REGISTERED NUMBER: 07343611 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2025 TO 31 MARCH 2026

FOR

SAFEGUARD ELECTRICAL ENGINEERING LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

M Evans

REGISTERED OFFICE:

Yew Tree House

The Shrubbery

10 Church Street

St Neots

Cambridgeshire

PE19 2BU

REGISTERED NUMBER:

07343611 (England and Wales)

ACCOUNTANTS:

Bradshaw Johnson

Chartered Accountants

Croft Chambers

11 Bancroft

Hitchin

Hertfordshire

SG5 1JQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

55,767

25,485

55,767

25,485

CURRENT ASSETS

Debtors

6

11,109

74,659

Cash at bank

106,928

194,862

118,037

269,521

CREDITORS

Amounts falling due within one year

7

3,680

70,792

NET CURRENT ASSETS

114,357

198,729

TOTAL ASSETS LESS CURRENT LIABILITIES

170,124

224,214

CREDITORS

Amounts falling due after more than one year

8

(1

)

(458

)

PROVISIONS FOR LIABILITIES

(11,153

)

(6,371

)

NET ASSETS

158,970

217,385

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

158,969

217,384

SHAREHOLDERS' FUNDS

158,970

217,385

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 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 12 October 2026 and were signed by:

M Evans - Director

1.	STATUTORY INFORMATION

Safeguard Electrical Engineering Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on cost

Motor vehicles

-

20% on cost

Plant and machinery - 20% on cost

Computer equipment - 20% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

and 31 March 2026

32,500

AMORTISATION

At 1 March 2025

and 31 March 2026

32,500

NET BOOK VALUE

At 31 March 2026

-

At 28 February 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 March 2025

1,671

19,478

51,629

1,760

74,538

Additions

233

-

53,967

1,798

55,998

Disposals

-

-

(35,129

)

-

(35,129

)

At 31 March 2026

1,904

19,478

70,467

3,558

95,407

DEPRECIATION

At 1 March 2025

966

16,540

30,914

633

49,053

Charge for period

289

1,376

23,244

690

25,599

Eliminated on disposal

-

-

(35,012

)

-

(35,012

)

At 31 March 2026

1,255

17,916

19,146

1,323

39,640

NET BOOK VALUE

At 31 March 2026

649

1,562

51,321

2,235

55,767

At 28 February 2025

705

2,938

20,715

1,127

25,485

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

28.2.25

£

£

Trade debtors

-

51,232

Other debtors

11,109

23,427

11,109

74,659

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

28.2.25

£

£

Trade creditors

82

16,975

Taxation and social security

26

33,347

Other creditors

3,572

20,470

3,680

70,792

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

28.2.25

£

£

Other creditors

1

458

9.	RELATED PARTY DISCLOSURES

The director, M Evans, owns 100% of the issued share capital and therefore controls the company.