ACCOUNTS - Final Accounts preparation

Operating profit

The operating profit is stated after charging:

Unaudited 2025

Registered number: 09737520

Fire Suppression Solutions Limited

Directors' Report and Consolidated Financial Statements

For the year ended 31 January 2026


Fire Suppression Solutions Limited

Company information

Directors	E M J Barnes (resigned 9 March 2026)
	J E Malins (resigned 10 February 2025)
	S A Malins (resigned 9 March 2026)
	S Malins (resigned 10 February 2025)
	J Mirabile (appointed 9 March 2026)
	L Palmer (appointed 9 March 2026)
	J D Tobak (appointed 9 March 2026, resigned 19 May 2026)


Registered number	09737520


Registered office	Appledale
	1 Eastways
	Witham
	Essex
	CM8 3YQ


Fire Suppression Solutions Limited

Contents

	Page
Group strategic report	1
Directors' report	2 - 3
Independent auditors' report	4 - 7
Consolidated statement of comprehensive income	8
Balance sheet	9
Company balance sheet	10
Statement of changes in equity	11
Company statement of changes in equity	12
Consolidated statement of cash flows	13 - 14
Consolidated analysis of net debt	15
Notes to the financial statements	16 - 38


Fire Suppression Solutions Limited

Group strategic report

For the year ended 31 January 2026

Introduction

The principal activity of the company is that of managing its trading subsidiaries. Its subsidiary companies' principal activities are that of selling and maintaining fire safety equipment and there was no change in these activities during the year.

Business review

The directors are pleased with the performance of the group, considering the prevailing market conditions during the year
under review. During the year the group achieved pre-tax profits of £1,437,704 (2025 - £162,857).
The group saw an increase in turnover from £8,610,082 in 2025 to £12,637,177 in 2026. The main reason for this
increase is the onboarding of new customers in the year along with significant installation projects.

Principal risks and uncertainties

The principal risks and uncertainties identified by the directors of the group relate to factors concerning the overall state of
the UK economy, in particular the effects on the fire safety industry. The global economy also effects the export sales within
the group. The war in Ukraine has had a continued impact on raw material prices and availability and the directors have monitored the situation and controlled purchasing to the greatest extent possible in order to minimise the effect on the group.
The directors are actively involved in the trades of the group on a daily basis which enables them to closely monitor activities and as a result the group is in a good position, financially and operationally, to adapt to the continuing challenges. The group continues to diversify in order to manage the risks involved in each business sector.

Financial key performance indicators

The directors consider that the key financial performance indicators are as follows:
Gross Profit Percentage - The directors confirm that the gross profit percentage has improved to 67.5% (2025 – 62.4%). The directors are happy that this is in line with their expectations and expect to maintain or improve this margin in the current year.
Debt/Equity Ratio - The directors confirm that the debt over equity ratio has improved and is 8.60 as at 31 January 2026, compared to -14.29 at 31 January 2025. An improvement was anticipated as the group continues to repay its external borrowing and increasing profits have brought the balance sheet into a positive positions.
The Group's Net Value - The directors are pleased to report that the net value of the group has increased by £1,474,732.

This report was approved by the board on 18 August 2026 and signed on its behalf.

L Palmer

Director

Page 1


Fire Suppression Solutions Limited

Director's report

For the year ended 31 January 2026

The directors present their report and the financial statements for the year ended 31 January 2026.

Results

The profit for the year, after taxation, amounted to £1,474,733 (2025 - £117,623).

Further information on the performance of the group during the year and the group's state of affairs at the balance sheet date are noted within the Strategic Report on pages 3 to 4.

Dividends

The directors do not recommend the payment of a dividend (2025 - £Nil).

Fixed assets

Details of movements in fixed assets are set out in the notes to the accounts.

Post balance sheet events

There have been no events subsequent to the year end which materially effect the results for the year or the group's state of affairs as at 31 January 2026.

Directors

The directors who served during the year were:

E M J Barnes (resigned 9 March 2026)

J E Malins (resigned 10 February 2025)

S A Malins (resigned 9 March 2026)

S Malins (resigned 10 February 2025)

Subsequent to the year end J Mirable, L Parlmer and J D Tobak were appointed as directors on 9 March 2026. J D Tobak resigned as a director on 19 May 2026.

