Safintlon Limited - Filleted accounts

Registered number

03469042

Safintlon Limited

Filleted Accounts

31 December 2024

Safintlon Limited
Registered number:		03469042
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	2		123			145
Investments	3		105,992			126,033
			106,115			126,178

Current assets
Debtors	4	1,149,047			891,603
Cash at bank and in hand		342,841			436,804
		1,491,888			1,328,407

Creditors: amounts falling due within one year	5	(1,575,443)			(1,432,025)

Net current liabilities			(83,555)			(103,618)

Net assets			22,560			22,560

Capital and reserves
Called up share capital			22,560			22,560

Shareholders' funds			22,560			22,560

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




E D Safier
Director
Approved by the board on 1 September 2025

Safintlon Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Long term debtors are measured at transactions price.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


Number				Number

	Average number of persons employed by the company		1		1


2	Tangible fixed assets
					Plant and machinery
£
	Cost
	At 1 January 2024				5,938
	At 31 December 2024				5,938

	Depreciation
	At 1 January 2024				5,793
	Charge for the year				22
	At 31 December 2024				5,815

	Net book value
	At 31 December 2024				123
	At 31 December 2023				145


3	Investments

Other
investments
£
	Cost
	At 1 January 2024				126,033
	Disposals				(20,041)

	At 31 December 2024				105,992


4	Debtors		2024		2023
£				£

	Trade debtors		124,555		79,101
	Prepayments		181		-
	Other debtors		1,024,311		812,502
			1,149,047		891,603


5	Creditors: amounts falling due within one year		2024		2023
£				£

	Taxation and social security costs		38,558		30,744
	Other creditors		1,536,885		1,401,281
			1,575,443		1,432,025


6	Related party transactions

	Safintlon Limited invested in Safier Ingenierie (a French company) £103,413 shown in the accounts as unlisted investment.
	Safintlon owns 100% of Safintast S.L.(a Spanish company )

7	Other information

	Safintlon Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Devonshire House
	582 Honeypot Lane
	Stanmore
	Middlesex
	HA7 1JS