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Company Registration No. 12975852 (England and Wales)
Safe Wheels Limited Accounts for the year ended 31 October 2025
Safe Wheels Limited Accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Safe Wheels Limited Company Information for the year ended 31 October 2025
Director
Robert Charles Lewis
Company Number
12975852 (England and Wales)
Registered Office
Office G26, CT3 Building Wigan Investment Centre Wigan WN3 5BA
Accountants
Tax50 Wigan Investment Centre Waterside Drive Wigan WN3 5BA
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Safe Wheels Limited Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
14,372 
2,560 
Current assets
Cash at bank and in hand
1,230 
7,546 
Creditors: amounts falling due within one year
5
(4,076)
(3,650)
Net current (liabilities)/assets
(2,846)
3,896 
Net assets
11,526 
6,456 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
11,426 
6,356 
Shareholders' funds
11,526 
6,456 
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.
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 1 July 2026 and were signed on its behalf by
Robert Charles Lewis Director Company Registration No. 12975852
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Safe Wheels Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Safe Wheels Limited is a private company, limited by shares, registered in England and Wales, registration number 12975852. The registered office is Office G26, CT3 Building, Wigan Investment Centre, Wigan, WN3 5BA.
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:
Motor vehicles
20% Reducing Balance Basis
Going concern
These Financial Statements have been prepared on a "Going Concern" basis, which assumes the company will continue to trade normally for the foreseeable future.
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 November 2024
5,000 
Additions
16,270 
Disposals
(2,560)
At 31 October 2025
18,710 
Depreciation
At 1 November 2024
2,440 
Charge for the year
1,898 
At 31 October 2025
4,338 
Net book value
At 31 October 2025
14,372 
At 31 October 2024
2,560 
- 5 -
Safe Wheels Limited Notes to the Accounts for the year ended 31 October 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
37 
1,397 
Other creditors
1,000 
2,000 
Loans from directors
3,039 
253 
4,076 
3,650 
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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