PORT SKILLS AND SAFETY LIMITED

Company limited by guarantee

Company Registration Number:
10131855 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

PORT SKILLS AND SAFETY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PORT SKILLS AND SAFETY LIMITED

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 605,657 517,782
Cost of sales: ( 84,548 ) ( 114,530 )
Gross profit(or loss): 521,109 403,252
Administrative expenses: ( 536,550 ) ( 524,167 )
Operating profit(or loss): (15,441) (120,915)
Interest receivable and similar income: 2,635
Profit(or loss) before tax: (12,806) (120,915)
Profit(or loss) for the financial year: (12,806) (120,915)

PORT SKILLS AND SAFETY LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 19,487 25,556
Total fixed assets: 19,487 25,556
Current assets
Debtors: 4 35,456 49,342
Cash at bank and in hand: 243,785 223,434
Total current assets: 279,241 272,776
Creditors: amounts falling due within one year: 5 ( 151,894 ) ( 138,692 )
Net current assets (liabilities): 127,347 134,084
Total assets less current liabilities: 146,834 159,640
Total net assets (liabilities): 146,834 159,640
Members' funds
Profit and loss account: 146,834 159,640
Total members' funds: 146,834 159,640

The notes form part of these financial statements

PORT SKILLS AND SAFETY LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 May 2025
and signed on behalf of the board by:

Name: Stuart Wallace
Status: Director

The notes form part of these financial statements

PORT SKILLS AND SAFETY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PORT SKILLS AND SAFETY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 4

PORT SKILLS AND SAFETY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 30,656 13,055 21,471 65,182
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 30,656 13,055 21,471 65,182
Depreciation
At 1 January 2024 7,781 13,035 18,810 39,626
Charge for year 4,905 20 1,144 6,069
On disposals
Other adjustments
At 31 December 2024 12,686 13,055 19,954 45,695
Net book value
At 31 December 2024 17,970 0 1,517 19,487
At 31 December 2023 22,875 20 2,661 25,556

PORT SKILLS AND SAFETY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 25,755 16,172
Other debtors 9,701 33,170
Total 35,456 49,342

PORT SKILLS AND SAFETY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 39,725 54,584
Taxation and social security 8,636 8,281
Accruals and deferred income 99,682 71,889
Other creditors 3,851 3,938
Total 151,894 138,692