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REGISTERED NUMBER: 06819596 (England and Wales)















Financial Statements for the Year Ended 31 July 2023

for

Safeharbour West Midlands Limited

Safeharbour West Midlands Limited (Registered number: 06819596)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Safeharbour West Midlands Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Dr A Kumar.
B J Copeland





SECRETARY: Mrs L A Copeland





REGISTERED OFFICE: 1 Mortimer Street
Birkenhead
Merseyside
CH41 5EU





REGISTERED NUMBER: 06819596 (England and Wales)





ACCOUNTANTS: Lerman Quaile
1 Mortimer Street
Birkenhead
Merseyside
CH41 5EU

Safeharbour West Midlands Limited (Registered number: 06819596)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,589 28,964

CURRENT ASSETS
Debtors 5 55,000 -
Cash at bank 1,004,279 698,279
1,059,279 698,279
CREDITORS
Amounts falling due within one year 6 170,897 101,734
NET CURRENT ASSETS 888,382 596,545
TOTAL ASSETS LESS CURRENT
LIABILITIES

919,971

625,509

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 919,965 625,503
SHAREHOLDERS' FUNDS 919,971 625,509

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2024 and were signed on its behalf by:





B J Copeland - Director


Safeharbour West Midlands Limited (Registered number: 06819596)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Safeharbour West Midlands Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 124 (2022 - 112 ) .

Safeharbour West Midlands Limited (Registered number: 06819596)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 August 2022 86,899 169,075 255,974
Additions - 11,990 11,990
At 31 July 2023 86,899 181,065 267,964
DEPRECIATION
At 1 August 2022 78,160 148,850 227,010
Charge for year 1,310 8,055 9,365
At 31 July 2023 79,470 156,905 236,375
NET BOOK VALUE
At 31 July 2023 7,429 24,160 31,589
At 31 July 2022 8,739 20,225 28,964

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors 55,000 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 1 1,425
Taxation and social security 157,932 88,011
Other creditors 12,964 12,298
170,897 101,734