Crown Fire Protection Limited 31/05/2020 iXBRL
Crown Fire Protection Limited 31/05/2020 iXBRL
Company registration number:
03009135
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Directors and other information
Director |
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Company number |
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Registered office |
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Business address |
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Accountants |
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Glendinning House | ||
6 Murray Street | ||
Belfast | ||
BT1 6DN | ||
Bankers |
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Bridle Road | ||
Bootle | ||
L30 4GB | ||
Report to the director on the preparation of the
unaudited statutory financial statements of Crown Fire Protection Limited
Year ended 31 May 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Crown Fire Protection Limited for the year ended 31 May 2020 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the director of Crown Fire Protection Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Crown Fire Protection Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Crown Fire Protection Limited and its director as a body for our work or for this report.
It is your duty to ensure that Crown Fire Protection Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Crown Fire Protection Limited. You consider that Crown Fire Protection Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Crown Fire Protection Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chartered Accountants
Glendinning House
6 Murray Street
Belfast
BT1 6DN
20 May 2021
Statement of financial position
31 May 2020
2020 | 2019 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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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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Creditors: amounts falling due | |||||||||
within one year | 7 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due | |||||||||
after more than one year | 8 |
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Net assets |
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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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Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
20 May 2021
, and are signed on behalf of the board by:
Director
Company registration number:
03009135
Notes to the financial statements
Year ended 31 May 2020
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is Unit 8 Brunel Business Court, Brunel Way, Thetford, Norfolk, IP24 1HP.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Operating leases
Tangible assets
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 | - |
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Fittings fixtures and equipment | - |
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Motor vehicles | - |
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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.
Impairment
Stocks
Government grants
Construction contracts
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2019:
4
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5.
Tangible assets
Plant and machinery | Fixtures, fittings and equipment | Motor vehicles | Total | ||
£ | £ | £ | £ | ||
Cost | |||||
At 1 June 2019 |
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Additions | - |
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At 31 May 2020 |
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Depreciation | |||||
At 1 June 2019 |
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Charge for the year |
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At 31 May 2020 |
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Carrying amount | |||||
At 31 May 2020 |
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At 31 May 2019 |
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6.
Debtors
2020 | 2019 | |||
£ | £ | |||
Trade debtors |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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7.
Creditors: amounts falling due within one year
2020 | 2019 | |||
£ | £ | |||
Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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The bank overdraft is secured by way of a fixed and floating charge over the assets of the company.
8.
Creditors: amounts falling due after more than one year
2020 | 2019 | |||
£ | £ | |||
Other creditors |
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_______ | _______ | |||
9.
Related party transactions
During the year the company entered into the following transactions with related parties:
Transaction value | Balance owed by/(owed to) | ||||
2020 | 2019 | 2020 | 2019 | ||
£ | £ | £ | £ | ||
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6,000 |
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( 244,860) |
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575 | - |
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_______ | _______ | _______ | _______ | ||
10.
Controlling party
The director considers that the ultimate parent company is
Carlow 2010 Limited
whose registered office is Unit 1c, 4 Westbank Drive, Belfast, BT3 9LA, Northern Ireland and that is ultimately controlled by Mr Richard Finlay
.