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REGISTERED NUMBER: 00685815 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Safety Tools Limited

Safety Tools Limited (Registered number: 00685815)

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 Tools Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: D J Mathers
J D Stephens
Mrs J R O'Connell
Mrs H M Stephens
R M Stephens
H P M O'Connell
A K Hawkins
S P Mason





REGISTERED OFFICE: Highlands Road
Shirley
Birmingham
B90 4NJ





REGISTERED NUMBER: 00685815 (England and Wales)





ACCOUNTANTS: Mallett Jones
3 Hagley Court North
The Waterfront
Dudley
West Midlands
DY5 1XF

Safety Tools Limited (Registered number: 00685815)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
CURRENT ASSETS
Stocks 28,833 27,053
Debtors 4 29,120 51,438
Cash at bank 273,035 269,102
330,988 347,593
CREDITORS
Amounts falling due within one year 5 10,953 20,360
NET CURRENT ASSETS 320,035 327,233
TOTAL ASSETS LESS CURRENT LIABILITIES 320,035 327,233

CAPITAL AND RESERVES
Called up share capital 250 250
Capital redemption reserve 750 750
Retained earnings 319,035 326,233
SHAREHOLDERS' FUNDS 320,035 327,233

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 30 June 2025 and were signed on its behalf by:




S P Mason - Director



A K Hawkins - Director


Safety Tools Limited (Registered number: 00685815)

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


1. STATUTORY INFORMATION

Safety Tools Limited is a private company, limited by shares , registered in England and Wales. 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 29,120 51,438

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 411 1,438
Taxation and social security 9,542 13,822
Other creditors 1,000 5,100
10,953 20,360

6. CONTINGENT LIABILITIES

The company has a contingent liability to Handelsbanken relating to guarantees given by Handelsbanken to HM Revenue and Customs for £50,000.