REGISTERED NUMBER: 05341194 (England and Wales)

MINERVA FIRE & SECURITY LTD

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S M Moran

J D Moran

SECRETARY:

J D Moran

REGISTERED OFFICE:

The Limes

Farm Crescent

Battlesbridge

Wickford

Essex

SS11 7QP

REGISTERED NUMBER:

05341194 (England and Wales)

ACCOUNTANTS:

Maclean & Company

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

FIXED ASSETS

Tangible assets

4

292,823

268,780

CURRENT ASSETS

Stocks

12,500

80,000

Debtors

5

483,678

380,226

Cash at bank and in hand

359,826

300,378

856,004

760,604

CREDITORS

Amounts falling due within one year

6

537,089

434,835

NET CURRENT ASSETS

318,915

325,769

TOTAL ASSETS LESS CURRENT LIABILITIES

611,738

594,549

CREDITORS

Amounts falling due after more than one year

7

(169,348

)

(151,810

)

PROVISIONS FOR LIABILITIES

(60,469

)

(52,942

)

NET ASSETS

381,921

389,797

CAPITAL AND RESERVES

Called up share capital

1,006

1,006

Share premium

477

477

Retained earnings

380,438

388,314

SHAREHOLDERS' FUNDS

381,921

389,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 14 December 2025 and were signed on its behalf by:

J D Moran - Director

Mrs S M Moran - Director

1.	STATUTORY INFORMATION

MINERVA FIRE & SECURITY 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, machinery and equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant,

machinery

and

Motor

equipment

vehicles

Totals

£

£

£

COST

At 1 April 2024

123,659

348,167

471,826

Additions

9,248

163,747

172,995

Disposals

-

(151,235

)

(151,235

)

At 31 March 2025

132,907

360,679

493,586

DEPRECIATION

At 1 April 2024

96,377

106,669

203,046

Charge for year

7,477

66,274

73,751

Eliminated on disposal

-

(76,034

)

(76,034

)

At 31 March 2025

103,854

96,909

200,763

NET BOOK VALUE

At 31 March 2025

29,053

263,770

292,823

At 31 March 2024

27,282

241,498

268,780

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

Motor

vehicles

£

COST

At 1 April 2024

348,167

Additions

163,747

Disposals

(151,235

)

At 31 March 2025

360,679

DEPRECIATION

At 1 April 2024

106,669

Charge for year

66,274

Eliminated on disposal

(76,034

)

At 31 March 2025

96,909

NET BOOK VALUE

At 31 March 2025

263,770

At 31 March 2024

241,498

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

478,719

377,601

Other debtors

4,959

2,625

483,678

380,226

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

92,474

85,564

Trade creditors

222,801

171,409

Taxation

130,010

102,286

Other creditors

91,804

75,576

537,089

434,835

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

169,348

151,810