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Company Registration No. 09344942 (England and Wales)
SID SAFETY LIMITED Unaudited accounts for the year ended 31 December 2024
SID SAFETY LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SID SAFETY LIMITED Company Information for the year ended 31 December 2024
Director
John Savva
Company Number
09344942 (England and Wales)
Registered Office
57 Botanic Road Church Town Southport PR9 7NE
Accountants
David Roberts FFA FIPA (EPC Tax) Suite 27 Foundry House Waterside Lane Widnes Merseyside WA8 8GT
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SID SAFETY LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
67,400 
67,646 
Investments
5
73,000 
8,000 
140,400 
75,646 
Current assets
Inventories
34,532 
9,790 
Debtors
6
55,819 
15,501 
Cash at bank and in hand
114,159 
28,776 
204,510 
54,067 
Creditors: amounts falling due within one year
7
(50,744)
(27,751)
Net current assets
153,766 
26,316 
Total assets less current liabilities
294,166 
101,962 
Creditors: amounts falling due after more than one year
8
(140,388)
(40,499)
Net assets
153,778 
61,463 
Capital and reserves
Share premium
2 
2 
Profit and loss account
153,776 
61,461 
Shareholders' funds
153,778 
61,463 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 June 2025 and were signed on its behalf by
John Savva Director Company Registration No. 09344942
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SID SAFETY LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
SID SAFETY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09344942. The registered office is 57 Botanic Road, Church Town, Southport, PR9 7NE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
AIA used for motor vehicles expensed by the company
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
78,724 
4,084 
1,750 
84,558 
Additions
19,874 
957 
- 
20,831 
At 31 December 2024
98,598 
5,041 
1,750 
105,389 
Depreciation
At 1 January 2024
15,745 
817 
350 
16,912 
Charge for the year
19,719 
1,008 
350 
21,077 
At 31 December 2024
35,464 
1,825 
700 
37,989 
Net book value
At 31 December 2024
63,134 
3,216 
1,050 
67,400 
At 31 December 2023
62,979 
3,267 
1,400 
67,646 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2024
8,000 
Additions
65,000 
Valuation at 31 December 2024
73,000 
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SID SAFETY LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
55,819 
15,501 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
(5,413)
2,645 
Obligations under finance leases and hire purchase contracts
14,350 
14,350 
Trade creditors
- 
(1)
Taxes and social security
39,525 
8,475 
Other creditors
2,282 
2,282 
50,744 
27,751 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
28,092 
40,499 
Other creditors
112,296 
- 
140,388 
40,499 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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