General Information
JP Fire & Security Ltd is a private company, limited by shares, registered in England and Wales, registration number 14509150, registration address Unit 10 Loddon Park Farm, New Bath Road, Twyford, Reading, Berkshire, RG10 9RY.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Basis of preparation
These financial statements have been prepared in compliance 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 as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Going concern basis
The company meets its day to day working capital requirements through the support of the director. The director has considered the projected cash flow information for the company during the foreseeable post year-end period. On the basis of this cash flow information and discussions with the company's creditors, the director considers that the company will continue to operate within the available finance facilities. However, the margin of finance facilities over requirements is not large and, inherently there can be no certainty in relation to this matter. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the support of the company's creditors.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Computer Equipment |
25% Reducing Balance
|
| Fixtures and Fittings |
25% Reducing Balance
|
| Plant and Machinery |
25% Reducing Balance
|
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2024 : 0).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
| At 01 December 2024 |
31,846 |
|
1,324 |
|
3,006 |
|
36,176 |
| Additions |
- |
|
- |
|
430 |
|
430 |
| Disposals |
- |
|
- |
|
- |
|
- |
| At 30 November 2025 |
31,846 |
|
1,324 |
|
3,436 |
|
36,606 |
| Depreciation |
| At 01 December 2024 |
7,265 |
|
445 |
|
1,251 |
|
8,961 |
| Charge for year |
7,471 |
|
220 |
|
500 |
|
8,191 |
| On disposals |
- |
|
- |
|
- |
|
- |
| At 30 November 2025 |
14,736 |
|
665 |
|
1,751 |
|
17,152 |
| Net book values |
| Closing balance as at 30 November 2025 |
17,110 |
|
659 |
|
1,685 |
|
19,454 |
| Opening balance as at 01 December 2024 |
24,581 |
|
879 |
|
1,755 |
|
27,215 |
|
| 4. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
16,908 |
|
21,767 |
| Prepayments & Accrued Income |
870 |
|
2,081 |
| Other Debtors |
250 |
|
250 |
| Taxation Recoverable |
62 |
|
35 |
|
18,090 |
|
24,133 |
|
| 5. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
6,313 |
|
12,922 |
| Social Security and Other Taxes |
4,953 |
|
901 |
| Other Creditors |
55 |
|
- |
| Directors' Current Accounts |
61,393 |
|
37,279 |
|
72,714 |
|
51,102 |
|
| 6. |
Provisions for liabilities
|
2025
£ |
|
2024
£ |
| Deferred Tax |
(4,867) |
|
940 |
|
(4,867) |
|
940 |
|
| 7. |
Advances and Credits
Jason Povey The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024. The balances shown are amounts owed by the company to Jason Povey, its sole director and shareholder, being £61,393 at 30 November 2025 and £37,279 at 30 November 2024. The loan is unsecured, interest-free and repayable on demand with no fixed repayment terms. | Brought Forward
£ | Amount
£ | Interest
£ | Repaid
£ | Written Off
£ | Waived
£ | Carry Forward
£ |
|---|
| Jason Povey | 37,279 | | 58,116 | | - | | 34,002 | | - | | - | | 61,393 | | 37,279 | | 58,116 | | - | | 34,002 | | - | | - | | 61,393 |
| Brought Forward
£ | Amount
£ | Interest
£ | Repaid
£ | Written Off
£ | Waived
£ | Carry Forward
£ |
|---|
| Jason Povey | 22,219 | | 75,054 | | - | | 59,994 | | - | | - | | 37,279 | | 22,219 | | 75,054 | | - | | 59,994 | | - | | - | | 37,279 |
|
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