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Company Registration No. 10359632 (England and Wales)
Safe Solutions International Limited Unaudited accounts for the year ended 31 August 2024
Safe Solutions International Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
288 
- 
Cash at bank and in hand
857 
652 
1,145 
652 
Creditors: amounts falling due within one year
(3,610)
(2,424)
Net current liabilities
(2,465)
(1,772)
Net liabilities
(2,465)
(1,772)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,565)
(1,872)
Shareholders' funds
(2,465)
(1,772)
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by
Donald Roger Bloom Director Company Registration No. 10359632
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Safe Solutions International Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Safe Solutions International Limited is a private company, limited by shares, registered in England and Wales, registration number 10359632. The registered office is 57 St. Laurence Way, Bidford-on-Avon, Alcester, Warwickshire, B50 4FG, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred taxation
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Deferred tax asset
288 
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Safe Solutions International Limited Notes to the Accounts for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
(30)
Loans from directors
2,968 
1,968 
Accruals
642 
486 
3,610 
2,424 
6
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
(288)
- 
2024 
2023 
£ 
£ 
Credited to the profit and loss account
(288)
- 
Provision at end of year
(288)
- 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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