Company Registration No. 04840869 (England and Wales)
AS Fire & Rescue Equipment Limited
Annual report and unaudited financial statements
for the year ended 31 March 2021
Pages for filing with the Registrar
AS Fire & Rescue Equipment Limited
Company information
Directors
Derek Gotts
Michael Corbishley
Secretary
Michael Corbishley
Company number
04840869
Registered office
Unit 1
Papworth Business Park
Stirling Way
Papworth Everard
Cambridgeshire
CB23 3GY
AS Fire & Rescue Equipment Limited
Contents
Page
Directors' report
1
Statement of financial position
2
Notes to the financial statements
3 - 5
AS Fire & Rescue Equipment Limited
Directors' report
For the year ended 31 March 2021
Page 1
The directors present their annual report and financial statements for the year ended 31 March 2021.
Principal activities
The company was dormant throughout the year.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
Derek Gotts
Michael Corbishley
Small companies exemption
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
On behalf of the board
Michael Corbishley
Director
15 December 2021
AS Fire & Rescue Equipment Limited
Statement of financial position
As at 31 March 2021
31 March 2021
Page 2
2021
2020
Notes
£
£
£
£
Creditors: amounts falling due within one year
3
(118,608)
(118,608)
Net current liabilities
(118,608)
(118,608)
Capital and reserves
Called up share capital
4
1
1
Profit and loss reserves
(118,609)
(118,609)
Total equity
(118,608)
(118,608)
For the financial year ended 31 March 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 15 December 2021 and are signed on its behalf by:
Michael Corbishley
Director
Company Registration No. 04840869
AS Fire & Rescue Equipment Limited
Notes to the financial statements
For the year ended 31 March 2021
Page 3
1
Accounting policies
Company information
AS Fire & Rescue Equipment Limited is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
Unit 1, Papworth Business Park, Stirling Way, Papworth Everard, Cambridgeshire, CB23 3GY.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial period. During
this time,
the company received no income and incurred no expenditure and therefore no
Profit and loss account
is presented
in these financial statements.
1.3
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company 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 debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.
AS Fire & Rescue Equipment Limited
Notes to the financial statements (continued)
For the year ended 31 March 2021
1
Accounting policies (continued)
Page 4
Classification of 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 company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including
creditors
, bank loans, loans from
fellow group companies and preference shares that are classified as debt, are
initially recognised at transaction price unless the arrangement constitutes a
financing transaction, where the debt instrument is measured at the present value of
the future
paymen
ts discounted at a market rate of interest.
Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective
interest rate method.
Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2021
2020
Number
Number
Total
3
Creditors: amounts falling due within one year
2021
2020
£
£
Amounts owed to group undertakings
118,608
118,608
AS Fire & Rescue Equipment Limited
Notes to the financial statements (continued)
For the year ended 31 March 2021
Page 5
4
Called up share capital
2021
2020
£
£
Ordinary share capital
Issued and fully paid
1 Ordinary share of £1 each
1
1
The share is entitled to vote in any circumstances.
5
Parent company
The parent undertaking is Supply 999 Holdings Limited.
The ultimate controlling party during the period was Seebeck 162 Limited.