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Company Registration No. 07538453 (England and Wales)
Racking Safety Solutions Limited Unaudited accounts for the year ended 30 June 2025
Racking Safety Solutions Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Racking Safety Solutions Limited Company Information for the year ended 30 June 2025
Directors
B Cuthbertson H C Reed
Company Number
07538453 (England and Wales)
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Racking Safety Solutions Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,884
2,512
Current assets
Debtors
5
3,330
8,630
Cash at bank and in hand
23,848
6,498
27,178
15,128
Creditors: amounts falling due within one year
6
(18,595)
(14,392)
Net current assets
8,583
736
Total assets less current liabilities
10,467
3,248
Creditors: amounts falling due after more than one year
7
(14,843)
(18,372)
Net liabilities
(4,376)
(15,124)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(4,476)
(15,224)
Shareholders' funds
(4,376)
(15,124)
For the year ending 30 June 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 26 January 2026 and were signed on its behalf by
B Cuthbertson Director Company Registration No. 07538453
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Racking Safety Solutions Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Racking Safety Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 07538453.
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.
3
Accounting policies
These financial statements for the year ended 30 June 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 July 2024
9,974
11,400
21,374
At 30 June 2025
9,974
11,400
21,374
Depreciation
At 1 July 2024
9,492
9,370
18,862
Charge for the year
120
508
628
At 30 June 2025
9,612
9,878
19,490
Net book value
At 30 June 2025
362
1,522
1,884
At 30 June 2024
482
2,030
2,512
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
3,330
8,630
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Racking Safety Solutions Limited Notes to the Accounts for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
7,839
6,693
Trade creditors
874
111
Taxes and social security
8,600
4,776
Loans from directors
40
43
Accruals
1,242
2,769
18,595
14,392
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
14,843
18,372
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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