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Registration number: 03798539

Fire Protection Centre Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Fire Protection Centre Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

Fire Protection Centre Limited

Company Information

Directors

Mrs J Holden

Mr T Lincoln

Mr D C Holden

Mr B Holden

Registered office

15 Atkinson Way
Foxhills Industrial Estate
Scunthorpe
North Lincolnshire
DN15 8QJ

 

Fire Protection Centre Limited

(Registration number: 03798539)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

71,314

80,594

Current assets

 

Stocks

344,441

422,639

Debtors

5

596,485

605,858

Cash at bank and in hand

 

30,666

22,733

 

971,592

1,051,230

Creditors: Amounts falling due within one year

6

(502,384)

(587,904)

Net current assets

 

469,208

463,326

Total assets less current liabilities

 

540,522

543,920

Creditors: Amounts falling due after more than one year

6

(20,491)

(30,386)

Provisions for liabilities

(6,870)

(9,980)

Net assets

 

513,161

503,554

Capital and reserves

 

Called up share capital

26,219

26,219

Capital redemption reserve

12,481

12,481

Retained earnings

474,461

464,854

Shareholders' funds

 

513,161

503,554

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 July 2025 and signed on its behalf by:
 

 

Fire Protection Centre Limited

(Registration number: 03798539)
Balance Sheet as at 31 March 2025

.........................................
Mr B Holden
Director

 

Fire Protection Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The Company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
15 Atkinson Way
Foxhills Industrial Estate
Scunthorpe
North Lincolnshire
DN15 8QJ

These financial statements were authorised for issue by the Board on 7 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

The financial statements cover the individual entity, Fire Protection Centre Limited.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

 

Fire Protection Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% on reducing balance

Motor vehicles

25% on reducing balance

Office equipment

25% on reducing balance

Improvements to property

20% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stock has been valued at the estimated selling price less costs to complete and sell. In respect of work in progress, cost includes a relevant proprtion of overheads according to the stage of completion.

Borrowings

 

Fire Protection Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 11 (2024 - 12).

 

Fire Protection Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2024

13,796

172,991

32,275

219,062

Additions

7,061

4,371

-

11,432

At 31 March 2025

20,857

177,362

32,275

230,494

Depreciation

At 1 April 2024

2,148

135,312

1,009

138,469

Charge for the year

3,200

9,694

7,817

20,711

At 31 March 2025

5,348

145,006

8,826

159,180

Carrying amount

At 31 March 2025

15,509

32,356

23,449

71,314

At 31 March 2024

11,649

37,679

31,266

80,594

Included within the net book value of land and buildings above is £15,509 (2024 - £11,649) in respect of long leasehold land and buildings.
 

5

Debtors

Current

Note

2025
£

2024
£

Trade debtors

 

472,251

494,096

Amounts owed by related parties

8

-

203

Other debtors

 

124,234

111,559

   

596,485

605,858

 

Fire Protection Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

10,831

11,057

Trade creditors

 

246,448

300,504

Amounts owed to Company undertakings and undertakings in which the Company has a participating interest

8

189,224

210,175

Taxation and social security

 

40,462

58,329

Accruals and deferred income

 

14,467

6,124

Other creditors

 

952

1,715

 

502,384

587,904

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

20,491

30,386


Secured liabilties in the accounts totalled £30,386 (2024 £40,819), these have been secured against the assets purchased under hire purhcase agreements.

7

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £54,167 (2024 - £79,167).

8

Related party transactions

 

Fire Protection Centre Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Summary of transactions with subsidiaries

The company has taken advantage of exemption, under the terms of FRS102 'The Financial Reporting Standard applicable in the UK and Republic if Ireland' not to disclose related party transactions with wholly owned subsidiaries within the group.

9

Parent and ultimate parent undertaking


The company has taken advantage of exemption, under the terms of FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' not to disclose related party transactions with its parent company Rightaction Group Limited.


 The Company's immediate parent is Rightaction Group Limited, incorporated in England and Wales.

 The ultimate controlling party is Barrie Holden.