Future developments

The directors are not aware of any future developments which would have a significant effect on the group.

Research and development activities

The group is involved in research and development projects in relation to fire safety equipment.

Close company

Fire Suppression Solutions Limited is a close company within the meaning of S.439 CTA 2010.

Page 2


Fire Suppression Solutions Limited

Director's report (continued)

For the year ended 31 January 2026

Director's responsibilities statement

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

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 applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. 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 group and of the profit or loss of the group for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the group's financial statements 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 group 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 the group and to enable him to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to auditors

The directors at the time when this Directors' report is approved has confirmed that:

∙so far as they are aware, there is no relevant audit information of which the company and the group's auditors are unaware, and

∙they have taken all the steps that ought to have been taken as directors in order to be aware of any relevant audit information and to establish that the company and the group's auditors are aware of that information.

Auditors

Under section 487(2) of the Companies Act 2006, Clay Ratnage Strevens & Hills will be deemed to have been reappointed as auditors 28 days after these financial statements were sent to members or 28 days after the latest date prescribed for filing the accounts with the registrar, whichever is earlier.

This report was approved by the board on 18 August 2026 and signed on its behalf.

L Palmer

Director

Page 3


Fire Suppression Solutions Limited

Independent auditors' report to the members of Fire Suppression Solutions Limited

Opinion

We have audited the financial statements of Fire Suppression Solutions Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 January 2026, which comprise the Consolidated statement of comprehensive income, the Consolidated analysis of net debt, the Consolidated balance sheet, the Company balance sheet, the Consolidated statement of cash flows, the Consolidated statement of changes in equity, the Company statement of changes in equity and the related notes, 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 Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

∙give a true and fair view of the state of the group's and of the parent company's affairs as at 31 January 2026 and of the group's profit for the year 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 opinion

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 Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council'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 opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's 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 group's or the parent 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 director with respect to going concern are described in the relevant sections of this report.

Page 4


Fire Suppression Solutions Limited

Independent auditors' report to the members of Fire Suppression Solutions Limited (continued)

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The director is responsible for the other information contained within the Annual Report. 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. 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 course of 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 this gives rise to a material misstatement in the financial statements themselves. 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.

Opinion 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 Group strategic report and the Director's report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

∙the Group strategic report and the Director's report have 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 group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group strategic report or the Director's report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

∙adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

∙the parent company financial statements are not in agreement with the accounting records and returns; or

∙certain disclosures of director's 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 set out on page 3, the director is 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 director determines 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 director is responsible for assessing the group's and the parent 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 director either intends to liquidate the group or the parent company or to cease operations, or has no realistic alternative but to do so.

Page 5


Fire Suppression Solutions Limited

Independent auditors' report to the members of Fire Suppression Solutions Limited (continued)

Auditors' 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 Auditors' 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 Group 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:

To identify risks of material misstatement due to fraud we assess events or conditions that could indicate an incentive or pressure to commit fraud or provide an opportunity to commit fraud. Our risk assessment procedures include:
• Obtaining an understanding of the legal and regulatory frameworks applicable to the group and the sectors in which it operates.
• Obtaining an understanding of how the group is complying with those legal and regulatory frameworks by making enquiries to the group accounting department and management.
• Assessing the susceptibility of the group financial statements to material misstatement caused by fraud or other irregularities, by undertaking the following procedures:
   - Identifying and assessing the design effectiveness of controls which management have in place to prevent and
   detect fraud.
   - Understanding how those charged with governance consider and address the potential for override of controls and
   management bias.
   - Identifying and testing journal entries, in particular any journal entries posted with unusual account combinations.
   - Assessing the extent of compliance with the relevant laws and regulations.
   - Assessing the extent to which pressures exist which may increase the risk of fraudulent revenue recognition.
Potential fraud risks that had been identified throughout the planning and commencement of the audit were communicated to the audit team, as well as potential risks pertaining to the group of which this company is a member.
The inherent limitations of audit present an unavoidable risk that we, the auditors, may not detect some material misstatements within the financial statements despite proper planning and performance of our duties as auditors. Equally, there remains a risk of the non-detection of fraud which could involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. The audit procedures carried out are designed to detect material misstatements within the financial statements. We take no responsibility for preventing non-compliance or fraud and cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.
Other matters
As required by ISA 710, we draw attention to the fact that the comparative figures for the prior year have not been audited by us and, accordingly, we do not express an audit opinion on them.

