Company Registration No. 04162399 (England and Wales)
SAFE & SECURE INSURANCE SERVICES LIMITED
Unaudited accounts
for the year ended 31 March 2025
SAFE & SECURE INSURANCE SERVICES LIMITED
Unaudited accounts
Contents
SAFE & SECURE INSURANCE SERVICES LIMITED
Company Information
for the year ended 31 March 2025
Directors
Christopher Griffin
Cheryl Griffin
Company Number
04162399 (England and Wales)
Registered Office
12 STADIUM BUSINESS COURT, MILLENNIUM WA
PRIDE PARK
DERBY
DE24 8HP
SAFE & SECURE INSURANCE SERVICES LIMITED
Statement of financial position
as at 31 March 2025
Intangible assets
130,000
80,000
Tangible assets
3,566,458
3,575,509
Cash at bank and in hand
340,123
605,642
Creditors: amounts falling due within one year
(715,910)
(451,827)
Net current (liabilities)/assets
(350,092)
167,641
Total assets less current liabilities
3,346,366
3,823,150
Creditors: amounts falling due after more than one year
-
(765,000)
Provisions for liabilities
Deferred tax
(35,204)
(23,035)
Net assets
3,311,162
3,035,115
Called up share capital
4,000
4,000
Profit and loss account
3,307,162
3,031,115
Shareholders' funds
3,311,162
3,035,115
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by
Christopher Griffin
Director
Company Registration No. 04162399
SAFE & SECURE INSURANCE SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
SAFE & SECURE INSURANCE SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04162399. The registered office is 12 STADIUM BUSINESS COURT, MILLENNIUM WA, PRIDE PARK, DERBY, DE24 8HP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost with no amortisation charged.
4
Intangible fixed assets
Goodwill
SAFE & SECURE INSURANCE SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2024
3,504,505
8,690
152,457
71,227
7,787
3,744,666
Additions
217,710
-
126,065
-
-
343,775
Disposals
(261,000)
-
(106,321)
-
-
(367,321)
At 31 March 2025
3,461,215
8,690
172,201
71,227
7,787
3,721,120
At 1 April 2024
35,575
8,690
94,668
22,437
7,787
169,157
Charge for the year
-
-
33,118
7,319
-
40,437
On disposals
-
-
(54,932)
-
-
(54,932)
At 31 March 2025
35,575
8,690
72,854
29,756
7,787
154,662
At 31 March 2025
3,425,640
-
99,347
41,471
-
3,566,458
At 31 March 2024
3,468,930
-
57,789
48,790
-
3,575,509
Amounts falling due within one year
Accrued income and prepayments
11,995
13,826
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
88,936
59,354
Taxes and social security
85,986
159,912
Loans from directors
530,558
226,604
8
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
-
765,000
9
Average number of employees
During the year the average number of employees was 27 (2024: 26).