Pyro Group Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10310512

		28 February 2025		31 August 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		-		65,007

			-		65,007
CURRENT ASSETS
Stocks	6	-		8,439
Debtors	7	100		67,864
Cash at bank and in hand		-		5,408

		100		81,711
Creditors: Amounts Falling Due Within One Year	8	(62,033 )		(142,578 )

NET CURRENT ASSETS (LIABILITIES)			(61,933 )		(60,867 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(61,933 )		4,140

Creditors: Amounts Falling Due After More Than One Year	9		-		(28,041 )

NET LIABILITIES			(61,933 )		(23,901 )

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			(62,033 )		(24,001 )

SHAREHOLDERS' FUNDS			(61,933)		(23,901)

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Pyro Group Limited

Balance Sheet (continued)

As At 28 February 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr P Gustafsson

Director

27th November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Pyro Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10310512 . The registered office is Cloth Hall, 150 Drake Street, Rochdale, OL16 1PX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are amortised to the profit and loss account over its estimated economic life.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	20% reducing balance
Fixtures & Fittings	20% on cost

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.7. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 10 (2023: 14)

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Pyro Group Limited

Notes to the Financial Statements (continued)

For the Period 1 September 2023 to 28 February 2025

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 September 2023	40,000	14,976	54,976
Disposals	(40,000 )	(14,976 )	(54,976 )

As at 28 February 2025	-	-	-

Amortisation
As at 1 September 2023	40,000	14,976	54,976
Disposals	(40,000 )	(14,976 )	(54,976 )

As at 28 February 2025	-	-	-

Net Book Value
As at 28 February 2025	-	-	-

As at 1 September 2023	-	-	-

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 September 2023	58,190	111,196	169,386
Additions	-	7,270	7,270
Disposals	(58,190 )	(118,466 )	(176,656 )

As at 28 February 2025	-	-	-

Depreciation
As at 1 September 2023	8,269	96,110	104,379
Disposals	(8,269 )	(96,110 )	(104,379 )

As at 28 February 2025	-	-	-

Net Book Value
As at 28 February 2025	-	-	-

As at 1 September 2023	49,921	15,086	65,007

6. Stocks

	28 February 2025	31 August 2023
	£	£
Stock	-	8,439

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Pyro Group Limited

Notes to the Financial Statements (continued)

For the Period 1 September 2023 to 28 February 2025

7. Debtors

	28 February 2025	31 August 2023
	£	£
Due within one year
Trade debtors	-	2,061
Other debtors	100	65,803

	100	67,864

8. Creditors: Amounts Falling Due Within One Year

	28 February 2025	31 August 2023
	£	£
Net obligations under finance lease and hire purchase contracts	-	11,217
Trade creditors	-	9,942
Other creditors	62,033	101,210
Taxation and social security	-	20,209

	62,033	142,578

9. Creditors: Amounts Falling Due After More Than One Year

	28 February 2025	31 August 2023
	£	£
Net obligations under finance lease and hire purchase contracts	-	28,041

10. Obligations Under Finance Leases and Hire Purchase

	28 February 2025	31 August 2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	11,217
Later than one year and not later than five years	-	28,041

	-	39,258

	-	39,258

11. Share Capital

	28 February 2025	31 August 2023
	£	£
Called Up Share Capital not Paid	100	100

Amount of Allotted, Called Up Share Capital	100	100

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