SAFEWAYS1 UK LTD - Filleted accounts

Registered number

12052043

SAFEWAYS1 UK LTD

Filleted Accounts

31 March 2026

SAFEWAYS1 UK LTD
Registered number:		12052043
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		564			705

Current assets
Debtors	4	-			1,425
Cash at bank and in hand		16,100			18,959
		16,100			20,384

Creditors: amounts falling due within one year	5	(9,974)			(6,867)

Net current assets			6,126			13,517

Net assets			6,690			14,222

Capital and reserves
Called up share capital			100			100
Profit and loss account			6,590			14,122

Shareholders' funds			6,690			14,222

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Muhammad Khan
Director
Approved by the board on 15 June 2026

SAFEWAYS1 UK LTD
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	20% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2025				2,231
	At 31 March 2026				2,231

	Depreciation
	At 1 April 2025				1,526
	Charge for the year				141
	At 31 March 2026				1,667

	Net book value
	At 31 March 2026				564
	At 31 March 2025				705


4	Debtors		2026		2025
£				£

	Trade debtors		-		1,425



5	Creditors: amounts falling due within one year		2026		2025
£				£

	Taxation and social security costs		200		6,166
	Other creditors		9,774		701
			9,974		6,867


6	Controlling party

	Mr Muhammad Khan is the ultimate controlling party.


7	Other information

	SAFEWAYS1 UK LTD is a private company limited by shares and incorporated in England. Its registered office is:
	No 10 Clemens Road
	Aylesbury
	Buckinghamshire
	HP18 1AR