Firesolve Limited - Filleted accounts

Registered number

03445791

Firesolve Limited

Unaudited Filleted Accounts

31 March 2026

Firesolve Limited
Registered number:		03445791
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		217,778			271,387

Current assets
Stocks		110,545			116,630
Debtors	4	1,184,221			1,155,915
Cash at bank and in hand		615,083			426,966
		1,909,849			1,699,511

Creditors: amounts falling due within one year	5	(364,836)			(268,276)

Net current assets			1,545,013			1,431,235

Total assets less current liabilities			1,762,791			1,702,622


Provisions for liabilities			(49,414)			(62,495)


Net assets			1,713,377			1,640,127

Capital and reserves
Called up share capital			130			130
Profit and loss account			1,713,247			1,639,997

Shareholder's funds			1,713,377			1,640,127

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr C Capstick
Director
Approved by the board on 24 August 2026

Firesolve Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Improvements to land and buildings			10% straight line
	Plant and machinery			25% straight line
	Fixtures, fittings, tools and equipment			25% straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					20		19


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	8,889		107,960		448,670		565,519
	Additions	-		-		24,270		24,270
	Disposals	-		-		(18,341)		(18,341)
	At 31 March 2026	8,889		107,960		454,599		571,448

	Depreciation
	At 1 April 2025	8,889		106,208		179,035		294,132
	Charge for the year	-		1,350		76,530		77,880
	On disposals	-		-		(18,342)		(18,342)
	At 31 March 2026	8,889		107,558		237,223		353,670

	Net book value
	At 31 March 2026	-		402		217,376		217,778
	At 31 March 2025	-		1,752		269,635		271,387


4	Debtors					2026		2025
£							£

	Trade debtors					292,618		261,181
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					871,836		872,272
	Other debtors					19,767		22,462
						1,184,221		1,155,915


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Obligations under finance lease and hire purchase contracts					-		10,083
	Trade creditors					143,148		81,813
	Taxation and social security costs					217,143		172,186
	Other creditors					4,545		4,194
						364,836		268,276


6	Other financial commitments					2026		2025
£							£

	Total future minimum payments under non-cancellable operating leases					742		1,922


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr C Capstick
	Interest free and repayable on demand	6,926		2,002		(6,926)		2,002

		6,926		2,002		(6,926)		2,002


8	Related party transactions

	Payments to key management personnel in the year included salaries of £10,000, benefits in kind of £3,212 and pension contributions of £60,000. At the balance sheet date £198,203 was due from Firesolve Holdings Limited and £673,633 was due from Firesolve Properties Limited. The loan to Firesolve Properties Limited is subject to interest of 2.5% accruing on a daily basis and payable annually.


9	Controlling party

	The company's immediate parent is Firesolve Holdings Limited, a private limited company incorporated in England and Wales.


10	Other information

	Firesolve Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 2A Technology Park
	Station Road
	Skelmanthorpe
	Huddersfield
	HD8 9GA