REGISTERED NUMBER: 07187542 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SAFETYFLEX BARRIERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Gerrard

M Gerrard

REGISTERED OFFICE:

Unit C, Boston Place

Foleshill

Coventry

West Midlands

CV6 5NN

REGISTERED NUMBER:

07187542 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

103,237

93,722

Investments

5

3,526,536

1,849,731

3,629,773

1,943,453

CURRENT ASSETS

Debtors

6

1,619,252

2,282,894

Cash at bank

2,900,256

2,008,696

4,519,508

4,291,590

CREDITORS

Amounts falling due within one year

7

563,328

371,212

NET CURRENT ASSETS

3,956,180

3,920,378

TOTAL ASSETS LESS CURRENT LIABILITIES

7,585,953

5,863,831

PROVISIONS FOR LIABILITIES

615,148

251,950

NET ASSETS

6,970,805

5,611,881

CAPITAL AND RESERVES

Called up share capital

8

100

100

Revaluation reserve

1,716,945

687,486

Retained earnings

5,253,760

4,924,295

SHAREHOLDERS' FUNDS

6,970,805

5,611,881

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 19 December 2025 and were signed on its behalf by:

R Gerrard - Director

M Gerrard - Director

1.	STATUTORY INFORMATION

Safetyflex Barriers 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 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.

Plant and machinery

-

5% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on cost

Computer equipment

-

25% 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Investments

Investments are stated at their fair value in accordance with FRS 102 section 11.14.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

-

5,941

145,612

12,907

164,460

Additions

27,650

-

-

-

27,650

At 31 March 2025

27,650

5,941

145,612

12,907

192,110

DEPRECIATION

At 1 April 2024

-

4,304

54,698

11,736

70,738

Charge for year

-

246

17,596

293

18,135

At 31 March 2025

-

4,550

72,294

12,029

88,873

NET BOOK VALUE

At 31 March 2025

27,650

1,391

73,318

878

103,237

At 31 March 2024

-

1,637

90,914

1,171

93,722

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

1,849,731

Additions

349,861

Disposals

(116,504

)

Revaluations

1,443,448

At 31 March 2025

3,526,536

NET BOOK VALUE

At 31 March 2025

3,526,536

At 31 March 2024

1,849,731

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2025

2,350,109

Cost

1,176,427

3,526,536

If listed investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

1,176,427

943,070

Listed investments were valued on an open market basis on 31 March 2025 by Hargreaves Lansdown .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

198,393

509,363

Amounts owed by group undertakings

84,364

27,731

Other debtors

1,267,203

1,662,754

VAT

69,292

80,587

Prepayments

-

2,459

1,619,252

2,282,894

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Payments on account

343,221

54,425

Trade creditors

52,995

28,582

Tax

51,148

153,651

Social security and other taxes

5,507

4,866

Other creditors

757

735

Directors' current accounts

100,000

100,000

Accrued expenses

9,700

28,953

563,328

371,212

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

51

Ordinary A

1

51

51

49

Ordinary B

1

49

49

100

100