ENVIRO FIRE WATER & AIR LIMITED

Company Registration Number:
NI634950 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

ENVIRO FIRE WATER & AIR LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

ENVIRO FIRE WATER & AIR LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 34,843 6,667
Tangible assets: 4 182,021 145,858
Total fixed assets: 216,864 152,525
Current assets
Stocks: 69,250 79,000
Debtors:   390,015 392,906
Cash at bank and in hand: 25,113 6,977
Total current assets: 484,378 478,883
Creditors: amounts falling due within one year:   (572,467) (521,475)
Net current assets (liabilities): (88,089) (42,592)
Total assets less current liabilities: 128,775 109,933
Creditors: amounts falling due after more than one year:   (104,820) (113,447)
Total net assets (liabilities): 23,955 (3,514)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 23,954 (3,515)
Shareholders funds: 23,955 (3,514)

The notes form part of these financial statements

ENVIRO FIRE WATER & AIR LIMITED

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 May 2025
and signed on behalf of the board by:

Name: Elayne Devenny
Status: Director

The notes form part of these financial statements

ENVIRO FIRE WATER & AIR LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods and services supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives.Plant and machinery twenty percent straight line.Fixtures, fittings and equipment twenty percent straight line.Motor vehicle twenty percent straight line.The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Intangible fixed assets and amortisation policy

Goodwill Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Balance Sheet and amortised on a straight line basis over its economic useful life of 5 years, which is estimated to be the period during which benefits are expected to arise. On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.

Valuation and information policy

Stocks Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Other accounting policies

Leasing and hire purchases Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account. Trade and other debtors Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts. Borrowing costs Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred. Trade and other creditors Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. Taxation Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Foreign currency Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account. Ordinary share capital The ordinary share capital of the company is presented as equity.

ENVIRO FIRE WATER & AIR LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 30 30

ENVIRO FIRE WATER & AIR LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Intangible Assets

Total
Cost £
At 01 June 2023 10,000
Additions 37,720
At 31 May 2024 47,720
Amortisation
At 01 June 2023 3,333
Charge for year 9,544
At 31 May 2024 12,877
Net book value
At 31 May 2024 34,843
At 31 May 2023 6,667

ENVIRO FIRE WATER & AIR LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible Assets

Total
Cost £
At 01 June 2023 203,860
Additions 88,984
Disposals (4,500)
At 31 May 2024 288,344
Depreciation
At 01 June 2023 58,002
Charge for year 48,771
On disposals (450)
At 31 May 2024 106,323
Net book value
At 31 May 2024 182,021
At 31 May 2023 145,858

ENVIRO FIRE WATER & AIR LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Financial commitments

The company had no material capital commitments at the financial year-ended 31 May 2024.

ENVIRO FIRE WATER & AIR LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Related party transactions

Name of the related party:
Relationship:
Related Party
Description of the Transaction: Loan to the related party.
£
Balance at 01 June 2023 3,886
Balance at 31 May 2024 730

ENVIRO FIRE WATER & AIR LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

7. Post balance sheet events

There have been no significant events affecting the company since the financial year-end.