Safe Installations London Limited Accounts

SAFE INSTALLATIONS LONDON LIMITED - Company Information






	Safe Installations London Limited
	Company No. 10582424
	Information for Filing with The Registrar
	31 December 2021

at	31 December 2021
Company No.		10582424	Notes	2021	2020
				£	£
Fixed assets

	Tangible assets		4	1,994	2,963


				1,994	2,963
Current assets

	Debtors		5	1,105	-

	Cash at bank and in hand			25,301	28,694
				26,406	28,694
Creditors: Amount falling due within one year			6	(15,573)	(14,644)
Net current assets				10,833	14,050
Total assets less current liabilities				12,827	17,013
Creditors: Amounts falling due after more than one year			7	(12,540)	(16,720)



Net assets				287	293

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		8	187	193

Total equity				287	293



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 December 2021
And signed on its behalf by:
M. Trace
Director
31 December 2021

for the year ended 31 December 2021

General information

Its registered number is: 10582424

Its registered office is:

83 Fairlane Drive

South Ockendon

Essex

RM15 5FA

The functional and presentational currency of the company is Sterling . The monetary amounts in the accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

Accounting policies

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

14.28% Straight Line

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Financial instruments

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic financial instruments measured at fair value.

3	Employees
			2021	2020
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 January 2021	6,783	6,783




		At 31 December 2021	6,783	6,783
		Depreciation
		At 1 January 2021	3,820	3,820
		Charge for the year	969	969



		At 31 December 2021	4,789	4,789
		Net book values
		At 31 December 2021	1,994	1,994
		At 31 December 2020	2,963	2,963

5	Debtors
			2021	2020
			£	£





		Loans to directors	1,105	-


			1,105	-

6	Creditors amounts falling due within one year:
			2021	2020
			£	£

		Bank loans and overdrafts	4,180	2,280




		Corporation tax	3,745	5,515
		Other taxes and social security	6,273	1,462
		Loans from directors	-	4,887

		Accruals and deferred income	1,375	500
			15,573	14,644

7	Creditors amounts falling due after more than one year:
			2021	2020
			£	£

		Bank loans and overdrafts	12,540	16,720






			12,540	16,720

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

9	Dividends
			2021	2020
			£	£
		Dividends for the period:
		Dividends paid in the period	15,000	35,500

			15,000	35,500

		Dividends by type:

		Equity dividends	15,000	35,500
			15,000	35,500

Related party disclosures

At the balance sheet date £1,105 was owed to the company by the Director.

Controlling party

Immediate controlling party

No single party controls the company