Fire4 Systems UK Limited Small abbreviated accounts

FIRE4 SYSTEMS UK LIMITED - Company Information

FY Private Limited Company Company accounts 2017-04-29 2017-04-29 2016-07-31 false false false false false false false false false false false false false true 2015-08-01 true xbrli:pure xbrli:shares iso4217:GBP 05881447 2015-08-01 2016-07-31 05881447 2016-07-31 05881447 2015-07-31 05881447 2014-08-01 2015-07-31 05881447 2015-07-31 05881447 uk-gaap:FixturesFittings 2015-08-01 2016-07-31 05881447 uk-gaap:OfficeEquipment 2015-08-01 2016-07-31 05881447 uk-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 05881447 uk-gaap:AllSubsidiaries 2015-08-01 2016-07-31 05881447 uk-bus:OrdinaryShareClass1 2016-07-31 05881447 uk-bus:OrdinaryShareClass1 2015-07-31 05881447 uk-bus:Director1 2015-08-01 2016-07-31 05881447 uk-lang:English 2015-08-01 2016-07-31 05881447 uk-curr:PoundSterling 2015-08-01 2016-07-31

Company registration number 05881447

Fire4 Systems UK Limited

Unaudited abbreviated financial statements

31 July 2016

Fire4 Systems UK Limited

Abbreviated financial statements

31st July 2016

Abbreviated balance sheet

as at 31st July 2016

	2016		2015
Note	£	£	£	£

Fixed assets	2
Tangible assets		2,230	2,012

Current assets

Stocks	1,900		4,466
Debtors	1,596		1,776
Cash at bank and in hand	104,515		107,869
	---------		---------
	108,011		114,111
Creditors: Amounts falling due within one year	51,065		29,330
	---------		---------
Net current assets		56,946		84,781
		-------		-------
Total assets less current liabilities		59,176		86,793
Provisions for liabilities		400		400
		-------		-------
		58,776		86,393
		-------		-------

Capital and reserves

Called-up equity share capital	3	100	100
Profit and loss account		58,676	86,293
		-------	-------
Shareholders' funds		58,776	86,393
		-------	-------

For the year ended 31st July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated financial statements were approved and signed by the director and authorised for issue on 28 April 2017 .

T J Barker

Director

Company Registration Number: 05881447

Fire4 Systems UK Limited

Abbreviated financial statements

31st July 2016

Notes to the abbreviated financial statements

for the Year ended 31st July 2016

1. Accounting policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

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

Fixtures & Fittings-25% reducing balance basis

Computer & Equipment-3 years straight line basis

Stocks

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

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions:

Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned. However, no provision is made where, on the basis of all available evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled over into replacement assets and charged to tax only where the replacement assets are sold.

Deferred tax assets are recognised only to the extent that the director considers that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2. Fixed assets

	Tangible Assets
	£

Cost

At 1st August 2015	8,746
Additions	1,608
	-------
At 31st July 2016	10,354
	-------

Depreciation

At 1st August 2015	6,734
Charge for year	1,390
	------
At 31st July 2016	8,124
	------

Net book value

At 31st July 2016	2,230
	------

At 31st July 2015	2,012
	------

3. Share capital

Allotted, called up and fully paid:

2016		2015
No	£	No	£

Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----