Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-06-01falseNo description of principal activity3027truefalse 02815696 2023-06-01 2024-05-31 02815696 2022-06-01 2023-05-31 02815696 2024-05-31 02815696 2023-05-31 02815696 c:Director2 2023-06-01 2024-05-31 02815696 c:Director3 2023-06-01 2024-05-31 02815696 d:PlantMachinery 2023-06-01 2024-05-31 02815696 d:PlantMachinery 2024-05-31 02815696 d:PlantMachinery 2023-05-31 02815696 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 02815696 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 02815696 d:MotorVehicles 2023-06-01 2024-05-31 02815696 d:MotorVehicles 2024-05-31 02815696 d:MotorVehicles 2023-05-31 02815696 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 02815696 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 02815696 d:FurnitureFittings 2023-06-01 2024-05-31 02815696 d:FurnitureFittings 2024-05-31 02815696 d:FurnitureFittings 2023-05-31 02815696 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 02815696 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 02815696 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 02815696 d:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 02815696 d:CurrentFinancialInstruments 2024-05-31 02815696 d:CurrentFinancialInstruments 2023-05-31 02815696 d:Non-currentFinancialInstruments 2024-05-31 02815696 d:Non-currentFinancialInstruments 2023-05-31 02815696 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 02815696 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 02815696 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 02815696 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 02815696 d:ShareCapital 2024-05-31 02815696 d:ShareCapital 2023-05-31 02815696 d:RetainedEarningsAccumulatedLosses 2024-05-31 02815696 d:RetainedEarningsAccumulatedLosses 2023-05-31 02815696 c:FRS102 2023-06-01 2024-05-31 02815696 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 02815696 c:FullAccounts 2023-06-01 2024-05-31 02815696 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 02815696 d:HirePurchaseContracts d:WithinOneYear 2024-05-31 02815696 d:HirePurchaseContracts d:WithinOneYear 2023-05-31 02815696 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-05-31 02815696 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-05-31 02815696 2 2023-06-01 2024-05-31 02815696 14 2023-06-01 2024-05-31 02815696 d:AcceleratedTaxDepreciationDeferredTax 2024-05-31 02815696 d:AcceleratedTaxDepreciationDeferredTax 2023-05-31 02815696 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-05-31 02815696 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-05-31 02815696 d:LeasedAssetsHeldAsLessee 2024-05-31 02815696 d:LeasedAssetsHeldAsLessee 2023-05-31 02815696 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 02815696










A.T.E. FIRE PROTECTION LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
A.T.E. FIRE PROTECTION LIMITED
REGISTERED NUMBER: 02815696

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
399,961
343,311

  
399,961
343,311

Current assets
  

Debtors: amounts falling due after more than one year
 5 
8,553
7,128

Debtors: amounts falling due within one year
 5 
2,132,184
1,933,328

Cash at bank and in hand
 6 
912,136
1,095,164

  
3,052,873
3,035,620

Creditors: amounts falling due within one year
 7 
(1,191,969)
(778,056)

Net current assets
  
 
 
1,860,904
 
 
2,257,564

Total assets less current liabilities
  
2,260,865
2,600,875

Creditors: amounts falling due after more than one year
 8 
(27,717)
(56,192)

Provisions for liabilities
  

Deferred tax
 10 
(88,693)
(81,840)

  
 
 
(88,693)
 
 
(81,840)

Net assets
  
2,144,455
2,462,843


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
2,144,453
2,462,841

  
2,144,455
2,462,843


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
A.T.E. FIRE PROTECTION LIMITED
REGISTERED NUMBER: 02815696

BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 February 2025.




I. J. Bovington
A. D. Carter
Director
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
A.T.E. FIRE PROTECTION LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
1.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
1.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
A.T.E. FIRE PROTECTION LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.Accounting policies (continued)

 
1.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
1.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
1.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
A.T.E. FIRE PROTECTION LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.Accounting policies (continued)


1.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Fixtures and fittings
-
15% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
1.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 5

 
A.T.E. FIRE PROTECTION LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.Accounting policies (continued)

 
1.14

Employee share ownership plan

The cost of the Company's shares held by the ESOP is deducted from equity in the Group and Company balance sheets under the heading ESOP share reserve. Any cash received by the ESOP on disposal of the shares it holds is also recognised directly in equity. Other assets and liabilities of the ESOP (including borrowings) are recognised as assets and liabilities of the Company.


2.


General information

A.T.E Fire Protection Services Limited is a limited company incorporated in England and Wales.
The registered office is Unit 6a Beacon End Courtyard London Road, Stanway, Colchester, Essex, England, CO3 0NU.
The principal activity of the company was that of suppliers and installers of the fire protection products.


3.


Employees

The average monthly number of employees, including directors, during the year was 30 (2023 - 27).

Page 6

 
A.T.E. FIRE PROTECTION LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 June 2023
91,883
393,406
173,875
659,164


Additions
1,099
320,000
13,552
334,651


Disposals
(927)
(215,317)
-
(216,244)



At 31 May 2024

92,055
498,089
187,427
777,571



Depreciation


At 1 June 2023
43,927
182,185
89,741
315,853


Charge for the year on owned assets
11,857
67,261
13,045
92,163


Charge for the year on financed assets
-
29,554
-
29,554


Disposals
(19)
(59,941)
-
(59,960)



At 31 May 2024

55,765
219,059
102,786
377,610



Net book value



At 31 May 2024
36,290
279,030
84,641
399,961



At 31 May 2023
47,956
211,221
84,134
343,311

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
88,665
118,219

88,665
118,219

Page 7

 
A.T.E. FIRE PROTECTION LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
8,553
7,128

8,553
7,128


2024
2023
£
£

Due within one year

Trade debtors
1,892,513
1,787,175

Other debtors
102,073
75,522

Prepayments and accrued income
137,598
70,631

2,132,184
1,933,328



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
912,136
1,095,164


Page 8

 
A.T.E. FIRE PROTECTION LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
873,879
402,116

Amounts owed to group undertakings
-
59,566

Corporation tax
178,088
183,296

Other taxation and social security
53,606
43,865

Obligations under finance lease and hire purchase contracts
28,472
34,955

Other creditors
10,853
24,157

Accruals and deferred income
47,071
30,101

1,191,969
778,056


The following liabilities were secured:

2024
2023
£
£



Obligations under finance lease and hire purchase contracts
28,475
34,955

28,475
34,955

Details of security provided:

Secured against specific motor vehicles.


8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
27,717
56,192


The following liabilities were secured:

2024
2023
£
£



Net obligations under finance leases and hire purchase contracts
27,717
56,192

27,717
56,192

Details of security provided:

Secured against specific motor vehicles.

Page 9

 
A.T.E. FIRE PROTECTION LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
28,475
40,403

Between 1-5 years
27,717
60,742

56,192
101,145


10.


Deferred taxation




2024


£






At beginning of year
(81,840)


Charged to profit or loss
(6,853)



At end of year
(88,693)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(88,693)
(81,840)

(88,693)
(81,840)


11.


Pension commitments

The Company operates a defined contributions pension scheme for employees and the director. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £58,872 (2023 - £126,579). Contributions totalling £4,416 (2023 - £5,325) were payable to the fund at the balance sheet date and are included in creditors.


12.


Controlling party

The company's ultimate and immediate parent undertaking is A.T.E. Management Limited, a company registered in England and Wales. Its registered office is Kingsridge House, 601 London Road, Westcliff-On-Sea, Essex, SS0 9PE.  
The ultimate controlling party is the ATE Employee Ownership Trust.


Page 10