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Registration number: 10077512

Safar Publications Ltd
Filleted Financial Statements
for the Year Ended 31 August 2025

Safar Publications Ltd

Contents

Balance Sheet | 1
Notes to the Financial Statements | 2 to 8

Safar Publications Ltd

(Registration number: 10077512)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 6,555 | 3,289
Current assets |  |  |
Stocks | 5 | 175,370 | 159,730
Debtors | 6 | 62,931 | 34,408
Cash at bank and in hand |  | 131,735 | 119,764
|  | 370,036 | 313,902
Creditors: Amounts falling due within one year | 7 | (426,636) | (507,069)
Net current liabilities |  | (56,600) | (193,167)
Net liabilities |  | (50,045) | (189,878)
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | (50,145) | (189,978)
Shareholders' deficit |  | (50,045) | (189,878)

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 June 2026 and signed on its behalf by:

......................................... S A Wasim Director

Safar Publications Ltd

Notes to the Financial Statements for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
3rd Floor
Marlborough House
298 Regents Park Road
London
N3 2SZ

The principal place of business is:
Suite 205
Nile Business Centre
60 Nelson Street
London
E1 2DE

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The accounts are prepared in the company's functional currency of British Pounds (£) and rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis, the validity of which is based on the continued support of the company directors and the parent entity. The company was in a net liability position at the year end and since the year end the company has returned to making net cash income and the directors have forecast that the company will continue to make a profit and net cash income for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.

Safar Publications Ltd

Notes to the Financial Statements for the Year Ended 31 August 2025

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 29 June 2026 was Stephen Hunt, who signed for and on behalf of Duncan & Toplis Audit Limited.

.........................................

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Safar Publications Ltd

Notes to the Financial Statements for the Year Ended 31 August 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Debtors with no stated interest rate and receivable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Creditors with no stated interest rate and payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2024 - 11).

Safar Publications Ltd

Notes to the Financial Statements for the Year Ended 31 August 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 September 2024 | 4,711 | 4,711
Additions | 4,676 | 4,676
At 31 August 2025 | 9,387 | 9,387
Depreciation
At 1 September 2024 | 1,422 | 1,422
Charge for the year | 1,410 | 1,410
At 31 August 2025 | 2,832 | 2,832
Carrying amount
At 31 August 2025 | 6,555 | 6,555
At 31 August 2024 | 3,289 | 3,289

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 175,370 | 159,730

Safar Publications Ltd

Notes to the Financial Statements for the Year Ended 31 August 2025

6 | Debtors

| 2025 £ | 2024 £
Trade debtors | 58,617 | 28,622
Other debtors | 4,314 | 5,786
| 62,931 | 34,408

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 73,852 | 64,278
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 9 | 307,861 | 334,639
Taxation and social security |  | 5,661 | 7,746
Accruals and deferred income |  | 10,030 | 15,832
Other creditors |  | 29,232 | 84,574
|  | 426,636 | 507,069

Safar Publications Ltd

Notes to the Financial Statements for the Year Ended 31 August 2025

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares of £1 each | 100 | 100 | 100 | 100

9 | Related party transactions

Creditors includes an amount of £307,861 (2024 : £334,639) owed to related parties. Other creditors includes an amount of £23,719 (2024 : £79,355) relating to loans owed to directors.

Safar Publications Ltd

Notes to the Financial Statements for the Year Ended 31 August 2025

10 | Parent and ultimate parent undertaking

The ultimate parent is Safar Academy Trust, incorporated in the United Kingdom.