PYROTEC SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025
Company Registration Number: 01416087

PYROTEC SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
CONTENTS | PAGES
Company information | 1
Balance sheet | 2 to 3
Notes to the financial statements |  |  |  |  |  | 4 to 8

PYROTEC SERVICES LIMITED
COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025
DIRECTORS
S P Pitts
J R Gregg
appointed 1 May 2024
J C Soames
appointed 1 May 2024
SECRETARY
S P Pitts
REGISTERED OFFICE
Avalon House
Marcham Road
Abingdon
Oxon
OX14 1TZ
COMPANY REGISTRATION NUMBER
01416087 England and Wales

PYROTEC SERVICES LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
|  |  | Notes |  | 2025 |  |  |  | 2024
|  |  |  |  | £ |  |  |  | £
FIXED ASSETS
Tangible assets | 5 |  |  |  | 249,348 |  |  |  | 105,207
CURRENT ASSETS
Stock | 133,022 |  |  |  | 119,264
Debtors | 6 |  | 929,325 |  |  |  | 1,376,330
Cash at bank and in hand | 3,024,031 |  |  |  | 2,119,128
|  |  |  |  | 4,086,378 |  |  |  | 3,614,722
CREDITORS: Amounts falling due within one year | 7 |  | 2,752,946 |  |  |  | 2,142,828
NET CURRENT ASSETS | 1,333,432 |  |  |  | 1,471,894
TOTAL ASSETS LESS CURRENT LIABILITIES | 1,582,780 |  |  |  | 1,577,101
Provisions for liabilities and charges | 56,277 |  |  |  | 19,564
NET ASSETS | 1,526,503 |  |  |  | 1,557,537
CAPITAL AND RESERVES
Called up share capital | 650 |  |  |  | 650
Distributable profit and loss account | 1,525,503 |  |  |  | 1,556,537
Capital redemption reserve | 350 |  |  |  | 350
SHAREHOLDER'S FUNDS | 1,526,503 |  |  |  | 1,557,537

PYROTEC SERVICES LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.
Signed on behalf of the board of directors
S P Pitts
Director
Date approved by the board: 9 October 2025

PYROTEC SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1 | GENERAL INFORMATION
| Pyrotec Services Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
| Avalon House
| Marcham Road
| Abingdon
| Oxon
| OX14 1TZ
| The financial statements are presented in Sterling, which is the functional currency of the company.
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
| Basis of preparation of financial statements
| These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.
| Revenue recognition

| Turnover is measured at the fair value of consideration received or receivable. It is recognised in respect of the design, supply, installation and maintenance of fire detection and monitoring equipment, emergency lighting systems and security systems services as soon as there is a right to consideration and is determined by reference to the value of the work performed. Turnover is stated net of trade discounts and value added tax.
| The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.

| Tangible fixed assets

| Fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

| Depreciation has been provided at the following rate so as to write off the cost or valuation of assets less residual value of the assets over their estimated useful lives.
| Equipment | Straight line basis at 25% per annum
| Leasehold property | Straight line basis at 5% per annum
| Motor vehicles | Straight line basis at 25% per annum
| On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses.

PYROTEC SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
| Financial Instruments
| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
| Financial assets are measured at cost and are assessed at the end of each reporting period for objective evidence of impairment. Where objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account.

| The impairment loss for financial assets measured at cost is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

| Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amount and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
| Impairment of non-financial assets

| At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account.
| Stocks are assessed for impairment at each reporting date. The carrying amount of each item of stock, or group of similar items, is compared with its selling price less cost to complete and sell. If an item of stock, or group of similar items, is impaired its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in the profit and loss account.
| If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account.

| Stock

| Stock has been valued at the lower of cost and estimated selling price less cost to complete and sell, after making due allowance for obsolete and slow-moving items. Cost comprises the cost of goods purchased valued on a standard cost basis.
| The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

PYROTEC SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
| Debtors

| Short term debtors are measured at transaction price, less any impairment.

