Company No:
Contents
| Director | D C Laing |
| Secretary | Reeves Company Secretarial Limited |
| Registered office | 11 Bracken Hill |
| Walderslade | |
| Chatham | |
| Kent | |
| ME5 9QQ | |
| United Kingdom |
| Company number | 06064529 (England and Wales) |
| Accountant | Kreston Reeves LLP |
| 2nd Floor, Maritime Place | |
| Quayside | |
| Chatham Maritime | |
| Chatham | |
| Kent | |
| ME4 4QZ |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.
It is your duty to ensure that Laing Fire Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Laing Fire Limited. You consider that Laing Fire Limited is exempt from the statutory audit requirement for the financial year.
We have not been instructed to carry out an audit or a review of the financial statements of Laing Fire Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chartered Accountants
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QZ
| Note | 2025 | 2024 | ||
| £ | £ | |||
| Fixed assets | ||||
| Tangible assets | 3 |
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| 117 | 258 | |||
| Current assets | ||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| 72,198 | 80,923 | |||
| Creditors: amounts falling due within one year | 5 | (
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| Net current assets | 44,748 | 56,340 | ||
| Total assets less current liabilities | 44,865 | 56,598 | ||
| Provision for liabilities | 6 | (
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| Profit and loss account |
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| Total shareholder's funds |
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Director's responsibilities:
The financial statements of Laing Fire Limited (registered number:
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D C Laing
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Laing Fire Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 11 Bracken Hill, Walderslade, Chatham, Kent, ME5 9QQ, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.
| Office equipment |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
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| Number | Number | ||
| Monthly average number of persons employed by the Company during the year, including the director |
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| Office equipment | Total | ||
| £ | £ | ||
| Cost | |||
| At 01 February 2024 |
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| At 31 January 2025 |
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| Accumulated depreciation | |||
| At 01 February 2024 |
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| Charge for the financial year |
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| At 31 January 2025 |
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| Net book value | |||
| At 31 January 2025 |
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| At 31 January 2024 |
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| £ | £ | ||
| Trade debtors |
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| Other debtors |
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| £ | £ | ||
| Taxation and social security |
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| Other creditors |
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| £ | £ | ||
| At the beginning of financial year | (
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| Charged to profit or loss |
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| At the end of financial year | (
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Commitments
Total future minimum lease payments under non-cancellable operating leases are as follows:
| 2025 | 2024 | ||
| £ | £ | ||
| within one year |
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| between one and five years |
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During the year the company paid dividends to the sole director and shareholder of the company totalling £71,500 (2024: £59,000). At the balance sheet date, the company owed the director £312 (2024: £1,449) which is shown within other creditors.
All other transactions that arose with related parties during the current and prior years, including director's remuneration payable, were done so under normal market conditions.