IRIS Accounts Production v25.3.0.601 06572988 director 1.5.24 30.4.25 30.4.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 06572988 2024-04-30 06572988 2025-04-30 06572988 2024-05-01 2025-04-30 06572988 2023-04-30 06572988 2023-05-01 2024-04-30 06572988 2024-04-30 06572988 ns15:EnglandWales 2024-05-01 2025-04-30 06572988 ns14:PoundSterling 2024-05-01 2025-04-30 06572988 ns10:Director1 2024-05-01 2025-04-30 06572988 ns10:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 06572988 ns10:SmallEntities 2024-05-01 2025-04-30 06572988 ns10:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 06572988 ns10:SmallCompaniesRegimeForDirectorsReport 2024-05-01 2025-04-30 06572988 ns10:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 06572988 ns10:FullAccounts 2024-05-01 2025-04-30 06572988 ns10:RegisteredOffice 2024-05-01 2025-04-30 06572988 ns5:CurrentFinancialInstruments 2025-04-30 06572988 ns5:CurrentFinancialInstruments 2024-04-30 06572988 ns5:ShareCapital 2025-04-30 06572988 ns5:ShareCapital 2024-04-30 06572988 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 06572988 ns5:RetainedEarningsAccumulatedLosses 2024-04-30 06572988 ns5:PlantMachinery 2024-04-30 06572988 ns5:ComputerEquipment 2024-04-30 06572988 ns5:PlantMachinery 2024-05-01 2025-04-30 06572988 ns5:ComputerEquipment 2024-05-01 2025-04-30 06572988 ns5:PlantMachinery 2025-04-30 06572988 ns5:ComputerEquipment 2025-04-30 06572988 ns5:PlantMachinery 2024-04-30 06572988 ns5:ComputerEquipment 2024-04-30 06572988 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-30 06572988 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-04-30

REGISTERED NUMBER: 06572988 (England and Wales)

| System Safety Solutions Limited |

| Unaudited Financial Statements |

| for the Year Ended 30 April 2025 |

| System Safety Solutions Limited (Registered number: 06572988) |

Contents of the Financial Statements

for the Year Ended 30 April 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| System Safety Solutions Limited |

Company Information

for the Year Ended 30 April 2025

| DIRECTOR: | Mr Gareth Christian Lowde

| REGISTERED OFFICE: | The Station House

| Station Road

| Whalley

| Lancashire

| BB7 9RT

| REGISTERED NUMBER: | 06572988 (England and Wales)

| System Safety Solutions Limited (Registered number: 06572988) |

Balance Sheet

30 April 2025

| 2025 |  | 2024

| Notes | £ | £ |

Fixed assets

Tangible assets | 4 | 6,309 |  | 6,794 |  |

Current assets

Debtors | 5 | 370 |  | 18,888 |  |

Cash at bank | 24,988 |  | 60,152 |  |

25,358 |  | 79,040 |  |

Creditors

Amounts falling due within one year | 6 | (5,216 | ) | (42,820 | ) |

Net current assets | 20,142 |  | 36,220 |  |

Total assets less current liabilities | 26,451 |  | 43,014 |  |

Provisions for liabilities | (1,577 | ) | (1,698 | ) |

Net assets | 24,874 |  | 41,316 |  |

Capital and reserves

Called up share capital | 100 |  | 100 |  |

Retained earnings | 24,774 |  | 41,216 |  |

24,874 |  | 41,316 |  |

| System Safety Solutions Limited (Registered number: 06572988) |

Balance Sheet - continued

30 April 2025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and Loss Account and Statement of Retained Earning has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 September 2025 and were signed by:

Mr Gareth Christian Lowde - Director

| System Safety Solutions Limited (Registered number: 06572988) |

Notes to the Financial Statements

for the Year Ended 30 April 2025

1. | GENERAL INFORMATION

| The company is a private company limited by share capital, incorporated in England & Wales.

| The address of its registered office is:

| The Station House

| Station Road

| Whalley

| Clitheroe

| Lancashire

| BB7 9RT

2. | ACCOUNTING POLICIES

| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES

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

| STATEMENT OF COMPLIANCE

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

| BASIS OF PREPARATION

| These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

| GOING CONCERN

| The financial statements have been prepared on a going concern basis.

| REVENUE RECOGNITION

| Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax,returns, rebates and discounts.

| The company recognises revenue when:

| The amount of revenue can be reliably measured;

| it is probable that future economic benefits will flow to the entity;

| and specific criteria have been met for each of the company's activities.

| TANGIBLE FIXED ASSETS

| Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

| The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

| Depreciation

| Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

| Asset class |  | Depreciation method and rate |  |

| Plant and machinery |  | 25% reducing balance |  |

| Computer equipment |  | 25% reducing balance |  |

| System Safety Solutions Limited (Registered number: 06572988) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

2. | ACCOUNTING POLICIES - continued

| TAXATION

| The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

| The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

| DEFERRED TAX

| Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

| Unrelieved tax losses and other deferred tax assets are recognised when 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 reporting date and that are expected to apply to the reversal of the timing difference

| CASH AND CASH EQUIVALENTS

| Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

| TRADE DEBTORS

| Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

| Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

| TRADE CREDITORS

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

| Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

| System Safety Solutions Limited (Registered number: 06572988) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

2. | ACCOUNTING POLICIES - continued

| DIVIDENDS

| Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

| DEFINED CONTRIBUTION PENSION OBLIGATION

| A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

| Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

| SHARE CAPITAL

| Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |  | Computer |

| machinery |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 May 2024 | 2,083 |  | 9,838 |  | 11,921 |  |

| Additions | - |  | 1,366 |  | 1,366 |  |

| At 30 April 2025 | 2,083 |  | 11,204 |  | 13,287 |  |

| DEPRECIATION

| At 1 May 2024 | 11 |  | 5,116 |  | 5,127 |  |

| Charge for year | 518 |  | 1,333 |  | 1,851 |  |

| At 30 April 2025 | 529 |  | 6,449 |  | 6,978 |  |

| NET BOOK VALUE

| At 30 April 2025 | 1,554 |  | 4,755 |  | 6,309 |  |

| At 30 April 2024 | 2,072 |  | 4,722 |  | 6,794 |  |

| System Safety Solutions Limited (Registered number: 06572988) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

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

2025 | 2024 |

£ | £ |

| Trade debtors | - |  | 8,734 |  |

| PAYE/NI liability | 3 |  | - |  |

| VAT | 367 |  | - |  |

| Accrued income | - |  | 10,055 |  |

| Prepayments | - |  | 99 |  |

370 |  | 18,888 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 2,249 |  | 199 |  |

| Corporation tax | 782 |  | 32,066 |  |

| VAT | - |  | 9,012 |  |

| Directors' current accounts | 975 |  | 181 |  |

| Accruals | 1,210 |  | 1,362 |  |

5,216 |  | 42,820 |  |