Company registration number SC355076 (Scotland)
SM FIRE PROTECTION LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
SM FIRE PROTECTION LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
SM FIRE PROTECTION LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
15,798
3,520
Current assets
Debtors
4
45,462
37,980
Cash at bank and in hand
22,617
22,899
68,079
60,879
Creditors: amounts falling due within one year
5
(22,403)
(26,353)
Net current assets
45,676
34,526
Total assets less current liabilities
61,474
38,046
Creditors: amounts falling due after more than one year
6
(12,858)
(8,884)
Provisions for liabilities
(3,002)
(669)
Net assets
45,614
28,493
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
45,514
28,393
Total equity
45,614
28,493

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

SM FIRE PROTECTION LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 26 November 2025 and are signed on its behalf by:
Mr S Murdoch
Director
Company Registration No. SC355076
SM FIRE PROTECTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

SM Fire Protection Limited is a private company limited by shares incorporated in Scotland. The registered office is 14 Lauriston Grove, Newton Mearns, Glasgow, United Kingdom, G77 6YP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
3 years straight line
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

SM FIRE PROTECTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
3
SM FIRE PROTECTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
3
Tangible fixed assets
Plant and equipment
Motor vehicles
Total
£
£
£
Cost
At 1 April 2024
1,023
13,595
14,618
Additions
-
0
20,037
20,037
Disposals
-
0
(13,595)
(13,595)
At 31 March 2025
1,023
20,037
21,060
Depreciation and impairment
At 1 April 2024
670
10,428
11,098
Depreciation charged in the year
118
4,474
4,592
Eliminated in respect of disposals
-
0
(10,428)
(10,428)
At 31 March 2025
788
4,474
5,262
Carrying amount
At 31 March 2025
235
15,563
15,798
At 31 March 2024
353
3,167
3,520
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
22,641
32,883
Other debtors
22,821
5,097
45,462
37,980
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
6,238
6,084
Obligations under finance leases
4,764
-
0
Trade creditors
142
24
Corporation tax
6,653
16,104
Other taxation and social security
183
698
Other creditors
2,353
1,876
Accruals and deferred income
2,070
1,567
22,403
26,353
SM FIRE PROTECTION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
2,646
8,884
Obligations under finance leases
10,212
-
0
12,858
8,884
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
8
Directors' transactions

Included within debtors is an amount owed by the company to the director, totalling £22,273 (2024: £4,692). This loan was made on an interest free basis and has been repaid within 9 months of the year end.

9
Ultimate controlling party

The ultimate controlling party is S J W Murdoch.

2025-03-31 2024-04-01 false false false 26 November 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mrs D Murdoch Mr S Murdoch SC355076 2024-04-01 2025-03-31 SC355076 2025-03-31 SC355076 2024-03-31 SC355076 core:PlantMachinery 2025-03-31 SC355076 core:MotorVehicles 2025-03-31 SC355076 core:PlantMachinery 2024-03-31 SC355076 core:MotorVehicles 2024-03-31 SC355076 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 SC355076 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 SC355076 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 SC355076 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 SC355076 core:CurrentFinancialInstruments 2025-03-31 SC355076 core:CurrentFinancialInstruments 2024-03-31 SC355076 core:Non-currentFinancialInstruments 2025-03-31 SC355076 core:Non-currentFinancialInstruments 2024-03-31 SC355076 core:ShareCapital 2025-03-31 SC355076 core:ShareCapital 2024-03-31 SC355076 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC355076 core:RetainedEarningsAccumulatedLosses 2024-03-31 SC355076 core:ShareCapitalOrdinaryShareClass1 2025-03-31 SC355076 core:ShareCapitalOrdinaryShareClass1 2024-03-31 SC355076 bus:Director2 2024-04-01 2025-03-31 SC355076 core:PlantMachinery 2024-04-01 2025-03-31 SC355076 core:MotorVehicles 2024-04-01 2025-03-31 SC355076 2023-04-01 2024-03-31 SC355076 core:PlantMachinery 2024-03-31 SC355076 core:MotorVehicles 2024-03-31 SC355076 2024-03-31 SC355076 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 SC355076 bus:OrdinaryShareClass1 2025-03-31 SC355076 bus:OrdinaryShareClass1 2024-03-31 SC355076 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC355076 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC355076 bus:FRS102 2024-04-01 2025-03-31 SC355076 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC355076 bus:Director1 2024-04-01 2025-03-31 SC355076 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP