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REGISTERED NUMBER: 08905685 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

SAFETY FORWARD LIMITED

SAFETY FORWARD LIMITED (REGISTERED NUMBER: 08905685)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SAFETY FORWARD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTOR: Mrs M J Firkins



REGISTERED OFFICE: Meeson House Pinfold Lane
Penkridge
Stafford
Staffordshire
ST19 5AP



REGISTERED NUMBER: 08905685 (England and Wales)



ACCOUNTANTS: MPS Accountancy Ltd
Unit S The Wallows
Industrial Estate
Fens Pool Avenue
Brierley Hill
DY5 1QA



BANKERS: HSBC Bank Plc
8 Market Square
Stafford
Staffordshire
ST16 2JP



INCORPORATED: 21st February 2014

SAFETY FORWARD LIMITED (REGISTERED NUMBER: 08905685)

ABRIDGED BALANCE SHEET
28 FEBRUARY 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 149
Tangible assets 5 8,191 13,786
8,191 13,935

CURRENT ASSETS
Debtors 96,888 48,161
Cash at bank 58,299 70,383
155,187 118,544
CREDITORS
Amounts falling due within one year 87,143 67,917
NET CURRENT ASSETS 68,044 50,627
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,235

64,562

CREDITORS
Amounts falling due after more than one
year

(3,516

)

(8,682

)

PROVISIONS FOR LIABILITIES 7 (766 ) (2,159 )
NET ASSETS 71,953 53,721

CAPITAL AND RESERVES
Called up share capital 8 100 100
Capital redemption reserve 11 11
Retained earnings 71,842 53,610
SHAREHOLDERS' FUNDS 71,953 53,721

SAFETY FORWARD LIMITED (REGISTERED NUMBER: 08905685)

ABRIDGED BALANCE SHEET - continued
28 FEBRUARY 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 28 February 2025 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 director and authorised for issue on 21 March 2025 and were signed by:





Mrs M J Firkins - Director


SAFETY FORWARD LIMITED (REGISTERED NUMBER: 08905685)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

Safety Forward 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.

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

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.

Computer software is being amortised evenly over its estimated useful life of five years.

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 cost
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Financial instruments
The company only enters into basis financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans from related parties.

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.


SAFETY FORWARD LIMITED (REGISTERED NUMBER: 08905685)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 9 ) .

SAFETY FORWARD LIMITED (REGISTERED NUMBER: 08905685)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2024
and 28 February 2025 745
AMORTISATION
At 1 March 2024 596
Amortisation for year 149
At 28 February 2025 745
NET BOOK VALUE

At 28 February 2025 -
At 29 February 2024 149

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2024 35,664
Additions 151
At 28 February 2025 35,815
DEPRECIATION
At 1 March 2024 21,878
Charge for year 5,746
At 28 February 2025 27,624
NET BOOK VALUE
At 28 February 2025 8,191
At 29 February 2024 13,786

6. LOANS

An analysis of the maturity of loans is given below:

28.2.25 29.2.24
£    £   
Amounts falling due within one year or on demand:
Bank loans 5,166 5,039

SAFETY FORWARD LIMITED (REGISTERED NUMBER: 08905685)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

6. LOANS - continued
28.2.25 29.2.24
£    £   
Amounts falling due between one and two years:
Bank loans - 1-2 years 3,516 5,166

Amounts falling due between two and five years:
Bank loans - 2-5 years - 3,516

7. PROVISIONS FOR LIABILITIES
28.2.25 29.2.24
£    £   
Deferred tax 766 2,159

Deferred
tax
£   
Balance at 1 March 2024 2,159
Utilised during year (1,393 )
Balance at 28 February 2025 766

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated.

Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
7,000 Ordinary A 1p 70 70
3,000 Ordinary B 1p 30 30
100 100