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REGISTERED NUMBER: 05474455















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Safety Protection Logistics Limited

Safety Protection Logistics Limited (Registered number: 05474455)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Safety Protection Logistics Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: M Daumen
G W Davies





REGISTERED OFFICE: Unit C Copley Hill Business Park
Babraham
Cambridge
CB22 3AF





REGISTERED NUMBER: 05474455





ACCOUNTANTS: P D & Co (2003) Limited T/A Parbery Davies & Co
Three Counties House
18a Victoria Street
Dunstable
Bedfordshire
LU6 3BA

Safety Protection Logistics Limited (Registered number: 05474455)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 4,732 5,035

CURRENT ASSETS
Stocks 160,894 107,411
Debtors 5 189,342 234,500
Cash at bank 131,754 247,757
481,990 589,668
CREDITORS
Amounts falling due within one year 6 177,270 329,454
NET CURRENT ASSETS 304,720 260,214
TOTAL ASSETS LESS CURRENT
LIABILITIES

309,452

265,249

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Retained earnings 259,452 215,249
SHAREHOLDERS' FUNDS 309,452 265,249

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.

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 4 June 2025 and were signed on its behalf by:





M Daumen - Director


Safety Protection Logistics Limited (Registered number: 05474455)

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

1. STATUTORY INFORMATION

Safety Protection Logistics Limited is a private company, limited by shares , registered in Not specified/Other. 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 etc - 25% on reducing balance and 15% 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 NIL (2023 - 5 ).

Safety Protection Logistics Limited (Registered number: 05474455)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2024 9,670 903 12,604 23,177
Additions - - 2,212 2,212
At 31 December 2024 9,670 903 14,816 25,389
DEPRECIATION
At 1 January 2024 7,975 734 9,433 18,142
Charge for year 254 98 2,163 2,515
At 31 December 2024 8,229 832 11,596 20,657
NET BOOK VALUE
At 31 December 2024 1,441 71 3,220 4,732
At 31 December 2023 1,695 169 3,171 5,035

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 161,541 200,412
Other debtors 7,100 4,819
Directors' current accounts - 37
Prepayments 20,701 29,232
189,342 234,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 98,947 115,371
Tax 10,865 12,064
Social security and other taxes 1,320 2,817
VAT 47,248 52,581
Other creditors 16 -
Accrued expenses 18,874 146,621
177,270 329,454

Safety Protection Logistics Limited (Registered number: 05474455)

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

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.12.24 31.12.23
£    £   
G W Davies
Balance outstanding at start of year 37 37
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 37