IRIS Accounts Production v24.3.2.46 05077631 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh050776312023-12-31050776312024-12-31050776312024-01-012024-12-31050776312022-12-31050776312023-01-012023-12-31050776312023-12-3105077631ns15:EnglandWales2024-01-012024-12-3105077631ns14:PoundSterling2024-01-012024-12-3105077631ns10:Director12024-01-012024-12-3105077631ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3105077631ns10:SmallEntities2024-01-012024-12-3105077631ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3105077631ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3105077631ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3105077631ns10:FullAccounts2024-01-012024-12-310507763112024-01-012024-12-3105077631ns5:CurrentFinancialInstruments2024-12-3105077631ns5:CurrentFinancialInstruments2023-12-3105077631ns5:Non-currentFinancialInstruments2024-12-3105077631ns5:Non-currentFinancialInstruments2023-12-3105077631ns5:ShareCapital2024-12-3105077631ns5:ShareCapital2023-12-3105077631ns5:RetainedEarningsAccumulatedLosses2024-12-3105077631ns5:RetainedEarningsAccumulatedLosses2023-12-3105077631ns10:RegisteredOffice2024-01-012024-12-3105077631ns5:NetGoodwill2024-01-012024-12-3105077631ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3105077631ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-01-012024-12-3105077631ns5:LandBuildingsns5:OwnedOrFreeholdAssets2024-01-012024-12-3105077631ns5:PlantMachinery2024-01-012024-12-3105077631ns5:FurnitureFittings2024-01-012024-12-3105077631ns5:MotorVehicles2024-01-012024-12-3105077631ns5:ComputerEquipment2024-01-012024-12-3105077631ns5:NetGoodwill2023-12-3105077631ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-12-3105077631ns5:NetGoodwill2024-12-3105077631ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-12-3105077631ns5:NetGoodwill2023-12-3105077631ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-12-3105077631ns5:LandBuildings2023-12-3105077631ns5:PlantMachinery2023-12-3105077631ns5:FurnitureFittings2023-12-3105077631ns5:LandBuildings2024-01-012024-12-3105077631ns5:LandBuildings2024-12-3105077631ns5:PlantMachinery2024-12-3105077631ns5:FurnitureFittings2024-12-3105077631ns5:LandBuildings2023-12-3105077631ns5:PlantMachinery2023-12-3105077631ns5:FurnitureFittings2023-12-3105077631ns5:MotorVehicles2023-12-3105077631ns5:ComputerEquipment2023-12-3105077631ns5:MotorVehicles2024-12-3105077631ns5:ComputerEquipment2024-12-3105077631ns5:MotorVehicles2023-12-3105077631ns5:ComputerEquipment2023-12-3105077631ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3105077631ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3105077631ns5:Secured2024-12-3105077631ns5:Secured2023-12-31
REGISTERED NUMBER: 05077631 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Safe Solutions (Safe4) Limited

Safe Solutions (Safe4) Limited (Registered number: 05077631)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


Safe Solutions (Safe4) Limited (Registered number: 05077631)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 31,806 1,139
Tangible assets 5 309,085 324,036
340,891 325,175

CURRENT ASSETS
Stocks 58,666 52,631
Debtors 6 294,743 236,545
Cash at bank and in hand 658,902 706,107
1,012,311 995,283
CREDITORS
Amounts falling due within one year 7 289,811 326,542
NET CURRENT ASSETS 722,500 668,741
TOTAL ASSETS LESS CURRENT LIABILITIES 1,063,391 993,916

CREDITORS
Amounts falling due after more than one year 8 (85,083 ) (101,194 )

PROVISIONS FOR LIABILITIES (7,092 ) (9,094 )
NET ASSETS 971,216 883,628

CAPITAL AND RESERVES
Called up share capital 11 11
Retained earnings 971,205 883,617
SHAREHOLDERS' FUNDS 971,216 883,628

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Safe Solutions (Safe4) Limited (Registered number: 05077631)

Balance Sheet - continued
31 December 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.

The financial statements were approved by the Board of Directors and authorised for issue on 28 February 2025 and were signed on its behalf by:





Mr A D Stockwin - Director


Safe Solutions (Safe4) Limited (Registered number: 05077631)

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

1. STATUTORY INFORMATION

Safe Solutions (Safe4) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05077631

Registered office: Wharton Green
Bostock Road
Winsford
Cheshire
CW7 3BD

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.

Turnover is recognised as the company becomes entitled to consideration for the goods supplied.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

At the year end, goodwill was fully amortised.

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.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 30% on cost and 25% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost and Straight line over 5 years

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 Profit and Loss Account, 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.


Safe Solutions (Safe4) Limited (Registered number: 05077631)

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

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 8 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Development
Goodwill costs Totals
£    £    £   
COST
At 1 January 2024 66,352 2,279 68,631
Additions - 42,004 42,004
At 31 December 2024 66,352 44,283 110,635
AMORTISATION
At 1 January 2024 66,352 1,140 67,492
Amortisation for year - 11,337 11,337
At 31 December 2024 66,352 12,477 78,829
NET BOOK VALUE
At 31 December 2024 - 31,806 31,806
At 31 December 2023 - 1,139 1,139

Safe Solutions (Safe4) Limited (Registered number: 05077631)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 347,222 60,813 30,934
Additions - 7,000 -
At 31 December 2024 347,222 67,813 30,934
DEPRECIATION
At 1 January 2024 59,561 51,490 20,561
Charge for year 6,945 5,715 5,559
At 31 December 2024 66,506 57,205 26,120
NET BOOK VALUE
At 31 December 2024 280,716 10,608 4,814
At 31 December 2023 287,661 9,323 10,373

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 18,998 36,737 494,704
Additions - 1,203 8,203
At 31 December 2024 18,998 37,940 502,907
DEPRECIATION
At 1 January 2024 5,066 33,990 170,668
Charge for year 3,800 1,135 23,154
At 31 December 2024 8,866 35,125 193,822
NET BOOK VALUE
At 31 December 2024 10,132 2,815 309,085
At 31 December 2023 13,932 2,747 324,036

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 241,693 214,303
Other debtors 53,050 22,242
294,743 236,545

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 15,495 14,877
Trade creditors 74,316 73,542
Taxation and social security 168,460 206,347
Other creditors 31,540 31,776
289,811 326,542

Safe Solutions (Safe4) Limited (Registered number: 05077631)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 85,083 101,194

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 23,104 41,686

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 100,578 116,071

The bank loans and overdrafts are secured by a fixed and floating charge over the land and buildings and assets of the company.