Ace Fire Equipment (UK) Ltd

Ace Fire Equipment (UK) Ltd
Directors' Report
For the year ended 31 July 2025

Director's report and financial statements

The directors present their annual report and the financial statements for the year ended 31 July 2025.

Principal activities

The principal activity of the company in the year under review was that of the supply and refurbishment of fire safety equipment.

Directors

The directors who have held office during the year were as follows:

Mr M J Redfearn

Mr M A Redfearn

Mr P Gonsalves (Resigned 31/01/2025)

Mrs D Gonsalves (Appointed 19/06/2025)

Miss A Richards (Appointed 19/06/2025)

Statement of directors' responsibilities

The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

----------------------------------
Mr M J Redfearn
Director

Date approved: 24 April 2026

Ace Fire Equipment (UK) Ltd
Statement of Financial Position
As at 31 July 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	4	203,977	330,757
Investments	5	38,510	38,510
		242,487	369,267
Current assets
Stocks	6	18,474	18,470
Debtors	7	327,590	367,994
Cash at bank and in hand		383,234	177,228
		729,298	563,692
Creditors: amount falling due within one year	8	(208,920)	(192,677)
Net current assets		520,378	371,015

Total assets less current liabilities		762,865	740,282
Provisions for liabilities	9	(6,305)	(9,804)
Net assets		756,560	730,478

Capital and reserves
Called up share capital		35,068	35,068
Capital Redemption Reserve	10	13,333	13,333
Profit and loss account		708,159	682,077
Shareholders' funds		756,560	730,478

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 24 April 2026 and were signed on its behalf by:

-------------------------------
Mr M J Redfearn
Director

Ace Fire Equipment (UK) Ltd
Notes to the Financial Statements
For the year ended 31 July 2025

General Information

Ace Fire Equipment (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 02257064, registration address Unit 1 Wixenford Indust Estate, Colesdown Hill, Plymouth, Devon, PL9 8AA.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

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.

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 taxation

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of 10 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and Buildings	1% Straight Line
Plant and Machinery	15% Straight Line
Motor Vehicles	25% Straight Line

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Pension costs and other post-retirement benefits

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

2.	Average number of employees Average number of employees during the year was 16 (2024 : 16).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 August 2024	6,000	6,000
Additions	-	-
Disposals	-	-
At 31 July 2025	6,000	6,000
Amortisation
At 01 August 2024	6,000	6,000
Charge for year	-	-
On disposals	-	-
At 31 July 2025	6,000	6,000
Net book values
At 31 July 2025	-	-
At 31 July 2024	-	-

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Investment properties	Total
	£	£	£	£	£
At 01 August 2024	128,032	32,233	157,562	180,701	498,528
Additions	-	-	-	-	-
Disposals	(86,256)	-	-	(38,553)	(124,809)
At 31 July 2025	41,776	32,233	157,562	142,148	373,719
Depreciation
At 01 August 2024	29,578	31,096	107,097	-	167,771
Charge for year	418	688	19,389	-	20,495
On disposals	(18,524)	-	-	-	(18,524)
At 31 July 2025	11,472	31,784	126,486	-	169,742
Net book values
Closing balance as at 31 July 2025	30,304	449	31,076	142,148	203,977
Opening balance as at 01 August 2024	98,454	1,137	50,465	180,701	330,757

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 August 2024	38,510	38,510
Additions	-	-
Disposals	-	-
At 31 July 2025	38,510	38,510

Stocks

	2025 £		2024 £
Stocks	18,474		18,470
	18,474		18,470

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	236,191	195,230
Other Debtors	91,399	172,764
	327,590	367,994

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	28,832	38,608
Taxation and Social Security	85,982	59,757
Other Creditors	94,106	94,312
	208,920	192,677

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	6,305		9,804
	6,305		9,804

10.

Capital Redemption Reserve

	2025 £		2024 £
Capital Redemption Reserve b/fwd	13,333		13,333
	13,333		13,333

11.	Related Party Disclosures At the year-end the company was owed £193,358 (2024 £255,558) by Ace Fire Properties Ltd and the company owed Ace Fire Alarms Ltd £68,905 (2024 £68,905) . The directors are all directors in Ace Fire Alarms Ltd and Mr M J Redfearn is a director in Ace Fire Properties Ltd.

12.	Controlling Party The company is under the control of its directors.

Registered Number: 02257064
England and Wales
Unaudited Financial Statements

for the year ended 31 July 2025
for
ACE FIRE EQUIPMENT (UK) LTD