MILE FIRE PROTECTION LTD (REGISTERED NUMBER: 09021924)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SQUARE MILE FIRE PROTECTION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: J R Booth
R M Brown
Mrs K L Brown





REGISTERED OFFICE: Level 30 The Leadenhall Building
122 Leadenhall Street
London
EC3V 4AB





REGISTERED NUMBER: 09021924 (England and Wales)





ACCOUNTANTS: Cobbin Floyd Ltd
Chartered Accountants
15a Station Road
Epping
Essex
CM16 4HG

SQUARE MILE FIRE PROTECTION LTD (REGISTERED NUMBER: 09021924)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 256,509 126,259

CURRENT ASSETS
Debtors 5 362,342 507,232
Cash at bank 332,349 75,962
694,691 583,194
CREDITORS
Amounts falling due within one year 6 (404,728 ) (287,553 )
NET CURRENT ASSETS 289,963 295,641
TOTAL ASSETS LESS CURRENT
LIABILITIES

546,472

421,900

CREDITORS
Amounts falling due after more than one
year

7

(12,435

)

(21,667

)
NET ASSETS 534,037 400,233

CAPITAL AND RESERVES
Called up share capital 100 100
Capital redemption reserve 1 1
Retained earnings 533,936 400,132
534,037 400,233

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

SQUARE MILE FIRE PROTECTION LTD (REGISTERED NUMBER: 09021924)

BALANCE SHEET - continued
30TH APRIL 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 10th September 2024 and were signed on its behalf by:




R M Brown - Director



Mrs K L Brown - Director


SQUARE MILE FIRE PROTECTION LTD (REGISTERED NUMBER: 09021924)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

Square Mile Fire Protection 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.
Motor vehicles - 33% on cost and not provided

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
Rentals paid 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 year was 22 (2023 - 7 ) .

SQUARE MILE FIRE PROTECTION LTD (REGISTERED NUMBER: 09021924)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Office
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st May 2023 1,277 198,083 6,566 205,926
Additions - 310,624 6,368 316,992
Disposals - (122,463 ) - (122,463 )
At 30th April 2024 1,277 386,244 12,934 400,455
DEPRECIATION
At 1st May 2023 646 74,189 4,832 79,667
Charge for year 208 96,555 2,991 99,754
Eliminated on disposal - (35,475 ) - (35,475 )
At 30th April 2024 854 135,269 7,823 143,946
NET BOOK VALUE
At 30th April 2024 423 250,975 5,111 256,509
At 30th April 2023 631 123,894 1,734 126,259

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 332,375 490,045
Other debtors 29,967 17,187
362,342 507,232

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 67,777 54,694
Corporation tax 159,852 89,586
Social security and other taxes 8,559 8,211
VAT 126,582 117,223
Directors' current accounts 10,662 3,848
Sundry creditor and accruals 21,296 3,991
404,728 287,553

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 12,435 21,667