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REGISTERED NUMBER: 12413480 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

Sharpe Safety Ltd

Sharpe Safety Ltd (Registered number: 12413480)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Sharpe Safety Ltd

Company Information
for the Year Ended 31 January 2025







DIRECTOR: I R Sharpe





REGISTERED OFFICE: 4 Low Dowfold
Crook
DL15 9AE





REGISTERED NUMBER: 12413480 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

Sharpe Safety Ltd (Registered number: 12413480)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 15,100 18,707

CURRENT ASSETS
Debtors 5 107,061 125,038
Cash at bank 96,035 177,433
203,096 302,471
CREDITORS
Amounts falling due within one year 6 14,111 52,445
NET CURRENT ASSETS 188,985 250,026
TOTAL ASSETS LESS CURRENT
LIABILITIES

204,085

268,733

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 204,083 268,731
SHAREHOLDERS' FUNDS 204,085 268,733

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Sharpe Safety Ltd (Registered number: 12413480)

Balance Sheet - continued
31 January 2025


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 director and authorised for issue on 19 February 2025 and were signed by:





I R Sharpe - Director


Sharpe Safety Ltd (Registered number: 12413480)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Sharpe Safety Ltd 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

Sharpe Safety Ltd (Registered number: 12413480)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 February 2024 22,000 8,468 30,468
Additions - 1,206 1,206
Disposals - (978 ) (978 )
At 31 January 2025 22,000 8,696 30,696
DEPRECIATION
At 1 February 2024 9,625 2,136 11,761
Charge for year 3,094 1,027 4,121
Eliminated on disposal - (286 ) (286 )
At 31 January 2025 12,719 2,877 15,596
NET BOOK VALUE
At 31 January 2025 9,281 5,819 15,100
At 31 January 2024 12,375 6,332 18,707

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£ £
Trade debtors - 14,106
Directors' loan accounts 106,204 109,953
VAT 154 366
Prepayments 703 613
107,061 125,038

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£ £
Trade creditors 74 314
Tax 13,152 51,396
Social security and other taxes 150 -
Accrued expenses 735 735
14,111 52,445

Sharpe Safety Ltd (Registered number: 12413480)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25 31.1.24
£ £
I R Sharpe
Balance outstanding at start of year 109,953 125,056
Amounts advanced 106,252 109,897
Amounts repaid (110,000 ) (125,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 106,205 109,953

Sharpe Safety Ltd

Report of the Accountants to the Director of
Sharpe Safety Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2025 set out on pages one to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


19 February 2025