IRIS Accounts Production v25.1.3.33 06332398 director 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063323982023-08-31063323982024-08-31063323982023-09-012024-08-31063323982022-08-31063323982022-09-012023-08-31063323982023-08-3106332398ns15:EnglandWales2023-09-012024-08-3106332398ns14:PoundSterling2023-09-012024-08-3106332398ns10:Director12023-09-012024-08-3106332398ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3106332398ns10:SmallEntities2023-09-012024-08-3106332398ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3106332398ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3106332398ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3106332398ns10:FullAccounts2023-09-012024-08-3106332398ns10:RegisteredOffice2023-09-012024-08-3106332398ns5:CurrentFinancialInstruments2024-08-3106332398ns5:CurrentFinancialInstruments2023-08-3106332398ns5:Non-currentFinancialInstruments2024-08-3106332398ns5:Non-currentFinancialInstruments2023-08-3106332398ns5:ShareCapital2024-08-3106332398ns5:ShareCapital2023-08-3106332398ns5:RetainedEarningsAccumulatedLosses2024-08-3106332398ns5:RetainedEarningsAccumulatedLosses2023-08-3106332398ns5:PlantMachinery2023-09-012024-08-3106332398ns5:MotorVehicles2023-09-012024-08-3106332398ns5:ComputerEquipment2023-09-012024-08-3106332398ns5:PlantMachinery2023-08-3106332398ns5:FurnitureFittings2023-08-3106332398ns5:MotorVehicles2023-08-3106332398ns5:ComputerEquipment2023-08-3106332398ns5:FurnitureFittings2023-09-012024-08-3106332398ns5:PlantMachinery2024-08-3106332398ns5:FurnitureFittings2024-08-3106332398ns5:MotorVehicles2024-08-3106332398ns5:ComputerEquipment2024-08-3106332398ns5:PlantMachinery2023-08-3106332398ns5:FurnitureFittings2023-08-3106332398ns5:MotorVehicles2023-08-3106332398ns5:ComputerEquipment2023-08-3106332398ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3106332398ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3106332398ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-08-3106332398ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-08-3106332398ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-08-3106332398ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-08-3106332398ns5:HirePurchaseContracts2024-08-3106332398ns5:HirePurchaseContracts2023-08-3106332398ns5:WithinOneYear2024-08-3106332398ns5:WithinOneYear2023-08-3106332398ns5:BetweenOneFiveYears2024-08-3106332398ns5:BetweenOneFiveYears2023-08-3106332398ns5:AllPeriods2024-08-3106332398ns5:AllPeriods2023-08-31063323981ns10:Director12023-08-31063323981ns10:Director12022-08-31063323981ns10:Director12023-09-012024-08-31063323981ns10:Director12022-09-012023-08-31063323981ns10:Director12024-08-31063323981ns10:Director12023-08-31
REGISTERED NUMBER: 06332398 (England and Wales)























Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Safety Gas Detection Limited

Safety Gas Detection Limited (Registered number: 06332398)

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


Safety Gas Detection Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr T Holmes





REGISTERED OFFICE: Balcedar House
Goulding Avenue
Leyland
Preston
Lancs
PR25 3HE





REGISTERED NUMBER: 06332398 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

Safety Gas Detection Limited (Registered number: 06332398)

Statement of Financial Position
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 152,030 51,801

CURRENT ASSETS
Stocks 47,606 47,606
Debtors 5 265,253 356,701
Cash at bank 227,028 180,896
539,887 585,203
CREDITORS
Amounts falling due within one year 6 339,989 170,956
NET CURRENT ASSETS 199,898 414,247
TOTAL ASSETS LESS CURRENT
LIABILITIES

351,928

466,048

CREDITORS
Amounts falling due after more than one
year

7

(49,328

)

-

PROVISIONS FOR LIABILITIES (22,670 ) (6,300 )
NET ASSETS 279,930 459,748

CAPITAL AND RESERVES
Called up share capital 4 2
Retained earnings 279,926 459,746
SHAREHOLDERS' FUNDS 279,930 459,748

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 director acknowledges his 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.

Safety Gas Detection Limited (Registered number: 06332398)

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2025 and were signed by:





Mr T Holmes - Director


Safety Gas Detection Limited (Registered number: 06332398)

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


1. STATUTORY INFORMATION

Safety Gas Detection 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.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 16 (2023 - 12 ) .

Safety Gas Detection Limited (Registered number: 06332398)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 1,675 1,334 91,526 23,780 118,315
Additions - - 138,130 2,765 140,895
At 31 August 2024 1,675 1,334 229,656 26,545 259,210
DEPRECIATION
At 1 September 2023 1,202 267 45,165 19,880 66,514
Charge for year 173 267 36,898 3,328 40,666
At 31 August 2024 1,375 534 82,063 23,208 107,180
NET BOOK VALUE
At 31 August 2024 300 800 147,593 3,337 152,030
At 31 August 2023 473 1,067 46,361 3,900 51,801

The net book value of assets held under hire purchase agreements totals £59,104 at the year end.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 213,290 164,409
Other debtors 51,963 192,292
265,253 356,701

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts (see note 8) 5,355 -
Trade creditors 44,694 38,120
Taxation and social security 187,259 131,486
Other creditors 102,681 1,350
339,989 170,956

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts (see note 8) 49,328 -

Safety Gas Detection Limited (Registered number: 06332398)

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


8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.8.24 31.8.23
£    £   
Net obligations repayable:
Within one year 5,355 -
Between one and five years 49,328 -
54,683 -

Non-cancellable operating leases
31.8.24 31.8.23
£    £   
Within one year 18,581 20,139
Between one and five years - 5,161
18,581 25,300

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
Mr T Holmes
Balance outstanding at start of year 145,663 124,363
Amounts advanced 190,168 340,528
Amounts repaid (436,012 ) (319,228 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (100,181 ) 145,663