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REGISTERED NUMBER: 11497923 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Safer Hand Care Solutions Ltd

Safer Hand Care Solutions Ltd (Registered number: 11497923)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Safer Hand Care Solutions Ltd

Company Information
for the year ended 31 August 2024







DIRECTORS: S R Baddeley
Mrs S M Sargeant





REGISTERED OFFICE: The Old Police Station
Water Street
Newcastle-Under-Lyme
Staffordshire
ST5 1HN





REGISTERED NUMBER: 11497923 (England and Wales)






Safer Hand Care Solutions Ltd (Registered number: 11497923)

Statement of Financial Position
31 August 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 43,305 48,733

CURRENT ASSETS
Debtors 6 571,525 513,466
Cash at bank 128,747 126,931
700,272 640,397
CREDITORS
Amounts falling due within one year 7 (606,116 ) (520,487 )
NET CURRENT ASSETS 94,156 119,910
TOTAL ASSETS LESS CURRENT
LIABILITIES

137,461

168,643

CREDITORS
Amounts falling due after more than one
year

8

(91,190

)

(59,214

)

PROVISIONS FOR LIABILITIES (10,826 ) (12,183 )
NET ASSETS 35,445 97,246

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 35,345 97,146
35,445 97,246

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

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

Safer Hand Care Solutions Ltd (Registered number: 11497923)

Statement of Financial Position - continued
31 August 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by:




Mrs S M Sargeant - Director



S R Baddeley - Director


Safer Hand Care Solutions Ltd (Registered number: 11497923)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Safer Hand Care Solutions Ltd ('The Company') is primarily engaged in the provision of nurses and carers.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business and of the registered office is The Old Police Station, Water Street, Newcastle-under-Lyme, ST5 1HN. The registered number can be found on the Company Information page.

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Summary of significant accounting policies
The principle accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation
The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern
No material uncertainties that may cast doubt about the ability of the company to continue as a going concern have been identified by the directors, including any issues related to the general downturn in the wider economy. After accounting for foreseeable circumstances, the directors consider it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

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

Safer Hand Care Solutions Ltd (Registered number: 11497923)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

3. ACCOUNTING POLICIES - continued

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the discounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income and Retained Earnings.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 year end.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the year end.

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.

Impairment of assets
Assets not measured at fair value are reviewed for any indications that the asset maybe impaired at each statement of financial position date. If such indications exists the recoverable amount of the asset or the assets cash generating unit is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Any losses arising from impairment are recognised in the Statement of Comprehensive Income under the appropriate heading.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 19 ) .

Safer Hand Care Solutions Ltd (Registered number: 11497923)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 72,706
Additions 11,127
At 31 August 2024 83,833
DEPRECIATION
At 1 September 2023 23,973
Charge for year 16,555
At 31 August 2024 40,528
NET BOOK VALUE
At 31 August 2024 43,305
At 31 August 2023 48,733

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 521,779 454,417
Other debtors 49,746 59,049
571,525 513,466

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 32,665 11,724
Hire purchase contracts (see note 9) 13,412 13,412
Trade creditors 14,362 7,959
Taxation and social security 80,620 82,910
Other creditors 465,057 404,482
606,116 520,487

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 64,184 20,096
Hire purchase contracts (see note 9) 27,006 39,118
91,190 59,214

Safer Hand Care Solutions Ltd (Registered number: 11497923)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 13,412 13,412
Between one and five years 27,006 39,118
40,418 52,530

Non-cancellable operating leases
2024 2023
£    £   
Within one year 70,696 47,872
Between one and five years 66,300 10,590
136,996 58,462

10. RELATED PARTY DISCLOSURES

Safer Hand Solutions Limited is a related party company by virtue of it being under common control.

Included in other debtors is an interest free loan of £32,969 (2023: £49,731) due from Safer Hand Solutions Limited.