Safety Nett Limited

Registered Number: 05836938 Safety Nett Limited
Statement of Financial Position
As at 30 April 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	4	2,534	2,742
		2,534	2,742
Current assets
Debtors		34,683	21,306
Cash at bank and in hand		(2,204)	(1,557)
		32,479	19,749
Creditors: amount falling due within one year		(17,625)	(22,153)
Net current assets		14,854	(2,404)

Total assets less current liabilities		17,388	338
Creditors: amount falling due after more than one year		(17,341)	-
Net assets		47	338

Capital and reserves
Called up share capital	5	2	2
Profit and loss account		45	336
Shareholders' funds		47	338

For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 19 January 2026 and were signed by:

-------------------------------
M Chiweda
Director

Safety Nett Limited
Notes to the Abridged Financial Statements
For the year ended 30 April 2025

General Information

Safety Nett Limited is a private company, limited by shares, registered in England and Wales, registration number 05836938, registration address 17 Hawthorns Road, Woking, Surrey, GU22 0BA.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Staff Costs

	2025 £	2024 £
Wages and salaries	25,683	12,853
Pension costs, defined contribution plan	18,037	18,000
Other staff costs	2,415	2,030
	46,135	32,883

Average number of employees during the year	Number	Number
Administration	2	1
	2	1

3.	Average number of employees The average number of employees during the year was 2 - (2024-1). Average number of employees during the year was 2 (2024 : 1).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Computer Equipment	Total
	£	£	£
At 01 May 2024	13,850	3,556	17,406
Additions	-	750	750
Disposals	-	-	-
At 30 April 2025	13,850	4,306	18,156
Depreciation
At 01 May 2024	11,385	3,279	14,664
Charge for year	616	342	958
On disposals	-	-	-
At 30 April 2025	12,001	3,621	15,622
Net book values
Closing balance as at 30 April 2025	1,849	685	2,534
Opening balance as at 01 May 2024	2,465	277	2,742

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
2 Ordinary shares of £1.00 each	2		2
	2		2

Registered Number: 05836938
England and Wales
Abridged Accounts

for the year ended 30 April 2025
for
SAFETY NETT LIMITED