Registration number: 06332398

Safety Gas Detection Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Unaudited Financial Statements	3 to 9

Safety Gas Detection Limited

Company Information

Director

Mr T Holmes

Company secretary

Mrs EJ Holmes

Registered office

Balcedar House Goulding Avenue Leyland Preston Lancs PR25 3HE

Accountants

McDade Roberts Accountants Chartered Accountants316 Blackpool Road Preston Lancashire PR2 3AE

Safety Gas Detection Limited

(Registration number: 06332398)
Statement of Financial Position as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	119,791	152,030
Current assets
Stocks	5	59,000	47,606
Debtors	6	179,723	265,252
Cash at bank and in hand		471,472	227,028
		710,195	539,886
Creditors: Amounts falling due within one year	7	(423,709)	(339,989)
Net current assets		286,486	199,897
Total assets less current liabilities		406,277	351,927
Creditors: Amounts falling due after more than one year	7	(43,972)	(49,328)
Provisions for liabilities		(20,970)	(22,670)
Net assets		341,335	279,929
Capital and reserves
Called up share capital		4	4
Retained earnings		341,331	279,925
Shareholders' funds		341,335	279,929

For the financial year ending 31 August 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; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 28 April 2026
 

......................................... Mr T Holmes Director

Safety Gas Detection Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Balcedar House
Goulding Avenue
Leyland
Preston
Lancs
PR25 3HE

These financial statements were authorised for issue by the director on 28 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Safety Gas Detection Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are 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 by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & Machinery	20% straight line basis
Motor Vehicles	20% reducing balance basis
Computer equipment	33% straight line basis
Fixtures & Fittings	20% straight line basis

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Safety Gas Detection Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation.

Lease payments are apportioned between finance costs in the income statement and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 15 (2024 - 15).

Safety Gas Detection Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 September 2024	1,334	1,675	26,545	229,656
At 31 August 2025	1,334	1,675	26,545	229,656
Depreciation
At 1 September 2024	534	1,375	23,208	82,063
Charge for the year	266	100	2,354	29,519
At 31 August 2025	800	1,475	25,562	111,582
Carrying amount
At 31 August 2025	534	200	983	118,074
At 31 August 2024	800	300	3,337	147,593

	Total £
Cost or valuation
At 1 September 2024	259,210
At 31 August 2025	259,210
Depreciation
At 1 September 2024	107,180
Charge for the year	32,239
At 31 August 2025	139,419
Carrying amount
At 31 August 2025	119,791
At 31 August 2024	152,030

The net book value of assets held under hire purchase agreements totals £47,283 (2024 £59,104).

5

Stocks

	2025 £	2024 £
Other inventories	59,000	47,606

Safety Gas Detection Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

6

Debtors

Current	2025 £	2024 £
Trade debtors	167,386	213,290
Prepayments	9,714	7,834
Other debtors	2,623	44,128
	179,723	265,252

Safety Gas Detection Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	5,355	5,355
Trade creditors		39,891	44,692
Taxation and social security		165,771	187,260
Accruals and deferred income		179,285	2,500
Other creditors		33,407	100,182
		423,709	339,989

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	43,972	49,328

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	43,972	49,328

Current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	5,355	5,355

9	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

Safety Gas Detection Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

9	Obligations under leases and hire purchase contracts (continued)

	2025 £	2024 £
Not later than one year	4,645	20,139
Later than one year and not later than five years	-	5,161
	4,645	25,300