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Company Registration No. 11924349 (England and Wales)
Project Safe Ltd Unaudited accounts for the year ended 30 April 2024
Project Safe Ltd Unaudited accounts Contents
Page
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Project Safe Ltd Company Information for the year ended 30 April 2024
Directors
Samuel Maddison Aaron Miles Neil Roberts
Company Number
11924349 (England and Wales)
Registered Office
1 FAIRFIELD MANSIONS FIFTH AVENUE CLIFTONVILLE MARGATE CT9 2JL ENGLAND
Accountants
Zubler Accountancy Services Limited 1 Fairfield Mansions Fifth Avenue Margate Kent CT9 2JL
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Project Safe Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,088 
2,426 
Current assets
Debtors
623,132 
156,682 
Cash at bank and in hand
512,235 
87,438 
1,135,367 
244,120 
Creditors: amounts falling due within one year
(573,769)
(101,955)
Net current assets
561,598 
142,165 
Total assets less current liabilities
573,686 
144,591 
Creditors: amounts falling due after more than one year
(73,199)
- 
Net assets
500,487 
144,591 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
500,387 
144,491 
Shareholders' funds
500,487 
144,591 
For the year ending 30 April 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 19 December 2024 and were signed on its behalf by
Samuel Maddison Director Company Registration No. 11924349
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Project Safe Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Project Safe Ltd is a private company, limited by shares, registered in England and Wales, registration number 11924349. The registered office is 1 FAIRFIELD MANSIONS FIFTH AVENUE, CLIFTONVILLE, MARGATE, CT9 2JL, ENGLAND.
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.
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:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
- 
3,235 
- 
3,235 
Additions
1,640 
225 
8,662 
10,527 
At 30 April 2024
1,640 
3,460 
8,662 
13,762 
Depreciation
At 1 May 2023
- 
809 
- 
809 
Charge for the year
- 
865 
- 
865 
At 30 April 2024
- 
1,674 
- 
1,674 
Net book value
At 30 April 2024
1,640 
1,786 
8,662 
12,088 
At 30 April 2023
- 
2,426 
- 
2,426 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
623,132 
156,682 
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Project Safe Ltd Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
145,670 
44,880 
Trade creditors
246,228 
36,182 
Taxes and social security
177,271 
17,200 
Loans from directors
- 
1,493 
Accruals
4,600 
2,200 
573,769 
101,955 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
73,199 
- 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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