Fire Expert Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC201634

Fire Expert Limited

Filleted Unaudited Financial Statements

28 February 2025

Fire Expert Limited

Financial Statements

Year ended 28 February 2025

Contents	Page

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	3

Fire Expert Limited

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Fire Expert Limited

Year ended 28 February 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Fire Expert Limited for the year ended 28 February 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the director of Fire Expert Limited. Our work has been undertaken solely to prepare for your approval the financial statements of Fire Expert Limited and state those matters that we have agreed to state to you in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fire Expert Limited and its director for our work or for this report.

It is your duty to ensure that Fire Expert Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fire Expert Limited. You consider that Fire Expert Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Fire Expert Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

GILLILAND & COMPANY Chartered Accountants

216 West George Street Glasgow G2 2PQ

27 October 2025

Fire Expert Limited

Statement of Financial Position

28 February 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		39,986	40,568

Current assets

Work in progress		78,741	–
Debtors	6	153,975	46,275
Cash at bank and in hand		66,790	17,054
		---------	--------
		299,506	63,329

Creditors: amounts falling due within one year	7	137,883		41,577
		---------		--------
Net current assets			161,623	21,752
			---------	--------
Total assets less current liabilities			201,609	62,320
			---------	--------
Net assets			201,609	62,320
			---------	--------

Capital and reserves

Called up share capital	2,503	2,503
Share premium account	4,000	4,000
Profit and loss account	195,106	55,817
	---------	--------
Shareholders funds	201,609	62,320
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 27 October 2025 , and are signed on behalf of the board by:

Alastair R Brown
Director

Company registration number: SC201634

Fire Expert Limited

Notes to the Financial Statements

Year ended 28 February 2025

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is 216 West George Street, Glasgow, G2 2PQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with finanial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

The Turnover in the profit and loss account represents amounts invoiced in the during the year, exclusive of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Income tax

Provision is made for deferred taxation arising from timing differences other than those which are expected with reasonable probability to continue in the foreseeable future.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Computer Equipment	-	33% straight line
Engineering Equipment	-	25% reducing balance
Fixtures and Fittings	-	25% reducing balance
Motor Vehicles	-	25% reducing balance
Office Equipment	-	25 % reducing balance

	Computer Software	-	15% straight line

Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

5. Tangible assets

	Computer Equipment	Engineering Equipment	Fixtures, fittings and equipment	Motor vehicles	Computer Software	Total
	£	£	£	£	£	£
Cost
At 1 Mar 2024	63,112	6,685	5,621	53,474	3,986	132,878
Additions	416	1,327	10,827	–	–	12,570
	--------	-------	--------	--------	-------	---------
At 28 Feb 2025	63,528	8,012	16,448	53,474	3,986	145,448
	--------	-------	--------	--------	-------	---------
Depreciation
At 1 Mar 2024	58,722	4,541	5,008	20,053	3,986	92,310
Charge for the year	1,856	701	2,240	8,355	–	13,152
	--------	-------	--------	--------	-------	---------
At 28 Feb 2025	60,578	5,242	7,248	28,408	3,986	105,462
	--------	-------	--------	--------	-------	---------
Carrying amount
At 28 Feb 2025	2,950	2,770	9,200	25,066	–	39,986
	--------	-------	--------	--------	-------	---------
At 29 Feb 2024	4,390	2,144	613	33,421	–	40,568
	--------	-------	--------	--------	-------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	137,443	45,663
Other debtors	16,532	612
	---------	--------
	153,975	46,275
	---------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	5,958	718
Corporation tax	67,681	3,278
Social security and other taxes	59,483	31,439
Other creditors	4,761	6,142
	---------	--------
	137,883	41,577
	---------	--------

8. Director's advances, credits and guarantees

As at 28th February 2025 the company owed £Nil to Mr A R Brown (2024: £3,527). The balance is interest free, unsecured and repayable on demand.

9. Controlling party

The company was under the control of Mr A R Brown, director, throughout the current and previous period.