Company registration number: 11853225
Unaudited financial statements
for the year ended 27 February 2024
for
Safe House Maintenance Services Ltd
Pages for filing with the Registrar
Company registration number: 11853225
Safe House Maintenance Services Ltd
Balance sheet
as at 27 February 2024
27 Feb 24 27 Feb 23
Note £ £ £ £
Fixed assets
Goodwill 4 85,257 99,214
Tangible assets 5 90,445 164,984
175,702 264,198
Current assets
Debtors 4,250 83,481
Cash at bank and in hand 97,161 129,053
101,411 212,534
Creditors: amounts falling due within one
year
(243,950) (299,770)
Net current liabilities (142,539) (87,236)
Total assets less current liabilities 33,163 176,962
Creditors: Amounts falling due after more
than one year
(1,462) (35,553)
NET ASSETS 31,701 141,409
Capital and reserves
Called up share capital 1 1
Profit and loss account 31,700 141,408
TOTAL EQUITY 31,701 141,409
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 27 February 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 11853225
Safe House Maintenance Services Ltd
Balance sheet - continued
as at 27 February 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr N Lewis, Director
27 February 2025
2
Safe House Maintenance Services Ltd
Notes to the financial statements
for the year ended 27 February 2024
1 Company information
Safe House Maintenance Services Ltd is a private company registered in England and Wales. Its registered number is 11853225. The company is limited by shares. Its registered office is Hillier Hopkins LLP, Radius House, Watford, Hertfordshire, WD17 1HP.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Goodwill
Goodwill is being amortised on the following basis: 10% straight line.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 25% reducing balance
Motor vehicles - 25% straight line
3
Safe House Maintenance Services Ltd
Notes to the financial statements - continued
for the year ended 27 February 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or lossover the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 1 (2023 - 1).
4 Goodwill
£
Cost
At 28 February 2023 139,571
At 27 February 2024 139,571
Amortisation
At 28 February 2023 40,357
Charge for year 13,957
At 27 February 2024 54,314
Net book value
At 27 February 2024 85,257
At 27 February 2023 99,214
4
Safe House Maintenance Services Ltd
Notes to the financial statements - continued
for the year ended 27 February 2024
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 28 February 2023 304,593
Additions 1,546
At 27 February 2024 306,139
Depreciation
At 28 February 2023 139,609
Charge for year 76,085
At 27 February 2024 215,694
Net book value
At 27 February 2024 90,445
At 27 February 2023 164,984
If 0 had not been revalued, 0 would have been included at the following historical cost:
27 Feb 24 27 Feb 23
£ £
Cost - -
Accumulated depreciation - -
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