Registered number
08715419
Lancashire Fire Protection Limited
Filleted Accounts
31 March 2025
Lancashire Fire Protection Limited
Registered number: 08715419
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Intangible assets 3 - 2,000
Tangible assets 4 32,761 19,070
32,761 21,070
Current assets
Stocks 875 875
Debtors 5 21,998 19,667
Cash at bank and in hand 48,010 54,065
70,883 74,607
Creditors: amounts falling due within one year 6 (35,513) (34,742)
Net current assets 35,370 39,865
Total assets less current liabilities 68,131 60,935
Creditors: amounts falling due after more than one year 7 - (250)
Net assets 68,131 60,685
Capital and reserves
Called up share capital 2 2
Profit and loss account 68,129 60,683
Shareholders' funds 68,131 60,685
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr G Collier
Director
Approved by the board on 27 May 2025
Lancashire Fire Protection Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles 20% reducing balance
Plant and machinery 20% reducing balance
Fixtures, fittings, tools and equipment 20% reducing balance
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.
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.
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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 5 4
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2024 20,000
At 31 March 2025 20,000
Amortisation
At 1 April 2024 18,000
Provided during the year 2,000
At 31 March 2025 20,000
Net book value
At 31 March 2025 -
At 31 March 2024 2,000
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2024 13,048 52,909 65,957
Additions 3,492 16,650 20,142
At 31 March 2025 16,540 69,559 86,099
Depreciation
At 1 April 2024 7,125 39,762 46,887
Charge for the year 1,272 5,179 6,451
At 31 March 2025 8,397 44,941 53,338
Net book value
At 31 March 2025 8,143 24,618 32,761
At 31 March 2024 5,923 13,147 19,070
5 Debtors 2025 2024
£ £
Trade debtors 21,998 19,667
6 Creditors: amounts falling due within one year 2025 2024
£ £
Obligations under finance lease and hire purchase contracts 250 499
Taxation and social security costs 26,428 25,563
Other creditors 8,835 8,680
35,513 34,742
7 Creditors: amounts falling due after one year 2025 2024
£ £
Obligations under finance lease and hire purchase contracts - 250
8 Other information
Lancashire Fire Protection Limited is a private company limited by shares and incorporated in England. Its registered office is:
236 Brownedge Road
Bamber Bridge
Preston
Lancashire
PR5 6UX
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