Snowdonia Fire Protection Limited 30/09/2025 iXBRL

Company registration number: 04674757

Snowdonia Fire Protection Limited

Financial statements

30 September 2025

Snowdonia Fire Protection Limited

Contents

Directors and other information

Strategic report

Directors report

Independent auditor's report to the members

Statement of comprehensive income

Statement of financial position

Statement of changes in equity

Statement of cash flows

Notes to the financial statements

Snowdonia Fire Protection Limited

Directors and other information


	Directors	Mr Peter Nigel Greasley
		Mrs Janet Reid Greasley
		Mr Dafydd Greasley
		Mr Marc Greasley
		Mr Sion Greasley
		Mrs Beth Morgan


	Secretary	Mrs. Janet Reid Greasley


	Company number	04674757


	Registered office	The Old Smithy
		Waunfawr
		Caernarfon
		Gwynedd
		LL55 4YS


	Business address	The Old Smithy
		Waunfawr
		Caernarfon
		Gwynedd
		LL55 4YS


	Auditor	David Chidley
		WJ Matthews & Son
		11-15 Bridge Street
		Caernarfon
		Gwynedd
		LL55 1AB


	Accountants	W J Matthews & Son
		11 - 15 Bridge Street
		Caernarfon
		Gwynedd
		LL55 1AB

Snowdonia Fire Protection Limited

Strategic report

Period ended 30 September 2025

Principal Activities

Snowdonia Fire Protection Limited provides comprehensive fire protection and security solutions to commercial, industrial and residential customers throughout North Wales and beyond. The company's services include the supply, installation and maintenance of fire alarms, sprinkler systems, fire extinguishers, fire suppression systems, emergency lighting, security systems, CCTV and remote monitoring solutions. The business has over 50 years of experience and has established a strong reputation for delivering reliable fire and security services supported by experienced engineers and ongoing customer support.

Business Review

The financial statements cover the 18-month period ended 30 September 2025, compared with the 12-month period ended 31 March 2024. Accordingly, direct comparison between the current and prior period results should be made with due consideration to the difference in reporting periods.

The directors are pleased to report a strong trading performance during the period. Turnover increased to £13.13 million compared with £7.67 million in the prior period, while operating profit increased to £2.53 million from £1.22 million. Profit before taxation increased to £2.63 million compared with £1.27 million in the previous period. While these increases partly reflect the longer reporting period, the directors are satisfied that the business has continued to experience strong underlying demand and operational performance throughout the period.

Gross profit increased to £9.46 million, representing a gross margin of 72.0% compared with 68.2% in the prior period. The directors attribute this improvement to effective project management, strong operational controls and continued growth across the company's fire protection and security service divisions.

The company generated net cash from operating activities of £3.06 million and ended the period with cash balances of £5.43 million. Net assets increased from £5.11 million to £6.80 million, demonstrating the continued strengthening of the company's financial position.

Investment and Development

During the period the company continued to invest in its operational infrastructure and future growth. Capital expenditure of £199,460 was incurred on tangible fixed assets and the company also invested £362,500 in goodwill arising from business acquisition activity, supporting the continued expansion of its operations and service offering.

Employees

The directors recognise that the continued success of the business depends upon the commitment, knowledge and professionalism of its employees. The company remains committed to investing in training and development, maintaining high standards of health and safety and providing a positive working environment for all members of staff.

Principal Risks and Uncertainties

The principal risks facing the company include changes in economic conditions, competitive pressures within the fire protection and security sectors, recruitment and retention of skilled personnel, regulatory changes affecting fire safety compliance, and wider inflationary and supply chain pressures.

The directors seek to mitigate these risks through prudent financial management, investment in employees, maintaining strong customer relationships and offering a broad range of fire protection and security services.

Future Outlook

Having protected homes and businesses for more than 50 years, the company remains well positioned for continued growth and development. The directors are encouraged by current trading levels, the strength of the balance sheet and the company's growing reputation as a trusted provider of fire protection and security solutions throughout North Wales and beyond.

The directors remain confident that continued investment in people, technology and service delivery will support sustainable long-term growth and enable the company to continue providing high-quality protection solutions to its customers.

This report was approved by the board of directors on 4 September 2026 and signed on behalf of the board by:

Mr Peter Nigel Greasley

Director

Snowdonia Fire Protection Limited

Directors report

Period ended 30 September 2025

The directors present their report and the financial statements of the company for the period ended 30 September 2025.

