A surface coating includes fire retarding and smoke suppressing constituents dispersed throughout an essentially non-toxic, water-based adhesive binder. The coating comprises a mixture of chemical compounds where each constituent falls into one of six functional groups, being: 1) catalyst/initiator; 2) expandable graphite; 3) carbonific, or source of carbon which additionally forms water; 4) blowing agent (a source of non-flammable gases); 5) cement; and, 6) ceramic.