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REGISTERED NUMBER: 03962501 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

FIRE SUPPRESSION LIMITED

FIRE SUPPRESSION LIMITED (REGISTERED NUMBER: 03962501)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


FIRE SUPPRESSION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: Mr A G Hughes





REGISTERED OFFICE: Unit A, Rockhaven
Packgate Road
Cabot Park
Avonmouth
Bristol
BS11 0FD





REGISTERED NUMBER: 03962501 (England and Wales)





ACCOUNTANTS: Haines Watts
Chartered Accountants
Old Station House
Station Approach
Swindon
Wiltshire
SN1 3DU

FIRE SUPPRESSION LIMITED (REGISTERED NUMBER: 03962501)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

31/7/24 31/7/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,069 35,985

CURRENT ASSETS
Stocks 201,498 162,011
Debtors 5 1,742,807 1,536,777
Cash at bank 220,969 265,871
2,165,274 1,964,659
CREDITORS
Amounts falling due within one year 6 584,965 663,515
NET CURRENT ASSETS 1,580,309 1,301,144
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,609,378

1,337,129

CREDITORS
Amounts falling due after more than one
year

7

(16,667

)

(26,667

)

PROVISIONS FOR LIABILITIES (7,267 ) (8,996 )
NET ASSETS 1,585,444 1,301,466

CAPITAL AND RESERVES
Called up share capital 507 507
Capital redemption reserve 475 475
Retained earnings 1,584,462 1,300,484
1,585,444 1,301,466

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 director acknowledges his 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.

FIRE SUPPRESSION LIMITED (REGISTERED NUMBER: 03962501)

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.

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

The financial statements were approved by the director and authorised for issue on 19 February 2025 and were signed by:





Mr A G Hughes - Director


FIRE SUPPRESSION LIMITED (REGISTERED NUMBER: 03962501)

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

1. STATUTORY INFORMATION

Fire Suppression 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks & work in progress
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Costs include all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition.

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. An element of profit is included where the outcome of the project may reasonably be determined.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement 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 statement of financial position date.


FIRE SUPPRESSION LIMITED (REGISTERED NUMBER: 03962501)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

2. ACCOUNTING POLICIES - continued
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.

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 10 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2023 34,115 57,778 86,365 120,320 298,578
Additions - 3,791 - 1,189 4,980
At 31 July 2024 34,115 61,569 86,365 121,509 303,558
DEPRECIATION
At 1 August 2023 20,752 56,814 74,278 110,749 262,593
Charge for year 2,683 1,191 3,023 4,999 11,896
At 31 July 2024 23,435 58,005 77,301 115,748 274,489
NET BOOK VALUE
At 31 July 2024 10,680 3,564 9,064 5,761 29,069
At 31 July 2023 13,363 964 12,087 9,571 35,985

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Trade debtors 597,668 816,539
Amounts owed by group undertakings 1,100,752 682,024
Other debtors 44,387 38,214
1,742,807 1,536,777

FIRE SUPPRESSION LIMITED (REGISTERED NUMBER: 03962501)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Trade creditors 359,001 448,800
Taxation and social security 205,001 193,735
Other creditors 20,963 20,980
584,965 663,515

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/7/24 31/7/23
£    £   
Other creditors 16,667 26,667

8. OTHER FINANCIAL COMMITMENTS

The assets of Fire Suppression Limited are secured via cross guarantee against the borrowings of a company under common control, being Coralarc Limited, a company registered in England and Wales.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31/7/24 31/7/23
£    £   
Mr A G Hughes
Balance outstanding at start of year 10,203 -
Amounts advanced 10,471 10,203
Amounts repaid (10,203 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,471 10,203