Registered number
04327961
Safety Assured Limited
Abbreviated Accounts
30 November 2016
Safety Assured Limited
Report to the director on the preparation of the unaudited abbreviated accounts of Safety Assured Limited for the year ended 30 November 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Safety Assured Limited for the year ended 30 November 2016 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Raj Consultancy Ltd
Chartered Certified Accountants
CEME Innovation Centre
Marsh Way
Rainham
Essex
RM13 8EU
15 August 2017
Safety Assured Limited
Registered number: 04327961
Abbreviated Balance Sheet
as at 30 November 2016
Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 2,409 4,399
Current assets
Stocks 6,500 6,500
Debtors 32,984 34,775
Cash at bank and in hand 51,211 105,657
90,695 146,932
Creditors: amounts falling due within one year (27,201) (103,642)
Net current assets 63,494 43,290
Net assets 65,903 47,689
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 65,803 47,589
Shareholders' funds 65,903 47,689
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
S.R. Webb
Director
Approved by the board on 15 August 2017
Safety Assured Limited
Notes to the Abbreviated Accounts
for the year ended 30 November 2016
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% straight line
Motor vehicles 25% straight line
Stocks
Stock is valued at the lower of cost and net realisable value.
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
2 Tangible fixed assets £
Cost
At 1 December 2015 65,224
Additions 809
At 30 November 2016 66,033
Depreciation
At 1 December 2015 60,825
Charge for the year 2,799
At 30 November 2016 63,624
Net book value
At 30 November 2016 2,409
At 30 November 2015 4,399
3 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
Safety Assured Limited 04327961 false true 2015-12-01 2016-11-30 2016-11-30 S.R. Webb 04327961 uk-bus:OrdinaryShareClass1 2015-11-30 04327961 2015-12-01 2016-11-30 04327961 uk-bus:Director40 2015-12-01 2016-11-30 04327961 uk-gaap:PlantMachinery 2015-12-01 2016-11-30 04327961 uk-gaap:MotorVehicles 2015-12-01 2016-11-30 04327961 uk-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 04327961 2016-11-30 04327961 uk-bus:OrdinaryShareClass1 2016-11-30 04327961 2015-11-30 iso4217:GBP xbrli:shares