Company Registration No. 04549612 (England and Wales)
Fire Systems Services Limited
Unaudited accounts
for the year ended 31 October 2024
Fire Systems Services Limited
Unaudited accounts
Contents
Fire Systems Services Limited
Company Information
for the year ended 31 October 2024
Directors
Mr N Caines
Mr W Caines
Company Number
04549612 (England and Wales)
Registered Office
3rd Floor Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
Accountants
RMR Partnership LLP
3rd Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
Fire Systems Services Limited
Statement of financial position
as at 31 October 2024
Tangible assets
71,275
56,387
Cash at bank and in hand
123,888
53,602
Creditors: amounts falling due within one year
(188,553)
(108,960)
Net current assets
118,004
46,084
Total assets less current liabilities
189,279
102,471
Creditors: amounts falling due after more than one year
(54,622)
(31,722)
Called up share capital
100
100
Profit and loss account
134,557
70,649
Shareholders' funds
134,657
70,749
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 April 2025 and were signed on its behalf by
Mr N Caines
Director
Company Registration No. 04549612
Fire Systems Services Limited
Notes to the Accounts
for the year ended 31 October 2024
Fire Systems Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04549612. The registered office is 3rd Floor Vyman House, 104 College Road, Harrow, Middlesex, HA1 1BQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% as per reducing balance method
Motor vehicles
25% as per reducing balance method
Fixtures & fittings
25% as per reducing balance method
Computer equipment
33% as per reducing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Fire Systems Services Limited
Notes to the Accounts
for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2023
36,241
76,879
33,755
9,441
156,316
Additions
-
27,466
-
1,864
29,330
At 31 October 2024
36,241
104,345
33,755
11,305
185,646
At 1 November 2023
26,996
36,609
29,298
7,026
99,929
Charge for the year
2,312
10,067
1,114
949
14,442
At 31 October 2024
29,308
46,676
30,412
7,975
114,371
At 31 October 2024
6,933
57,669
3,343
3,330
71,275
At 31 October 2023
9,245
40,270
4,457
2,415
56,387
Amounts falling due within one year
Trade debtors
161,155
85,952
Accrued income and prepayments
4,250
5,690
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,024
7,228
Trade creditors
60,710
35,215
Taxes and social security
39,861
18,577
Loans from directors
5,577
406
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).