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REGISTERED NUMBER: 09104730 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

5 Safety Limited
Trading as
Event Safety Plan

5 Safety Limited (Registered number: 09104730)
Trading as Event Safety Plan

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


5 Safety Limited
Trading as Event Safety Plan

Company Information
for the Year Ended 31 December 2024







DIRECTORS: R J Haworth
J A Haworth



REGISTERED OFFICE: Unit H1
Innsworth Technology Park
Innsworth Lane
Gloucester
GL3 1DL



REGISTERED NUMBER: 09104730 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: HSBC Plc
2 The Promenade
Cheltenham
Gloucestershire
GL50 1LS

5 Safety Limited (Registered number: 09104730)
Trading as Event Safety Plan

Statement of Financial Position
31 December 2024

31/12/24 31/12/23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 23,293 37,745
Investments 6 50 50
23,343 37,795

CURRENT ASSETS
Debtors 7 135,670 54,487
Cash at bank 238,303 208,070
373,973 262,557
CREDITORS
Amounts falling due within one year 8 145,747 80,924
NET CURRENT ASSETS 228,226 181,633
TOTAL ASSETS LESS CURRENT
LIABILITIES

251,569

219,428

PROVISIONS FOR LIABILITIES 5,823 9,436
NET ASSETS 245,746 209,992

CAPITAL AND RESERVES
Called up share capital 100 100
Capital redemption reserve 100 100
Retained earnings 245,546 209,792
SHAREHOLDERS' FUNDS 245,746 209,992

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.

5 Safety Limited (Registered number: 09104730)
Trading as Event Safety Plan

Statement of Financial Position - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by:





R J Haworth - Director


5 Safety Limited (Registered number: 09104730)
Trading as Event Safety Plan

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


1. STATUTORY INFORMATION

5 Safety 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 three 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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

5 Safety Limited (Registered number: 09104730)
Trading as Event Safety Plan

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


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
Cost
At 1 January 2024
and 31 December 2024 7,095
Amortisation
At 1 January 2024
and 31 December 2024 7,095
Net book value
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 1 January 2024 46,987 2,342 25,177 74,506
Additions 1,000 - 4,212 5,212
Disposals (13,827 ) (328 ) (5,972 ) (20,127 )
At 31 December 2024 34,160 2,014 23,417 59,591
Depreciation
At 1 January 2024 17,264 732 18,765 36,761
Charge for year 4,413 295 5,985 10,693
Eliminated on disposal (5,165 ) (194 ) (5,797 ) (11,156 )
At 31 December 2024 16,512 833 18,953 36,298
Net book value
At 31 December 2024 17,648 1,181 4,464 23,293
At 31 December 2023 29,723 1,610 6,412 37,745

5 Safety Limited (Registered number: 09104730)
Trading as Event Safety Plan

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


6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
Cost
At 1 January 2024
and 31 December 2024 50
Net book value
At 31 December 2024 50
At 31 December 2023 50

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade debtors 78,433 38,907
Other debtors 57,237 15,580
135,670 54,487

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade creditors 43,012 2
Taxation and social security 96,066 66,719
Other creditors 6,669 14,203
145,747 80,924

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31/12/24 31/12/23
£    £   
Within one year 15,674 12,855
Between one and five years 13,785 4,928
29,459 17,783

5 Safety Limited (Registered number: 09104730)
Trading as Event Safety Plan

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


10. RELATED PARTY DISCLOSURES

Safetyplan Limited
A company controlled by R J Haworth and J A Haworth

During the year ended 31 December 2024 5 Safety Limited was invoiced £40,132 (2023 - £20,093) by Safetyplan Limited.
During the year ended 31 December 2024 5 Safety Limited invoiced £nil (2023 - £13) to Safetyplan Limited.
During the year ended 31 December 2024 5 Safety Limited loaned Safetyplan Limited £40,000 (2023 - £nil) which was repaid after the year end attracting no interest.
On 31 December 2024 Safetyplan Limited owed 5 Safety Limited £40,000 (2023 - £13) and was owed £41,933 (2023 - £nil) from 5 Safety Limited. .

Simplex Event Safety Limited
Subsidiary company

A loan existed between Simplex Event Safety Limited and 5 Safety Limited. At the year end Simplex Event Safety Limited owed 5 Safety Limited £nil (2023 - £73). The loan was interest free and is repayable on demand.

R J Haworth
Director

The director has loaned funds to the company. At 31 December 2024 £3,955 (2023 - £11,188) remained outstanding. This loan, included within other creditors, is interest free and is repayable on demand.