Directors

The directors who served the company during the period were as follows:

Mr Peter Nigel Greasley

Mrs Janet Reid Greasley

Mr Dafydd Greasley

Mr Marc Greasley

Mr Sion Greasley

Mrs Beth Morgan

Dividends

Particulars of recommended dividends are detailed in note 11 to the financial statements.

Future developments

The directors remain confident regarding the future prospects of the company. The business continues to benefit from a strong reputation within the fire protection and security industry and has demonstrated significant growth during the period.

The company will continue to invest in its people, operational infrastructure and technology to support sustainable growth and maintain high levels of customer service. The directors anticipate continuing demand for the company's comprehensive range of fire protection and security services and will seek to develop existing customer relationships while expanding its presence across North Wales and surrounding areas.

The directors remain committed to identifying opportunities for organic growth and strategic acquisitions where these are considered beneficial to the long-term objectives of the company.

Financial instruments

The company's financial instruments comprise cash and cash equivalents, trade debtors, trade creditors and accrued liabilities arising directly from its operations. The main purpose of these financial instruments is to finance the company's activities.

The principal financial risks arising from the company's operations are credit risk, liquidity risk and cash flow risk. The board regularly reviews and agrees policies for managing each of these risks.

Credit risk arises principally from trade debtors. The company seeks to minimise this risk through ongoing monitoring of customer accounts and maintaining appropriate credit control procedures.

Liquidity risk is managed through careful monitoring of cash flows and the maintenance of adequate cash reserves. At the period end the company held cash balances of £5.43 million and the directors consider the company to be well placed to meet its financial obligations as they fall due.

The company has no external borrowings at the balance sheet date and therefore has limited exposure to interest rate risk. The directors review the company's financial position regularly and are satisfied that it remains financially strong with sufficient resources to support its ongoing operations and future development.

Directors responsibilities statement

The directors are responsible for preparing the strategic report, directors report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial period. 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 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; and

- 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 are sufficient to show and explain the company's transactions and 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. They 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.

Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

The auditor is deemed to have been re-appointed in accordance with section 487 of the Companies Act 2006.

This report was approved by the board of directors on 04 September 2026 and signed on behalf of the board by:

Mr Peter Nigel Greasley

Director

Snowdonia Fire Protection Limited

Independent auditor's report to the members of

Snowdonia Fire Protection Limited

Period ended 30 September 2025

Qualified opinion

We have audited the financial statements of Snowdonia Fire Protection Limited (the 'company') for the period ended 30 September 2025 which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity, statement of cash flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, except for the effects of the matter described in the basis for qualified opinion section of our report, the financial statements: - give a true and fair view of the state of the company's affairs as at 30 September 2025 and of its profit for the period then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for qualified opinion

We were unable to obtain sufficient appropriate audit evidence regarding both the opening and closing inventories. The opening inventory at 1 April 2024 was valued by management at selling price rather than cost, and we did not attend the stock count for the prior period as those financial statements were not audited. No alternative audit procedures were available to verify the quantities or valuation, and therefore we could not determine whether adjustments to cost of sales for the current period were necessary. For the closing inventory at 30 September 2025, although we attended the physical stock count, the client subsequently mislaid the stock sheets and no reliable records of quantities or valuations were available. As a result, we were unable to obtain sufficient appropriate audit evidence to confirm the existence or valuation of closing inventory, or to determine whether adjustments to cost of sales and net assets were required. The possible effects of these matters are material to the financial statements. However, they are not pervasive, as the limitation of scope is confined to inventory and does not affect our ability to conclude on the remainder of the financial statements.

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- the information given in the strategic report and the directors' report for the financial period for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and the returns; or - certain disclosures of directors' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: - the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise noncompliance with applicable laws and regulations;- we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the sector;- we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including legislation such as the Companies Act 2006, taxation legislation, data protection, anti-bribery, employment, food safety and hygiene regulations, environmental legislation and health and safety legislation;- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and- identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud;- considering the internal controls in place to mitigate risks of fraud and noncompliance with laws and regulations.To address the risk of fraud through management bias and override of controls, we:- performed analytical procedures to identify any unusual or unexpected relationships;- tested journal entries to identify unusual transactions;- assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias;- investigated the rationale behind significant or unusual transactions.In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:- agreeing financial statement disclosures to underlying supporting documentation;- reading the minutes of meetings of those charged with governance;- enquiring of management as to actual and potential litigation and claims;- reviewing correspondence with HMRC, relevant regulators and the company's legal advisors.There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. we also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditors report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

