REGISTERED NUMBER: 09901793 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SAFE BASE FOSTERING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M Monteiro

Mrs A M Wells

REGISTERED OFFICE:

36 - 40 Doncaster Road

Barnsley

South Yorkshire

S70 1TL

REGISTERED NUMBER:

09901793 (England and Wales)

ACCOUNTANTS:

Seaman Herbert & Co

36 - 40 Doncaster Road

Barnsley

South Yorkshire

S70 1TL

FIXED ASSETS

Tangible assets

4

58,555

71,095

CURRENT ASSETS

Debtors

5

252,433

357,142

Cash at bank and in hand

41,091

36,099

293,524

393,241

CREDITORS

Amounts falling due within one year

6

192,619

285,749

NET CURRENT ASSETS

100,905

107,492

TOTAL ASSETS LESS CURRENT LIABILITIES

159,460

178,587

CREDITORS

Amounts falling due after more than one year

7

(1,904

)

(14,477

)

PROVISIONS FOR LIABILITIES

10

(9,058

)

(17,774

)

NET ASSETS

148,498

146,336

CAPITAL AND RESERVES

Called up share capital

11

99

99

Retained earnings

148,399

146,237

SHAREHOLDERS' FUNDS

148,498

146,336

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 Profit & Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2025 and were signed on its behalf by:

Mrs A M Wells - Director

Mrs M Monteiro - Director

1.	STATUTORY INFORMATION

Safe Base Fostering 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.

Short leasehold

-

5% on cost

Fixtures and fittings

-

10% on reducing balance and at varying rates on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

13,603

81,614

25,417

120,634

Additions

-

-

3,634

3,634

At 31 December 2024

13,603

81,614

29,051

124,268

DEPRECIATION

At 1 January 2024

2,041

24,276

23,222

49,539

Charge for year

680

13,295

2,199

16,174

At 31 December 2024

2,721

37,571

25,421

65,713

NET BOOK VALUE

At 31 December 2024

10,882

44,043

3,630

58,555

At 31 December 2023

11,562

57,338

2,195

71,095

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

90,243

175,843

Other debtors

75,320

31,872

Directors' current accounts

85,670

148,227

Prepayments

1,200

1,200

252,433

357,142

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts (see note 8)

11,418

11,048

Tax

61,582

79,817

Social security and other taxes

12,855

12,945

Other creditor

95,935

169,283

Accrued expenses

10,829

12,656

192,619

285,749

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans (see note 8)

1,904

14,477

8.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Bank loans

11,418

11,048

Amounts falling due between one and two years:

Bank loans - 1-2 years

1,904

11,781

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

2,696

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

13,322

25,525

Factoring creditor

80,489

153,188

93,811

178,713

10.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

9,058

17,774

Deferred

tax

£

Balance at 1 January 2024

17,774

Provided during year

(8,716

)

Balance at 31 December 2024

9,058

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

99

Ordinary shares (A to C)

£1

99

99

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 December 2024 and the period ended 31 December 2023:

2024

2023

£

£

Mrs M Monteiro

Balance outstanding at start of year

49,159

35,159

Amounts advanced

3,000

17,000

Amounts repaid

(12,297

)

(3,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

39,862

49,159

Mrs A M Wells

Balance outstanding at start of year

54,736

40,836

Amounts advanced

4,072

18,000

Amounts repaid

(13,000

)

(4,100

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

45,808

54,736

In addition to the loans to the company directors, a further loan exists which was made to a former director who remains a participator in the company. The loan balance owed to the company at the year end totalled £44,332 (2023 £44,332)