Acorah Software Products - Accounts Production 16.3.350 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10575690 Mr James Davie Mr John English Mr Joseph Abella iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10575690 2023-12-31 10575690 2024-12-31 10575690 2024-01-01 2024-12-31 10575690 frs-core:CurrentFinancialInstruments 2024-12-31 10575690 frs-core:Non-currentFinancialInstruments 2024-12-31 10575690 frs-core:BetweenOneFiveYears 2024-12-31 10575690 frs-core:MotorVehicles 2024-12-31 10575690 frs-core:MotorVehicles 2024-01-01 2024-12-31 10575690 frs-core:MotorVehicles 2023-12-31 10575690 frs-core:PlantMachinery 2024-12-31 10575690 frs-core:PlantMachinery 2024-01-01 2024-12-31 10575690 frs-core:PlantMachinery 2023-12-31 10575690 frs-core:WithinOneYear 2024-12-31 10575690 frs-core:ShareCapital 2024-12-31 10575690 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10575690 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10575690 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10575690 frs-bus:SmallEntities 2024-01-01 2024-12-31 10575690 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10575690 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10575690 frs-bus:Director1 2024-01-01 2024-12-31 10575690 frs-bus:Director2 2024-01-01 2024-12-31 10575690 frs-bus:Director3 2024-01-01 2024-12-31 10575690 frs-countries:EnglandWales 2024-01-01 2024-12-31 10575690 2022-12-31 10575690 2023-12-31 10575690 2023-01-01 2023-12-31 10575690 frs-core:CurrentFinancialInstruments 2023-12-31 10575690 frs-core:Non-currentFinancialInstruments 2023-12-31 10575690 frs-core:BetweenOneFiveYears 2023-12-31 10575690 frs-core:WithinOneYear 2023-12-31 10575690 frs-core:ShareCapital 2023-12-31 10575690 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10575690
Salus Fire Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Spicer & Co UK Limited
Chartered Accountants
Staple House
5 Eleanors Cross
Dunstable
Bedfordshire
LU6 1SU
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10575690
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 82,471 56,957
82,471 56,957
CURRENT ASSETS
Debtors 5 128,778 103,590
Cash at bank and in hand 312,516 182,593
441,294 286,183
Creditors: Amounts Falling Due Within One Year 6 (157,174 ) (126,125 )
NET CURRENT ASSETS (LIABILITIES) 284,120 160,058
TOTAL ASSETS LESS CURRENT LIABILITIES 366,591 217,015
Creditors: Amounts Falling Due After More Than One Year 7 (70,497 ) (57,392 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (15,670 ) (10,822 )
NET ASSETS 280,424 148,801
CAPITAL AND RESERVES
Called up share capital 10 152 150
Profit and Loss Account 280,272 148,651
SHAREHOLDERS' FUNDS 280,424 148,801
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Page 2
For the year ending 31 December 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr James Davie
Director
07/05/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Salus Fire Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10575690 . The registered office is 3 The Spinney, Silsoe, Bedfordshire, MK45 4GS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existance for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery over 3 years
Motor Vehicles 20% on reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
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2.7. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.8. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2024 6,423 70,190 76,613
Additions 443 38,000 38,443
As at 31 December 2024 6,866 108,190 115,056
Depreciation
As at 1 January 2024 5,704 13,952 19,656
Provided during the period 415 12,514 12,929
As at 31 December 2024 6,119 26,466 32,585
Net Book Value
As at 31 December 2024 747 81,724 82,471
As at 1 January 2024 719 56,238 56,957
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 128,778 103,500
Other debtors - 90
128,778 103,590
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 14,952 8,952
Trade creditors 18,246 876
Bank loans and overdrafts 10,375 10,098
Other creditors 249 30,263
Taxation and social security 113,352 75,936
157,174 126,125
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 64,379 40,878
Bank loans 6,118 16,514
70,497 57,392
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 14,952 8,952
Later than one year and not later than five years 64,379 40,878
79,331 49,830
79,331 49,830
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 15,670 10,822
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 152 150
11. Reserves
Profit and Loss Account
The Profit and Loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholder. This is a distributable reserve.
12. Related Party Transactions
As at balance sheet date, included in creditors are amounts due to directors of £249 (2023: £30,263).
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