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REGISTERED NUMBER: 15052461 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 7TH AUGUST 2023 TO 31ST AUGUST 2024

FOR

SAFE CARD LTD

SAFE CARD LTD (REGISTERED NUMBER: 15052461)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 7TH AUGUST 2023 TO 31ST AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SAFE CARD LTD

COMPANY INFORMATION
FOR THE PERIOD 7TH AUGUST 2023 TO 31ST AUGUST 2024







DIRECTORS: J Prigmore
T M Deighton





REGISTERED OFFICE: 36-40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL





REGISTERED NUMBER: 15052461 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

SAFE CARD LTD (REGISTERED NUMBER: 15052461)

BALANCE SHEET
31ST AUGUST 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 36,864

CURRENT ASSETS
Debtors 5 7,398
Cash at bank 495
7,893
CREDITORS
Amounts falling due within one year 6 46,016
NET CURRENT LIABILITIES (38,123 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,259

)

CAPITAL AND RESERVES
Called up share capital 7 100
Retained earnings (1,359 )
SHAREHOLDERS' FUNDS (1,259 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st August 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.

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 & Loss and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7th May 2025 and were signed on its behalf by:



J Prigmore - Director



T M Deighton - Director


SAFE CARD LTD (REGISTERED NUMBER: 15052461)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 7TH AUGUST 2023 TO 31ST AUGUST 2024

1. STATUTORY INFORMATION

Safe Card Ltd 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.

Intangible assets
Development costs will be amortised over the useful economic life, commencing when the product goes into production.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit & Loss and Retained Earnings, 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 period 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 period was 2 .

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
Additions 36,864
At 31st August 2024 36,864
NET BOOK VALUE
At 31st August 2024 36,864

SAFE CARD LTD (REGISTERED NUMBER: 15052461)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 7TH AUGUST 2023 TO 31ST AUGUST 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
VAT 7,398

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 6,470
Other creditors 31,000
Directors' current accounts 7,346
Accrued expenses 1,200
46,016

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

8. ULTIMATE CONTROLLING PARTY

The directors hold 100% of the issued share capital.