IRIS Accounts Production v24.3.2.46 01639967 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh016399672023-09-30016399672024-09-30016399672023-10-012024-09-30016399672022-09-30016399672022-10-012023-09-30016399672023-09-3001639967ns15:EnglandWales2023-10-012024-09-3001639967ns14:PoundSterling2023-10-012024-09-3001639967ns10:Director12023-10-012024-09-3001639967ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3001639967ns10:SmallEntities2023-10-012024-09-3001639967ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3001639967ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3001639967ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3001639967ns10:AbridgedAccounts2023-10-012024-09-3001639967ns10:Director22023-10-012024-09-3001639967ns10:Director32023-10-012024-09-3001639967ns10:CompanySecretary12023-10-012024-09-3001639967ns10:RegisteredOffice2023-10-012024-09-3001639967ns5:CurrentFinancialInstruments2024-09-3001639967ns5:CurrentFinancialInstruments2023-09-3001639967ns5:ShareCapital2024-09-3001639967ns5:ShareCapital2023-09-3001639967ns5:RetainedEarningsAccumulatedLosses2024-09-3001639967ns5:RetainedEarningsAccumulatedLosses2023-09-3001639967ns5:PlantMachinery2023-10-012024-09-30016399671ns10:Director12023-09-30016399671ns10:Director12022-09-30016399671ns10:Director12023-10-012024-09-30016399671ns10:Director12022-10-012023-09-30016399671ns10:Director12024-09-30016399671ns10:Director12023-09-30
REGISTERED NUMBER: 01639967 (England and Wales)















CENTRAL SAFETY LIMITED

ABRIDGED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024






CENTRAL SAFETY LIMITED (REGISTERED NUMBER: 01639967)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CENTRAL SAFETY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: S M Hawkley
S J Goodwin
Mrs L Hawkley





SECRETARY: S M Hawkley





REGISTERED OFFICE: Unit 30
North Street Industrial Estate
Droitwich Spa
Worcestershire
WR9 8JB





REGISTERED NUMBER: 01639967 (England and Wales)





ACCOUNTANTS: Charles Lovell & Co Limited
Chartered Certified Accountants
and Statutory Auditors
8 Church Green East
Redditch
Worcestershire
B98 8BP

CENTRAL SAFETY LIMITED (REGISTERED NUMBER: 01639967)

ABRIDGED BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 541 751
Investment property 5 520,000 520,000
520,541 520,751

CURRENT ASSETS
Stocks 1,000 2,500
Debtors 77,365 8,266
Cash at bank 356,967 476,981
435,332 487,747
CREDITORS
Amounts falling due within one year 3,060 14,266
NET CURRENT ASSETS 432,272 473,481
TOTAL ASSETS LESS CURRENT
LIABILITIES

952,813

994,232

PROVISIONS FOR LIABILITIES 18,875 18,915
NET ASSETS 933,938 975,317

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 933,838 975,217
SHAREHOLDERS' FUNDS 933,938 975,317

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

CENTRAL SAFETY LIMITED (REGISTERED NUMBER: 01639967)

ABRIDGED BALANCE SHEET - continued
30 SEPTEMBER 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 21 February 2025 and were signed on its behalf by:





S M Hawkley - Director


CENTRAL SAFETY LIMITED (REGISTERED NUMBER: 01639967)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Central Safety 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.

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 as modified by the revaluation of certain assets.

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 etc - 20% on cost and 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

CENTRAL SAFETY LIMITED (REGISTERED NUMBER: 01639967)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023
and 30 September 2024 19,259
DEPRECIATION
At 1 October 2023 18,508
Charge for year 210
At 30 September 2024 18,718
NET BOOK VALUE
At 30 September 2024 541
At 30 September 2023 751

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 520,000
NET BOOK VALUE
At 30 September 2024 520,000
At 30 September 2023 520,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2020 75,757
Valuation in 2023 25,000
Cost 419,243
520,000

If the rental properties had not been revalued they would have been included at the following historical cost:

30.9.24 30.9.23
£    £   
Cost 419,243 419,243

The rental properties were valued on an open market basis on 30 September 2024 by the directors .

CENTRAL SAFETY LIMITED (REGISTERED NUMBER: 01639967)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
S M Hawkley
Balance outstanding at start of year - -
Amounts advanced 76,837 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 76,837 -