TOWSAFE LTD

Company Registration Number:
08537067 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

TOWSAFE LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

TOWSAFE LTD

Company Information

for the Period Ended 31 May 2024




Director: Guy PUDDIFOOT
Registered office: 6 Harley Road
Harley Road
Sheffield
England
S11 9SD
Company Registration Number: 08537067 (England and Wales)

TOWSAFE LTD

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Guy PUDDIFOOT

This report was approved by the board of directors on 28 January 2025
And Signed On Behalf Of The Board By:

Name: Guy PUDDIFOOT
Status: Director

TOWSAFE LTD

Profit and Loss Account

for the Period Ended 31 May 2024


Notes

2024
£

2023
£
Turnover 62,327 67,954
Cost of sales ( 9,860 ) ( 10,876 )
Gross Profit or (Loss) 52,467 57,078
Administrative Expenses ( 25,102 ) ( 26,093 )
Operating Profit or (Loss) 27,365 30,985
Profit or (Loss) Before Tax 27,365 30,985
Tax on Profit ( 5,140 ) ( 5,931 )
Profit or (Loss) for Period 22,225 25,054

The notes form part of these financial statements

TOWSAFE LTD

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 575 1
Total fixed assets: 575 1
Current assets
Debtors: 5 10,364 15,157
Cash at bank and in hand: 36,672 40,807
Total current assets: 47,036 55,964
Creditors: amounts falling due within one year: 6 ( 35,472 ) ( 40,051 )
Net current assets (liabilities): 11,564 15,913
Total assets less current liabilities: 12,139 15,914
Total net assets (liabilities): 12,139 15,914

The notes form part of these financial statements

TOWSAFE LTD

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 12,039 15,814
Shareholders funds: 12,139 15,914

For the year ending 31 May 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 January 2025
And Signed On Behalf Of The Board By:

Name: Guy PUDDIFOOT
Status: Director

The notes form part of these financial statements

TOWSAFE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TOWSAFE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

TOWSAFE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

TOWSAFE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 June 2023 3,109 3,109
Additions 574 574
Disposals - -
Revaluations - -
Transfers - -
At 31 May 2024 3,683 3,683
Depreciation
At 01 June 2023 3,108 3,108
Charge for year - -
On disposals - -
Other adjustments - -
At 31 May 2024 3,108 3,108
Net book value
At 31 May 2024 575 575
At 31 May 2023 1 1

TOWSAFE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors


2024
£

2023
£
Trade debtors 10,364 15,157
Total 10,364 15,157

TOWSAFE LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 1
Taxation and social security 12,143 11,797
Other creditors 23,328 28,254
Total 35,472 40,051