REGISTERED NUMBER: 09835281 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

FIRE-MECH FIXINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P J Hollis

D L Parker

REGISTERED OFFICE:

Unit 3 Urban Park

George Stephenson Ave

Kingsway

Rochdale

Lancashire

OL16 4UP

REGISTERED NUMBER:

09835281 (England and Wales)

AUDITORS:

Cresswells Accountants (UK) Limited

Chartered Accountants

and Statutory Auditors

12 Market Street

Hebden Bridge

West Yorkshire

HX7 6AD

FIXED ASSETS

Tangible assets

4

636,783

650,259

CURRENT ASSETS

Stocks

2,488,125

2,071,550

Debtors

5

2,015,364

2,100,349

Cash at bank

20,274

49,349

4,523,763

4,221,248

CREDITORS

Amounts falling due within one year

6

2,420,971

2,337,214

NET CURRENT ASSETS

2,102,792

1,884,034

TOTAL ASSETS LESS CURRENT LIABILITIES

2,739,575

2,534,293

CREDITORS

Amounts falling due after more than one year

7

(201,356

)

(298,224

)

PROVISIONS FOR LIABILITIES

(149,731

)

(148,626

)

NET ASSETS

2,388,488

2,087,443

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

2,388,388

2,087,343

SHAREHOLDERS' FUNDS

2,388,488

2,087,443

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 9th September 2025 and were signed on its behalf by:

D L Parker - Director

1.	STATUTORY INFORMATION

Fire-mech Fixings 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.

The functional and the presentation currency for the company is considered to be Pound Sterling (£) because that is the currency of the primary economic environment in which the company operates. The financial statements have been prepared using round pounds only.

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

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

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods has been transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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.

Improvements to property

-

over 10 years

Plant and machinery

-

over 7 years

Fixtures and fittings

-

over 5 years

Stocks

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

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

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2024 - 29 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1st April 2024

41,945

597,363

65,682

190,795

895,785

Additions

6,656

92,408

450

50,745

150,259

Disposals

-

(33,028

)

-

-

(33,028

)

At 31st March 2025

48,601

656,743

66,132

241,540

1,013,016

DEPRECIATION

At 1st April 2024

7,284

145,300

24,975

67,967

245,526

Charge for year

4,741

85,816

11,023

39,378

140,958

Eliminated on disposal

-

(10,251

)

-

-

(10,251

)

At 31st March 2025

12,025

220,865

35,998

107,345

376,233

NET BOOK VALUE

At 31st March 2025

36,576

435,878

30,134

134,195

636,783

At 31st March 2024

34,661

452,063

40,707

122,828

650,259

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st April 2024

and 31st March 2025

201,086

135,691

336,777

DEPRECIATION

At 1st April 2024

21,545

57,922

79,467

Charge for year

28,727

26,450

55,177

At 31st March 2025

50,272

84,372

134,644

NET BOOK VALUE

At 31st March 2025

150,814

51,319

202,133

At 31st March 2024

179,541

77,769

257,310

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,859,090

1,728,463

Amounts owed by group undertakings

7,491

230,658

Other debtors

29,587

12,421

Tax

-

14,570

Prepayments and accrued income

119,196

114,237

2,015,364

2,100,349

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

41,104

41,104

Hire purchase contracts

54,396

72,655

Trade creditors

1,349,585

1,546,296

Tax

108,727

-

Social security and other taxes

38,773

29,994

VAT

76,952

22,690

Other creditors

46,456

8,664

Invoice Factoring

684,711

593,692

Directors' current accounts

537

584

Accrued expenses

17,343

19,455

Deferred government grants

2,387

2,080

2,420,971

2,337,214

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

41,104

41,104

Bank loans - 2-5 years

53,385

89,483

Hire purchase contracts

106,867

165,250

Deferred government grants

-

2,387

201,356

298,224

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

135,593

171,691

Hire purchase contracts

161,263

237,905

Invoice factoring

684,711

593,692

981,567

1,003,288

The company's bankers Nat West Bank Plc have a fixed and floating charge over the assets of the company by way of a debenture dated 5th November 2015.

Obligations under hire purchase are secured against the asset to which they relate.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

91

Ordinary

£1

91

91

9

Ordinary A

£1

9

9

100

100

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Sarah Helliwell BFP ACA FCCA FMAAT (Senior Statutory Auditor)

for and on behalf of Cresswells Accountants (UK) Limited

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

£

P J Hollis

Balance outstanding at start of year

-

8,306

Amounts advanced

-

36,694

Amounts repaid

-

(45,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

12.	ULTIMATE PARENT COMPANY

A & F Sprinklers Limited is regarded by the directors as being the company's ultimate parent company.

A & F Sprinklers Limited prepare group financial statements and copies may be obtained from the registrar of companies, Companies House, Cardiff.

The directors are of the opinion that there is no one ultimate controlling party.