IRIS Accounts Production v25.1.0.734 SC278157 Board of Directors 1.2.24 31.1.25 31.1.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2781572024-01-31SC2781572025-01-31SC2781572024-02-012025-01-31SC2781572023-01-31SC2781572023-02-012024-01-31SC2781572024-01-31SC278157ns15:Scotland2024-02-012025-01-31SC278157ns14:PoundSterling2024-02-012025-01-31SC278157ns10:Director12024-02-012025-01-31SC278157ns10:PrivateLimitedCompanyLtd2024-02-012025-01-31SC278157ns10:SmallEntities2024-02-012025-01-31SC278157ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-31SC278157ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-31SC278157ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-31SC278157ns10:FullAccounts2024-02-012025-01-31SC27815712024-02-012025-01-31SC278157ns10:Director22024-02-012025-01-31SC278157ns10:CompanySecretary12024-02-012025-01-31SC278157ns10:RegisteredOffice2024-02-012025-01-31SC278157ns5:CurrentFinancialInstruments2025-01-31SC278157ns5:CurrentFinancialInstruments2024-01-31SC278157ns5:Non-currentFinancialInstruments2025-01-31SC278157ns5:Non-currentFinancialInstruments2024-01-31SC278157ns5:ShareCapital2025-01-31SC278157ns5:ShareCapital2024-01-31SC278157ns5:RetainedEarningsAccumulatedLosses2025-01-31SC278157ns5:RetainedEarningsAccumulatedLosses2024-01-31SC278157ns5:NetGoodwill2024-02-012025-01-31SC278157ns5:IntangibleAssetsOtherThanGoodwill2024-02-012025-01-31SC278157ns5:LeaseholdImprovements2024-02-012025-01-31SC278157ns5:PlantMachinery2024-02-012025-01-31SC278157ns5:FurnitureFittings2024-02-012025-01-31SC278157ns5:MotorVehicles2024-02-012025-01-31SC278157ns5:ComputerEquipment2024-02-012025-01-31SC278157ns5:NetGoodwill2024-01-31SC278157ns5:NetGoodwill2025-01-31SC278157ns5:NetGoodwill2024-01-31SC278157ns5:LeaseholdImprovements2024-01-31SC278157ns5:PlantMachinery2024-01-31SC278157ns5:FurnitureFittings2024-01-31SC278157ns5:LeaseholdImprovements2025-01-31SC278157ns5:PlantMachinery2025-01-31SC278157ns5:FurnitureFittings2025-01-31SC278157ns5:LeaseholdImprovements2024-01-31SC278157ns5:PlantMachinery2024-01-31SC278157ns5:FurnitureFittings2024-01-31SC278157ns5:MotorVehicles2024-01-31SC278157ns5:ComputerEquipment2024-01-31SC278157ns5:MotorVehicles2025-01-31SC278157ns5:ComputerEquipment2025-01-31SC278157ns5:MotorVehicles2024-01-31SC278157ns5:ComputerEquipment2024-01-31SC278157ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-31SC278157ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-31SC278157ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2025-01-31SC278157ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-01-31SC278157ns5:DeferredTaxation2024-01-31SC278157ns5:DeferredTaxation2025-01-31
REGISTERED NUMBER: SC278157 (Scotland)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

GRAMPIAN FIRE & SAFETY LIMITED

GRAMPIAN FIRE & SAFETY LIMITED (REGISTERED NUMBER: SC278157)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRAMPIAN FIRE & SAFETY LIMITED

Company Information
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: J Riddoch
Mrs J M Riddoch





SECRETARY: Mrs J M Riddoch





REGISTERED OFFICE: Overton Lodge
Overton
Dyce
Aberdeen
AB21 0EQ





REGISTERED NUMBER: SC278157 (Scotland)





ACCOUNTANTS: Fyfe Moir & Associates
1st Floor, 5 Abercrombie Crt
Prospect Road,
Westhill
Aberdeenshire
Grampian
AB32 6FE

GRAMPIAN FIRE & SAFETY LIMITED (REGISTERED NUMBER: SC278157)

Balance Sheet
31 JANUARY 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 8,045 10,727
Tangible assets 5 26,585 21,841
34,630 32,568

CURRENT ASSETS
Stocks 6 9,322 6,133
Debtors 7 37,336 54,651
Cash at bank and in hand 123,391 103,109
170,049 163,893
CREDITORS
Amounts falling due within one year 8 42,233 42,343
NET CURRENT ASSETS 127,816 121,550
TOTAL ASSETS LESS CURRENT
LIABILITIES

162,446

154,118

CREDITORS
Amounts falling due after more than one year 9 (2,569 ) (4,963 )

PROVISIONS FOR LIABILITIES 10 (3,043 ) (1,643 )
NET ASSETS 156,834 147,512

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 156,832 147,510
SHAREHOLDERS' FUNDS 156,834 147,512

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

GRAMPIAN FIRE & SAFETY LIMITED (REGISTERED NUMBER: SC278157)

Balance Sheet - continued
31 JANUARY 2025


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 6 May 2025 and were signed on its behalf by:





J Riddoch - Director


GRAMPIAN FIRE & SAFETY LIMITED (REGISTERED NUMBER: SC278157)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Grampian Fire & Safety Limited is a private company, limited by shares , registered in Scotland. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

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.
Improvements to property - 2% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

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 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.


GRAMPIAN FIRE & SAFETY LIMITED (REGISTERED NUMBER: SC278157)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2024
and 31 January 2025 53,636
AMORTISATION
At 1 February 2024 42,909
Amortisation for year 2,682
At 31 January 2025 45,591
NET BOOK VALUE
At 31 January 2025 8,045
At 31 January 2024 10,727

GRAMPIAN FIRE & SAFETY LIMITED (REGISTERED NUMBER: SC278157)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 February 2024 14,656 3,283 2,172
Additions - - 172
At 31 January 2025 14,656 3,283 2,344
DEPRECIATION
At 1 February 2024 1,466 3,063 2,149
Charge for year 293 44 57
At 31 January 2025 1,759 3,107 2,206
NET BOOK VALUE
At 31 January 2025 12,897 176 138
At 31 January 2024 13,190 220 23

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2024 12,000 3,422 35,533
Additions 8,575 - 8,747
At 31 January 2025 20,575 3,422 44,280
DEPRECIATION
At 1 February 2024 3,800 3,214 13,692
Charge for year 3,401 208 4,003
At 31 January 2025 7,201 3,422 17,695
NET BOOK VALUE
At 31 January 2025 13,374 - 26,585
At 31 January 2024 8,200 208 21,841

6. STOCKS
31.1.25 31.1.24
£    £   
Stocks 4,000 4,000
Work-in-progress 5,322 2,133
9,322 6,133

GRAMPIAN FIRE & SAFETY LIMITED (REGISTERED NUMBER: SC278157)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 32,400 50,077
Prepayments and accrued income 4,936 4,574
37,336 54,651

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans and overdrafts 2,400 2,400
Trade creditors 7,931 14,730
Tax 19,467 14,412
Social security and other taxes 719 635
VAT 8,854 6,851
Other creditors 1,012 1,231
Directors' current accounts 192 597
Accrued expenses 1,658 1,487
42,233 42,343

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£    £   
Bank loans - 1-2 years 2,569 4,963

10. PROVISIONS FOR LIABILITIES
31.1.25 31.1.24
£    £   
Deferred tax 3,043 1,643

Deferred
tax
£   
Balance at 1 February 2024 1,643
Accelerated Capital Allowances 1,400
Balance at 31 January 2025 3,043