Registration number: 05288085

Handson Safety Services Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Handson Safety Services Limited

(Registration number: 05288085)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	-	6,000
Tangible assets	5	3,035	3,776
		3,035	9,776
Current assets
Debtors	6	13,343	21,084
Cash at bank and in hand		41,192	56,833
		54,535	77,917
Creditors: Amounts falling due within one year	7	(20,418)	(23,984)
Net current assets		34,117	53,933
Total assets less current liabilities		37,152	63,709
Creditors: Amounts falling due after more than one year	7	(9,170)	(19,843)
Net assets		27,982	43,866
Capital and reserves
Called up share capital		100	100
Retained earnings		27,882	43,766
Shareholders' funds		27,982	43,866

Handson Safety Services Limited

(Registration number: 05288085)
Balance Sheet as at 31 December 2024

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 April 2025 and signed on its behalf by:
 

......................................... Mr R Woolrich Director

Handson Safety Services Limited

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

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Units 20/30
Brierley Business Centre
Mirion Street
Crewe
CW1 2AZ

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Improvement to property	15% on reducing balance

Handson Safety Services Limited

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

Fixtures and fittings	25% on reducing balance
Computer Equipment	33% on reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	20 years on straight line basis

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

Handson Safety Services Limited

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

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 January 2024	120,000	120,000
At 31 December 2024	120,000	120,000
Amortisation
At 1 January 2024	114,000	114,000
Amortisation charge	6,000	6,000
At 31 December 2024	120,000	120,000
Carrying amount
At 31 December 2024	-	-
At 31 December 2023	6,000	6,000

5	Tangible assets

	Improvement to property £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2024	7,075	24,498	31,573
At 31 December 2024	7,075	24,498	31,573
Depreciation
At 1 January 2024	6,282	21,515	27,797
Charge for the year	119	622	741
At 31 December 2024	6,401	22,137	28,538
Carrying amount
At 31 December 2024	674	2,361	3,035
At 31 December 2023	793	2,983	3,776

Handson Safety Services Limited

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

6

Debtors

Current	2024 £	2023 £
Trade debtors	9,742	17,939
Other debtors	3,601	3,145
	13,343	21,084

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Bank loans and overdrafts		10,000	9,167
Trade creditors		2,472	2,445
Social security and other taxes		-	2,570
Outstanding defined contribution pension costs		890	890
Accruals		332	185
Corporation tax		6,724	8,727
		20,418	23,984
Due after one year
Loans and borrowings		9,170	19,843