Abbreviated Company Accounts - SAFE ENTERPRISES LIMITED

SAFE ENTERPRISES LIMITED - Company Information

06509273 SAFE ENTERPRISES LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 06509273 2015-04-01 2016-03-31 06509273 2016-03-31 06509273 2015-03-31 06509273 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06509273 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 06509273

SAFE ENTERPRISES LIMITED

Abbreviated Accounts

31 March 2016

SAFE ENTERPRISES LIMITED Registered Number 06509273

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	3,416	2,911
		3,416	2,911
Current assets
Stocks		541	595
Cash at bank and in hand		13,110	17,428
		13,651	18,023
Creditors: amounts falling due within one year		(10,778)	(13,797)
Net current assets (liabilities)		2,873	4,226
Total assets less current liabilities		6,289	7,137
Total net assets (liabilities)		6,289	7,137
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		5,289	6,137
Shareholders' funds		6,289	7,137

For the year ending 31 March 2016 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 20 May 2016

And signed on their behalf by:
A Pavlaki, Director

SAFE ENTERPRISES LIMITED Registered Number 06509273

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% reducing balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 April 2015	7,402
Additions	1,643
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	9,045
Depreciation
At 1 April 2015	4,491
Charge for the year	1,138
On disposals	-
At 31 March 2016	5,629
Net book values
At 31 March 2016	3,416
At 31 March 2015	2,911

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000