Silverfin false false 31/10/2024 31/10/2024 01/11/2023 no description of principal activity Mr M Duffy 01/10/2019 SC643137 2024-10-31 SC643137 bus:Director1 2024-10-31 SC643137 2023-10-31 SC643137 core:CurrentFinancialInstruments 2024-10-31 SC643137 core:CurrentFinancialInstruments 2023-10-31 SC643137 2023-11-01 2024-10-31 SC643137 bus:Micro-entities 2023-11-01 2024-10-31 SC643137 bus:FilletedAccounts 2023-11-01 2024-10-31 SC643137 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 SC643137 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 SC643137 bus:Director1 2023-11-01 2024-10-31 SC643137 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Company No: SC643137 (Scotland)

# SAFE FORESTRY LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH THE REGISTRAR

SAFE FORESTRY LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2024

Contents

SAFE FORESTRY LIMITED

## COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2024
SAFE FORESTRY LIMITED

## COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2024

DIRECTOR | Mr M Duffy

REGISTERED OFFICE | Dunbeg House
| Ness Castle
| Inverness
| IV2 6DJ
| Scotland
| United Kingdom

COMPANY NUMBER | SC643137 (Scotland)

CHARTERED ACCOUNTANTS | Johnston Carmichael LLP
| Unit 2A
| The Paddock
| Stirling Agricultural Centre
| Stirling
| FK9 4RN

SAFE FORESTRY LIMITED

## BALANCE SHEET

AS AT 31 OCTOBER 2024
SAFE FORESTRY LIMITED

## BALANCE SHEET (continued)

FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2024

|  | 2024 |  | 2023
|  | £ |  | £
Fixed assets |  | 66,609 |  | 77,784
Current assets |  | 931 |  | 664
Creditors: amounts falling due within one year |  | ( 123,036) |  | ( 121,280)
Net current liabilities |  | ( 122,105) |  | ( 120,616)
Total assets less current liabilities |  | ( 55,496) |  | ( 42,832)
Accruals and deferred income |  | ( 1,746) |  | ( 1,525)
Net liabilities |  | ( 57,242) |  | ( 44,357)
Capital and reserves |  | ( 57,242) |  | ( 44,357)

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements;
- These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime;
- These financial statements have been delivered in accordance with the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Safe Forestry Limited (registered number: SC643137) were approved and authorised for issue by the director on 07 May 2025 and were signed on its behalf by:

Mr M Duffy Director |

SAFE FORESTRY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2024
SAFE FORESTRY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS (continued)

For the FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2024

#### 1. Company information

The Company is a private company limited by shares and is incorporated in the United Kingdom and registered in Scotland (Company no. SC643137). The address of its registered office is Dunbeg House, Ness Castle, Inverness, IV2 6DJ, Scotland, United Kingdom.

#### 2. Employees

| 2024 |  | 2023
| Number |  | Number
Monthly average number of persons employed by the Company during the financial year, including the director | 1 |  | 1

#### 3. Going Concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £57,242. The Company is supported through loans from the director and loans from other companies under common control. The director has confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the director and companies under common control will continue to support the Company. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.