Company Registration No. 13891714 (England and Wales)
Fireaway Ascot Ltd
Unaudited accounts
for the period from 1 March 2024 to 31 July 2025
Fireaway Ascot Ltd
Unaudited accounts
Contents
Fireaway Ascot Ltd
Company Information
for the period from 1 March 2024 to 31 July 2025
Directors
Ramandeep Singh Bola
Manpreet Singh Budwhal
Company Number
13891714 (England and Wales)
Registered Office
4 Broomhall Buildings
London Road Sunningdale
Ascot
Berkshire
SL5 0DH
England
Accountants
P10 Accountancy Ltd
Egerton House
68 Baker Street
Weybridge
KT13 8AL
Fireaway Ascot Ltd
Statement of financial position
as at 31 July 2025
Tangible assets
78,883
93,619
Cash at bank and in hand
(7,060)
10,680
Creditors: amounts falling due within one year
(244,269)
(188,603)
Net current liabilities
(222,152)
(153,125)
Net liabilities
(143,269)
(59,506)
Called up share capital
3
3
Profit and loss account
(143,272)
(59,509)
Shareholders' funds
(143,269)
(59,506)
For the period ending 31 July 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 27 April 2026 and were signed on its behalf by
Manpreet Singh Budwhal
Director
Company Registration No. 13891714
Fireaway Ascot Ltd
Notes to the Accounts
for the period from 1 March 2024 to 31 July 2025
Fireaway Ascot Ltd is a private company, limited by shares, registered in England and Wales, registration number 13891714. The registered office is 4 Broomhall Buildings, London Road Sunningdale, Ascot, Berkshire, SL5 0DH, 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 period, 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:
Plant & machinery
10% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Taxation for the year comprises of 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 in respect of all timing differences that have originated but not reversed at the balance sheet date.
Fireaway Ascot Ltd
Notes to the Accounts
for the period from 1 March 2024 to 31 July 2025
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.
4
Tangible fixed assets
Plant & machinery
Charge for the period
14,736
At 29 February 2024
93,619
Amounts falling due within one year
Accrued income and prepayments
1,725
-
Other debtors
16,000
16,000
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
12,626
19,332
Taxes and social security
15,428
1,457
Loans from directors
150,595
167,814
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
Fireaway Ascot Ltd
Notes to the Accounts
for the period from 1 March 2024 to 31 July 2025
8
Average number of employees
During the period the average number of employees was 6 (2024: 6).