REGISTERED NUMBER: |
SAFLA LIMITED |
Financial Statements |
for the Year Ended 31 December 2023 |
REGISTERED NUMBER: |
SAFLA LIMITED |
Financial Statements |
for the Year Ended 31 December 2023 |
SAFLA LIMITED (REGISTERED NUMBER: 13780415) |
Contents of the Financial Statements |
for the year ended 31 December 2023 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
SAFLA LIMITED (REGISTERED NUMBER: 13780415) |
Balance Sheet |
31 December 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Intangible assets | 5 |
Current assets |
Prepayments and accrued income |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities | ( |
) | ( |
) |
Capital and reserves |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
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. |
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 |
SAFLA LIMITED (REGISTERED NUMBER: 13780415) |
Notes to the Financial Statements |
for the year ended 31 December 2023 |
1. | Statutory information |
Safla Limited is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | Statement of compliance |
3. | Accounting policies |
Basis of preparing the financial statements |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Going concern |
The company made a loss in the period. However the directors believe it is appropriate to prepare the accounts on a going concern basis as it will begin to generate income in the subsequent period. In the meantime the company has been financed by an interest free loan which will only be called for repayment when the company is in a position to do so. The directors believe that further funding in the short term will be made available as required. |
4. | Employees and directors |
The average number of employees during the year was |
5. | Intangible fixed assets |
Patents and |
licences |
£ |
Cost |
At 1 January 2023 |
and 31 December 2023 |
Amortisation |
At 1 January 2023 |
Amortisation for year |
At 31 December 2023 |
Net book value |
At 31 December 2023 |
At 31 December 2022 |
SAFLA LIMITED (REGISTERED NUMBER: 13780415) |
Notes to the Financial Statements - continued |
for the year ended 31 December 2023 |
6. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Other loans |
Accruals and deferred income |
7. | Related party disclosures |
The other loan has been provided by the shareholder and ultimate controlling party, Chris Evans - it is unsecured and interest free and as noted will only be called for repayment when the company is in a position to do so. |