IRIS Accounts Production v25.2.0.378 14677495 Board of Directors Board of Directors 1.3.24 28.2.25 28.2.25 false true false false true false Ordinary A Shares 1.00000 Ordinary B Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh146774952024-02-29146774952025-02-28146774952024-03-012025-02-28146774952023-02-19146774952023-02-202024-02-29146774952024-02-2914677495ns15:EnglandWales2024-03-012025-02-2814677495ns14:PoundSterling2024-03-012025-02-2814677495ns10:Director12024-03-012025-02-2814677495ns10:Director22024-03-012025-02-2814677495ns10:PrivateLimitedCompanyLtd2024-03-012025-02-2814677495ns10:SmallEntities2024-03-012025-02-2814677495ns10:AuditExempt-NoAccountantsReport2024-03-012025-02-2814677495ns10:SmallCompaniesRegimeForDirectorsReport2024-03-012025-02-2814677495ns10:SmallCompaniesRegimeForAccounts2024-03-012025-02-2814677495ns10:FullAccounts2024-03-012025-02-2814677495ns10:OrdinaryShareClass12024-03-012025-02-2814677495ns10:OrdinaryShareClass22024-03-012025-02-2814677495ns10:Director32024-03-012025-02-2814677495ns10:Director42024-03-012025-02-2814677495ns10:RegisteredOffice2024-03-012025-02-2814677495ns5:CurrentFinancialInstruments2025-02-2814677495ns5:CurrentFinancialInstruments2024-02-2914677495ns5:Non-currentFinancialInstruments2025-02-2814677495ns5:Non-currentFinancialInstruments2024-02-2914677495ns5:ShareCapital2025-02-2814677495ns5:ShareCapital2024-02-2914677495ns5:RetainedEarningsAccumulatedLosses2025-02-2814677495ns5:RetainedEarningsAccumulatedLosses2024-02-2914677495ns5:PlantMachinery2024-03-012025-02-2814677495ns5:FurnitureFittings2024-03-012025-02-2814677495ns5:MotorVehicles2024-03-012025-02-2814677495ns5:ComputerEquipment2024-03-012025-02-2814677495ns5:PlantMachinery2024-02-2914677495ns5:FurnitureFittings2024-02-2914677495ns5:MotorVehicles2024-02-2914677495ns5:ComputerEquipment2024-02-2914677495ns5:PlantMachinery2025-02-2814677495ns5:FurnitureFittings2025-02-2814677495ns5:MotorVehicles2025-02-2814677495ns5:ComputerEquipment2025-02-2814677495ns5:PlantMachinery2024-02-2914677495ns5:FurnitureFittings2024-02-2914677495ns5:MotorVehicles2024-02-2914677495ns5:ComputerEquipment2024-02-2914677495ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-02-2914677495ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-03-012025-02-2814677495ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2025-02-2814677495ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-02-2914677495ns5:WithinOneYearns5:CurrentFinancialInstruments2025-02-2814677495ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2914677495ns10:OrdinaryShareClass12025-02-2814677495ns10:OrdinaryShareClass22025-02-28
REGISTERED NUMBER: 14677495 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

PHF FIRE LTD

PHF FIRE LTD (REGISTERED NUMBER: 14677495)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PHF FIRE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: P H Faulkner
Mrs L Faulkner
J P Faulkner
S H Faulkner





REGISTERED OFFICE: Rae House
Dane Street
Bishops Stortford
Herts
CM23 3BT





BUSINESS ADDRESS: 16 Twyford Business Centre
Bishops Stortford
Herts
CM23 3YT





REGISTERED NUMBER: 14677495 (England and Wales)





ACCOUNTANTS: Barrow LLP
Rae House
Dane Street
Bishops Stortford
Herts
CM23 3BT

PHF FIRE LTD (REGISTERED NUMBER: 14677495)

BALANCE SHEET
28 FEBRUARY 2025

28.2.25 29.2.24
Notes £    £   
FIXED ASSETS
Tangible assets 5 67,188 86,700

CURRENT ASSETS
Stocks 10,000 10,000
Debtors 6 685,794 471,397
Cash at bank 1,094,347 708,642
1,790,141 1,190,039
CREDITORS
Amounts falling due within one year 7 (877,143 ) (908,878 )
NET CURRENT ASSETS 912,998 281,161
TOTAL ASSETS LESS CURRENT LIABILITIES 980,186 367,861

CREDITORS
Amounts falling due after more than one year 8 (34,861 ) (112,399 )

PROVISIONS FOR LIABILITIES (2,190 ) (5,006 )
NET ASSETS 943,135 250,456

CAPITAL AND RESERVES
Called up share capital 10 600 600
Retained earnings 942,535 249,856
SHAREHOLDERS' FUNDS 943,135 250,456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

PHF FIRE LTD (REGISTERED NUMBER: 14677495)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 Profit & Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2025 and were signed on its behalf by:




P H Faulkner - Director



Mrs L Faulkner - Director


PHF FIRE LTD (REGISTERED NUMBER: 14677495)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

PHF Fire Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant & equipment - 20% on cost
Fixtures & office equipment - 15% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments are initially recognised at fair value, unless payment for an asset is deferred upon normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.


PHF FIRE LTD (REGISTERED NUMBER: 14677495)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account and Retained Earnings, 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 22 ) .

PHF FIRE LTD (REGISTERED NUMBER: 14677495)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

5. TANGIBLE FIXED ASSETS
Fixtures
Plant & & office Motor Computer
equipment equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2024 1,292 868 86,873 12,532 101,565
Additions - - - 3,095 3,095
At 28 February 2025 1,292 868 86,873 15,627 104,660
DEPRECIATION
At 1 March 2024 61 74 12,064 2,666 14,865
Charge for year 258 130 18,704 3,515 22,607
At 28 February 2025 319 204 30,768 6,181 37,472
NET BOOK VALUE
At 28 February 2025 973 664 56,105 9,446 67,188
At 29 February 2024 1,231 794 74,809 9,866 86,700

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 March 2024
and 28 February 2025 8,697
DEPRECIATION
At 1 March 2024 1,268
Charge for year 1,857
At 28 February 2025 3,125
NET BOOK VALUE
At 28 February 2025 5,572
At 29 February 2024 7,429

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 644,942 457,373
Other debtors 40,852 14,024
685,794 471,397

PHF FIRE LTD (REGISTERED NUMBER: 14677495)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 83,667 83,667
Hire purchase contracts 843 3,371
Trade creditors 112,224 53,343
Taxation and social security 439,028 225,495
Other creditors 241,381 543,002
877,143 908,878

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans 34,861 111,556
Hire purchase contracts - 843
34,861 112,399

9. SECURED DEBTS

The following secured debts are included within creditors:

28.2.25 29.2.24
£    £   
Hire purchase contracts 843 4,214

The hire purchase liability is secured by the related asset.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
300 Ordinary A Shares £1 300 300
300 Ordinary B Shares £1 300 300
600 600