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REGISTERED NUMBER: 03640421 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Pyrotect Limited

Pyrotect Limited (Registered number: 03640421)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pyrotect Limited

Company Information
for the year ended 31 December 2024







DIRECTORS: R J Morgan
Mrs M J Mee
C Goodison
G L Fieldsend





SECRETARY: S Goodison





REGISTERED OFFICE: Unit F1
Tom Bill Way
Ashby de la Zouch
Leicestershire
LE65 2UY





REGISTERED NUMBER: 03640421 (England and Wales)





ACCOUNTANTS: Clayton & Brewill
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR

Pyrotect Limited (Registered number: 03640421)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 148,165 201,917

CURRENT ASSETS
Inventories 5 212,996 131,300
Debtors 6 1,482,924 1,522,800
Prepayments and accrued income 434,979 62,183
Cash at bank and in hand 1,496,262 1,741,173
3,627,161 3,457,456
CREDITORS
Amounts falling due within one year 7 1,063,264 973,484
NET CURRENT ASSETS 2,563,897 2,483,972
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,712,062

2,685,889

PROVISIONS FOR LIABILITIES - (7,054 )

ACCRUALS AND DEFERRED INCOME (52,223 ) (61,149 )
NET ASSETS 2,659,839 2,617,686

CAPITAL AND RESERVES
Called up share capital 5,301 5,301
Share premium 19,609 19,609
Other reserves 300 300
Retained earnings 2,634,629 2,592,476
SHAREHOLDERS' FUNDS 2,659,839 2,617,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Pyrotect Limited (Registered number: 03640421)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2025 and were signed on its behalf by:





Mrs M J Mee - Director


Pyrotect Limited (Registered number: 03640421)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Pyrotect Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% of cost or valuation
Plant and machinery - 25% reducing balance
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance

Stocks
Inventories and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Pyrotect Limited (Registered number: 03640421)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Payments in respect of other post-retirement benefits are charged to profit or loss in the period to which they relate.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2023 - 30 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2024 18,521 49,371 49,227 310,722 427,841
Disposals - (17,455 ) (22,056 ) (16,626 ) (56,137 )
At 31 December 2024 18,521 31,916 27,171 294,096 371,704
DEPRECIATION
At 1 January 2024 3,421 33,697 41,232 147,574 225,924
Charge for year 603 2,867 1,627 40,039 45,136
Eliminated on disposal - (13,257 ) (20,599 ) (13,665 ) (47,521 )
At 31 December 2024 4,024 23,307 22,260 173,948 223,539
NET BOOK VALUE
At 31 December 2024 14,497 8,609 4,911 120,148 148,165
At 31 December 2023 15,100 15,674 7,995 163,148 201,917

5. INVENTORIES
2024 2023
£    £   
Stocks 100,350 93,679
Work-in-progress 112,646 37,621
212,996 131,300

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,239,782 1,385,607
Other debtors 26,501 7,999
Directors' current accounts 160,810 87,415
VAT 55,831 41,779
1,482,924 1,522,800

Pyrotect Limited (Registered number: 03640421)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 422,190 542,154
Amounts owed to group undertakings 590,483 298,575
Tax 4,608 68,431
Social security and other taxes 30,950 41,037
Other creditors 11,466 18,319
Directors' current accounts 3,567 4,968
1,063,264 973,484

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
C Goodison
Balance outstanding at start of year 87,415 28,098
Amounts advanced 80,351 59,897
Amounts repaid (6,956 ) (580 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 160,810 87,415

9. RELATED PARTY DISCLOSURES

At the 31st December 2024 the company owes £590,483 to Pyrotect Holdings Limited (2023: owed £298,575) and paid management charges for recharged expenses and costs of £417,602 (2023 £685,306).

10. ULTIMATE CONTROLLING PARTY

The controlling party is Pyrotect Holdings Limited.