COMPANY REGISTRATION NUMBER:
09515795
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If You Are Safe I Am Safe |
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Company Limited by Guarantee |
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Filleted Unaudited Abridged Financial Statements |
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If You Are Safe I Am Safe |
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Company Limited by Guarantee |
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Abridged Statement of Financial Position |
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31 March 2025
Current assets
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Cash at bank and in hand |
117 |
3 |
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Creditors: amounts falling due within one year |
51,361 |
50,038 |
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-------- |
-------- |
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Net current liabilities |
51,244 |
50,035 |
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-------- |
-------- |
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Total assets less current liabilities |
(
51,244) |
(
50,035) |
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-------- |
-------- |
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Net liabilities |
(
51,244) |
(
50,035) |
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-------- |
-------- |
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Capital and reserves
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Profit and loss account |
(
51,244) |
(
50,035) |
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-------- |
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Members deficit |
(
51,244) |
(
50,035) |
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-------- |
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These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of financial position for the year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.
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If You Are Safe I Am Safe |
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Company Limited by Guarantee |
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Abridged Statement of Financial Position (continued) |
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31 March 2025
These abridged financial statements were approved by the
board of directors
and authorised for issue on
12 December 2025
, and are signed on behalf of the board by:
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Roderick Alexander Crawford |
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Director |
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Company registration number:
09515795
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If You Are Safe I Am Safe |
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Company Limited by Guarantee |
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Notes to the Abridged Financial Statements |
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Year ended 31 March 2025
1.
General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 37 Wearside Drive, Durham, DH1 1LE.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is donations received in the year.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Company limited by guarantee
The company is limited by guarantee of the directors and has no authorised or issued share capital.
5.
Directors' advances, credits and guarantees
At the year end the company owed Mr R Crawford £51,001 (2024: £49,678) in interest free loan.