REGISTERED NUMBER: SC211836 (Scotland)

Financial Statements

for the Year Ended 31 October 2025

for

First Safety (Scotland) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B Swain

REGISTERED OFFICE:

Unit 10,Evans Business Centre

68-74 Queen Elizabeth Avenue

Hillington Park

Glasgow

G52 4NQ

REGISTERED NUMBER:

SC211836 (Scotland)

ACCOUNTANTS:

KPP Glasgow South Ltd

Chartered Certified Accountants

Unit 3 , 37 Rosyth Road

Morris Park

Glasgow

G5 0YE

FIXED ASSETS

Tangible assets

4

16,474

20,563

CURRENT ASSETS

Stocks

5

2,129

3,003

Debtors

6

31,628

53,253

Cash at bank and in hand

32,949

44,347

66,706

100,603

CREDITORS

Amounts falling due within one year

7

47,326

54,763

NET CURRENT ASSETS

19,380

45,840

TOTAL ASSETS LESS CURRENT LIABILITIES

35,854

66,403

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

35,852

66,401

SHAREHOLDERS' FUNDS

35,854

66,403

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 March 2026 and were signed by:

J Collins - Director

1.	STATUTORY INFORMATION

First Safety (Scotland) Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

and 31 October 2025

16,415

490

20,998

9,441

47,344

DEPRECIATION

At 1 November 2024

6,000

393

12,140

8,248

26,781

Charge for year

1,562

15

2,214

298

4,089

At 31 October 2025

7,562

408

14,354

8,546

30,870

NET BOOK VALUE

At 31 October 2025

8,853

82

6,644

895

16,474

At 31 October 2024

10,415

97

8,858

1,193

20,563

5.

STOCKS

31.10.25

31.10.24

£

£

Stocks

2,129

3,003

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade Debtors

31,628

52,198

Prepayments

-

1,055

31,628

53,253

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts

-

860

Trade creditors

23,229

26,282

Loan

2,750

-

Tax

858

7,392

Social security and other taxes

2,567

(1,000

)

VAT

12,240

15,655

Accrued expenses

5,682

5,574

47,326

54,763

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

2

Ordinary

£1

2

2