Company Registration Number 02374369 (England and Wales)
SAFETY MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2019
PAGES FOR FILING WITH REGISTRAR
SAFETY MANAGEMENT LIMITED
BALANCE SHEET
AS AT
30 JUNE 2019
30 June 2019
- 1 -
2019
2018
£
£
£
£
Fixed assets
50,535
70,138
Current assets
189,730
172,863
Prepayments and accrued income
-
2,736
Creditors: amounts falling due within one year
(159,427)
(156,416)
Net current assets
30,303
19,183
Total assets less current liabilities
80,838
89,321
Accruals and deferred income
(18,047)
(31,001)
Net assets
62,791
58,320
Capital and reserves
62,791
58,320
Notes to the financial statements
Directors' benefits: advances, credit and guarantees
Advances to directors
The loan balance for Director 1 at the start of the year was £0. During the year £450 was advanced to the director. The balance at the end of the year was £450.
The loan balance for Director 2 at the start of the year was £0. During the year £450 was advanced to the director. The balance at the end of the year was £450.
No interest has been charged on the loans and there are no fixed repayment terms.
2
Financial commitments, guarantees and contingencies
The company made the following capital commitments and contingencies:
Operating Lease Commitments
At the reporting date the company had outstanding commitments for future minimum lease payments under non
-
cancellable operating leases of £
154,375
(2018 - £6,000).
3
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2019
2018
Number
Number
Employees
10
8
SAFETY MANAGEMENT LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2019
30 June 2019
- 2 -
Safety Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is 8 Cottesbrooke Park, Heartlands Business Park, DAVENTRY, Northants, NN11 8YL.
For the year ended 30 June 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 25 September 2019 and are signed on its behalf by:
Ms L Moxham
Director
Company Registration Number 02374369