Fire Investigation Risk Evaluation Consultancy Ltd 09291637 false 2023-12-01 2024-11-30 2024-11-30 The principal activity of the company is Consultants Digita Accounts Production Advanced 6.30.9574.0 true 09291637 2023-12-01 2024-11-30 09291637 2024-11-30 09291637 bus:OrdinaryShareClass1 2024-11-30 09291637 core:CurrentFinancialInstruments 2024-11-30 09291637 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 09291637 core:Non-currentFinancialInstruments core:AfterOneYear 2024-11-30 09291637 core:FurnitureFittingsToolsEquipment 2024-11-30 09291637 core:LandBuildings 2024-11-30 09291637 core:MotorVehicles 2024-11-30 09291637 bus:SmallEntities 2023-12-01 2024-11-30 09291637 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 09291637 bus:FilletedAccounts 2023-12-01 2024-11-30 09291637 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 09291637 bus:RegisteredOffice 2023-12-01 2024-11-30 09291637 bus:CompanySecretaryDirector1 2023-12-01 2024-11-30 09291637 bus:OrdinaryShareClass1 2023-12-01 2024-11-30 09291637 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09291637 bus:Agent1 2023-12-01 2024-11-30 09291637 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-01 2024-11-30 09291637 core:OtherResidualIntangibleAssets 2023-12-01 2024-11-30 09291637 core:FurnitureFittings 2023-12-01 2024-11-30 09291637 core:FurnitureFittingsToolsEquipment 2023-12-01 2024-11-30 09291637 core:LandBuildings 2023-12-01 2024-11-30 09291637 core:MotorVehicles 2023-12-01 2024-11-30 09291637 core:OfficeEquipment 2023-12-01 2024-11-30 09291637 core:Vehicles 2023-12-01 2024-11-30 09291637 countries:Wales 2023-12-01 2024-11-30 09291637 2023-11-30 09291637 core:FurnitureFittingsToolsEquipment 2023-11-30 09291637 core:LandBuildings 2023-11-30 09291637 core:MotorVehicles 2023-11-30 09291637 2022-12-01 2023-11-30 09291637 2023-11-30 09291637 bus:OrdinaryShareClass1 2023-11-30 09291637 core:CurrentFinancialInstruments 2023-11-30 09291637 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 09291637 core:Non-currentFinancialInstruments core:AfterOneYear 2023-11-30 09291637 core:FurnitureFittingsToolsEquipment 2023-11-30 09291637 core:LandBuildings 2023-11-30 09291637 core:MotorVehicles 2023-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09291637

Fire Investigation Risk Evaluation Consultancy Ltd

Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 November 2024

 

Fire Investigation Risk Evaluation Consultancy Ltd

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 9

 

Fire Investigation Risk Evaluation Consultancy Ltd

Company Information

Director

Mr Jason David Hill

Company secretary

Mr Jason David Hill

Registered office

Ty Abraham Barn
Treneddyn Farm
Crosshands Road
Swansea
SA4 0FP

Accountants

J Rhiannon Evans FCA t/a AIMS Accountants for Business
AIMS - Accountants for BusinessLlygaid Y Gath
126 West Cross Lane
West Cross
Swansea
SA3 5NG

 

Fire Investigation Risk Evaluation Consultancy Ltd

(Registration number: 09291637)
Abridged Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

29,968

35,819

Tangible assets

5

169,713

157,504

 

199,681

193,323

Current assets

 

Stocks

6

21,219

4,692

Debtors

314,915

204,830

Cash at bank and in hand

 

255,549

242,217

 

591,683

451,739

Creditors: Amounts falling due within one year

(106,002)

(116,131)

Net current assets

 

485,681

335,608

Total assets less current liabilities

 

685,362

528,931

Creditors: Amounts falling due after more than one year

(22,000)

(22,000)

Accruals and deferred income

 

(2,409)

(1,558)

Net assets

 

660,953

505,373

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

660,952

505,372

Shareholders' funds

 

660,953

505,373

For the financial year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 August 2025
 

 

Fire Investigation Risk Evaluation Consultancy Ltd

(Registration number: 09291637)
Abridged Balance Sheet as at 30 November 2024

.........................................
Mr Jason David Hill
Company secretary and director

 

Fire Investigation Risk Evaluation Consultancy Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2024

1

General information

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

The address of its registered office is:
Ty Abraham Barn
Treneddyn Farm
Crosshands Road
Swansea
SA4 0FP

These financial statements were authorised for issue by the director on 30 August 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 abridged 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 abridged 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.

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.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current 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.

 

Fire Investigation Risk Evaluation Consultancy Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2024

Tangible assets

Tangible assets are stated in the balance sheet 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

Freehold Property

10% Straight Line

Fixtures & Fittings

15% Straight Line

Motor Vehicles

20% Straight Line

Office Equipment

20% Straight Line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Development Costs

20% Straight Line

Personalised Number Plate

5% Straight Line

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

Fire Investigation Risk Evaluation Consultancy Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

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.

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 the director) during the year, was 9 (2023 - 6).

 

Fire Investigation Risk Evaluation Consultancy Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2024

4

Intangible assets

Total
£

Cost or valuation

At 1 December 2023

77,541

At 30 November 2024

77,541

Amortisation

At 1 December 2023

41,722

Amortisation charge

5,851

At 30 November 2024

47,573

Carrying amount

At 30 November 2024

29,968

At 30 November 2023

35,819

5

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 December 2023

47,148

125,123

40,032

212,303

Additions

-

65,899

14,200

80,099

At 30 November 2024

47,148

191,022

54,232

292,402

Depreciation

At 1 December 2023

6,166

45,556

3,077

54,799

Charge for the year

4,715

52,959

10,216

67,890

At 30 November 2024

10,881

98,515

13,293

122,689

Carrying amount

At 30 November 2024

36,267

92,507

40,939

169,713

At 30 November 2023

40,982

79,567

36,955

157,504

Included within the net book value of land and buildings above is £36,268 (2023 - £40,983) in respect of freehold land and buildings.
 

 

Fire Investigation Risk Evaluation Consultancy Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2024

6

Stocks

2024
£

2023
£

Other inventories

21,219

4,692

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

1

1

1

1

       

8

Dividends

2024

2023

£

£

Interim dividend of £500.00 (2023 - £4,000.00) per ordinary share

500

4,000

 

 

9

Related party transactions

 

Fire Investigation Risk Evaluation Consultancy Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2024

Director's remuneration

The director's remuneration for the year was as follows:

2024
£

2023
£

Remuneration

64,861

55,752