Page 6


Fire Suppression Solutions Limited

Independent auditors' report to the members of Fire Suppression Solutions Limited (continued)

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.

Steven James Garrod (Senior statutory auditor)

for and on behalf of Clay Ratnage Strevens & Hills

Statutory Auditors

Construction House

Runwell Road

Wickford

Essex

SS11 7HQ

18 August 2026

Page 7


Fire Suppression Solutions Limited

Consolidated statement of comprehensive income

For the year ended 31 January 2026

	2026	Unaudited 2025
Note	£	£


Turnover	4	12,637,177	8,610,082
Cost of sales		(4,223,963)	(3,240,074)
Gross profit		8,413,214	5,370,008
Administrative expenses		(6,636,356)	(5,196,636)
Exceptional administrative expenses		-	242,853
Operating profit	5	1,776,858	416,225
Interest payable and similar expenses	9	(339,153)	(253,368)
Profit before tax		1,437,705	162,857
Tax on profit	10	37,028	(45,234)
Profit for the financial year		1,474,733	117,623

Other comprehensive income for the year

Profit for the year attributable to:
Owners of the parent company		1,474,733	117,623

There were no recognised gains and losses for 2026 or 2025 other than those included in the consolidated statement of comprehensive income.

The notes on pages 16 to 38 form part of these financial statements.

Page 8


Fire Suppression Solutions Limited Registered number:09737520

Consolidated balance sheet

As at 31 January 2026

		2026		Unaudited 2025
Note	£	£	£	£

Fixed assets
Intangible assets	12		2,114,324		2,218,566
Tangible assets	13		2,328,207		1,859,386
Investments	14		5,853		5,853
			4,448,384		4,083,805
Current assets
Stock	15	1,345,949		1,352,047
Debtors: amounts falling due within one year	16	3,250,709		1,919,563
Cash at bank and in hand	17	343,100		76,113
		4,939,758		3,347,723
Creditors: amounts falling due within one year	18	(6,927,036)		(5,769,233)
Net current liabilities			(1,987,278)		(2,421,510)
Total assets less current liabilities			2,461,106		1,662,295
Creditors: amounts falling due after more than one year	19		(1,058,493)		(2,036,680)
Provisions for liabilities
Deferred taxation	22		(134,831)		(171,792)
Other provisions			(339,226)		-
Net assets/(liabilities)			928,556		(546,177)

Capital and reserves
Called up share capital	24	2,373	2,373
Share premium account		466,593	466,593
Capital redemption reserve		171	171
Profit and loss account		459,419	(1,015,314)
		928,556	(546,177)

The financial statements were approved and authorised for issue by the board; and were signed on its behalf on 18 August 2026.

L Palmer

Director

The notes on pages 16 to 38 form part of these financial statements.

Page 9


Fire Suppression Solutions Limited Registered number:09737520

Company balance sheet

As at 31 January 2026

		2026		Unaudited 2025
Note	£	£	£	£

Fixed assets
Investments	14		2,073,753		2,073,753
Current assets
Cash at bank and in hand	17	171		171
		171		171
Creditors: amounts falling due within one year	18	(611,016)		(775,096)
Net current liabilities			(610,845)		(774,925)
Total assets less current liabilities			1,462,908		1,298,828

Creditors: amounts falling due after more than one year	19		(1,215,674)		(1,038,965)

Net assets			247,234		259,863

Capital and reserves
Called up share capital	24	2,373	2,373
Share premium account		466,593	466,593
Capital redemption reserve		171	171
Profit and loss account		(221,903)	(209,274)
		247,234	259,863

The financial statements were approved and authorised for issue by the board; and were signed on its behalf on 18 August 2026.

