2024-02-01 04991541 2025-01-31 04991541 2024-02-01 2025-01-31 04991541 2024-01-31 04991541 2023-02-01 2024-01-31 04991541 uk-core:WithinOneYear 2024-01-31 04991541 uk-core:WithinOneYear 2025-01-31 04991541 uk-core:AfterOneYear 2024-01-31 04991541 uk-core:AfterOneYear 2025-01-31 04991541 uk-core:ShareCapital 2025-01-31 04991541 uk-core:ShareCapital 2024-01-31 04991541 uk-core:RetainedEarningsAccumulatedLosses 2025-01-31 04991541 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 04991541 uk-bus:Director1 2024-02-01 2025-01-31 04991541 uk-core:PlantMachinery 2024-02-01 2025-01-31 04991541 uk-core:ComputerEquipment 2024-02-01 2025-01-31 04991541 uk-core:MotorVehicles 2024-02-01 2025-01-31 04991541 uk-core:FurnitureFittings 2024-02-01 2025-01-31 04991541 uk-core:ComputerEquipment 2024-01-31 04991541 uk-core:FurnitureFittings 2024-01-31 04991541 uk-core:MotorVehicles 2024-01-31 04991541 uk-core:PlantMachinery 2024-01-31 04991541 uk-core:MotorVehicles 2025-01-31 04991541 uk-core:FurnitureFittings 2025-01-31 04991541 uk-core:ComputerEquipment 2025-01-31 04991541 uk-core:PlantMachinery 2025-01-31 04991541 uk-core:WithinOneYear uk-core:Secured 2025-01-31 04991541 uk-core:WithinOneYear uk-core:Secured 2024-01-31 iso4217:GBP xbrli:pure 04991541 uk-bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 04991541 uk-bus:FRS102 2024-02-01 2025-01-31 04991541 uk-bus:FilletedAccounts 2024-02-01 2025-01-31 04991541 uk-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31
Eternal Flame Fires & Fireplaces Ltd
Registered Number:04991541
For the year ended 31 January 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2025
Eternal Flame Fires & Fireplaces Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
04991541
As at 31 January 2025
Eternal Flame Fires & Fireplaces Ltd
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
19,937
6,260
2
19,937
6,260
Current assets
Inventories
42,000
51,665
3
Trade and other receivables
11,336
17,821
4
10,108
Cash and cash equivalents
3,997
73,483
63,444
Trade and other payables: amounts falling due within one
year
(10,317)
(22,537)
5
53,127
50,946
Net current assets
Total assets less current liabilities
70,883
59,387
Trade and other payables: amounts falling due after more
than one year
(58,200)
(57,750)
6
(578)
(794)
Provisions for liabilities
12,555
Net assets
393
Capital and reserves
Called up share capital
2
2
Retained earnings
12,553
391
12,555
393
Shareholders' funds
For the year ended 31 January 2025 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 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ms J Tattum Director
These financial statements were approved and authorised for issue by the Board on 03 June 2025 and were signed by:
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4
Registered Number :
04991541
For the year ended 31 January 2025
Eternal Flame Fires & Fireplaces Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 January 2025
Eternal Flame Fires & Fireplaces Ltd
Notes to the Financial Statements
Statutory Information
Eternal Flame Fires & Fireplaces Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04991541.
Registered address:
Unit 1
Mochdre Business Park
Mochdre, Colwyn Bay
Conwy
LL28 5HF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
10% Straight line
20% Straight line
Computer Equipment
20% Straight line
Motor Vehicles
10% Straight line
Fixtures and Fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
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6
For the year ended 31 January 2025
Eternal Flame Fires & Fireplaces Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Fixtures and
Fittings
Motor
Vehicles
Plant and
Machinery
£
£
£
£
£
Cost or
valuation
At 01 February 2024
47,455
415
31,103
15,039
898
15,187
-
15,187
-
-
Additions
At 31 January 2025
15,039
46,290
415
62,642
898
Provision for depreciation and impairment
At 01 February 2024
41,195
315
28,433
11,799
648
Charge for year
1,510
100
1,320
-
90
At 31 January 2025
42,705
415
29,753
11,799
738
At 31 January 2025
Net book value
160
3,240
16,537
-
19,937
At 31 January 2024
250
3,240
2,670
100
6,260
3. Inventories
2024
2025
£
£
Stocks
51,665
42,000
4. Trade and other receivables
2024
2025
£
£
Trade debtors
13,387
6,945
Prepayments and accrued income
4,434
4,391
11,336
17,821
5. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Bank loans and overdraft (secured)
4,817
4,516
Trade creditors
12,122
-
Taxation and social security
4,848
5,051
Accruals and deferred income
750
750
22,537
10,317
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7
For the year ended 31 January 2025
Eternal Flame Fires & Fireplaces Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2024
2025
£
£
Bank loans and overdraft (secured)
30,778
35,596
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
93
-
22,604
26,879
Directors' loan accounts
57,750
58,200
7. Average number of persons employed
During the year the average number of employees was 2 (2024 : 2)
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