REGISTERED NUMBER: SC260785 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Health & Safety Services (Glasgow)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B Donnelly

REGISTERED OFFICE:

Pitreavie Court Office 14

15 Pitreavie Court

Dunfermline

Fife

KY11 8UU

REGISTERED NUMBER:

SC260785 (Scotland)

ACCOUNTANTS:

Gerber Landa & Gee

Chartered Accountants

Pavilion 1

Finnieston Business Park

Minerva Way

GLASGOW

G3 8AU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

30,418

19,907

Investments

6

5,296

5,296

35,714

25,203

CURRENT ASSETS

Debtors

7

32,466

41,450

Cash at bank and in hand

56,266

85,253

88,732

126,703

CREDITORS

Amounts falling due within one year

8

29,949

45,959

NET CURRENT ASSETS

58,783

80,744

TOTAL ASSETS LESS CURRENT LIABILITIES

94,497

105,947

PROVISIONS FOR LIABILITIES

5,779

3,782

NET ASSETS

88,718

102,165

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

88,618

102,065

SHAREHOLDERS' FUNDS

88,718

102,165

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 June 2025 and were signed by:

B Donnelly - Director

1.	STATUTORY INFORMATION

Health & Safety Services (Glasgow) Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 15% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Goodwill

Goodwill arose from a business purchased from the directors, which was previously run as a partnership.

Fixed assets investments

Fixed assets investments are held at fair value with regular impairment reviews carried out by Directors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

80,000

AMORTISATION

At 1 February 2024

and 31 January 2025

80,000

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

93,810

Additions

44,198

Disposals

(17,600

)

At 31 January 2025

120,408

DEPRECIATION

At 1 February 2024

73,903

Charge for year

27,703

Eliminated on disposal

(11,616

)

At 31 January 2025

89,990

NET BOOK VALUE

At 31 January 2025

30,418

At 31 January 2024

19,907

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2024

and 31 January 2025

5,296

NET BOOK VALUE

At 31 January 2025

5,296

At 31 January 2024

5,296

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

29,067

38,027

Prepayments

3,399

3,423

32,466

41,450

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Tax

7,993

20,218

Social security and other taxes

1,390

1,388

VAT

6,088

13,363

Other creditors

1,332

-

Accrued expenses

13,146

10,990

29,949

45,959

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.1.25

31.1.24

£

£

Within one year

11,623

9,612