L Palmer

Director

The notes on pages 16 to 38 form part of these financial statements.

Page 10


Fire Suppression Solutions Limited

Consolidated statement of changes in equity

For the year ended 31 January 2026

	Called up share capital	Share premium account	Capital redemption reserve	Profit and loss account	Total equity
	£	£	£	£	£
At 1 February 2025	2,373	466,593	171	(1,015,314)	(546,177)

Profit for the year	-	-	-	1,474,733	1,474,733
At 31 January 2026	2,373	466,593	171	459,419	928,556

Consolidated statement of changes in equity

For the year ended 31 January 2025

	Called up share capital	Share premium account	Capital redemption reserve	Profit and loss account	Total equity
	£	£	£	£	£
At 1 February 2024	513	-	171	(1,132,937)	(1,132,253)

Profit for the year	-	-	-	117,623	117,623
Shares issued during the year	1,860	466,593	-	-	468,453
At 31 January 2025	2,373	466,593	171	(1,015,314)	(546,177)

The notes on pages 16 to 38 form part of these financial statements.

Page 11


Fire Suppression Solutions Limited

Company statement of changes in equity

For the year ended 31 January 2026

	Called up share capital	Share premium account	Capital redemption reserve	Profit and loss account	Total equity
	£	£	£	£	£
At 1 February 2025	2,373	466,593	171	(209,274)	259,863

Loss for the year	-	-	-	(12,629)	(12,629)
At 31 January 2026	2,373	466,593	171	(221,903)	247,234

Company statement of changes in equity

For the year ended 31 January 2025

	Called up share capital	Share premium account	Capital redemption reserve	Profit and loss account	Total equity
	£	£	£	£	£
At 1 February 2024	513	-	171	(187,613)	(186,929)

Loss for the year	-	-	-	(21,661)	(21,661)
Shares issued during the year	1,860	466,593	-	-	468,453
At 31 January 2025	2,373	466,593	171	(209,274)	259,863

The notes on pages 16 to 38 form part of these financial statements.

Page 12


Fire Suppression Solutions Limited

Consolidated statement of cash flows

For the year ended 31 January 2026

			2026	Unaudited 2025
			£	£

Cash flows from operating activities
Profit before tax	1,437,704	162,856
Adjustments for:
Amortisation of intangible assets	367,647	248,618
Depreciation of tangible assets	334,224	324,037
Interest paid	339,153	253,368
Decrease in stock	6,098	278,402
Increase in debtors	(1,331,145)	(563,246)
Decrease in amounts owed by previous non-group companies	-	(1,429,222)
Increase/(decrease) in creditors	478,913	(16,267)
Decrease in amounts owed to associates	(17,056)	(132,522)
Negative goodwill	-	(242,853)
Corporation tax paid	(24,970)	-
Net cash generated from operating activities	1,590,568	(1,116,829)

Cash flows from investing activities
Purchase of intangible fixed assets	(263,405)	(652,055)
Purchase of tangible fixed assets	(805,648)	(400,293)
Sale of tangible fixed assets	2,129	-
HP interest paid	(110,273)	(84,743)
Net cash from investing activities	(1,177,197)	(1,137,091)
Cash flows from financing activities
New secured loans	-	1,498,851
Repayment of loans	(653,185)	-
Other new loans	134,446	-
New finance leases	117,510	388,262
Interest paid	(228,881)	(168,625)
Net cash used in financing activities	(630,110)	1,718,488
Net decrease in cash and cash equivalents	(216,739)	(535,432)
Cash and cash equivalents at beginning of year	(923,049)	(289,495)
Foreign exchange gains and losses	42,563	(98,122)
Cash and cash equivalents at the end of year	(1,097,225)	(923,049)

Page 13


Fire Suppression Solutions Limited

Consolidated statement of cash flows (continued)

For the year ended 31 January 2026

		2026	2025
		£	£

Cash and cash equivalents at the end of year comprise:
Cash at bank and in hand	343,100	76,113
Bank overdrafts	(1,440,325)	(999,162)
	(1,097,225)	(923,049)

The notes on pages 16 to 38 form part of these financial statements.

