SAFETY GEAR STORE LTD

Company Registration Number:
07375605 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2025

Period of accounts

Start date: 01 January 2025

End date: 31 December 2025

SAFETY GEAR STORE LTD

Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet
Notes

SAFETY GEAR STORE LTD

Balance sheet

As at 31 December 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 1,617 4,943
Total fixed assets: 1,617 4,943
Current assets
Stocks: 75,000 100,000
Debtors:   599,641 1,180,828
Cash at bank and in hand: 95,678 77,303
Total current assets: 770,319 1,358,131
Creditors: amounts falling due within one year:   (484,750) (794,587)
Net current assets (liabilities): 285,569 563,544
Total assets less current liabilities: 287,186 568,487
Creditors: amounts falling due after more than one year:     (58,741)
Total net assets (liabilities): 287,186 509,746
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 287,086 509,646
Shareholders funds: 287,186 509,746

The notes form part of these financial statements

SAFETY GEAR STORE LTD

Balance sheet statements

For the year ending 31 December 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 14 September 2026
and signed on behalf of the board by:

Name: N Beardmore
Status: Director

The notes form part of these financial statements

SAFETY GEAR STORE LTD

Notes to the Financial Statements

for the Period Ended 31 December 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 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 sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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 and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows: Plant and machinery 50% straight line basis

Valuation and information policy

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Other accounting policies

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. Contributions to defined contribution plans are expensed in the period to which they relate.

SAFETY GEAR STORE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

2. Employees

2025 2024
Average number of employees during the period 12 9

SAFETY GEAR STORE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Tangible Assets

Total
Cost £
At 01 January 2025 17,122
Additions 3,234
Disposals (13,235)
At 31 December 2025 7,121
Depreciation
At 01 January 2025 12,179
Charge for year 3,561
On disposals (10,236)
At 31 December 2025 5,504
Net book value
At 31 December 2025 1,617
At 31 December 2024 4,943