REGISTERED NUMBER: 05022910 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SAFEBUILD LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J Richardson

SECRETARY:

Mr I Heard

REGISTERED OFFICE:

North Lodge East

Wynyard

Billingham

Cleveland

TS22 5NQ

REGISTERED NUMBER:

05022910 (England and Wales)

ACCOUNTANTS:

Lyons & Co Ltd

23 Yarm Road

Stockton on Tees

TS18 3NJ

FIXED ASSETS

Tangible assets

4

3,632

2,710

CURRENT ASSETS

Debtors

2,030

3,356

Cash at bank

87,465

85,342

89,495

88,698

CREDITORS

Amounts falling due within one year

51,827

49,857

NET CURRENT ASSETS

37,668

38,841

TOTAL ASSETS LESS CURRENT LIABILITIES

41,300

41,551

PROVISIONS FOR LIABILITIES

5

710

515

NET ASSETS

40,590

41,036

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

40,588

41,034

SHAREHOLDERS' FUNDS

40,590

41,036

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 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 10 September 2025 and were signed by:

Mr J Richardson - Director

1.	STATUTORY INFORMATION

Safebuild 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.

Tangible fixed assets

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

Equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

11,220

Additions

1,855

Disposals

(1,632

)

At 31 December 2024

11,443

DEPRECIATION

At 1 January 2024

8,510

Charge for year

774

Eliminated on disposal

(1,473

)

At 31 December 2024

7,811

NET BOOK VALUE

At 31 December 2024

3,632

At 31 December 2023

2,710

5.	PROVISIONS FOR LIABILITIES

31/12/24

31/12/23

£

£

Deferred tax

710

515

Deferred

tax

£

Balance at 1 January 2024

515

Provided during year

195

Balance at 31 December 2024

710

6.	RELATED PARTY DISCLOSURES

£29,324 (2023 £28,470) is included in other creditors in respect of a company controlled by the shareholders. During the year, interest of £854 (2023 £829) was paid in respect of this loan.

7.	ULTIMATE CONTROLLING PARTY

There is no overall controlling party.