SAFE CAR BREAKERS LTD

Company Registration Number:
13003806 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2025

Period of accounts

Start date: 01 December 2024

End date: 30 November 2025

SAFE CAR BREAKERS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2025

Balance sheet
Notes

SAFE CAR BREAKERS LTD

Balance sheet

As at 30 November 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 2,399 1,966
Total fixed assets: 2,399 1,966
Current assets
Stocks: 34,800 36,852
Cash at bank and in hand: 8,678 21,389
Total current assets: 43,478 58,241
Creditors: amounts falling due within one year:   (49,361) (57,218)
Net current assets (liabilities): (5,883) 1,023
Total assets less current liabilities: (3,484) 2,989
Total net assets (liabilities): (3,484) 2,989
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (3,485) 2,988
Shareholders funds: (3,484) 2,989

The notes form part of these financial statements

SAFE CAR BREAKERS LTD

Balance sheet statements

For the year ending 30 November 2025 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 August 2026
and signed on behalf of the board by:

Name: Vytautas Tilvikas
Status: Director

The notes form part of these financial statements

SAFE CAR BREAKERS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises revenues, measured at the fair value of consideration receivable and excluding VAT and discounts, in respect of goods and services supplied during the year.

Tangible fixed assets and depreciation policy

Tangible fixed assets, other than freehold property, are stated at cost less accumulated depreciation and any accumulated impairment losses. Freehold buildings may be stated at revaluation where this can be measured reliably, otherwise at cost, and less accumulated depreciation and any accumulated impairment losses. Depreciation is calculated on a reducing balance basis, to allocate the cost less estimated residual value of tangible fixed assets over their expected useful lives at the following rates: Fixtures and fittings are depreciated at an annual rate of 25 percent The residual value of assets is reviewed annually, and if there is indication of significant impairment to an asset, its carrying amount is reduced to the estimated recoverable amount. An impairment loss, recognised as the difference in these two amounts, is charged to profit or loss for the year.

Other accounting policies

Stock Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes directly attributable labour and other costs of production. Appropriate provision is made for obsolete or slow-moving items. Leases Leases that are not classified as finance leases are treated as operating leases. Rentals payable under operating leases are charged to profit and loss on a straight-line basis over the term of the lease. The aggregate benefit of any lease incentives are recognised in profit and loss over the lease term on a straight-line basis. Deferred taxation The tax expense for the year comprises undiscounted current and deferred tax, where appropriate. Deferred tax, using the tax rates enacted or substantively enacted by the reporting date, is recognised in respect of all timing differences in comparing when transactions are recognised in the financial statements and when they are recognised for tax purposes. Tax is recognised in profit and loss, unless attributable to other comprehensive income. Pension costs The company operates a defined contribution scheme for the benefit of its employees. The assets of the scheme are held separately from the company in independently administered funds. Pension payments are recognised as an expense in profit and loss in the period in which they fall due. Going Concern Having due regard to cash flow forecasts, the director considers that based on their continued support, it is appropriate to prepare the accounts on a going concern basis

SAFE CAR BREAKERS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2025

2. Employees

2025 2024
Average number of employees during the period 2 3

SAFE CAR BREAKERS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2025

3. Tangible Assets

Total
Cost £
At 01 December 2024 3,083
Additions 1,442
Disposals (277)
At 30 November 2025 4,248
Depreciation
At 01 December 2024 1,117
Charge for year 803
On disposals (71)
At 30 November 2025 1,849
Net book value
At 30 November 2025 2,399
At 30 November 2024 1,966