REGISTERED NUMBER: 11125274 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Slip Safety Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S G Chambers

C Harris

R G T Hulbert

P A Turner B.A Hons

REGISTERED OFFICE:

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

BUSINESS ADDRESS:

TMS House

Cray Avenue

Orpington

BR5 3QB

REGISTERED NUMBER:

11125274 (England and Wales)

ACCOUNTANTS:

Bullimores LLP

Chartered Accountants

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

FIXED ASSETS

Tangible assets

4

6,547

8,557

CURRENT ASSETS

Stocks

12,871

8,571

Debtors

5

182,422

199,162

Cash at bank and in hand

24,449

7,788

219,742

215,521

CREDITORS

Amounts falling due within one year

6

202,550

213,350

NET CURRENT ASSETS

17,192

2,171

TOTAL ASSETS LESS CURRENT LIABILITIES

23,739

10,728

CREDITORS

Amounts falling due after more than one year

7

224,205

230,638

NET LIABILITIES

(200,466

)

(219,910

)

CAPITAL AND RESERVES

Called up share capital

9

672

672

Share premium

75,000

75,000

Retained earnings

(276,138

)

(295,582

)

SHAREHOLDERS' FUNDS

(200,466

)

(219,910

)

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

C Harris - Director

1.	STATUTORY INFORMATION

Slip Safety Services 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.	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.

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.

Plant and machinery

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The company has tax losses to utilise and no provision for current taxation is required. No deferred tax asset has been established for the future benefit of the losses.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2024

20,684

799

21,483

Additions

350

-

350

At 31 March 2025

21,034

799

21,833

DEPRECIATION

At 1 April 2024

12,660

266

12,926

Charge for year

2,093

267

2,360

At 31 March 2025

14,753

533

15,286

NET BOOK VALUE

At 31 March 2025

6,281

266

6,547

At 31 March 2024

8,024

533

8,557

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

179,250

196,857

Other debtors

1,243

499

Directors' current accounts

15

-

Prepayments

1,914

1,806

182,422

199,162

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,433

6,274

Trade creditors

16,589

22,822

Social security and other taxes

6,512

4,825

VAT

51,518

41,658

Other creditors

118,498

134,979

Directors' current accounts

-

219

Accrued expenses

3,000

2,573

202,550

213,350

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans 2-5 years

29,205

35,638

Directors loans

195,000

195,000

224,205

230,638

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Invoice financing

117,719

130,073

Included in other creditors is an invoicing financing agreement with Close Brothers Limited. The financing is secured by way of a fixed and floating charge over the company book debts and other assets. The directors have personal guarantees totalling £25,000.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

672

Ordinary

1

672

672