Company Registration No. 06076528 (England and Wales)
The Safari Store Limited
Unaudited accounts
for the year ended 31 January 2025
The Safari Store Limited
Unaudited accounts
Contents
The Safari Store Limited
Company Information
for the year ended 31 January 2025
Company Number
06076528 (England and Wales)
Registered Office
Unit 9 Three Point Business Park,
Haslingden
Lancashire
BB4 5EH
The Safari Store Limited
Statement of financial position
as at 31 January 2025
Tangible assets
7,094
9,459
Inventories
158,704
187,608
Cash at bank and in hand
780,998
469,322
Creditors: amounts falling due within one year
(177,919)
(102,027)
Net current assets
952,376
560,205
Total assets less current liabilities
959,470
569,664
Provisions for liabilities
Deferred tax
(1,774)
(1,797)
Net assets
957,696
567,867
Called up share capital
100
100
Profit and loss account
957,596
567,767
Shareholders' funds
957,696
567,867
For the year ending 31 January 2025 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 18 August 2025 and were signed on its behalf by
S Adams
Director
Company Registration No. 06076528
The Safari Store Limited
Notes to the Accounts
for the year ended 31 January 2025
The Safari Store Limited is a private company, limited by shares, registered in England and Wales, registration number 06076528. The registered office is Unit 9 Three Point Business Park, , Haslingden, Lancashire, BB4 5EH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% Reducing balance basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The Safari Store Limited
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Other debtors
190,593
5,302
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
17,097
6,919
Taxes and social security
145,120
71,375
Other creditors
8,310
9,387
Loans from directors
127
2,599
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Transactions with related parties
Mr. S Adams is the director of the company and owns 100% of the issued share capital.
At the balance sheet date, Mr. S Adams was owed £127 by the company (2024 - £2,599)
Dividends were paid during the year as follows:-
S Adams £43,188 (2024 £41,170)
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Average number of employees
During the year the average number of employees was 1 (2024: 1).