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Company Registration No. 12974878 (England and Wales)
SafenetUk Ltd Unaudited accounts for the year ended 31 October 2025
SafenetUk Ltd Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
62,027 
75,643 
Current assets
Debtors
5
157,179 
136,569 
Cash at bank and in hand
58,470 
25,464 
215,649 
162,033 
Creditors: amounts falling due within one year
6
(468)
- 
Net current assets
215,181 
162,033 
Total assets less current liabilities
277,208 
237,676 
Creditors: amounts falling due after more than one year
7
- 
(11,779)
Net assets
277,208 
225,897 
Capital and reserves
Profit and loss account
277,208 
225,897 
Shareholders' funds
277,208 
225,897 
For the year ending 31 October 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 22 March 2026 and were signed on its behalf by
Ian Harrison Director Company Registration No. 12974878
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SafenetUk Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
SafenetUk Ltd is a private company, limited by shares, registered in England and Wales, registration number 12974878. The registered office is 13 VAENOR STREET, ABERYSTWYTH, SY23 2EN, 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 has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20%
Motor vehicles
20%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2024
102,591 
94,760 
197,351 
Additions
32,330 
- 
32,330 
At 31 October 2025
134,921 
94,760 
229,681 
Depreciation
At 1 November 2024
62,635 
59,073 
121,708 
Charge for the year
39,522 
6,424 
45,946 
At 31 October 2025
102,157 
65,497 
167,654 
Net book value
At 31 October 2025
32,764 
29,263 
62,027 
At 31 October 2024
39,956 
35,687 
75,643 
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SafenetUk Ltd Notes to the Accounts for the year ended 31 October 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
14,501 
21,132 
Trade debtors
- 
115,437 
Other debtors
36,115 
- 
50,616 
136,569 
Amounts falling due after more than one year
Other debtors
106,563 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
468 
- 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Taxes and social security
- 
11,779 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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