REGISTERED NUMBER: 04753697

SAFE HANDS MOBILITY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N R Smith

Mrs S W Smith

REGISTERED OFFICE:

424 Margate Road

Ramsgate

Kent

CT12 6SJ

REGISTERED NUMBER:

04753697

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

258,342

285,018

258,342

285,018

CURRENT ASSETS

Stocks

6

142,363

117,808

Debtors

7

156,826

145,864

Cash at bank and in hand

121,416

102,797

420,605

366,469

CREDITORS

Amounts falling due within one year

8

(125,801

)

(99,276

)

NET CURRENT ASSETS

294,804

267,193

TOTAL ASSETS LESS CURRENT LIABILITIES

553,146

552,211

CREDITORS

Amounts falling due after more than one year

9

(26,976

)

(42,730

)

NET ASSETS

526,170

509,481

CAPITAL AND RESERVES

Called up share capital

700,000

700,000

Retained earnings

(173,830

)

(190,519

)

SHAREHOLDERS' FUNDS

526,170

509,481

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2025 and were signed on its behalf by:

Mr N R Smith - Director

Mrs S W Smith - Director

1.	STATUTORY INFORMATION

Safe Hands Mobility Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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 2006, is being amortised evenly over its estimated useful life of nil 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

4% on cost

Plant and machinery

-

15% on reducing balance

Fixture & Fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

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 year was 4 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

192,707

AMORTISATION

At 1 April 2024

and 31 March 2025

192,707

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Fixture &

property

machinery

Fittings

£

£

£

COST

At 1 April 2024

264,922

4,374

45,436

Additions

-

-

404

At 31 March 2025

264,922

4,374

45,840

DEPRECIATION

At 1 April 2024

93,825

3,858

26,418

Charge for year

10,597

77

2,913

At 31 March 2025

104,422

3,935

29,331

NET BOOK VALUE

At 31 March 2025

160,500

439

16,509

At 31 March 2024

171,097

516

19,018

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

159,654

30,917

505,303

Additions

-

1,755

2,159

At 31 March 2025

159,654

32,672

507,462

DEPRECIATION

At 1 April 2024

70,154

26,030

220,285

Charge for year

13,425

1,823

28,835

At 31 March 2025

83,579

27,853

249,120

NET BOOK VALUE

At 31 March 2025

76,075

4,819

258,342

At 31 March 2024

89,500

4,887

285,018

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

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

93,146

DEPRECIATION

At 1 April 2024

49,178

Charge for year

6,595

At 31 March 2025

55,773

NET BOOK VALUE

At 31 March 2025

37,373

At 31 March 2024

43,968

6.

STOCKS

2025

2024

as restated

£

£

Stocks

142,363

117,808

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade debtors

16,541

9,309

Sundry debtors

1,300

2,500

Directors' current accounts

23,780

23,192

VAT

19,243

19,333

Deferred tax asset

71,824

74,933

Prepayments and accrued income

24,138

16,597

156,826

145,864

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Hire purchase contracts

5,215

4,877

Trade creditors

85,926

88,964

Social security and other taxes

10,213

8,648

Sundry creditors

45,964

21,787

Directors' current accounts

3,483

-

Accruals and deferred income

(25,000

)

(25,000

)

125,801

99,276

Sundry creditors includes accruals of £1,965(2023 - £1,165), Christmas club and lottery creditor £3,872 (2023 - £3,421), HSBC company credit card balance of £3,082 (2023 - £2,286) and Advance receipt towards Customers £12,868 (2023 - £19,740).

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as restated

£

£

Bank loans - 1-2 years

10,203

10,000

Bank loans - 2-5 years

2,034

12,439

Hire purchase contracts

14,739

20,291

26,976

42,730

10.	SECURED DEBTS

The bank loan is secured by a mortgage debenture over the company's assets.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs S W Smith.

The ultimate controlling party is Mr N R Smith.

The company is controlled by its directors. There is no ultimate controlling party.