David Chidley (Senior Statutory Auditor)

For and on behalf of

David Chidley

WJ Matthews & Son

11-15 Bridge Street

Caernarfon

Gwynedd

LL55 1AB

04 September 2026

Snowdonia Fire Protection Limited

Statement of comprehensive income

Period ended 30 September 2025

		Period	Year
		ended	ended
		30/09/25	31/03/24
	Note	£	£


Turnover	4	13,131,988	7,670,425
Cost of sales		( 3,675,364)	( 2,441,854)
		_______	_______
Gross profit		9,456,624	5,228,571

Administrative expenses		( 6,926,048)	( 4,004,570)
		_______	_______
Operating profit	5	2,530,576	1,224,001

Other interest receivable and similar income	8	103,123	42,756
Profit before taxation		2,633,699	1,266,757

Tax on profit	9	( 680,605)	( 339,982)
		_______	_______
Profit for the financial period and total comprehensive income		1,953,094	926,775
		_______	_______

All the activities of the company are from continuing operations.

Snowdonia Fire Protection Limited

Statement of financial position

30 September 2025

		30/09/25		31/03/24
	Note	£	£	£	£

Fixed assets
Intangible assets	12	254,562		13,455
Tangible assets	13	439,037		496,209
		_______		_______
			693,599		509,664

Current assets
Stocks	14	804,485		514,842
Debtors	15	1,429,364		2,053,892
Cash at bank and in hand		5,433,298		3,181,769
		_______		_______
		7,667,147		5,750,503
Creditors: amounts falling due
within one year	16	( 1,477,342)		( 1,054,099)
		_______		_______
Net current assets			6,189,805		4,696,404
			_______		_______
Total assets less current liabilities			6,883,404		5,206,068


Provisions for liabilities	17		( 78,853)		( 94,611)

			_______		_______
Net assets			6,804,551		5,111,457
			_______		_______

Capital and reserves
Called up share capital	20		100		100
Profit and loss account	21		6,804,451		5,111,357
			_______		_______
Shareholders funds			6,804,551		5,111,457
			_______		_______

These financial statements were approved by the board of directors and authorised for issue on 04 September 2026 , and are signed on behalf of the board by:

Mr Peter Nigel Greasley

Director

Company registration number: 04674757

Snowdonia Fire Protection Limited

Statement of changes in equity

Period ended 30 September 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2023	100	4,364,582	4,364,682

Profit for the period		926,775	926,775
	_______	_______	_______
Total comprehensive income for the period	-	926,775	926,775

Dividends paid and payable		( 180,000)	( 180,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 180,000)	( 180,000)

	_______	_______	_______
At 31 March 2024 and 1 April 2024	100	5,111,357	5,111,457

Profit for the period		1,953,094	1,953,094
	_______	_______	_______
Total comprehensive income for the period	-	1,953,094	1,953,094

Dividends paid and payable		( 260,000)	( 260,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 260,000)	( 260,000)

	_______	_______	_______
At 30 September 2025	100	6,804,451	6,804,551
	_______	_______	_______

Snowdonia Fire Protection Limited

Statement of cash flows

Period ended 30 September 2025

	Period	Year
	ended	ended
	30/09/25	31/03/24
	£	£

Cash flows from operating activities
Profit for the financial period	1,953,094	926,775

Adjustments for:
Depreciation of tangible assets	243,489	164,897
Amortisation of intangible assets	121,393	27,107
Other interest receivable and similar income	( 103,123)	( 42,756)
Gain/(loss) on disposal of tangible assets	3,136	13,467
Tax on profit	680,605	339,982
Accrued expenses/(income)	119,695	404

Changes in:
Stocks	( 289,643)	( 189,918)
Trade and other debtors	624,528	( 425,492)
Trade and other creditors	( 91,634)	137,119
	_______	_______
Cash generated from operations	3,261,540	951,585

Interest received	103,123	42,756
Tax paid	( 301,181)	( 225,733)
	_______	_______
Net cash from operating activities	3,063,482	768,608
	_______	_______

Cash flows from investing activities
Purchase of tangible assets	( 199,460)	( 329,763)
Proceeds from sale of tangible assets	10,007	29,167
Purchase of intangible assets	( 362,500)	-
	_______	_______
Net cash used in investing activities	( 551,953)	( 300,596)
	_______	_______

