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REGISTERED NUMBER: 10798920 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 28 February 2025 |

| for |

| Safer Work Limited |

| Safer Work Limited (Registered number: 10798920) |

Contents of the Financial Statements

for the Year Ended 28 February 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Safer Work Limited |

Company Information

for the Year Ended 28 February 2025

| DIRECTORS: | M I Atkinson

| C R Davis

| REGISTERED OFFICE: | 404 The Innovation Centre

| Vienna Court

| Kirkleatham Business Park

| Redcar

| TS10 5SH

| REGISTERED NUMBER: | 10798920 (England and Wales)

| ACCOUNTANTS: | Anderson Barrowcliff Limited

| Chartered Accountants

| 3 Kingfisher Court

| Bowesfield Park

| Stockton on Tees

| TS18 3EX

| Safer Work Limited (Registered number: 10798920) |

Balance Sheet

28 February 2025

| 2025 | 2024 |

| Notes | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 73,646 |  | 41,950 |  |

Tangible assets | 5 | 7,310 |  | 10,123 |  |

80,956 |  | 52,073 |  |

CURRENT ASSETS

Debtors | 6 | 23,425 |  | 11,607 |  |

Cash at bank | 476,522 |  | 356,796 |  |

499,947 |  | 368,403 |  |

CREDITORS

Amounts falling due within one year | 7 | 159,095 |  | 149,645 |  |

NET CURRENT ASSETS | 340,852 |  | 218,758 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 421,808 |  | 270,831 |  |

CREDITORS

Amounts falling due after more than one year | 8 | - |  | (58,244 | ) |

PROVISIONS FOR LIABILITIES | (20,000 | ) | (12,000 | ) |

NET ASSETS | 401,808 |  | 200,587 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 100 |  | 100 |  |

Retained earnings | 401,708 |  | 200,487 |  |

SHAREHOLDERS' FUNDS | 401,808 |  | 200,587 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2025 and were signed on its behalf by:

M I Atkinson - Director

| Safer Work Limited (Registered number: 10798920) |

Notes to the Financial Statements

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| Safer Work 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.

| The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

| The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Computer software will be amortised evenly over its estimated useful life of five years from the date it is made available for use.

| Tangible fixed assets

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

| Office Equipment | - | 25% on cost

| Taxation

| Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

| 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.

| Impairment

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

| Safer Work Limited (Registered number: 10798920) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

2. | ACCOUNTING POLICIES - continued

| Debtors and creditors receivable/ payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2024 - 5 ) .

4. | INTANGIBLE FIXED ASSETS

| Computer

| software

£ |

| COST

| At 1 March 2024 | 41,950 |  |

| Additions | 31,696 |  |

| At 28 February 2025 | 73,646 |  |

| NET BOOK VALUE

| At 28 February 2025 | 73,646 |  |

| At 29 February 2024 | 41,950 |  |

5. | TANGIBLE FIXED ASSETS

| Office

| Equipment

£ |

| COST

| At 1 March 2024 | 19,969 |  |

| Additions | 1,179 |  |

| At 28 February 2025 | 21,148 |  |

| DEPRECIATION

| At 1 March 2024 | 9,846 |  |

| Charge for year | 3,992 |  |

| At 28 February 2025 | 13,838 |  |

| NET BOOK VALUE

| At 28 February 2025 | 7,310 |  |

| At 29 February 2024 | 10,123 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 21,663 |  | 9,845 |  |

| Other debtors | 1,762 |  | 1,762 |  |

23,425 |  | 11,607 |  |

| Safer Work Limited (Registered number: 10798920) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | - |  | 10,000 |  |

| Other loans | - |  | 15,269 |  |

| Trade creditors | 764 |  | 399 |  |

| Social security and other taxes | 138,244 |  | 103,179 |  |

| Other creditors | 328 |  | 358 |  |

| Deferred government grants | 19,200 |  | 19,200 |  |

| Directors' current accounts | - |  | 1,026 |  |

| Accrued expenses | 559 |  | 214 |  |

159,095 |  | 149,645 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans more than 1 year | - |  | 14,167 |  |

| Other loans | - |  | 44,077 |  |

- |  | 58,244 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Other loans | - |  | 59,346 |  |

| The above other loan was secured under cross guarantees with a fellow subsidiary and a company under common control.

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |