Registered number
14091707
Saflo Limited
Filleted Accounts
31 May 2024

Saflo Limited
Registered number: | 14091707
Balance Sheet
as at 31 May 2024
Notes |  |  | 2024 |  |  | 2023
£ | £
Fixed assets
Tangible assets | 3 |  |  | 1,078 |  |  | 1,438
Current assets
Debtors | 4 |  | 28,032 |  |  | 16,522
Cash at bank and in hand |  |  | 34,563 |  |  | 19,686
|  |  | 62,595 |  |  | 36,208
Creditors: amounts falling due within one year | 5 |  | (45,195) |  |  | (23,534)
Net current assets |  |  |  | 17,400 |  |  | 12,674
Net assets |  |  |  | 18,478 |  |  | 14,112
Capital and reserves
Called up share capital |  |  |  | 1 |  |  | 1
Profit and loss account |  |  |  | 18,477 |  |  | 14,111
Shareholder's funds |  |  |  | 18,478 |  |  | 14,112
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M Saflo
Director
Approved by the board on 20 April 2025

Saflo Limited
Notes to the Accounts
for the year ended 31 May 2024
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Plant and machinery | 25% per annum
2 | Employees | 2024 |  | 2023
Number | Number
| Average number of persons employed by the company | 1 |  | 1
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Plant and machinery etc
£
| Cost
| At 1 June 2023 | 1,917
| At 31 May 2024 | 1,917
| Depreciation
| At 1 June 2023 | 479
| Charge for the year | 360
| At 31 May 2024 | 839
| Net book value
| At 31 May 2024 | 1,078
| At 31 May 2023 | 1,438
4 | Debtors | 2024 |  | 2023
£ | £
| Trade debtors | 2,246 |  | -
| Other debtors | 25,786 |  | 16,522
|  |  |  |  |  | 28,032 |  | 16,522
5 | Creditors: amounts falling due within one year | 2024 |  | 2023
£ | £
| Taxation and social security costs | 1,109 |  | 2,973
| Other creditors | 44,086 |  | 20,561
|  |  |  |  |  | 45,195 |  | 23,534
6 | Other information
| Saflo Limited is a private company limited by shares and incorporated in England. Its registered office is:
| 28B Harwoods Road
| Watford
| WD18 7RA

Saflo Limited 14091707 false 2023-06-01 2024-05-31 2024-05-31 VT Final Accounts April 2025 M Saflo No description of principal activity 14091707 2022-06-01 2023-05-31 14091707 core:WithinOneYear 2023-05-31 14091707 core:ShareCapital 2023-05-31 14091707 core:RetainedEarningsAccumulatedLosses 2023-05-31 14091707 2023-06-01 2024-05-31 14091707 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14091707 bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14091707 bus:Director40 2023-06-01 2024-05-31 14091707 core:PlantMachinery 2023-06-01 2024-05-31 14091707 countries:England 2023-06-01 2024-05-31 14091707 bus:FRS102 2023-06-01 2024-05-31 14091707 bus:FilletedAccounts 2023-06-01 2024-05-31 14091707 2024-05-31 14091707 core:WithinOneYear 2024-05-31 14091707 core:ShareCapital 2024-05-31 14091707 core:RetainedEarningsAccumulatedLosses 2024-05-31 14091707 core:PlantMachinery 2024-05-31 14091707 2023-05-31 14091707 core:PlantMachinery 2023-05-31 iso4217:GBP xbrli:pure