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REGISTERED NUMBER: 03818395 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

ISE Fire Products & Services Limited

ISE Fire Products & Services Limited (Registered number: 03818395)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ISE Fire Products & Services Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: S E Bates
N J Bates





REGISTERED OFFICE: The Gerald Lloyd Building
16 Orlingbury Road
Little Harrowden
Northamptonshire
NN9 5BH





REGISTERED NUMBER: 03818395 (England and Wales)





ACCOUNTANTS: Abrahamson Foster Limited
The Atkins Building
Lower Bond Street
Hinckley
Leicestershire
LE10 1QU

ISE Fire Products & Services Limited (Registered number: 03818395)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 553,257 388,722
Investments 6 248,284 224,408
801,541 613,130

CURRENT ASSETS
Stocks 51,098 49,391
Debtors 7 333,816 194,557
Cash at bank and in hand 258,537 220,412
643,451 464,360
CREDITORS
Amounts falling due within one year 8 267,196 183,889
NET CURRENT ASSETS 376,255 280,471
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,177,796

893,601

CREDITORS
Amounts falling due after more than one
year

9

-

(1,948

)

PROVISIONS FOR LIABILITIES (65,187 ) (19,243 )
NET ASSETS 1,112,609 872,410

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 10 78,978 -
Retained earnings 1,033,531 872,310
1,112,609 872,410

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

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

ISE Fire Products & Services Limited (Registered number: 03818395)

Balance Sheet - continued
30 September 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 11 February 2025 and were signed on its behalf by:





N J Bates - Director


ISE Fire Products & Services Limited (Registered number: 03818395)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

ISE Fire Products & 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. 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 cost and 20% on cost

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.

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.

ISE Fire Products & Services Limited (Registered number: 03818395)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 46,000
AMORTISATION
At 1 October 2023
and 30 September 2024 46,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 October 2023 304,696 208,671 513,367
Additions - 107,805 107,805
Disposals - (16,833 ) (16,833 )
Revaluations 105,304 - 105,304
At 30 September 2024 410,000 299,643 709,643
DEPRECIATION
At 1 October 2023 12,188 112,457 124,645
Charge for year - 48,574 48,574
Eliminated on disposal - (16,833 ) (16,833 )
At 30 September 2024 12,188 144,198 156,386
NET BOOK VALUE
At 30 September 2024 397,812 155,445 553,257
At 30 September 2023 292,508 96,214 388,722

Cost or valuation at 30 September 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 105,304 - 105,304
Cost 304,696 299,643 604,339
410,000 299,643 709,643

ISE Fire Products & Services Limited (Registered number: 03818395)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 October 2023 216,568
Additions 2,042
Revaluations 21,834
At 30 September 2024 240,444
PROVISIONS
At 1 October 2023
and 30 September 2024 (7,840 )
NET BOOK VALUE
At 30 September 2024 248,284
At 30 September 2023 224,408

Cost or valuation at 30 September 2024 is represented by:

Other
investments
£   
Valuation in 2022 (7,234 )
Valuation in 2023 (344 )
Valuation in 2024 23,876
Cost 224,146
240,444

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 222,847 190,596
Other debtors 110,969 3,961
333,816 194,557

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 1,919 7,284
Trade creditors 79,898 38,422
Taxation and social security 163,679 111,158
Other creditors 21,700 27,025
267,196 183,889

ISE Fire Products & Services Limited (Registered number: 03818395)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans - 1,948

10. RESERVES
Revaluation
reserve
£   
Revaluation 78,978

At 30 September 2024 78,978

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
N J Bates and S E Bates
Balance outstanding at start of year - -
Amounts advanced 248,102 134,517
Amounts repaid (143,102 ) (134,517 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 105,000 -

12. ULTIMATE CONTROLLING PARTY

The Company is controlled by the Directors, who own 90% of the issued share capital.