REGISTERED NUMBER: SC603424 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Salus Safety Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTOR:

P A R Taylor

REGISTERED OFFICE:

6

Cleghorn Lea

Lanark

ML11 7NX

REGISTERED NUMBER:

SC603424 (Scotland)

ACCOUNTANTS:

Jonathan Ford & Co Limited

Chartered Accountants

Maxwell House

Liverpool Innovation Park

Liverpool

Merseyside

L7 9NJ

FIXED ASSETS

Tangible assets

5

5,238

17,523

CURRENT ASSETS

Debtors

6

317,996

232,571

Cash at bank

60,545

64,923

378,541

297,494

CREDITORS

Amounts falling due within one year

7

106,941

64,570

NET CURRENT ASSETS

271,600

232,924

TOTAL ASSETS LESS CURRENT LIABILITIES

276,838

250,447

PROVISIONS FOR LIABILITIES

1,388

547

NET ASSETS

275,450

249,900

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

275,448

249,898

275,450

249,900

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 9 April 2026 and were signed by:

P A R Taylor - Director

1.	STATUTORY INFORMATION

Salus Safety Solutions Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below:

(i) Useful economic lives of tangible assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the asset.

(ii) Impairment of debtors

The company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment of trade and other debtors, management considers factors including the current credit rating of the debtor, the ageing profile or debtors and historical experience.

(iii) Deferred tax provisioning

Deferred tax is recognised on all timing differences at the reporting date. The company's timing differences arise in the differing tax and accounting carrying values of tangible assets. Judgement is exercised when determining if and when the reversal of the timing difference is expected to occur.

Turnover

Turnover represents net invoiced sales of services, net of trade discounts and excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from banks and other third parties.

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the financial instrument.

(i) Cash and cash equivalents

These comprise cash at bank and other short-term deposits.

(ii) Trade debtors

Trade debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the profits and loss account when there is objective evidence that the asset is impaired.

(iii) Trade creditors

Trade creditors are not interest bearing and are stated at their nominal value.

(iv) Loans

Basic loans are initially measured at transaction price and subsequently carried at amortised cost using the effective interest method.

Current tax

Current tax is the amount of income tax payable in respect of taxable profit for the year. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the period end.

Deferred tax

Deferred tax is recognised on all timing differences at the reporting date except for certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised when 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 and that are expected to apply to the reversal of the timing difference.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Operating leases

Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. Payments under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Pension costs

The company contributes to personal pension plans and the pension charge represents the amounts payable by the company during the year.

Employee benefits

Short terms benefits, including holiday pay and other non-monetary benefits, are recognised as an expense in the period in which the services is received.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 11 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

55,017

Additions

1,337

At 31 July 2025

56,354

DEPRECIATION

At 1 August 2024

37,494

Charge for year

13,622

At 31 July 2025

51,116

NET BOOK VALUE

At 31 July 2025

5,238

At 31 July 2024

17,523

6.

DEBTORS

31.7.25

31.7.24

£

£

Amounts falling due within one year:

Trade debtors

95,702

35,507

Other debtors

112,294

87,064

207,996

122,571

Amounts falling due after more than one year:

Other debtors

110,000

110,000

Aggregate amounts

317,996

232,571

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

8,069

14,698

Taxation and social security

85,953

42,543

Other creditors

12,919

7,329

106,941

64,570

8.	OTHER FINANCIAL COMMITMENTS

The company is committed to pay £34,865 (PY - £48,116) in future accounting periods under non-cancellable operating leases. Of that amount, £23,558 (PY - £18,801) falls due in the 12 months immediately following the balance sheets date.

9.	OFF-BALANCE SHEET ARRANGEMENTS

The company has no off-balance sheet arrangements other than operating leases.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year advances were made to a director that constitute an unsecured loan. The balance at the end of the period was £13,268 (PY - £13,268). This amount is included within current assets.

The loans to the director are interest-free and repayable on demand. No repayment guarantee has been given by the director.

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed £110,000 (PY - £110,000) by Salus Investment Solutions Ltd, a related party due to having a common shareholder/director.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is P A R Taylor.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Salus Safety Solutions Limited for the year ended 31 July 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Salus Safety Solutions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Salus Safety Solutions Limited and state those matters that we have agreed to state to the director of Salus Safety Solutions Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Salus Safety Solutions Limited and its director for our work or for this report.

It is your duty to ensure that Salus Safety Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Salus Safety Solutions Limited. You consider that Salus Safety Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Salus Safety Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Jonathan Ford & Co Limited

Chartered Accountants

Maxwell House

Liverpool Innovation Park

Liverpool

Merseyside

L7 9NJ

9 April 2026