REGISTERED NUMBER: 04175030 (England and Wales)

FIRELOG LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K Bagga

Mrs P Bagga

SECRETARY:

Mrs P Bagga

REGISTERED OFFICE:

Primehide Willowtree Marina

West Quay Drive

Hayes

Middlesex

UB4 9TA

REGISTERED NUMBER:

04175030 (England and Wales)

ACCOUNTANTS:

Benifacts Accountants Ltd

Chartered Certified Accountants

Ashley House

97 London Road

Langley

Slough

Berkshire

SL3 7RS

FIXED ASSETS

Tangible assets

4

86,171

104,845

CURRENT ASSETS

Stocks

259,000

245,000

Debtors

5

127,233

154,856

Cash at bank and in hand

26,700

44,747

412,933

444,603

CREDITORS

Amounts falling due within one year

6

345,272

336,670

NET CURRENT ASSETS

67,661

107,933

TOTAL ASSETS LESS CURRENT LIABILITIES

153,832

212,778

CREDITORS

Amounts falling due after more than one year

7

113,243

179,448

NET ASSETS

40,589

33,330

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

40,588

33,329

SHAREHOLDERS' FUNDS

40,589

33,330

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 27 October 2025 and were signed on its behalf by:

Mr K Bagga - Director

1.	STATUTORY INFORMATION

Firelog 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.

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.

Fixtures & fittings - 20% reducing balance

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.

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 8 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

150,356

Additions

2,400

At 31 March 2025

152,756

DEPRECIATION

At 1 April 2024

45,511

Charge for year

21,074

At 31 March 2025

66,585

NET BOOK VALUE

At 31 March 2025

86,171

At 31 March 2024

104,845

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

82,062

112,685

Other debtors

45,171

42,171

127,233

154,856

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

126,136

156,514

Hire purchase contracts

12,245

10,205

Trade creditors

141,923

80,786

Taxation and social security

32,566

32,345

Other creditors

32,402

56,820

345,272

336,670

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

44,315

96,233

Hire purchase contracts

68,928

83,215

113,243

179,448