IRIS Accounts Production v24.3.2.46 11125274 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111252742023-03-31111252742024-03-31111252742023-04-012024-03-31111252742022-03-31111252742022-04-012023-03-31111252742023-03-3111125274ns15:EnglandWales2023-04-012024-03-3111125274ns14:PoundSterling2023-04-012024-03-3111125274ns10:Director12023-04-012024-03-3111125274ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111125274ns10:SmallEntities2023-04-012024-03-3111125274ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111125274ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111125274ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111125274ns10:FullAccounts2023-04-012024-03-3111125274ns10:OrdinaryShareClass12023-04-012024-03-3111125274ns10:Director22023-04-012024-03-3111125274ns10:Director32023-04-012024-03-3111125274ns10:Director42023-04-012024-03-3111125274ns10:RegisteredOffice2023-04-012024-03-3111125274ns5:CurrentFinancialInstruments2024-03-3111125274ns5:CurrentFinancialInstruments2023-03-3111125274ns5:Non-currentFinancialInstruments2024-03-3111125274ns5:Non-currentFinancialInstruments2023-03-3111125274ns5:ShareCapital2024-03-3111125274ns5:ShareCapital2023-03-3111125274ns5:SharePremium2024-03-3111125274ns5:SharePremium2023-03-3111125274ns5:RetainedEarningsAccumulatedLosses2024-03-3111125274ns5:RetainedEarningsAccumulatedLosses2023-03-3111125274ns5:PlantMachinery2023-04-012024-03-3111125274ns5:PlantMachinery2023-03-3111125274ns5:ComputerEquipment2023-03-3111125274ns5:ComputerEquipment2023-04-012024-03-3111125274ns5:PlantMachinery2024-03-3111125274ns5:ComputerEquipment2024-03-3111125274ns5:PlantMachinery2023-03-3111125274ns5:ComputerEquipment2023-03-3111125274ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111125274ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3111125274ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3111125274ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3111125274ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 11125274 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Slip Safety Services Limited

Slip Safety Services Limited (Registered number: 11125274)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Slip Safety Services Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S G Chambers
C Harris
R G T Hulbert
P A Turner B.A Hons





REGISTERED OFFICE: Old Printers Yard
156 South Street
Dorking
Surrey
RH4 2HF





BUSINESS ADDRESS: TMS House
Cray Avenue
Orpington
BR5 3QB





REGISTERED NUMBER: 11125274 (England and Wales)





ACCOUNTANTS: Bullimores LLP
Chartered Accountants
Old Printers Yard
156 South Street
Dorking
Surrey
RH4 2HF

Slip Safety Services Limited (Registered number: 11125274)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,557 7,640

CURRENT ASSETS
Stocks 8,571 4,589
Debtors 5 199,162 160,854
Cash at bank and in hand 7,788 7,187
215,521 172,630
CREDITORS
Amounts falling due within one year 6 213,350 215,480
NET CURRENT ASSETS/(LIABILITIES) 2,171 (42,850 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,728

(35,210

)

CREDITORS
Amounts falling due after more than one year 7 230,638 175,881
NET LIABILITIES (219,910 ) (211,091 )

CAPITAL AND RESERVES
Called up share capital 9 672 672
Share premium 75,000 75,000
Retained earnings (295,582 ) (286,763 )
SHAREHOLDERS' FUNDS (219,910 ) (211,091 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

Slip Safety Services Limited (Registered number: 11125274)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 29 January 2025 and were signed on its behalf by:





C Harris - Director


Slip Safety Services Limited (Registered number: 11125274)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Slip Safety Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
The company has tax losses to utilise and no provision for current taxation is required. No deferred tax asset has been established for the future benefit of the losses.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

Slip Safety Services Limited (Registered number: 11125274)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2023 17,625 - 17,625
Additions 3,059 799 3,858
At 31 March 2024 20,684 799 21,483
DEPRECIATION
At 1 April 2023 9,985 - 9,985
Charge for year 2,675 266 2,941
At 31 March 2024 12,660 266 12,926
NET BOOK VALUE
At 31 March 2024 8,024 533 8,557
At 31 March 2023 7,640 - 7,640

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 196,857 154,747
Other debtors 499 5,272
Prepayments 1,806 835
199,162 160,854

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 6,274 6,646
Trade creditors 22,822 37,777
Social security and other taxes 4,825 32,737
VAT 41,658 41,978
Other creditors 134,979 89,277
Directors' current accounts 219 3,736
Accrued expenses 2,573 3,329
213,350 215,480

Slip Safety Services Limited (Registered number: 11125274)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 2-5 years 35,638 40,881
Directors loans 195,000 135,000
230,638 175,881

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Invoice financing 130,073 86,768

Included in other creditors is an invoicing financing agreement with Close Brothers Limited. The financing is secured by way of a fixed and floating charge over the company book debts and other assets. The directors have personal guarantees totalling £25,000.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
672 Ordinary 1 672 672