Requisite Safety Group Ltd


Director	Stephen Bagnall


Registered Address	517 - 519 King Street
	Stoke-On-Trent
	ST3 1HD


Registered Number	10072712 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		24,336		31,323
			24,336		31,323
Current assets
Debtors	4	10,612		14,151
Cash at bank and on hand		2,076		3,086
		12,688		17,237
Creditors amounts falling due within one year	5	(13,764)		(24,286)
Net current assets (liabilities)			(1,076)		(7,049)
Total assets less current liabilities			23,260		24,274
Net assets			23,260		24,274
Capital and reserves
Called up share capital			2		2
Profit and loss account			23,258		24,272
Shareholders' funds			23,260		24,274

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 4 December 2025, and are signed on its behalf by:

Stephen Bagnall
Director
Registered Company No. 10072712

Requisite Safety Group Ltd

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover comprises the invoiced value of goods and services supplied by the company, net of discounts and value added taxes and trade discounts.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Fixtures and fittings	15
	Vehicles	25
	Office Equipment	33

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		2

3.	Tangible fixed assets

	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	37,544	10,714	5,191	53,449
Additions	-	-	1,175	1,175
At 31 March 25	37,544	10,714	6,366	54,624
Depreciation and impairment
At 01 April 24	15,741	4,324	2,061	22,126
Charge for year	5,451	959	1,752	8,162
At 31 March 25	21,192	5,283	3,813	30,288
Net book value
At 31 March 25	16,352	5,431	2,553	24,336
At 31 March 24	21,803	6,390	3,130	31,323

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	10,612	14,151
Total	10,612	14,151

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	209
Bank borrowings and overdrafts	3,914	6,444
Taxation and social security	5,281	3,984
Other creditors	4,569	13,649
Total	13,764	24,286