Page 14


Fire Suppression Solutions Limited

Consolidated analysis of net debt

For the year ended 31 January 2026


At 1 February 2025	Cash flows	At 31 January 2026
£	£	£

Cash at bank and in hand	76,113	266,987	343,100
Bank overdrafts	(999,162)	(441,162)	(1,440,324)
Debt due after 1 year	(1,179,562)	996,015	(183,547)
Debt due within 1 year	(526,137)	(841,986)	(1,368,123)
Finance leases	(1,271,085)	(117,509)	(1,388,594)
	(3,899,833)	(137,655)	(4,037,488)

The notes on pages 16 to 38 form part of these financial statements.

Page 15


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

1.	General information

Fire Suppression Solutions Limited is a private company limited by shares, incorporated in England and Wales. Its registered office is Appledale, 1 Eastways, Witham, Essex, United Kingdom, CM8 3YQ.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires group management to exercise judgment in applying the group's accounting policies (see note 3).

The company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of comprehensive income in these financial statements.

The following principal accounting policies have been applied:

2.2

Basis of consolidation

The consolidated financial statements present the results of the company and its own subsidiaries ("the group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.
The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Balance sheet, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the Consolidated statement of comprehensive income from the date on which control is obtained. They are deconsolidated from the date control ceases.

Page 16


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the group and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the group has transferred the significant risks and rewards of ownership to the buyer;

∙the group retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the group will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the group will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 17


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the straight line and reducing balance basis.

Depreciation is provided on the following basis:

Short-term leasehold property	-	10%	straight line
Plant and machinery	-	10%	reducing balance
Motor vehicles	-	20%	reducing balance
Fixtures and fittings	-	15%	straight line
Office equipment	-	25%	reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7

Stock

Stock is stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

In the Consolidated statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the group's cash management.

Page 18


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

2.Accounting policies (continued)

2.10

Financial instruments

The group has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the group's Balance sheet when the group becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The group's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Page 19


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

2.Accounting policies (continued)

2.10

Financial instruments (continued)

Basic financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the group after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans, other loans and loans due to fellow group companies are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the group transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the group will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the group's contractual obligations expire or are discharged or cancelled.

Page 20


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

2.Accounting policies (continued)

2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.12

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Consolidated statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

On consolidation, the results of overseas operations are translated into Sterling at rates approximating to those ruling when the transactions took place. All assets and liabilities of overseas operations are translated at the rate ruling at the reporting date. Exchange differences arising on translating the opening net assets at opening rate and the results of overseas operations at actual rate are recognised in other comprehensive income.

2.13

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.14

Operating leases: the group as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 21


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

2.Accounting policies (continued)

2.15

Pensions

Defined contribution pension plan

The group operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the group pays fixed contributions into a separate entity. Once the contributions have been paid the group has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the group in independently administered funds.

2.16

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.17

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

Page 22


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

2.Accounting policies (continued)

2.18

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company and the group operate and generate income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits;

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met; and

∙Where they relate to timing differences in respect of interests in subsidiaries, associates, branches and joint ventures and the group can control the reversal of the timing differences and such reversal is not considered probable in the foreseeable future.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.19

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the group but are presented separately due to their size or incidence.

