Registered number
04327961
Safety Assured Limited
Abbreviated Accounts
30 November 2015
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 2015
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 2015 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
129 Mungo Park Road
Rainham
Essex
RM13 7PP
24 August 2016
Safety Assured Limited
Registered number: 04327961
Abbreviated Balance Sheet
as at 30 November 2015
Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 4,399 2,228
Current assets
Stocks 6,500 6,500
Debtors 34,775 60,408
Cash at bank and in hand 105,657 32,870
146,932 99,778
Creditors: amounts falling due within one year (103,642) (75,266)
Net current assets 43,290 24,512
Net assets 47,689 26,740
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 47,589 26,640
Shareholders' funds 47,689 26,740
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 24 August 2016
Safety Assured Limited
Notes to the Abbreviated Accounts
for the year ended 30 November 2015
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 2014 60,457
Additions 4,767
At 30 November 2015 65,224
Depreciation
At 1 December 2014 58,229
Charge for the year 2,596
At 30 November 2015 60,825
Net book value
At 30 November 2015 4,399
At 30 November 2014 2,228
3 Share capital Nominal 2015 2015 2014
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
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