REGISTERED NUMBER: 12449733 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

AD Passive Fire Protection Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A R Duncan

REGISTERED OFFICE:

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

REGISTERED NUMBER:

12449733 (England and Wales)

ACCOUNTANTS:

ARC & Co. Accountants Limited

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

FIXED ASSETS

Tangible assets

4

4,585

6,113

CURRENT ASSETS

Debtors

5

15,555

39,240

Cash at bank

1,721

2

17,276

39,242

CREDITORS

Amounts falling due within one year

6

14,438

18,822

NET CURRENT ASSETS

2,838

20,420

TOTAL ASSETS LESS CURRENT LIABILITIES

7,423

26,533

CREDITORS

Amounts falling due after more than one year

7

(4,124

)

(7,737

)

PROVISIONS FOR LIABILITIES

9

(872

)

(1,237

)

NET ASSETS

2,427

17,559

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

2,327

17,459

SHAREHOLDERS' FUNDS

2,427

17,559

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 4 November 2025 and were signed by:

Mr A R Duncan - Director

1.	STATUTORY INFORMATION

AD Passive Fire Protection 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 March 2024

and 28 February 2025

14,490

DEPRECIATION

At 1 March 2024

8,377

Charge for year

1,528

At 28 February 2025

9,905

NET BOOK VALUE

At 28 February 2025

4,585

At 29 February 2024

6,113

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

Plant and

machinery

£

COST

At 1 March 2024

and 28 February 2025

14,490

DEPRECIATION

At 1 March 2024

8,377

Charge for year

1,528

At 28 February 2025

9,905

NET BOOK VALUE

At 28 February 2025

4,585

At 29 February 2024

6,113

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,281

4,477

Tax refundable

12,832

34,443

VAT

442

320

15,555

39,240

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

3,613

2,916

Corporation tax

9,156

13,555

Directors' current accounts

69

751

Accrued expenses

1,600

1,600

14,438

18,822

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

4,124

7,737

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

7,737

10,653

The hire purchase contract is secured against the asset to which it relates.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

872

1,237

Deferred

tax

£

Balance at 1 March 2024

1,237

Credit to Income Statement during year

(365

)

Balance at 28 February 2025

872

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Retained

earnings

£

At 1 March 2024

17,459

Profit for the year

37,868

Dividends

(53,000

)

At 28 February 2025

2,327

12.	RELATED PARTY DISCLOSURES

During the year the director, Mr A R Duncan, made net withdrawals from his account of £682. The balance on his account at 28 February 2025 was £69 in credit (2024 - £751).

Also during the year, Mr Duncan and Mrs J Duncan, being husband and wife, received dividends from the company of £53,000 (2024 - £40,404).

13.	ULTIMATE CONTROLLING PARTY

Mr A R Duncan is the ultimate controlling party by virtue of his holding the majority of the company's issued shared capital.