Company Registration No. 05336858 (England and Wales)
Westcountry Fire Protection Limited
Unaudited accounts
for the year ended 31 March 2025
Westcountry Fire Protection Limited
Unaudited accounts
Contents
Westcountry Fire Protection Limited
Statement of financial position
as at 31 March 2025
Intangible assets
1,129
1,063
Tangible assets
769,306
758,019
Inventories
273,499
408,771
Cash at bank and in hand
-
9,972
Creditors: amounts falling due within one year
(770,852)
(707,567)
Net current liabilities
(148,397)
(13,302)
Total assets less current liabilities
622,038
745,780
Creditors: amounts falling due after more than one year
(235,387)
(337,667)
Provisions for liabilities
Deferred tax
(80,046)
(75,936)
Net assets
306,605
332,177
Called up share capital
100,200
100,200
Revaluation reserve
150,000
150,000
Profit and loss account
56,405
81,977
Shareholders' funds
306,605
332,177
For the year ending 31 March 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
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
Christopher Stuart Snell
Director
Company Registration No. 05336858
Westcountry Fire Protection Limited
Notes to the Accounts
for the year ended 31 March 2025
Westcountry Fire Protection Limited is a private company, limited by shares, registered in England and Wales, registration number 05336858. The registered office is 300/302 Union Street, Torquay, Devon, TQ2 5QZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% on cost
Plant & machinery
25% on cost
Motor vehicles
20% on reducing balance
Computer equipment
25% on cost
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Westcountry Fire Protection Limited
Notes to the Accounts
for the year ended 31 March 2025
The company holds the following financial instruments:
- Short term trade and other debtors and creditors;
- Bank loans; and
- Cash and bank balances.
All financial instruments are classified as basic.
The company has chosen to apply the recognition and measurement principles in FRS102.
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or are cancelled.
Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Westcountry Fire Protection Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
643,201
8,910
298,637
23,638
974,386
Additions
-
4,950
63,040
1,362
69,352
Disposals
-
-
(3,545)
-
(3,545)
At 31 March 2025
643,201
13,860
358,132
25,000
1,040,193
At 1 April 2024
19,109
6,972
167,200
23,086
216,367
Charge for the year
3,336
3,398
48,927
1,914
57,575
On disposals
-
-
(3,055)
-
(3,055)
At 31 March 2025
22,445
10,370
213,072
25,000
270,887
At 31 March 2025
620,756
3,490
145,060
-
769,306
At 31 March 2024
624,092
1,938
131,437
552
758,019
Carrying amount of land and buildings on cost basis
443,201
443,201
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
91,845
73,904
Amounts falling due within one year
Trade debtors
230,292
222,967
Other debtors
118,664
52,555
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
110,095
78,602
Obligations under finance leases and hire purchase contracts
47,090
29,796
Trade creditors
227,132
308,218
Taxes and social security
186,700
119,688
Other creditors
87,547
112,964
Loans from directors
110,288
56,799
Westcountry Fire Protection Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
177,977
282,337
Obligations under finance leases and hire purchase contracts
57,410
55,330
9
Average number of employees
During the year the average number of employees was 28 (2024: 28).