REGISTERED NUMBER: 02898515 (England and Wales)

LIFELINE FIRE AND SAFETY SYSTEMS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J E Morris

J A Iley

REGISTERED OFFICE:

Falkland Close

Charter Avenue Industrial Estate

Coventry

West Midlands

CV4 8AU

REGISTERED NUMBER:

02898515 (England and Wales)

ACCOUNTANTS:

Sephton & Company LLP

Chartered Certified Accountants

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

BANKERS:

National Westminster Bank plc

Balsall Common & Berkswell Branch

299 Kenilworth Road

Balsall Common

Coventry

West Midlands

CV37 7WY

FIXED ASSETS

Tangible assets

4

194,580

208,768

Investments

5

100

-

194,680

208,768

CURRENT ASSETS

Stocks

1,075,786

886,629

Debtors

6

1,190,680

1,399,700

Cash at bank

2,126,046

1,722,759

4,392,512

4,009,088

CREDITORS

Amounts falling due within one year

7

1,164,580

929,888

NET CURRENT ASSETS

3,227,932

3,079,200

TOTAL ASSETS LESS CURRENT LIABILITIES

3,422,612

3,287,968

PROVISIONS FOR LIABILITIES

25,393

27,586

NET ASSETS

3,397,219

3,260,382

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

3,396,219

3,259,382

SHAREHOLDERS' FUNDS

3,397,219

3,260,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 2 October 2025 and were signed on its behalf by:

J E Morris - Director

1.	STATUTORY INFORMATION

Lifeline Fire And Safety Systems 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 presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

2% on reducing balance

Plant and machinery

-

20% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 43 (2024 - 36 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

95,873

351,957

94,192

Additions

-

17,235

-

At 31 March 2025

95,873

369,192

94,192

DEPRECIATION

At 1 April 2024

16,877

308,511

60,608

Charge for year

1,919

16,727

4,996

At 31 March 2025

18,796

325,238

65,604

NET BOOK VALUE

At 31 March 2025

77,077

43,954

28,588

At 31 March 2024

78,996

43,446

33,584

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

87,262

105,249

734,533

Additions

-

11,678

28,913

At 31 March 2025

87,262

116,927

763,446

DEPRECIATION

At 1 April 2024

54,345

85,424

525,765

Charge for year

8,226

11,233

43,101

At 31 March 2025

62,571

96,657

568,866

NET BOOK VALUE

At 31 March 2025

24,691

20,270

194,580

At 31 March 2024

32,917

19,825

208,768

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

100

At 31 March 2025

100

NET BOOK VALUE

At 31 March 2025

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

1,099,408

1,297,737

Amounts owed by group undertakings

-

40,000

Other debtors

91,272

61,963

1,190,680

1,399,700

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

603,535

446,352

Amounts owed to group undertakings

148,131

51,990

Taxation and social security

188,880

203,952

Other creditors

224,034

227,594

1,164,580

929,888