REGISTERED NUMBER: 10257440 (England and Wales)

SAFETY SCHEMES IN PROCUREMENT (SSIP)

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Mrs E J Eaton

D A Jones

C Bartlett

Mrs R L Crosland

A G Seddon

M C Wood

P A A Hallgate

K Horner

D A S Houldsworth

REGISTERED OFFICE:

The Clock

12-13 Westgate

Grantham

Lincolnshire

NG31 6LT

REGISTERED NUMBER:

10257440 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

FIXED ASSETS

Intangible assets

4

70,200

93,600

Tangible assets

5

260

390

70,460

93,990

CURRENT ASSETS

Debtors

6

3,239

4,641

Cash at bank

87,761

119,819

91,000

124,460

CREDITORS

Amounts falling due within one year

7

161,460

218,450

NET CURRENT LIABILITIES

(70,460

)

(93,990

)

TOTAL ASSETS LESS CURRENT LIABILITIES

-

-

RESERVES

-

-

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 surplus or deficit 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 20 October 2025 and were signed on its behalf by:

Mrs E J Eaton - Director

1.	STATUTORY INFORMATION

Safety Schemes In Procurement (SSIP) Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

Tangible fixed assets are held at cost less accumulated depreciation.

Taxation

Safety Schemes In Procurement (SSIP) Limited is a mutual trading entity and does not trade with non-members. It's income is exempt from tax and therefore no provision is entered into these accounts.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2024

and 30 June 2025

117,000

AMORTISATION

At 1 July 2024

23,400

Charge for year

23,400

At 30 June 2025

46,800

NET BOOK VALUE

At 30 June 2025

70,200

At 30 June 2024

93,600

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

and 30 June 2025

975

DEPRECIATION

At 1 July 2024

585

Charge for year

130

At 30 June 2025

715

NET BOOK VALUE

At 30 June 2025

260

At 30 June 2024

390

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

294

3,666

Prepayments and accrued income

2,945

975

3,239

4,641

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

15,491

37,254

Other creditors

141,169

177,170

Accruals and deferred income

4,800

4,026

161,460

218,450