REGISTERED NUMBER: 10875408 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Safe Investment Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs V Affleck

SECRETARY:

Mrs V Affleck

REGISTERED OFFICE:

164 Cheetham Hill Road

Manchester

Greater Manchester

M8 8LQ

REGISTERED NUMBER:

10875408 (England and Wales)

ACCOUNTANTS:

Freedman Frankl & Taylor

Chartered Accountants

Reedham House

31 King Street West

Manchester

M3 2PJ

FIXED ASSETS

Tangible assets

4

912

1,898

Investments

5

6,269

13,487

Investment property

6

1,975,000

1,830,000

1,982,181

1,845,385

CURRENT ASSETS

Debtors

7

102,650

52,000

Cash at bank

47,261

186,606

149,911

238,606

CREDITORS

Amounts falling due within one year

8

(1,034,485

)

(1,123,160

)

NET CURRENT LIABILITIES

(884,574

)

(884,554

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,097,607

960,831

PROVISIONS FOR LIABILITIES

(54,843

)

(55,090

)

NET ASSETS

1,042,764

905,741

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

1,042,763

905,740

SHAREHOLDERS' FUNDS

1,042,764

905,741

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 8 December 2025 and were signed by:

Mrs V Affleck - Director

1.	STATUTORY INFORMATION

Safe Investment Services Ltd 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment - 25% on a straight line basis.

Tangible fixed assets are initially recorded at cost less accumulated depreciation and accumulated impairment losses.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

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.

Going concern

The company's financial statements for the year ended 31st July 2025 have been prepared on a going concern basis as, after making appropriate enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 August 2024

and 31 July 2025

3,945

DEPRECIATION

At 1 August 2024

2,047

Charge for year

986

At 31 July 2025

3,033

NET BOOK VALUE

At 31 July 2025

912

At 31 July 2024

1,898

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 August 2024

13,487

Additions

6,269

Disposals

(13,487

)

At 31 July 2025

6,269

NET BOOK VALUE

At 31 July 2025

6,269

At 31 July 2024

13,487

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

1,830,000

Additions

33,989

Revaluations

111,011

At 31 July 2025

1,975,000

NET BOOK VALUE

At 31 July 2025

1,975,000

At 31 July 2024

1,830,000

Fair value at 31 July 2025 is represented by:

£

Valuation in 2019

284,262

Valuation in 2023

200,000

Valuation in 2024

203,066

Valuation in 2025

111,011

Cost

1,176,661

1,975,000

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

1,176,661

1,142,672

Investment property was valued on an open market basis on 31 July 2025 by the director .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

650

-

Other debtors

102,000

52,000

102,650

52,000

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

24,055

27,604

Trade creditors

3,270

6,700

Taxation and social security

6,756

1,567

Other creditors

1,000,404

1,087,289

1,034,485

1,123,160

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

10.	RELATED PARTY DISCLOSURES

Included within other creditors is the director's current account balance of £800,934 (2024: £868,119). There are no fixed repayment terms and no interest is chargeable to the company in respect of this balance.