Company Registration No. 10122918 (England and Wales)
Safelee Training Ltd
Unaudited accounts
for the year ended 30 April 2024
Safelee Training Ltd
Unaudited accounts
Contents
Safelee Training Ltd
Company Information
for the year ended 30 April 2024
Company Number
10122918 (England and Wales)
Registered Office
4 Careless Court
Newton Road
Bishops Storford
Herts
CM23 3AD
Accountants
Project H Limited Accountants
Beadle House
Bull Plain
Hertford
Hertfordshire
SG14 1DT
Safelee Training Ltd
Accountants' report
Accountants' report to the director of Safelee Training Ltd on the preparation of the unaudited statutory accounts for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Safelee Training Ltd for the year ended
30 April 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Safelee Training Ltd, as a body, in accordance with the terms of our engagement letter dated 13 April 2016. Our work has been undertaken solely to prepare for your approval the accounts of Safelee Training Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Safelee Training Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Safelee Training Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Safelee Training Ltd. You consider that Safelee Training Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Safelee Training Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Project H Limited Accountants
Beadle House
Bull Plain
Hertford
Hertfordshire
SG14 1DT
3 September 2024
Safelee Training Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
43,529
70,782
Cash at bank and in hand
123,956
60,722
Creditors: amounts falling due within one year
(65,564)
(13,427)
Net current assets
58,392
47,295
Total assets less current liabilities
101,921
118,077
Creditors: amounts falling due after more than one year
(7,091)
(10,800)
Provisions for liabilities
Deferred tax
(8,154)
(11,126)
Called up share capital
10
10
Profit and loss account
86,666
96,141
Shareholders' funds
86,676
96,151
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 director acknowledges his 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 3 September 2024 and were signed on its behalf by
Lee Pendle
Director
Company Registration No. 10122918
Safelee Training Ltd
Notes to the Accounts
for the year ended 30 April 2024
Safelee Training Ltd is a private company, limited by shares, registered in England and Wales, registration number 10122918. The registered office is 4 Careless Court, Newton Road, Bishops Storford, Herts, CM23 3AD.
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.
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
20% straight line
Motor vehicles
20% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2023
46,762
49,950
96,712
Disposals
-
(59,786)
(59,786)
At 30 April 2024
46,762
33,749
80,511
At 1 May 2023
21,340
4,590
25,930
Charge for the year
8,892
7,020
15,912
On disposals
-
(4,860)
(4,860)
At 30 April 2024
30,232
6,750
36,982
At 30 April 2024
16,530
26,999
43,529
At 30 April 2023
25,422
45,360
70,782
Safelee Training Ltd
Notes to the Accounts
for the year ended 30 April 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,656
3,600
Taxes and social security
50,838
1,151
Loans from directors
9,201
5,444
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).