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REGISTERED NUMBER: 01292282 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ASSOCIATION FOR
SPECIALIST FIRE PROTECTION LIMITED

ASSOCIATION FOR
SPECIALIST FIRE PROTECTION LIMITED (REGISTERED NUMBER: 01292282)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASSOCIATION FOR
SPECIALIST FIRE PROTECTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: M R Ward
C L Miles
S McClure
N T Saxon





REGISTERED OFFICE: Unit A West Oak House
Westwood Way
Westwood Business Park
Coventry
CV4 8HS





REGISTERED NUMBER: 01292282 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
5 Argosy Court
Scimitar Way
Whitley Business Park
Coventry
CV3 4GA

ASSOCIATION FOR
SPECIALIST FIRE PROTECTION LIMITED (REGISTERED NUMBER: 01292282)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 898,230 848,948

CURRENT ASSETS
Debtors 5 164,939 670,253
Cash at bank 878,607 373,522
1,043,546 1,043,775
CREDITORS
Amounts falling due within one year 6 646,509 999,549
NET CURRENT ASSETS 397,037 44,226
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,295,267

893,174

PROVISIONS FOR LIABILITIES 21,005 -
NET ASSETS 1,274,262 893,174

RESERVES
Revaluation reserve 7 75,991 -
Retained earnings 1,198,271 893,174
1,274,262 893,174

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

ASSOCIATION FOR
SPECIALIST FIRE PROTECTION LIMITED (REGISTERED NUMBER: 01292282)

BALANCE SHEET - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by:





M R Ward - Director


ASSOCIATION FOR
SPECIALIST FIRE PROTECTION LIMITED (REGISTERED NUMBER: 01292282)

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


1. STATUTORY INFORMATION

Association for Specialist Fire Protection 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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.
Fixtures and fittings - 20% on cost
Motor vehicles - 33.33% on cost
Computer equipment - 33.33% on cost

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.

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.

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.

ASSOCIATION FOR
SPECIALIST FIRE PROTECTION LIMITED (REGISTERED NUMBER: 01292282)

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


2. ACCOUNTING POLICIES - continued

Freehold property
Freehold property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and
property property fittings
£    £    £   
COST OR VALUATION
At 1 January 2024 312,528 403,451 61,524
Additions - - 4,035
Disposals - - -
Revaluations 84,021 - -
At 31 December 2024 396,549 403,451 65,559
DEPRECIATION
At 1 January 2024 6,251 6,724 1,574
Charge for year (6,251 ) (6,724 ) 12,711
Eliminated on disposal - - -
At 31 December 2024 - - 14,285
NET BOOK VALUE
At 31 December 2024 396,549 403,451 51,274
At 31 December 2023 306,277 396,727 59,950

ASSOCIATION FOR
SPECIALIST FIRE PROTECTION LIMITED (REGISTERED NUMBER: 01292282)

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


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST OR VALUATION
At 1 January 2024 96,450 63,842 937,795
Additions 16,500 15,035 35,570
Disposals (96,450 ) (8,239 ) (104,689 )
Revaluations - - 84,021
At 31 December 2024 16,500 70,638 952,697
DEPRECIATION
At 1 January 2024 46,581 27,717 88,847
Charge for year 10,801 15,685 26,222
Eliminated on disposal (57,046 ) (3,556 ) (60,602 )
At 31 December 2024 336 39,846 54,467
NET BOOK VALUE
At 31 December 2024 16,164 30,792 898,230
At 31 December 2023 49,869 36,125 848,948

Cost or valuation at 31 December 2024 is represented by:

Improvements Fixtures
Freehold to and
property property fittings
£    £    £   
Valuation in 2024 84,021 - -
Cost 312,528 403,451 65,559
396,549 403,451 65,559

Motor Computer
vehicles equipment Totals
£    £    £   
Valuation in 2024 - - 84,021
Cost 16,500 70,638 868,676
16,500 70,638 952,697

ASSOCIATION FOR
SPECIALIST FIRE PROTECTION LIMITED (REGISTERED NUMBER: 01292282)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 44,196 251,071
Other debtors 120,743 419,182
164,939 670,253

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 84,015 253,660
Taxation and social security 72,252 21,619
Other creditors 490,242 724,270
646,509 999,549

7. RESERVES
Revaluation
reserve
£   
Additions 75,991

At 31 December 2024 75,991