Accounts Submission
Accounts Submission
QUALITY FIRE PROTECTION LTD
Company Registration Number:
04681914
(England and Wales)
Unaudited statutory accounts for the year ended 29 February 2020
Period of accounts
Start date: 01 March 2019
End date: 29 February 2020
QUALITY FIRE PROTECTION LTD
Contents of the Financial Statements
for the Period Ended 29 February 2020
Company Information - 3 | |
Report of the Directors - 4 | |
Balance sheet - 5 | |
Additional notes - 7 | |
Balance sheet notes - 11 |
QUALITY FIRE PROTECTION LTD
Company Information
for the Period Ended 29 February 2020
Director: |
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Registered office: |
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Company Registration Number: |
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QUALITY FIRE PROTECTION LTD
Directors' Report Period Ended 29 February 2020
The directors present their report with the financial statements of the company for the period ended 29 February 2020
Principal Activities
Company policy on the employment of disabled persons
Additional information
Mr John Audoire holds 100% of the issued share capital and is deemed ultimate controlling party.
Directors
The directors shown below have held office during the whole of the period from 01 March 2019 to 29 February 2020
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
QUALITY FIRE PROTECTION LTD
Balance sheet
As at
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2020 £ |
2019 £ |
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Fixed assets | |||
Tangible assets: | 5 |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 6 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 7 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
QUALITY FIRE PROTECTION LTD
Balance sheet continued
As at 29 February 2020
Notes |
2020 £ |
2019 £ |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
QUALITY FIRE PROTECTION LTD
Notes to the Financial Statements
for the Period Ended 29 February 2020
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1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
The turnover represents amounts receivable for goods and services net of VAT and trade discounts. Intangible fixed assets amortisation policy
Depreciation is calculated to write of the cost of tangible fixed assets by annual instalments over their estimated useful lives based on the net book value of assets owned at the beginning of the year and the cost of assets acquired during the year as follows:-
Motor vehicles : 20% Reducing balance;
Office Equipment : 33% Reducing balance;
Fixtures & Fittings : 15% Reducing balance;
Plat & Machinery : 25% Reducing balanceValuation information and policy
Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
QUALITY FIRE PROTECTION LTD
Notes to the Financial Statements
for the Period Ended 29 February 2020
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2. Employees
2020
2019Average number of employees during the period 3 3
QUALITY FIRE PROTECTION LTD
Notes to the Financial Statements
for the Period Ended 29 February 2020
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3. Off balance sheet disclosure
No
QUALITY FIRE PROTECTION LTD
Notes to the Financial Statements
for the Period Ended 29 February 2020
4. Dividends
2020 £ |
2019 £ |
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Dividends paid |
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QUALITY FIRE PROTECTION LTD
Notes to the Financial Statements
for the Period Ended 29 February 2020
5. Tangible assets
Plant & machinery | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ |
At 01 March 2019 |
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Additions | - |
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Disposals | - | - | - | - |
Revaluations | - | - | - | - |
Transfers | - | - | - | - |
At 29 February 2020 |
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Depreciation | ||||
At 01 March 2019 |
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Charge for year |
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On disposals | - | - | - | - |
Other adjustments | - | - | - | - |
At 29 February 2020 |
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Net book value | ||||
At 29 February 2020 |
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At 28 February 2019 |
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QUALITY FIRE PROTECTION LTD
Notes to the Financial Statements
for the Period Ended 29 February 2020
6. Debtors
2020 £ |
2019 £ |
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Trade debtors |
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Prepayments and accrued income |
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Total |
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QUALITY FIRE PROTECTION LTD
Notes to the Financial Statements
for the Period Ended 29 February 2020
7.Creditors: amounts falling due within one year note
2020 £ |
2019 £ |
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Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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