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REGISTERED NUMBER: 15110525 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 SEPTEMBER 2024

FOR

BILSAFE LTD

BILSAFE LTD (REGISTERED NUMBER: 15110525)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 1 September 2023 to 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BILSAFE LTD

COMPANY INFORMATION
for the period 1 September 2023 to 30 September 2024







DIRECTOR: Mr M B Yousaf





REGISTERED OFFICE: 10 Water Road
Reading
RG30 2NN





REGISTERED NUMBER: 15110525 (England and Wales)





ACCOUNTANTS: Rothmans LLP
10 St Ann Street
Salisbury
Wiltshire
SP1 2DN

BILSAFE LTD (REGISTERED NUMBER: 15110525)

BALANCE SHEET
30 September 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 670

CURRENT ASSETS
Debtors 5 9,057
Cash at bank 2,390
11,447
CREDITORS
Amounts falling due within one year 6 11,991
NET CURRENT LIABILITIES (544 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

126

PROVISIONS FOR LIABILITIES 61
NET ASSETS 65

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 64
65

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 August 2025 and were signed by:





Mr M B Yousaf - Director


BILSAFE LTD (REGISTERED NUMBER: 15110525)

NOTES TO THE FINANCIAL STATEMENTS
for the period 1 September 2023 to 30 September 2024

1. STATUTORY INFORMATION

Bilsafe Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue recognition
Revenue is measured at the fair value received or receivable for the construction of commercial and domestic buildings.

Revenue is recognised on the provision of services once they have been approved and signed off by the clients quantity surveyor, at which time the significant risks and rewards associated with the services undertaken have been transferred to the customer

Profit is recognised on long term contracts when the final outcome can be assessed with reasonable certainty by including turnover and related costs within the profit and loss account dependent upon the stage of completion of the contract at the balance sheet date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% on cost

The asset residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Debtors
Debtors do not carry any right to interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the profit and loss account when there is objective evidence that the asset is impaired.

Cash
There comprise cash at bank and other short-term highly liquid bank balances.

BILSAFE LTD (REGISTERED NUMBER: 15110525)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 September 2023 to 30 September 2024

2. ACCOUNTING POLICIES - continued

Creditors
Creditors are not interest bearing and are stated at their nominal value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,000
At 30 September 2024 1,000
DEPRECIATION
Charge for period 330
At 30 September 2024 330
NET BOOK VALUE
At 30 September 2024 670

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 9,057

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 10,191
Other creditors 1,800
11,991

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to the director subsisted during the period ended 30 September 2024:

30.9.24
£
DIRECTOR
Balance outstanding at the start of the period-
Amounts advanced7,239
Amount repaid-
Balance outstanding at the end of the period7,239

The loan is repayable on demand and subject to interest at commercial rates.