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Company Registration No. 16014032 (England and Wales)
Safmar Limited Unaudited accounts for the year ended 31 October 2025
Safmar Limited Statement of financial position as at 31 October 2025
2025
Notes
£
Fixed assets
Tangible assets
4
1,482
Current assets
Debtors
2,981
Cash at bank and in hand
1
2,982
Creditors: amounts falling due within one year
(4,463)
Net current liabilities
(1,481)
Net assets
1
Capital and reserves
Called up share capital
1
Shareholders' funds
1
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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 8 July 2026 and were signed on its behalf by
Mr. Ahmed Abdelrahman Director Company Registration No. 16014032
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Safmar Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Safmar Limited is a private company, limited by shares, registered in England and Wales, registration number 16014032. The registered office is 3 Middle Park Close, Birmingham, West Midlands, B29 4BT, England.
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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25%
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 November 2024
-
Additions
1,976
At 31 October 2025
1,976
Depreciation
Charge for the year
494
At 31 October 2025
494
Net book value
At 31 October 2025
1,482
5
Average number of employees
During the year the average number of employees was 2.
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