REGISTERED NUMBER: 02730817 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

THE HEALTH & SAFETY PEOPLE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A C Wilson

Mrs J E Dingle

Mr C A Ivey

Mrs K Maynard

REGISTERED OFFICE:

Unit F

Bedford Business Centre

Mile Road

Bedford

Bedfordshire

MK42 9TW

REGISTERED NUMBER:

02730817 (England and Wales)

ACCOUNTANTS:

Rawlinson Pryde Limited

Chartered Accountants

Argent House

5 Goldington Road

Bedford

Bedfordshire

MK40 3JY

FIXED ASSETS

Tangible assets

4

16,528

26,834

CURRENT ASSETS

Debtors

5

2,536,456

2,200,842

Prepayments and accrued income

50,979

53,243

Cash at bank and in hand

233,301

358,173

2,820,736

2,612,258

CREDITORS

Amounts falling due within one year

6

377,957

399,633

NET CURRENT ASSETS

2,442,779

2,212,625

TOTAL ASSETS LESS CURRENT LIABILITIES

2,459,307

2,239,459

CREDITORS

Amounts falling due after more than one year

7

-

(14,112

)

ACCRUALS AND DEFERRED INCOME

(498,484

)

(431,564

)

NET ASSETS

1,960,823

1,793,783

CAPITAL AND RESERVES

Called up share capital

45,000

45,000

Capital redemption reserve

5,000

5,000

Retained earnings

1,910,823

1,743,783

1,960,823

1,793,783

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2026 and were signed on its behalf by:

Mrs J E Dingle - Director

1.	STATUTORY INFORMATION

The Health & Safety People Limited 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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Significant judgements:

The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows:

Key sources of estimation uncertainty:

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows:

1) Depreciation charge:

The annual depreciation charge for each class of tangible fixed asset is based on an estimate of the useful economic life of the respective asset. This is reviewed periodically by the directors to ensure that they reflect both the external and internal factors.

2) Dilapidations:

These are provided for when there is a net present obligation arising from a past event; it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. These are periodically reviewed by the directors to ensure that the criteria is met.

Turnover

Revenue recognition

Turnover derives from:

- provision of health and safety consultancy services.

All turnover originates from the United Kingdom.

Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for services rendered, net of returns and value added tax.

Supplies of services:

Revenue is recognised in the accounting period in which the services are rendered to the customer when the outcome of a contract for services can be estimated reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

33% on cost and 20% on cost

Motor vehicles

-

33% on cost and 25% on cost

Computer equipment

-

33% on cost

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets or financial liabilities.

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2025 - 39 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

124,137

136,822

112,849

373,808

Additions

316

-

11,388

11,704

Disposals

-

(23,531

)

(4,181

)

(27,712

)

At 31 March 2026

124,453

113,291

120,056

357,800

DEPRECIATION

At 1 April 2025

123,873

122,221

100,880

346,974

Charge for year

215

13,998

7,798

22,011

Eliminated on disposal

-

(23,532

)

(4,181

)

(27,713

)

At 31 March 2026

124,088

112,687

104,497

341,272

NET BOOK VALUE

At 31 March 2026

365

604

15,559

16,528

At 31 March 2025

264

14,601

11,969

26,834

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

136,822

Disposals

(23,531

)

At 31 March 2026

113,291

DEPRECIATION

At 1 April 2025

122,221

Charge for year

13,998

Eliminated on disposal

(23,532

)

At 31 March 2026

112,687

NET BOOK VALUE

At 31 March 2026

604

At 31 March 2025

14,601

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

1,160,674

1,041,110

Amounts owed by group undertakings

1,365,460

1,151,060

Other debtors

3,300

1,950

Deferred tax asset

7,022

6,722

2,536,456

2,200,842

The deferred tax asset arises from the interaction of capital allowances and deprecation on the fixed asset purchases. The directors have recognised the asset to the extent that they believe it will be relievable against future profits.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

14,112

15,504

Trade creditors

86,902

86,472

Tax

43,621

65,032

Social security and other taxes

62,187

59,252

Pensions

16,221

13,083

VAT

129,105

134,465

Other creditors

11,629

11,006

Credit card

14,180

14,819

377,957

399,633

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

-

14,112

8.	SECURED DEBTS

Hire purchase contracts are secured on the assets concerned.

9.	DEFERRED TAX

£

Balance at 1 April 2025

(6,722

)

Credit to Statement of Income and Retained Earnings during year

(300

)

Balance at 31 March 2026

(7,022

)

10.	OTHER FINANCIAL COMMITMENTS

Financial commitments are recognised in relation to operating leases for the rental of the business premises and the rentals of motor vehicles.

Future minimum rentals payable under non-cancellable operating leases as at 31 March 2026 are as follows:

2026

2025

£

£

Within one year

71,326

67,575

After one year but not more than five years

40,553

58,893

111,879

126,468

11.	RELATED PARTY DISCLOSURES

During the year ended 31 March 2022, 70% of the ordinary shareholding was sold to Our THSP Limited under an Employee Ownership Trust scheme. The following payments were made on behalf of Our THSP Limited during the year:

2026

2025

£

£

Payments to shareholders for purchase of shares

214,400

214,400

214,400

214,400

As at 31 March 2026 an amount was owed to the company by Our THSP Limited amounting to £1,365,460 (2025: £1,151,060).