Cash flows from financing activities
Equity dividends paid	( 260,000)	( 180,000)
	_______	_______
Net cash used in financing activities	( 260,000)	( 180,000)
	_______	_______

Net increase/(decrease) in cash and cash equivalents	2,251,529	288,012
Cash and cash equivalents at beginning of period	3,181,769	2,893,757
	_______	_______
Cash and cash equivalents at end of period	5,433,298	3,181,769
	_______	_______

Snowdonia Fire Protection Limited

Notes to the financial statements

Period ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Old Smithy, Waunfawr, Caernarfon, Gwynedd, LL55 4YS.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	25 %	reducing balance
Fittings fixtures and equipment	-	25 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

4. Turnover

Turnover arises from:

	Period	Year
	ended	ended
	30/09/25	31/03/24
	£	£
Sale of goods	13,131,988	7,670,425
	_______	_______

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

5. Operating profit

Operating profit is stated after charging/(crediting):

	Period	Year
	ended	ended
	30/09/25	31/03/24
	£	£
Amortisation of intangible assets	121,393	27,107
Depreciation of tangible assets	243,489	164,897
(Gain)/loss on disposal of tangible assets	3,136	13,467
Impairment of trade debtors	13,978	6,034
Operating lease rentals	62,473	39,471
Fees payable for the audit of the financial statements	8,000	-
	_______	_______

6. Staff costs

The aggregate payroll costs incurred during the period were:

	Period	Year
	ended	ended
	30/09/25	31/03/24
	£	£
Wages and salaries	4,356,616	2,525,547
Social security costs	456,520	238,131
Other pension costs	181,842	151,311
	_______	_______
	4,994,978	2,914,989
	_______	_______

7. Directors remuneration

The directors aggregate remuneration in respect of qualifying services was:

	Period	Year
	ended	ended
	30/09/25	31/03/24
	£	£
Remuneration	318,683	47,764
Company contributions to pension schemes in respect of qualifying services	73,228	102,000
	_______	_______
	391,911	149,764
	_______	_______

Remuneration of the highest paid directors in respect of qualifying services:

	Period	Year
	ended	ended
	30/09/25	31/03/24
	£	£
Aggregate remuneration	91,515	19,005
Company contributions to pension plans in respect of qualifying services	4,261	2,000
	_______	_______
	95,776	21,005
	_______	_______

8. Other interest receivable and similar income

	Period	Year
	ended	ended
	30/09/25	31/03/24
	£	£
Loans and receivables	-	2,000
Bank deposits	102,420	40,756
Other interest receivable and similar income	703	-
	_______	_______
	103,123	42,756
	_______	_______

9. Tax on profit

Major components of tax expense

	Period	Year
	ended	ended
	30/09/25	31/03/24
	£	£
Current tax:
UK current tax expense	696,363	301,180
	_______	_______

Deferred tax:
Origination and reversal of timing differences	( 15,758)	38,802
	_______	_______
Tax on profit	680,605	339,982
	_______	_______

Reconciliation of tax expense

The tax assessed on the profit for the period is higher than (2024: higher than) the standard rate of corporation tax in the UK of 25.00 % (2024: 25.00%).

	Period	Year
	ended	ended
	30/09/25	31/03/24
	£	£
Profit before taxation	2,633,699	1,266,757
	_______	_______

Profit multiplied by rate of tax	658,425	316,689
Effect of expenses not deductible for tax purposes	22,180	5,668
Effect of change in standard rate of tax	-	17,625
	_______	_______
Tax on profit	680,605	339,982
	_______	_______

10. Earnings per share

Basic earnings/(loss) per share

The earnings/(loss) and weighted average number of shares used in the calculation of basic earnings/(loss) per share are as follows:

	Period	Year
	ended	ended
	30/09/25	31/03/24
	£	£
Profit for the period attributable to the owners of the company	1,953,094	926,775
	_______	_______

Diluted earnings/(loss) per share

The earnings/(loss) and weighted average number of shares used in the calculation of diluted earnings/(loss) per share are as follows:

	Period	Year
	ended	ended
	30/09/25	31/03/24
	£	£
Earnings/(loss) used in calculation of basic earnings/(loss) per share	1,953,094	926,775
	_______	_______

11. Dividends

Equity dividends

	Period	Year
	ended	ended
	30/09/25	31/03/24
	£	£
Dividends paid during the period (excluding those for which a liability existed at the end of the prior year)	260,000	180,000
	_______	_______

12. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 April 2024	759,071	759,071
Additions	362,500	362,500
	_______	_______
At 30 September 2025	1,121,571	1,121,571
	_______	_______
Amortisation
At 1 April 2024	745,616	745,616
Charge for the period	121,393	121,393
	_______	_______
At 30 September 2025	867,009	867,009
	_______	_______
Carrying amount
At 30 September 2025	254,562	254,562
	_______	_______
At 31 March 2024	13,455	13,455
	_______	_______

13. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2024	85,625	198,042	1,167,527	1,451,194
Additions	53,268	9,063	137,129	199,460
Disposals	-	-	( 107,576)	( 107,576)
	_______	_______	_______	_______
At 30 September 2025	138,893	207,105	1,197,080	1,543,078
	_______	_______	_______	_______
Depreciation
At 1 April 2024	82,994	165,770	706,221	954,985
Charge for the year	13,974	10,032	219,483	243,489
Disposals	-	-	( 94,433)	( 94,433)
	_______	_______	_______	_______
At 30 September 2025	96,968	175,802	831,271	1,104,041
	_______	_______	_______	_______
Carrying amount
At 30 September 2025	41,925	31,303	365,809	439,037
	_______	_______	_______	_______
At 31 March 2024	2,631	32,272	461,306	496,209
	_______	_______	_______	_______

14. Stocks

	30/09/25	31/03/24
	£	£
Work in progress	437,185	243,693
Finished goods and goods for resale	367,300	271,149
	_______	_______
	804,485	514,842
	_______	_______

15. Debtors

	30/09/25	31/03/24
	£	£
Trade debtors	1,170,526	1,892,540
Prepayments and accrued income	258,838	161,352
	_______	_______
	1,429,364	2,053,892
	_______	_______

16. Creditors: amounts falling due within one year

	30/09/25	31/03/24
	£	£
Trade creditors	283,908	254,565
Accruals and deferred income	251,122	131,427
Corporation tax	696,363	301,181
Social security and other taxes	231,219	350,996
Other creditors	14,730	15,930
	_______	_______
	1,477,342	1,054,099
	_______	_______

17. Provisions

	Deferred tax (note 18)	Total
	£	£
At 1 April 2024	94,611	94,611
Additions	( 15,758)	( 15,758)
	_______	_______
At 30 September 2025	78,853	78,853
	_______	_______

18. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	30/09/25	31/03/24
	£	£
Included in provisions (note 17)	78,853	94,611
	_______	_______

The deferred tax account consists of the tax effect of timing differences in respect of:

	30/09/25	31/03/24
	£	£
Accelerated capital allowances	78,853	94,611
	_______	_______

19. Employee benefits

The amount recognised in profit or loss in relation to defined contribution plans was £ 181,842 (2024: £ 151,311 ).

20. Called up share capital

Issued, called up and fully paid

	30/09/25		31/03/24
	No	£	No	£
Ordinary shares shares of £ 1.00 each	100	100	100	100
	_______	_______	_______	_______

21. Reserves

The profit and loss account reserve represents cumulative profits and losses, net of dividends and other adjustments, not distributed to shareholders.

22. Analysis of changes in net debt

	At 1 April 2024	Cash flows	At 30 September 2025
	£	£	£
Cash and cash equivalents	3,181,769	2,251,529	5,433,298

23. Directors advances, credits and guarantees

	During the period the directors entered into the following advances and credits with the company:

Period ended 30/09/25
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr Peter Nigel Greasley	-	-	-
	Mrs Janet Reid Greasley	-	-	-
		_______	_______	_______

Year ended 31/03/24
		Balance brought forward	Amounts repaid	Balance o/standing
		£	£	£
	Mr Peter Nigel Greasley	20,000	( 20,000)	-
	Mrs Janet Reid Greasley	20,000	( 20,000)	-
		_______	_______	_______
		40,000	( 40,000)	-
		_______	_______	_______

24. Related party transactions

During the period the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	Period	Year	Period	Year
	ended	ended	ended	ended
	30/09/25	31/03/24	30/09/25	31/03/24
	£	£	£	£
Mr P N Greasley	30,900	19,532	-	-
Mrs J R Greasley	30,900	19,532	-	-
	_______	_______	_______	_______

The above amounts represent rental payments for properties used in the business which were made to the directors during the year.

25. Controlling party

Since the year end there has been a change in the ownership of the shares. The shares are now owned by Snowdonia Fire Protection Holdings Limited.