IRIS Accounts Production v24.1.9.2 SC211836 director 1.11.22 31.10.23 31.10.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2118362022-10-31SC2118362023-10-31SC2118362022-11-012023-10-31SC2118362021-10-31SC2118362021-11-012022-10-31SC2118362022-10-31SC211836ns15:Scotland2022-11-012023-10-31SC211836ns14:PoundSterling2022-11-012023-10-31SC211836ns10:Director12022-11-012023-10-31SC211836ns10:PrivateLimitedCompanyLtd2022-11-012023-10-31SC211836ns10:SmallEntities2022-11-012023-10-31SC211836ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-31SC211836ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-31SC211836ns10:FullAccounts2022-11-012023-10-31SC211836ns10:OrdinaryShareClass12022-11-012023-10-31SC211836ns10:RegisteredOffice2022-11-012023-10-31SC211836ns5:CurrentFinancialInstruments2023-10-31SC211836ns5:CurrentFinancialInstruments2022-10-31SC211836ns5:ShareCapital2023-10-31SC211836ns5:ShareCapital2022-10-31SC211836ns5:RetainedEarningsAccumulatedLosses2023-10-31SC211836ns5:RetainedEarningsAccumulatedLosses2022-10-31SC211836ns5:FurnitureFittings2022-11-012023-10-31SC211836ns5:MotorVehicles2022-11-012023-10-31SC211836ns5:ComputerEquipment2022-11-012023-10-31SC211836ns5:PlantMachinery2022-10-31SC211836ns5:FurnitureFittings2022-10-31SC211836ns5:MotorVehicles2022-10-31SC211836ns5:ComputerEquipment2022-10-31SC211836ns5:PlantMachinery2022-11-012023-10-31SC211836ns5:PlantMachinery2023-10-31SC211836ns5:FurnitureFittings2023-10-31SC211836ns5:MotorVehicles2023-10-31SC211836ns5:ComputerEquipment2023-10-31SC211836ns5:PlantMachinery2022-10-31SC211836ns5:FurnitureFittings2022-10-31SC211836ns5:MotorVehicles2022-10-31SC211836ns5:ComputerEquipment2022-10-31SC211836ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-31SC211836ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31SC211836ns10:OrdinaryShareClass12023-10-31
REGISTERED NUMBER: SC211836 (Scotland)















Financial Statements

for the Year Ended 31 October 2023

for

First Safety (Scotland) Ltd

First Safety (Scotland) Ltd (Registered number: SC211836)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


First Safety (Scotland) Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTOR: J Collins





REGISTERED OFFICE: Unit 10,Evans Business Centre
68-74 Queen Elizabeth Avenue
Hillington Park
Glasgow
G52 4NQ





REGISTERED NUMBER: SC211836 (Scotland)





ACCOUNTANTS: KPP Glasgow South Ltd
Chartered Certified Accountants
Unit 3 , 37 Rosyth Road
Morris Park
Glasgow
G5 0YE

First Safety (Scotland) Ltd (Registered number: SC211836)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,166 30,284

CURRENT ASSETS
Stocks 5 1,416 3,614
Debtors 6 59,677 32,265
Cash at bank and in hand 50,699 20,590
111,792 56,469
CREDITORS
Amounts falling due within one year 7 21,628 46,219
NET CURRENT ASSETS 90,164 10,250
TOTAL ASSETS LESS CURRENT
LIABILITIES

114,330

40,534

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 114,328 40,532
SHAREHOLDERS' FUNDS 114,330 40,534

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

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

The director acknowledges his 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 director and authorised for issue on 30 July 2024 and were signed by:





J Collins - Director


First Safety (Scotland) Ltd (Registered number: SC211836)

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

1. STATUTORY INFORMATION

First Safety (Scotland) Ltd is a private company, limited by shares , registered in Scotland. 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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022
and 31 October 2023 15,000 490 20,998 9,441 45,929
DEPRECIATION
At 1 November 2022 2,250 356 5,250 7,789 15,645
Charge for year 1,913 20 3,937 248 6,118
At 31 October 2023 4,163 376 9,187 8,037 21,763
NET BOOK VALUE
At 31 October 2023 10,837 114 11,811 1,404 24,166
At 31 October 2022 12,750 134 15,748 1,652 30,284

First Safety (Scotland) Ltd (Registered number: SC211836)

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

5. STOCKS
31.10.23 31.10.22
£    £   
Stocks 1,416 3,614

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade Debtors 54,178 29,405
VAT 2,494 -
Prepayments 3,005 2,860
59,677 32,265

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts 6,026 11,193
Trade creditors 3,127 11,227
Tax 10,733 -
Social security and other taxes (4,004 ) (1,364 )
VAT - 3,178
Directors' current accounts - 15,890
Accrued expenses 5,746 6,095
21,628 46,219

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
2 Ordinary £1 2 2