REGISTERED NUMBER: 11448289 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SOVEREIGN EXTINGUISHING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

Mr M J Jakubczyk

Mr W G Parker

Mr J R Jakubczyk

Registered office:

Unit 7a, St Martins Industrial Park

Moorend Farm Avenue

United Kingdom

Bristol

BS11 0RS

Registered number:

11448289 (England and Wales)

Accountants:

M Squared Accounting Ltd

Botley Mills

Mill Hill

Botley

Southampton

Hampshire

SO30 2GB

Fixed assets

Tangible assets

4

21,283

15,187

Current assets

Stocks

22,848

30,737

Debtors

5

822,635

729,015

Cash at bank

151,873

82,427

997,356

842,179

Creditors

Amounts falling due within one year

6

344,294

340,094

Net current assets

653,062

502,085

Total assets less current liabilities

674,345

517,272

Creditors

Amounts falling due after more than one year

7

20,480

21,802

Net assets

653,865

495,470

Capital and reserves

Called up share capital

100

100

Retained earnings

653,765

495,370

653,865

495,470

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 15 December 2025 and were signed on its behalf by:

Mr M J Jakubczyk - Director

Mr W G Parker - Director

Mr J R Jakubczyk - Director

1.	STATUTORY INFORMATION

Sovereign Extinguishing Limited 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.

The directors considers that, notwithstanding the company's negative net assets position, it is appropriate to prepare the accounts on a going concern basis as the company will be able to continue to meet its liabilities as they fall due, due to the continuing support of the related party companies.

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.

Motor vehicles

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

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 10 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2024

27,000

Additions

26,195

Disposals

(27,000

)

At 31 March 2025

26,195

DEPRECIATION

At 1 April 2024

11,813

Charge for year

4,912

Eliminated on disposal

(11,813

)

At 31 March 2025

4,912

NET BOOK VALUE

At 31 March 2025

21,283

At 31 March 2024

15,187

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

250,791

220,741

Amounts owed by group undertakings

360,629

318,224

Other debtors

-

103,310

Tax

6,912

6,912

Called up share capital not paid

80

80

Prepayments

204,223

79,748

822,635

729,015

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

8,460

7,500

Trade creditors

80,251

107,653

Tax

73,839

90,956

VAT

18,973

10,455

Other creditors

49,771

56,419

Accrued expenses

103,000

57,111

344,294

340,094

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

9,905

10,000

Bank loans - 2-5 years

-

9,927

Hire purchase contracts

10,575

1,875

20,480

21,802

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr W G Parker

Balance outstanding at start of year

-

25,886

Amounts repaid

-

(25,886

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

Interest has been charged on this loan at 2%, using the averaging method.

9.	RELATED PARTY DISCLOSURES

At the end of the financial period the following amounts were owed from / (to) related parties:

2025

2024

Sovereign Fire & Security Limited

366,628

365,224

Sovereign Fire & Security Plymouth Limited

(6,000

)

(47,000

)

The loans are interest free and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Sovereign Fire & Security Holdings Limited.