Company registration number SC315137 (Scotland)
BULLETPROOF ID LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
BULLETPROOF ID LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
BULLETPROOF ID LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2025
31 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
-
0
138
Current assets
Cash at bank and in hand
1,553
942
Creditors: amounts falling due within one year
4
(18,803)
(17,167)
Net current liabilities
(17,250)
(16,225)
Total assets less current liabilities
(17,250)
(16,087)
Creditors: amounts falling due after more than one year
5
(1,470)
(3,333)
Net liabilities
(18,720)
(19,420)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(18,820)
(19,520)
Total equity
(18,720)
(19,420)

For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 20 November 2025
Mr R Carmichael
Director
Company registration number SC315137 (Scotland)
BULLETPROOF ID LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 2 -
1
Accounting policies
Company information

Bulletproof ID Limited is a private company, limited by shares, registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

1.1
Basis of preparation

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 are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The company's liabilities exceeded its assets by £18,720 at 31 January 202 true 5 (2024: £19,420). The company is thus dependent on the continued financial support of its creditors. The director is confident of this continuing support and of the company's long term trading prospects and on this basis considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from the withdrawal of financial support.

1.3
Turnover

Turnover represents the amounts derived from the provision of goods and services which fall within the company's ordinary activities and is stated net of Value Added Tax. Revenue is recognised on provision of services.

1.4
Tangible fixed assets

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

Fixtures and fittings
20% on a reducing balance basis
Computer equipment
33% on a reducing balance basis
1.5
Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

BULLETPROOF ID LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 3 -
Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Tangible fixed assets
Fixtures and fittings
Computer equipment
Total
£
£
£
Cost
At 1 February 2024
839
7,388
8,227
Disposals
(839)
(7,388)
(8,227)
At 31 January 2025
-
0
-
0
-
0
Depreciation and impairment
At 1 February 2024
807
7,282
8,089
Eliminated in respect of disposals
(807)
(7,282)
(8,089)
At 31 January 2025
-
0
-
0
-
0
Carrying amount
At 31 January 2025
-
0
-
0
-
0
At 31 January 2024
32
106
138
BULLETPROOF ID LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 4 -
4
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
2,023
2,023
Corporation tax
8,375
6,439
Other taxation and social security
4,127
4,129
Other creditors
4,278
4,576
18,803
17,167
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
1,470
3,333
2025-01-31 2024-02-01 false false false CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr R Carmichael SC315137 2024-02-01 2025-01-31 SC315137 2025-01-31 SC315137 2024-01-31 SC315137 core:FurnitureFittings 2025-01-31 SC315137 core:ComputerEquipment 2025-01-31 SC315137 core:FurnitureFittings 2024-01-31 SC315137 core:ComputerEquipment 2024-01-31 SC315137 core:ShareCapital 2025-01-31 SC315137 core:ShareCapital 2024-01-31 SC315137 core:RetainedEarningsAccumulatedLosses 2025-01-31 SC315137 core:RetainedEarningsAccumulatedLosses 2024-01-31 SC315137 bus:Director1 2024-02-01 2025-01-31 SC315137 core:FurnitureFittings 2024-02-01 2025-01-31 SC315137 core:ComputerEquipment 2024-02-01 2025-01-31 SC315137 2023-02-01 2024-01-31 SC315137 core:FurnitureFittings 2024-01-31 SC315137 core:ComputerEquipment 2024-01-31 SC315137 2024-01-31 SC315137 core:CurrentFinancialInstruments 2025-01-31 SC315137 core:CurrentFinancialInstruments 2024-01-31 SC315137 core:Non-currentFinancialInstruments 2025-01-31 SC315137 core:Non-currentFinancialInstruments 2024-01-31 SC315137 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC315137 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 SC315137 bus:FRS102 2024-02-01 2025-01-31 SC315137 bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 SC315137 bus:FullAccounts 2024-02-01 2025-01-31 xbrli:pure xbrli:shares iso4217:GBP