Company Registration No. 12081409 (England and Wales)
Feed Safely Limited
Unaudited accounts
for the year ended 31 July 2024
Feed Safely Limited
Unaudited accounts
Contents
Feed Safely Limited
Company Information
for the year ended 31 July 2024
Company Number
12081409 (England and Wales)
Registered Office
10 St. Peters Avenue
Caversham
Reading
RG4 7DD
Feed Safely Limited
Statement of financial position
as at 31 July 2024
Tangible assets
2,559
3,403
Cash at bank and in hand
1,126
170
Creditors: amounts falling due within one year
(1,500)
(1,569)
Net current assets/(liabilities)
2,589
(100)
Total assets less current liabilities
5,148
3,303
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
4,661
2,656
Shareholders' funds
4,662
2,657
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 November 2024 and were signed on its behalf by
Eden Elgeti
Director
Company Registration No. 12081409
Feed Safely Limited
Notes to the Accounts
for the year ended 31 July 2024
Feed Safely Limited is a private company, limited by shares, registered in England and Wales, registration number 12081409. The registered office is 10 St. Peters Avenue, Caversham, Reading, RG4 7DD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
4 years on cost
Computer equipment
3 and 4 years on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Feed Safely Limited
Notes to the Accounts
for the year ended 31 July 2024
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2023
3,384
3,041
6,425
At 31 July 2024
3,384
3,899
7,283
At 1 August 2023
1,058
1,964
3,022
Charge for the year
846
856
1,702
At 31 July 2024
1,904
2,820
4,724
At 31 July 2024
1,480
1,079
2,559
At 31 July 2023
2,326
1,077
3,403
Amounts falling due within one year
Accrued income and prepayments
803
683
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
648
-
Loans from directors
342
1,119
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).