Birmingham Safety Wear Limited

Registered number

06350861

Filleted Accounts

31 March 2025

Birmingham Safety Wear Limited
Registered number:		06350861
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		29,797			34,632

Current assets
Stocks		41,285			47,425
Debtors	5	142,643			148,288
Cash at bank and in hand		10,936			22,210
		194,864			217,923

Creditors: amounts falling due within one year	6	(113,000)			(164,609)

Net current assets			81,864			53,314

Total assets less current liabilities			111,661			87,946

Creditors: amounts falling due after more than one year	7		(28,266)			(34,003)

Provisions for liabilities			(3,281)			(3,281)


Net assets			80,114			50,662

Capital and reserves
Called up share capital			200			200
Profit and loss account			79,914			50,462

Shareholders' funds			80,114			50,662

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M Hussain
Director
Approved by the board on 30 December 2025

Birmingham Safety Wear Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			15 % Reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2	Going Concern

	"The Directors have considered the company's business activities, together with the factors likely to affect its future development,performance and position of the company in the market The directors have considered the company's financial resources together with its customer base and supply chain. They have also considered the possibility of obtaining Government gurantee loans to ease any short to meditium term cash flow situation.. As a consequence, the directors believe that the company is well placed to manage its business risks successfully despite the current uncertain economic outlook. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements"


3	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					13		13


4	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 April 2024			49,678		16,000		65,678
	Additions			1,559		-		1,559
	At 31 March 2025			51,237		16,000		67,237

	Depreciation
	At 1 April 2024			27,046		4,000		31,046
	Charge for the year			3,394		3,000		6,394
	At 31 March 2025			30,440		7,000		37,440

	Net book value
	At 31 March 2025			20,797		9,000		29,797
	At 31 March 2024			22,632		12,000		34,632


5	Debtors					2025		2024
£							£

	Trade debtors					111,100		113,716
	Other debtors					31,543		34,572
						142,643		148,288


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					4,576		-
	Trade creditors					79,083		77,059
	Taxation and social security costs					70,799		81,850
	Other creditors					(41,458)		5,700
						113,000		164,609


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					28,266		34,003


8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr Mohsin Hussain
	[Loan 1]	-		42,769		-		42,769

		-		42,769		-		42,769
	Directors' loan account was overdrawn at the balance sheet date but it was repaid within 9 months of the balance sheet date


9	Other information

	Birmingham Safety Wear Limited is a private company limited by shares and incorporated in England. Its registered office is:
	23 Bickford Road
	Birmingham
	B6 7EE