AW SAFETY MANAGEMENT LIMITED

Company Registration Number:
07104199 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

AW SAFETY MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

AW SAFETY MANAGEMENT LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Intangible assets: 3 509,911 554,904
Tangible assets: 4 49,066 11,464
Total fixed assets: 558,977 566,368
Current assets
Stocks: 975 960
Debtors:   501,117 408,247
Cash at bank and in hand: 69,058 253,084
Total current assets: 571,150 662,291
Creditors: amounts falling due within one year:   (702,647) (555,832)
Net current assets (liabilities): (131,497) 106,459
Total assets less current liabilities: 427,480 672,827
Creditors: amounts falling due after more than one year:   (293,377) (423,006)
Provision for liabilities: (2,265) (2,866)
Total net assets (liabilities): 131,838 246,955
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 131,836 246,953
Shareholders funds: 131,838 246,955

The notes form part of these financial statements

AW SAFETY MANAGEMENT LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: Mr A Wade
Status: Director

The notes form part of these financial statements

AW SAFETY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost of an asset, less it's residual value, over the useful economic life of an asset at a rate for Fixtures & Fittings of 15% reducing balance, Motor vehicles of 25% reducing balance and Equipment of 33% reducing balance.

Intangible fixed assets and amortisation policy

Amortisation is calculated so to write off the cost of an asset, less it's estimated residual value, over the useful life of that asset using a 10% straight line method.

AW SAFETY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 22 15

AW SAFETY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 599,896
At 31 December 2024 599,896
Amortisation
At 01 January 2024 44,992
Charge for year 44,993
At 31 December 2024 89,985
Net book value
At 31 December 2024 509,911
At 31 December 2023 554,904

AW SAFETY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 35,262
Additions 40,003
At 31 December 2024 75,265
Depreciation
At 01 January 2024 23,798
Charge for year 2,401
At 31 December 2024 26,199
Net book value
At 31 December 2024 49,066
At 31 December 2023 11,464

AW SAFETY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Loans to directors

Directors loan of £189,740 (2023 - £152,596) is repaid within 9 months of the financial year end. Interest is charged at HMRC's average official interest rate.

AW SAFETY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Related party transactions

During the year the company traded with various companies in which Mr A Wade and Mrs T Wade are shareholders and directors. The amounts due from those companies at the end of the year was £107,744 (2023 - £94,184). The amounts due to those companies at the end of the year was £221,101 (2023 - £143,971). The amount of £25,140 (2023 - £25,140) was paid as salary to the directors during the year.