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REGISTERED NUMBER: 04830963 (England and Wales)















Three Ways Fire Prevention Services
Limited

Unaudited Financial Statements

for the Year Ended 31 July 2024






Three Ways Fire Prevention Services
Limited (Registered number: 04830963)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Three Ways Fire Prevention Services
Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: R J Ball
Mrs S H Ball



REGISTERED OFFICE: 4 King Square
Bridgwater
Somerset
TA6 3YF



REGISTERED NUMBER: 04830963 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: Lloyds Bank plc
25 Cornhill
Bridgwater
Somerset
TA6 3AY

Three Ways Fire Prevention Services
Limited (Registered number: 04830963)

Abridged Statement of Financial Position
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - 354
Tangible assets 6 128,993 115,111
128,993 115,465

CURRENT ASSETS
Stocks 10,500 17,300
Debtors 162,997 160,111
Cash at bank 57,629 136,857
231,126 314,268
CREDITORS
Amounts falling due within one year 94,549 193,327
NET CURRENT ASSETS 136,577 120,941
TOTAL ASSETS LESS CURRENT
LIABILITIES

265,570

236,406

CREDITORS
Amounts falling due after more than one
year

(69,469

)

(87,505

)

PROVISIONS FOR LIABILITIES (22,520 ) (19,008 )
NET ASSETS 173,581 129,893

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 173,579 129,891
SHAREHOLDERS' FUNDS 173,581 129,893

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

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

Three Ways Fire Prevention Services
Limited (Registered number: 04830963)

Abridged Statement of Financial Position - continued
31 July 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 Statement of Financial Position for the year ended 31 July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





R J Ball - Director


Three Ways Fire Prevention Services
Limited (Registered number: 04830963)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Three Ways Fire Prevention Services 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty 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 - 33% on reducing balance and 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Three Ways Fire Prevention Services
Limited (Registered number: 04830963)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023
and 31 July 2024 42,500
AMORTISATION
At 1 August 2023 42,146
Amortisation for year 354
At 31 July 2024 42,500
NET BOOK VALUE

At 31 July 2024 -
At 31 July 2023 354

6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023 163,797
Additions 75,949
Disposals (39,407 )
At 31 July 2024 200,339
DEPRECIATION
At 1 August 2023 48,686
Charge for year 32,512
Eliminated on disposal (9,852 )
At 31 July 2024 71,346
NET BOOK VALUE
At 31 July 2024 128,993
At 31 July 2023 115,111

Three Ways Fire Prevention Services
Limited (Registered number: 04830963)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. ULTIMATE CONTROLLING PARTY

The controlling party is R Ball and Mrs S Ball.

The above shareholders controlled the company during the current and previous period by virtue of the fact that between them they own all of the company's issued share capital.