| Creditors
| Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.
| Leases
| Leases are classified as finance leases when they transfer substantially all the risks and rewards of ownership of the leased assets to the company. Other leases that do not transfer substantially all the risks and rewards of ownership of the leased assets to the company are classified as operating leases.
| Payments applicable to operating leases are charged against profit on a straight line basis over the lease term.
| Long term contracts
| Long term contracts have been assessed on a contract-by-contract basis and reflected in the profit and loss account by recording revenue and related costs as contract activity progresses. Revenue is ascertained in a manner appropriate to the stage of completion of the contract, calculated by reference to the costs incurred at the balance sheet date, the business and the industry in which it operates. Profit is taken on long term contracts on a prudent basis and only when the final outcome of the project is reasonably certain.
| Taxation
| Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.
| Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

| Current and deferred tax assets and liabilities are not discounted.

PYROTEC SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
| Pensions
| The company operates a defined contribution pension scheme. The amount charged to the profit and loss account in respect of pension costs and other post-retirement benefits is the amount payable in the year. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments in the balance sheet.
3 | CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

| No significant accounting estimates and judgements have had to be made by the directors in preparing these financial statements.

4 | EMPLOYEES
| The average number of persons employed by the company (including directors) during the year was:
|  |  |  |  |  |  |  |  | 2025 |  | 2024
| Average number of employees | 47 |  | 43
5 | TANGIBLE ASSETS
|  |  |  |  | Equipment |  | Leasehold property |  | Motor vehicles |  | Total
|  |  |  |  | £ |  | £ |  | £ |  | £
| Cost
| At 1 April 2024 | 121,607 |  | 98,816 |  | 23,327 |  | 243,750
| Additions | 17,282 |  | - |  | 161,156 |  | 178,438
| Disposals | (10,236) |  | - |  | - |  | (10,236)
| At 31 March 2025 | 128,653 |  | 98,816 |  | 184,483 |  | 411,952
| Accumulated depreciation and impairments
| At 1 April 2024 | 96,715 |  | 40,856 |  | 972 |  | 138,543
| Charge for year | 10,975 |  | 4,941 |  | 14,338 |  | 30,254
| Disposals | (6,193) |  | - |  | - |  | (6,193)
| At 31 March 2025 | 101,497 |  | 45,797 |  | 15,310 |  | 162,604
| Net book value
| At 1 April 2024 | 24,892 |  | 57,960 |  | 22,355 |  | 105,207
| At 31 March 2025 | 27,156 |  | 53,019 |  | 169,173 |  | 249,348

PYROTEC SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
6 | DEBTORS
|  |  |  |  |  |  |  |  | 2025 |  | 2024
|  |  |  |  |  |  |  |  | £ |  | £
| Trade debtors | 840,819 |  | 1,289,248
| Prepayments and accrued income | 67,680 |  | 80,455
| Other debtors | 20,826 |  | 6,627
|  |  |  |  |  |  |  |  | 929,325 |  | 1,376,330
7 | CREDITORS: Amounts falling due within one year
|  |  |  |  |  |  |  |  | 2025 |  | 2024
|  |  |  |  |  |  |  |  | £ |  | £
| Trade creditors | 249,139 |  | 310,999
| Taxation and social security | 646,568 |  | 549,480
| Accruals and deferred income | 644,789 |  | 565,590
| Other creditors | 1,212,450 |  | 716,759
|  |  |  |  |  |  |  |  | 2,752,946 |  | 2,142,828
8 | CONTINGENCIES AND COMMITMENTS
| Other Commitments
| Amounts falling due under operating leases: | 2025 |  | 2024
|  |  |  |  |  |  |  |  | £ |  | £
| In less than one year | 212,775 |  | 196,746
| In more than one but less than five years | 563,054 |  | 416,744
| In more than five years | 395,600 |  | 370,875
|  |  |  |  |  |  |  |  | 1,171,429 |  | 984,365
9 | RELATED PARTY TRANSACTIONS
| The company has claimed exemptions from reporting disclosure of related party transactions with the following wholly owned group members:
| Pyrotec Holdings Limited | Parent company

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