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REGISTERED NUMBER: 06792370 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

FORTIFIRE SOLUTIONS LIMITED

FORTIFIRE SOLUTIONS LIMITED (REGISTERED NUMBER: 06792370)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FORTIFIRE SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Carl Nicholas Barnes
Alex Edward Hirst
Peter Jackson





REGISTERED OFFICE: Victoria Spring Business Park
Wakefield Road
Heckmondwike
West Yorkshire
WF15 6BU





REGISTERED NUMBER: 06792370 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
1 Valley Court
Canal Road
Bradford
West Yorkshire
BD1 4SP

FORTIFIRE SOLUTIONS LIMITED (REGISTERED NUMBER: 06792370)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 156,448 124,078

CURRENT ASSETS
Stocks 281,174 248,200
Debtors 5 1,223,815 788,231
Cash at bank 503,828 335,799
2,008,817 1,372,230
CREDITORS
Amounts falling due within one year 6 635,873 470,090
NET CURRENT ASSETS 1,372,944 902,140
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,529,392

1,026,218

CREDITORS
Amounts falling due after more than
one year

7

(76,601

)

(32,115

)

PROVISIONS FOR LIABILITIES (24,590 ) (12,879 )
NET ASSETS 1,428,201 981,224

CAPITAL AND RESERVES
Called up share capital 100 100
Profit and loss account 1,428,101 981,124
1,428,201 981,224

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.

FORTIFIRE SOLUTIONS LIMITED (REGISTERED NUMBER: 06792370)

BALANCE SHEET - 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2025 and were signed on its behalf by:





Carl Nicholas Barnes - Director


FORTIFIRE SOLUTIONS LIMITED (REGISTERED NUMBER: 06792370)

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

1. STATUTORY INFORMATION

Fortifire Solutions 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, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

STOCKS
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

FORTIFIRE SOLUTIONS LIMITED (REGISTERED NUMBER: 06792370)

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

2. ACCOUNTING POLICIES - continued

HIRE PURCHASE AND LEASING COMMITMENTS
Tangible fixed assets acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future charges, are included in creditors.

Rentals payable under operating leases are charged to the profit and loss account 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.

FINANCE COSTS OF DEBT
The finance costs of debt, including interest and issue costs, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

INCOME RECOGNITION
Revenue is recognised to the extent that is probable that the economic benefits will flow to the company and 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.

Revenue from a contract to provide services is recognised in the period in which the services are provided when all of the following conditions are satisfied :

- the amount of revenue can be measured reliably; and
- it is probable that the company will receive the consideration due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 16 ) .

FORTIFIRE SOLUTIONS LIMITED (REGISTERED NUMBER: 06792370)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 August 2023 99,508 21,535 144,410 265,453
Additions 19,194 - 88,786 107,980
Disposals - - (54,886 ) (54,886 )
At 31 July 2024 118,702 21,535 178,310 318,547
DEPRECIATION
At 1 August 2023 55,886 17,111 68,378 141,375
Charge for year 15,704 1,106 35,340 52,150
Eliminated on disposal - - (31,426 ) (31,426 )
At 31 July 2024 71,590 18,217 72,292 162,099
NET BOOK VALUE
At 31 July 2024 47,112 3,318 106,018 156,448
At 31 July 2023 43,622 4,424 76,032 124,078

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,177 6,849
Amounts owed by related parties 1,101,949 696,033
Other debtors 115,689 85,349
1,223,815 788,231

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 32,494 30,750
Hire purchase contracts 22,805 5,565
Trade creditors 229,741 180,403
Taxation and social security 328,647 230,820
Other creditors 22,186 22,552
635,873 470,090

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 52,091 27,692
Hire purchase contracts 24,510 4,423
76,601 32,115

FORTIFIRE SOLUTIONS LIMITED (REGISTERED NUMBER: 06792370)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 84,585 58,442
Hire purchase contracts 47,315 9,988
131,900 68,430

The hire purchase obligations are secured against the assets of the company on which they relate.The bounce back loan is unsecured but guaranteed by the government.

9. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £9,823 (2023:£9,200).Contributions totalling £4,435 (2023:£4,055) were payable to the fund at the year end and are included in creditors.

10. RELATED PARTY DISCLOSURES

Included in debtors due within one year was an interest free loan of £1,101,949 (2023:£696,033) due by companies in which the directors have an interest.