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Company Registration No. 08022187 (England and Wales)
Faelsafe Life Safety Limited Unaudited accounts for the year ended 31 July 2025
Faelsafe Life Safety Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Faelsafe Life Safety Limited Company Information for the year ended 31 July 2025
Director
Andrew John Hutchison
Company Number
08022187 (England and Wales)
Registered Office
Unit 5 Asquith Avenue Business Park Asquith Avenue Morely West Yorkshire LS27 7RZ United Kingdom
Accountants
Simpson Accounting Services 38 Kellington Lane Eggborough North Yorkshire DN14 0LB
- 3 -
Faelsafe Life Safety Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
237,293
172,534
Investments
6
1,039
1,039
238,332
173,573
Current assets
Debtors
7
700,557
532,166
Cash at bank and in hand
50,848
49,703
751,405
581,869
Creditors: amounts falling due within one year
8
(680,930)
(585,817)
Net current assets/(liabilities)
70,475
(3,948)
Total assets less current liabilities
308,807
169,625
Creditors: amounts falling due after more than one year
9
(256,967)
(87,045)
Provisions for liabilities
Deferred tax
(2,000)
(2,000)
Net assets
49,840
80,580
Capital and reserves
Called up share capital
100
100
Profit and loss account
49,740
80,480
Shareholders' funds
49,840
80,580
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 4 March 2026 and were signed on its behalf by
Andrew John Hutchison Director Company Registration No. 08022187
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Faelsafe Life Safety Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Faelsafe Life Safety Limited is a private company, limited by shares, registered in England and Wales, registration number 08022187. The registered office is Unit 5, Asquith Avenue Business Park, Asquith Avenue, Morely, West Yorkshire, LS27 7RZ, United Kingdom.
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
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.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation is not provided for in teh year of acquisition, but has then been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20%
Computer equipment
20%
Intangible fixed assets
Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years. For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit
4
Intangible fixed assets
Goodwill
£
Cost
At 1 August 2024
45,061
At 31 July 2025
45,061
Amortisation
At 1 August 2024
45,061
At 31 July 2025
45,061
Net book value
At 31 July 2025
-
- 5 -
Faelsafe Life Safety Limited Notes to the Accounts for the year ended 31 July 2025
5
Tangible fixed assets
Land & buildings
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
1,833
204,920
9,517
216,270
Additions
-
98,900
-
98,900
At 31 July 2025
1,833
303,820
9,517
315,170
Depreciation
At 1 August 2024
-
36,964
6,772
43,736
Charge for the year
-
33,592
549
34,141
At 31 July 2025
-
70,556
7,321
77,877
Net book value
At 31 July 2025
1,833
233,264
2,196
237,293
At 31 July 2024
1,833
167,956
2,745
172,534
6
Investments
Other investments
£
Valuation at 1 August 2024
1,039
Valuation at 31 July 2025
1,039
7
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
463,982
312,051
Amounts due from group undertakings etc.
7,518
19,480
Other debtors
-
113,935
471,500
445,466
Amounts falling due after more than one year
Amounts due from group undertakings etc.
174,057
81,250
Accrued income and prepayments
5,000
5,450
Other debtors
50,000
-
229,057
86,700
- 6 -
Faelsafe Life Safety Limited Notes to the Accounts for the year ended 31 July 2025
8
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
274,487
122,076
VAT
116,366
98,611
Obligations under finance leases and hire purchase contracts
72,884
43,209
Trade creditors
61,957
190,546
Taxes and social security
122,536
105,693
Other creditors
31,239
24,657
Loans from directors
366
-
Accruals
1,095
1,025
680,930
585,817
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
139,271
7,958
Obligations under finance leases and hire purchase contracts
18,986
79,087
Other creditors
98,710
-
256,967
87,045
10
Pension commitments
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
11
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Andrew John Hutchison
Directors Loan Account - Interest Charged At 6%
115,000
-
115,000
-
115,000
-
115,000
-
12
Average number of employees
During the year the average number of employees was 18 (2024: 18).
- 7 -