REGISTERED NUMBER: OC368364 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Buildsafe Trading LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Packsafe Group Limited

A J R Klein

REGISTERED OFFICE:

Unit 1

Severn Bridge Ind Est

Caldicot

Monmouthsire

NP26 5PW

REGISTERED NUMBER:

OC368364 (England and Wales)

ACCOUNTANTS:

APT

44 The Pantiles

Tunbridge Wells

Kent

TN2 5TN

FIXED ASSETS

Intangible assets

4

92,000

103,500

Tangible assets

5

1,717,784

3,035,127

1,809,784

3,138,627

CURRENT ASSETS

Debtors

6

14,302

11,298

Cash at bank

92,736

82,639

107,038

93,937

CREDITORS

Amounts falling due within one year

7

45,249

52,184

NET CURRENT ASSETS

61,789

41,753

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,871,573

3,180,380

LOANS AND OTHER DEBTS DUE TO MEMBERS

731,782

2,072,686

MEMBERS' OTHER INTERESTS

Capital accounts

1,139,791

1,107,694

1,871,573

3,180,380

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

731,782

2,072,686

Members' other interests

1,139,791

1,107,694

1,871,573

3,180,380

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2026.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 11 June 2026 and were signed by:

A J R Klein - Designated member

1.	STATUTORY INFORMATION

Buildsafe Trading LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The functional and presentational currency of the LLP is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

Going concern

After reviewing the LLP's forecasts and projections, the members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP therefore continues to adopt the going concern basis in preparing its financial statements.

Significant judgements and estimates

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amounts paid in connection with various businesses is being amortised evenly over their useful economic lifes of between 5 to 10 years.

Trademarks

Trademarks are being amortised evenly over their useful economic life of 20 years.

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 etc

-

25% on reducing balance, 25% on cost and 15% on reducing balance

Depreciation in respect of freehold property has not been charged on the basis that an annual revaluation is undertaken.

Financial instruments

Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost, using the effective interest rate method.

Basic financial liabilities including trade and other payables are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Provision for liabilities

Provisions are recognised when the LLP has a present obligation (legal or constructive) as a result of a past event, it is probable that the LLP will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 7 (2025 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

55,000

230,000

285,000

AMORTISATION

At 1 April 2025

55,000

126,500

181,500

Charge for year

-

11,500

11,500

At 31 March 2026

55,000

138,000

193,000

NET BOOK VALUE

At 31 March 2026

-

92,000

92,000

At 31 March 2025

-

103,500

103,500

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 April 2025

3,000,000

110,310

3,110,310

Additions

-

5,968

5,968

Disposals

-

(22,000

)

(22,000

)

Revaluations

(1,306,475

)

-

(1,306,475

)

At 31 March 2026

1,693,525

94,278

1,787,803

DEPRECIATION

At 1 April 2025

-

75,183

75,183

Charge for year

-

5,750

5,750

Eliminated on disposal

-

(10,914

)

(10,914

)

At 31 March 2026

-

70,019

70,019

NET BOOK VALUE

At 31 March 2026

1,693,525

24,259

1,717,784

At 31 March 2025

3,000,000

35,127

3,035,127

Cost or valuation at 31 March 2026 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2023

180,000

-

180,000

Valuation in 2025

2,185,000

-

2,185,000

Valuation in 2026

(1,306,475

)

-

(1,306,475

)

Cost

635,000

94,278

729,278

1,693,525

94,278

1,787,803

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

14,302

11,298

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

5,428

10,690

Taxation and social security

25,519

17,211

Other creditors

14,302

24,283

45,249

52,184