2.20

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

Page 23


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

3.	Judgements in applying accounting policies and key sources of estimation uncertainty

In preparing these financial statements, the directors have made judgements, estimates and assumptions that affect the amounts reported. These are reviewed on an ongoing basis. Revisions to estimates are recognised in the period in which the estimate is revised and in any future periods affected.
Judgements
The directors do not consider there to be any judgements, apart from those involving estimations, that have had a significant effect on the amounts recognised in the financial statements.
Key sources of estimation uncertainty
Warranty provision
The company provides for the expected cost of warranty claims on products sold. The provision is calculated as a percentage of sales, based on historical claims experience. Actual claims may differ from this estimate. The carrying amount of the warranty provision at the reporting date was £339,226 (2025 - £Nil).
Deferred tax
Deferred tax assets are recognised only to the extent that directors consider that they can be reliably measured and it is probable that there will be suitable profits from which the future reversal of the underlying timing difference can be deducted.
Useful lives of property, plant and equipment and intangible assets
The charge in respect of periodic depreciation or amortisation is derived after determine an estimate of an asset’s expected useful life and the expected residual value at the end of its life. The useful lives of the company’s assets are determined by management at the time the asset is acquired and reviewed at least annually for appropriateness. The lives are based on historical experience with similar assets as well as anticipation of future events, which may impact their life, such as changes in technology.
Stock
Stock and work in progress are stated at the lower of cost and net realisable value as determined by management based on historical experience with similar items as well as anticipation of future changes which may affect the value, such as changes in the economic environment. Additionally, management make regular assessments of provisions for obsolete and slow moving items to determine their reasonableness and make adjustments as necessary.

Page 24


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

Revenue

An analysis of revenue by class of business is as follows:
	2026	Unaudited 2025
	£	£

Supply, installation and repair of fire safety equipment	8,520,894	5,557,775
Distribution and carriage	4,115,651	3,052,307
Other income	632	-
	12,637,177	8,610,082

Analysis of revenue by country of destination:

					2026	Unaudited 2025
					£	£

United Kingdom	6,887,923	4,269,932
Rest of Europe	672,073	279,949
Rest of the world	5,077,181	4,060,201
	12,637,177	8,610,082

Exchange differences	(19,933)	(67,768)
Other operating lease rentals	117,411	106,355
Amortisation of intangible fixed assets	367,647	248,618
Depreciation of tangible fixed assets	334,224	324,037
Auditors remuneration	32,500	-
	831,849	611,242

Page 25


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

Fees payable to the company's auditors for the audit of the consolidated and parent company's financial statements

5,500

7.	Employees
	Staff costs, including director's remuneration, were as follows:

		Group	Group
		2026	Unaudited 2025
		£	£


Wages and salaries	4,081,648	3,346,821
Social security costs	399,980	360,719
Cost of defined contribution scheme	80,249	56,476
	4,561,877	3,764,016

The average monthly number of employees, including the director, during the year was as follows:

	Group	Group	Company	Company
	2026	2025	2026	2025
	No.	No.	No.	No.

Directors	5	6	2	4
Admin	7	6	-	-
Operations	37	31	-	-
Sales	7	10	-	-

	56	53	2	4

8.	Director's remuneration

The highest paid director received remuneration of £300,010 (2025 - £300,000).

Page 26


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

9.	Interest payable and similar expenses
		2026	Unaudited 2025
		£	£

Bank interest payable	48,135	67,759
Other loan interest payable	106,018	42,794
Finance leases and hire purchase contracts	110,273	84,743
Other interest payable	74,727	58,072
	339,153	253,368

Page 27


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

Corporation tax
Current tax on profits for the year	(67)	24,913

	Deferred tax
	Origination and reversal of timing differences	(36,961)	20,321


	Tax on profit	(37,028)	45,234

Profit before tax

1,437,704

162,856

Profit multiplied by standard rate of corporation tax in the UK of 25%	359,426	40,714
Effects of:
Expenses not deductible for tax purposes	26,985	4,129
Timing differences in relation to capital allowances	(121,068)	9,536
Increase or decrease in pension fund prepayment leading to an increase/(decrease) in tax	1,447	(1,645)
Non-taxable income less expenses not deductible for tax purposes, other than goodwill and impairment	70,927	63,047
Research and development costs capitalised	(65,851)	(41,821)
Tax losses utilised	(308,894)	(28,726)
Total tax charge for the year	(37,028)	45,234

Factors that may affect future tax charges

There were no factors that may affect future tax charges.

