ALP Supported Living Services Limited 05412933 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is the running of retirement homes Digita Accounts Production Advanced 6.30.9574.0 true true 05412933 2023-05-01 2024-04-30 05412933 2024-04-30 05412933 core:RetainedEarningsAccumulatedLosses 2024-04-30 05412933 core:ShareCapital 2024-04-30 05412933 core:CurrentFinancialInstruments 2024-04-30 05412933 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 05412933 core:Goodwill 2024-04-30 05412933 core:FurnitureFittingsToolsEquipment 2024-04-30 05412933 core:MotorVehicles 2024-04-30 05412933 bus:SmallEntities 2023-05-01 2024-04-30 05412933 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 05412933 bus:FilletedAccounts 2023-05-01 2024-04-30 05412933 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 05412933 bus:RegisteredOffice 2023-05-01 2024-04-30 05412933 bus:CompanySecretaryDirector1 2023-05-01 2024-04-30 05412933 bus:Director2 2023-05-01 2024-04-30 05412933 bus:Director3 2023-05-01 2024-04-30 05412933 bus:Director4 2023-05-01 2024-04-30 05412933 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05412933 core:Goodwill 2023-05-01 2024-04-30 05412933 core:NetGoodwill 2023-05-01 2024-04-30 05412933 core:ComputerEquipment 2023-05-01 2024-04-30 05412933 core:FurnitureFittings 2023-05-01 2024-04-30 05412933 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 05412933 core:MotorVehicles 2023-05-01 2024-04-30 05412933 countries:EnglandWales 2023-05-01 2024-04-30 05412933 2023-04-30 05412933 core:Goodwill 2023-04-30 05412933 core:FurnitureFittingsToolsEquipment 2023-04-30 05412933 core:MotorVehicles 2023-04-30 05412933 2022-05-01 2023-04-30 05412933 2023-04-30 05412933 core:RetainedEarningsAccumulatedLosses 2023-04-30 05412933 core:ShareCapital 2023-04-30 05412933 core:CurrentFinancialInstruments 2023-04-30 05412933 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 05412933 core:Goodwill 2023-04-30 05412933 core:FurnitureFittingsToolsEquipment 2023-04-30 05412933 core:MotorVehicles 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 05412933

ALP Supported Living Services Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2024

 

ALP Supported Living Services Limited

Contents




 

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

ALP Supported Living Services Limited

Company Information




 

Directors




 

Miss A T Bayliss

Miss L P Bayliss

Mr M T Bayliss

Mrs P M Bayliss

Company secretary

 

Miss A T Bayliss

Registered office





 

8 Coed Cae
Rassau
Ebbw Vale
Gwent
NP23 5TP

Accountants

Everett King
Chartered Certified Accountants
4 Kings Court
Little King Street
BRISTOL
BS1 4HW

 

ALP Supported Living Services Limited

(Registration number: 05412933)
Balance Sheet as at 30 April 2024

Note

2024

2023

   

£

£

£

£

FIXED ASSETS

   

 

Intangible assets

4

 

4,500

 

9,000

Tangible assets

5

 

11,530

 

5,485

   

16,030

 

14,485

Current assets

   

 

Stocks

250

 

250

 

Debtors

6

192,509

 

199,717

 

Cash at bank and in hand

 

412,170

 

276,262

 

 

604,929

 

476,229

 

CREDITORS: Amounts falling due within one year

7

(96,680)

 

(77,270)

 

Net current assets

   

508,249

 

398,959

Net assets

   

524,279

 

413,444

Capital and reserves

   

 

Called up share capital

104

 

104

 

Retained earnings

524,175

 

413,340

 

Shareholders' funds

   

524,279

 

413,444

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

ALP Supported Living Services Limited

(Registration number: 05412933)
Balance Sheet as at 30 April 2024

Approved and authorised by the Board on 20 January 2025 and signed on its behalf by:
 

.........................................
Miss A T Bayliss
Company secretary and director

 

ALP Supported Living Services Limited

Notes to the Unaudited Financial Statements

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
8 Coed Cae
Rassau
Ebbw Vale
Gwent
NP23 5TP

These financial statements were authorised for issue by the Board on 20 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

ALP Supported Living Services Limited

Notes to the Unaudited Financial Statements

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures & fittings

25% reducing balance

Motor vehicles

25% reducing balance

Computer equipment

25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

Over 20 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

ALP Supported Living Services Limited

Notes to the Unaudited Financial Statements

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

ALP Supported Living Services Limited

Notes to the Unaudited Financial Statements

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 35 (2023 - 37).

 

ALP Supported Living Services Limited

Notes to the Unaudited Financial Statements

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 May 2023

90,000

90,000

At 30 April 2024

90,000

90,000

Amortisation

At 1 May 2023

81,000

81,000

Amortisation charge

4,500

4,500

At 30 April 2024

85,500

85,500

Carrying amount

At 30 April 2024

4,500

4,500

At 30 April 2023

9,000

9,000

5

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 May 2023

12,024

2,000

14,024

Additions

378

10,000

10,378

Disposals

(3,428)

-

(3,428)

At 30 April 2024

8,974

12,000

20,974

Depreciation

At 1 May 2023

6,806

1,733

8,539

Charge for the year

1,274

2,567

3,841

Eliminated on disposal

(2,936)

-

(2,936)

At 30 April 2024

5,144

4,300

9,444

Carrying amount

At 30 April 2024

3,830

7,700

11,530

At 30 April 2023

5,218

267

5,485

 

ALP Supported Living Services Limited

Notes to the Unaudited Financial Statements

6

Debtors

Note

2024
£

2023
£

Amounts owed by group undertakings and undertakings in which the company has a participating interest

185,619

197,557

Prepayments

 

6,890

2,160

 

192,509

199,717

7

CREDITORS

CREDITORS: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

887

-

Taxation and social security

 

92,412

71,416

Accruals and deferred income

 

3,296

2,383

Other creditors

 

85

3,471

 

96,680

77,270

8

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Bank overdrafts

887

-