REGISTERED NUMBER: 06789121 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

STILL SAFE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

O O Ahmet

REGISTERED OFFICE:

85 Great Portland Street

The London Office

First Floor

London

W1W 7LT

REGISTERED NUMBER:

06789121 (England and Wales)

FIXED ASSETS

Tangible assets

5

4,096

5,120

Investments

6

2,565

25,483

6,661

30,603

CURRENT ASSETS

Debtors

7

40,833

26,521

Cash at bank

95

8,159

40,928

34,680

CREDITORS

Amounts falling due within one year

8

2,724

2,816

NET CURRENT ASSETS

38,204

31,864

TOTAL ASSETS LESS CURRENT LIABILITIES

44,865

62,467

CREDITORS

Amounts falling due after more than one year

9

(1,282

)

(2,713

)

PROVISIONS FOR LIABILITIES

(778

)

(973

)

NET ASSETS

42,805

58,781

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

42,705

58,681

42,805

58,781

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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 November 2025 and were signed by:

O O Ahmet - Director

1.	STATUTORY INFORMATION

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

No significant judgements have had to be made by management in preparing these financial statements.

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 reducing balance

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 is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial positionstatement of financial position 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.

Investments

Investments comprise investments in quoted/unquoted equity instruments which are measured at cost and subsequently measured at cost less any accumulated losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2024

and 28 February 2025

11,235

DEPRECIATION

At 1 March 2024

6,115

Charge for year

1,024

At 28 February 2025

7,139

NET BOOK VALUE

At 28 February 2025

4,096

At 29 February 2024

5,120

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 March 2024

25,483

Disposals

(22,918

)

At 28 February 2025

2,565

NET BOOK VALUE

At 28 February 2025

2,565

At 29 February 2024

25,483

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/25

29/2/24

£

£

Amounts owed by group undertakings

40,833

26,521

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/25

29/2/24

£

£

Bank loans and overdrafts

1,524

1,617

Other creditors

1,200

1,199

2,724

2,816

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28/2/25

29/2/24

£

£

Bank loans

1,282

2,713

The above loan is guaranteed by the UK Government under BBLS (the BBLS Guarantee) . There are no capital or interest repayments for the first 12 months after the date of draw down after which the total amount payable must be repaid by way of 60 consecutive monthly repayments (consisting of capital and interest). Interest is charged at a rate of 2.5% on the outstanding principle amount.