Page 28


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

11.	Exceptional items
		2026	Unaudited 2025
		£	£

Negative goodwill on acquisition

(242,853)

12.	Intangible assets
	Group and Company

		Development expenditure
		£
	Cost
	At 1 February 2025	3,925,305
	Additions - internal	263,405
	At 31 January 2026	4,188,710
	Amortisation
	At 1 February 2025	1,706,739
	Charge for the year	367,647
	At 31 January 2026	2,074,386
	Net book value
	At 31 January 2026	2,114,324
	At 31 January 2025	2,218,566

Page 29


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

13.	Tangible fixed assets
	Group

	Short-term leasehold property	Plant and machinery	Motor vehicles	Fixtures and fittings	Office equipment	Total
	£	£	£	£	£	£
Cost
At 1 February 2025	-	1,180,272	1,011,940	62,883	171,655	2,426,750
Additions	146,373	524,199	55,203	5,942	73,931	805,648
Disposals	-	-	(7,000)	-	-	(7,000)
Exchange adjustments	-	-	-	(93)	(395)	(488)
At 31 January 2026	146,373	1,704,471	1,060,143	68,732	245,191	3,224,910
Depreciation
At 1 February 2025	-	226,998	243,843	21,472	75,050	567,363
Charge for the year - owned	5,694	22,138	131,707	9,708	28,627	197,874
Charge for the year - financed	-	115,847	19,453	-	1,050	136,350
Disposals	-	-	(4,871)	-	-	(4,871)
Exchange adjustments	-	-	-	(2)	(11)	(13)
At 31 January 2026	5,694	364,983	390,132	31,178	104,716	896,703
Net book value
At 31 January 2026	140,679	1,339,488	670,011	37,554	140,475	2,328,207
At 31 January 2025	-	953,273	768,097	41,411	96,605	1,859,386

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
	2026	2025
	£	£


Plant and machinery	1,232,781	861,492
Motor vehicles	590,828	576,556
Office equipment	17,850	-
	1,841,459	1,438,048

Page 30


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

14.	Fixed asset investments
	Group

		Investments in dormant subsidiary companies
		£
	Cost
	At 1 February 2025	5,853
	At 31 January 2026	5,853

	Company

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 February 2025	2,073,753
	At 31 January 2026	2,073,753

Subsidiary undertakings
The following were subsidiary undertakings of the company:
Name	Registered office	Class of shares	Holding

	Fireward Limited	1 Appledale, 1 Eastways, Witham, Essex, United Kingdom, CM8 3YQ	Ordinary	100%
	Reacton Fire Suppression Ltd	Office 2/3 2nd Floor, 48 West George Street, Glasgow, Scotland, G2 1BP	Ordinary	100%

Page 31


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

Subsidiary undertakings (continued)

The aggregate of the share capital and reserves as at 31 January 2026 and the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:
Name	Aggregate of share capital and reserves	Profit/(Loss)
	£	£

	Fireward Limited	1,721,495	601,569
	Reacton Fire Suppression Ltd	1,703,519	846,467

15.	Stock
		Group	Group
		2026	Unaudited 2025
		£	£

	Finished goods and goods for resale	1,345,949	1,352,047

The difference between purchase price or production cost of stocks and their replacement cost is not material.

16.

Debtors

		Group	Group
		2026	Unaudited 2025
		£	£


Trade debtors	2,810,881	1,628,657
Amounts owed by associates	-	2,976
Other debtors	122,122	9,874
Prepayments and accrued income	317,706	278,056
	3,250,709	1,919,563

Page 32


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

17.	Cash and cash equivalents
		Group	Group	Company	Company
		2026	Unaudited 2025	2026	Unaudited 2025
		£	£	£	£

Cash at bank and in hand	343,100	76,113	171	171
Less: bank overdrafts	(1,440,324)	(999,162)	-	-
	(1,097,224)	(923,049)	171	171

18.	Creditors: Amounts falling due within one year
		Group	Group	Company	Company
		2026	Unaudited 2025	2026	Unaudited 2025
		£	£	£	£

Bank overdrafts	1,440,324	999,162	-	-
Bank loans	414,777	-	-	-
Other loans	145,833	83,333	-	-
Payments received on account	2,139	2,839	-	-
Trade creditors	388,520	571,321	-	-
Amounts owed to group undertakings	-	-	33,263	33,263
Amounts owed to related parties	2,334,656	2,351,712	269,696	269,696
Corporation tax	-	24,904	-	-
Other taxation and social security	353,138	270,693	-	-
Obligations under finance lease and hire purchase contracts	513,649	413,967	-	-
Other creditors	823,060	479,043	263,780	398,766
Accruals and deferred income	510,940	572,259	44,277	73,371
	6,927,036	5,769,233	611,016	775,096

