REGISTERED NUMBER: 04820855 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SPECTRUM FIRE (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D B Horam

S R Smith

Mrs L Horam

Mrs C Smith

SECRETARY:

Mrs L Horam

REGISTERED OFFICE:

Belgrade Business Centre

Dennington Road

Dennington Road Industrial Estate

Wellingborough

Northamptonshire

NN8 2HQ

REGISTERED NUMBER:

04820855 (England and Wales)

ACCOUNTANTS:

Accounting & Management Ltd

114 Church Street

Whitby

North Yorkshire

YO22 4DE

FIXED ASSETS

Intangible assets

4

57,987

78,473

Tangible assets

5

374,392

381,870

432,379

460,343

CURRENT ASSETS

Stocks

52,380

58,255

Debtors

6

401,683

426,469

Cash at bank

270,086

402,748

724,149

887,472

CREDITORS

Amounts falling due within one year

7

504,016

551,589

NET CURRENT ASSETS

220,133

335,883

TOTAL ASSETS LESS CURRENT LIABILITIES

652,512

796,226

CREDITORS

Amounts falling due after more than one year

8

(91,910

)

(129,728

)

PROVISIONS FOR LIABILITIES

(49,356

)

(51,502

)

NET ASSETS

511,246

614,996

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

511,146

614,896

SHAREHOLDERS' FUNDS

511,246

614,996

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2025 and were signed on its behalf by:

D B Horam - Director

S R Smith - Director

Mrs L Horam - Director

Mrs C Smith - Director

1.	STATUTORY INFORMATION

Spectrum Fire (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income under administrative expenses.

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 entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

375,000

5,209

380,209

AMORTISATION

At 1 April 2024

300,000

1,736

301,736

Charge for year

18,750

1,736

20,486

At 31 March 2025

318,750

3,472

322,222

NET BOOK VALUE

At 31 March 2025

56,250

1,737

57,987

At 31 March 2024

75,000

3,473

78,473

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

Website

machinery

£

£

£

COST

At 1 April 2024

170,145

8,109

49,067

Additions

-

-

2,511

Disposals

-

-

-

At 31 March 2025

170,145

8,109

51,578

DEPRECIATION

At 1 April 2024

-

7,185

32,422

Charge for year

-

185

3,831

Eliminated on disposal

-

-

-

At 31 March 2025

-

7,370

36,253

NET BOOK VALUE

At 31 March 2025

170,145

739

15,325

At 31 March 2024

170,145

924

16,645

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

14,687

304,846

46,266

593,120

Additions

181

45,995

4,691

53,378

Disposals

-

(30,365

)

-

(30,365

)

At 31 March 2025

14,868

320,476

50,957

616,133

DEPRECIATION

At 1 April 2024

12,369

117,506

41,768

211,250

Charge for year

500

48,751

3,033

56,300

Eliminated on disposal

-

(25,809

)

-

(25,809

)

At 31 March 2025

12,869

140,448

44,801

241,741

NET BOOK VALUE

At 31 March 2025

1,999

180,028

6,156

374,392

At 31 March 2024

2,318

187,340

4,498

381,870

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

137,397

Additions

45,995

At 31 March 2025

183,392

DEPRECIATION

At 1 April 2024

41,684

Charge for year

25,845

At 31 March 2025

67,529

NET BOOK VALUE

At 31 March 2025

115,863

At 31 March 2024

95,713

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

388,454

413,391

Other debtors

13,229

13,078

401,683

426,469

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

45,454

45,454

Hire purchase contracts

46,595

34,365

Trade creditors

87,485

113,817

Taxation and social security

268,968

307,180

Other creditors

55,514

50,773

504,016

551,589

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

7,576

53,031

Hire purchase contracts

84,334

76,697

91,910

129,728