PG Fire & Security Ltd


Directors	Giles, Clare Marie
	Giles, Paul James


Registered Address	25 The Park
	Yeovil
	BA20 1DG


Registered Number	06775953 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		96,168		96,168
Tangible assets	4		84,213		71,393
			180,381		167,561
Current assets
Stocks		42,008		41,576
Debtors	5	471,843		325,442
Cash at bank and on hand		120,153		87,909
		634,004		454,927
Creditors amounts falling due within one year	6	(378,391)		(213,204)
Net current assets (liabilities)			255,613		241,723
Total assets less current liabilities			435,994		409,284
Creditors amounts falling due after one year			(27,065)		(45,667)
Provisions for liabilities			(14,225)		(17,627)
Net assets			394,704		345,990
Capital and reserves
Called up share capital			100		100
Profit and loss account			394,604		345,890
Shareholders' funds			394,704		345,990

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 2 December 2025, and are signed on its behalf by:

Giles, Clare Marie
Director
Registered Company No. 06775953

PG Fire & Security Ltd

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Deferred tax
	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 future taxable profits. Deferred tax is measured using the 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

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 future taxable profits. Deferred tax is measured using the 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recoginition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. The intangible asset, being goodwill, was purchased in 2017 with amortisation being estimated over its useful life of 5 years, after allowing for its calculable residual value.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 33% on cost and 25% reducing balance

	Finance leases and hire purchase contracts
	Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees
	The following average number of employees includes the directors.


		2025		2024
	Average number of employees during the year	19		18

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 April 24	155,377
	At 31 March 25	155,377
	Amortisation and impairment
	At 01 April 24	59,209
	At 31 March 25	59,209
	Net book value
	At 31 March 25	96,168
	At 31 March 24	96,168

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	162,394
	Additions	38,031
	At 31 March 25	200,425
	Depreciation and impairment
	At 01 April 24	91,001
	Charge for year	25,211
	At 31 March 25	116,212
	Net book value
	At 31 March 25	84,213
	At 31 March 24	71,393

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	212,592	210,618
Amounts owed by associates and joint ventures / participating interests	141,044	98,399
Other debtors	101,000	236
Prepayments and accrued income	17,207	16,189
Total	471,843	325,442


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	131,029	67,631
Bank borrowings and overdrafts	10,468	10,213
Taxation and social security	96,234	117,115
Finance lease and HP contracts	34,302	9,150
Other creditors	103,930	3,271
Accrued liabilities and deferred income	2,428	5,824
Total	378,391	213,204


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	34,302		42,580

8.	Operating lease commitments
	At 31 March 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £14,210 (2024 - £22,928).