Page 33


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

19.	Creditors: Amounts falling due after more than one year
		Group	Group	Company	Company
		2026	Unaudited 2025	2026	Unaudited 2025
		£	£	£	£

Bank loans	-	829,348	-	-
Other loans	-	166,667	-	-
Net obligations under finance leases and hire purchase contracts	874,946	857,118	-	-
Amounts owed to group undertakings	-	-	1,032,127	855,418
Share capital treated as debt	183,547	183,547	183,547	183,547
	1,058,493	2,036,680	1,215,674	1,038,965

Disclosure of the terms and conditions attached to the non-equity shares is made in note 24.

Page 34


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

20.	Loans
	Analysis of the maturity of loans is given below:
		Group	Group
		2026	Unaudited 2025
		£	£

Amounts falling due within one year
Bank loans	414,777	-
Other loans	145,833	83,333
	560,610	83,333
Amounts falling due 1-2 years
Bank loans	-	829,348
Other loans	-	166,667
	-	996,015


	560,610	1,079,348

Bank loans consists of a Revolving Credit Facility, which was repaid in full in March 2026. Interest is charged daily using a margin of 4.35%. The loan provider, Arburthnot, held a fixed and floating charge over the company's assets.
Other loans were repaid in March 2026. Interest is charged at 15% on a fixed rate basis. This loan was not secured.

21.	Hire purchase and finance leases
	Minimum lease payments under hire purchase fall due as follows:
		Group	Group	Company	Company
		2026	Unaudited 2025	2026	Unaudited 2025
		£	£	£	£

Within one year	513,649	413,967	321,436	235,250
Between 1-5 years	874,946	857,118	340,254	240,108
	1,388,595	1,271,085	661,690	475,358

Page 35


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

22.	Deferred taxation
	Group

		2026
		£

	At beginning of year	171,792
	Released during the year	(36,961)
	At end of year	134,831



	At end of year	-

		Group	Group
		2026	Unaudited 2025
		£	£

Accelerated capital allowances

134,831

171,792

23.	Provisions
	Group

		Warranty provision
		£

	Charged to profit or loss	339,226
	At 31 January 2026	339,226

Page 36


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

Allotted, called up and fully paid

237,330 (2025 - 237,330) Ordinary A shares of £0.010000 each	2,373	2,373

	2026	Unaudited 2025
	£	£
Shares classified as debt

Allotted, called up and fully paid

70,470 (2025 - 70,470) Preference shares of £2.604610 each	183,547	183,547

The preference shares have no voting rights save where the rights to redemption attaching to them have not been satisfied; have no right to participate in any dividend; to participate in a distribution on winding up in priority to ordinary shares by way of a capital contribution, based on a multiple of their paid up value, dependent upon when such preference shares are deemed; are automatically redeemable on the fourth anniversary of their allotment.

25.	Pension commitments

The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those
of the group in independently administered funds. The pension charge represents contributions payable by the group
to the funds and amounted to £97,741 (2025 - £69,144). Contributions totalling £18,483 (2025 - £9,791) were
payable to the fund at the balance sheet date and are included in creditors.

26.	Commitments under operating leases
	At 31 January 2026 the group and the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
		Group	Group
		2026	Unaudited 2025
		£	£

Not later than 1 year	347,378	-
Later than 1 year and not later than 5 years	1,389,512	-
Later than 5 years	1,563,201	-
	3,300,091	-

Page 37


Fire Suppression Solutions Limited

Notes to the financial statements

For the year ended 31 January 2026

27.	Related party transactions
	At the balance sheet date the company had outstanding loans totalling £2,334,656 (2025 - £2,351,712) payable to a company under common control of the directors. The loan was repaid in March 2026. No interest was charged on this loan.

Page 38