ASSISTED LIVING PROJECT LIMITED

Company Registration Number:
14708525 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 6 March 2023

End date: 31 March 2024

ASSISTED LIVING PROJECT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes

ASSISTED LIVING PROJECT LIMITED

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

The Company is dedicated to providing high-quality assisted living accommodations for individuals with enduring illnesses across the UK. We collaborate with housing associations and Community Benefit Societies (CBS) to offer purpose-built housing solutions. Our mission is to enhance the quality of life for vulnerable individuals by ensuring they have a safe, comfortable, and supportive living environment.

Political and charitable donations

During the year the company has made no political contributions.

Additional information

SMALL COMPANY PROVISIONS This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.



Directors

The directors shown below have held office during the period of
31 July 2023 to 31 March 2024

Stephen Laszlo
Duncan Bannatyne


The director shown below has held office during the whole of the period from
6 March 2023 to 31 March 2024

Thomas Williams


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 February 2025

And signed on behalf of the board by:
Name: Thomas Williams
Status: Director

ASSISTED LIVING PROJECT LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

13 months to 31 March 2024


£
Turnover: 0
Cost of sales: 0
Gross profit(or loss): 0
Administrative expenses: ( 541,120 )
Operating profit(or loss): (541,120)
Profit(or loss) before tax: (541,120)
Profit(or loss) for the financial year: (541,120)

ASSISTED LIVING PROJECT LIMITED

Balance sheet

As at 31 March 2024

Notes 13 months to 31 March 2024


£
Current assets
Cash at bank and in hand: 1,039,066
Total current assets: 1,039,066
Net current assets (liabilities): 1,039,066
Total assets less current liabilities: 1,039,066
Total net assets (liabilities): 1,039,066
Capital and reserves
Called up share capital: 22,962
Share premium account: 1,557,224
Profit and loss account: (541,120 )
Total Shareholders' funds: 1,039,066

The notes form part of these financial statements

ASSISTED LIVING PROJECT LIMITED

Balance sheet statements

For the year ending 31 March 2024 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 February 2025
and signed on behalf of the board by:

Name: Thomas Williams
Status: Director

The notes form part of these financial statements

ASSISTED LIVING PROJECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover represents amounts of rent invoiced during the year, exclusive of Value Added Tax and trade discounts, from leased properties.

    Other accounting policies

    CURRENT TAX Current tax is recognised in the profit and loss account, except to the extent that it is attributable to a gain or loss that has been recognised directly in the statement of total recognised gains or losses. In this case, tax is recognised in this statement. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. DEFERRED TAX Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the Statement of Financial Position date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the Statement of Financial Position date. FINANCIAL INSTRUMENTS Financial instruments are classified and accounted for according to the substance of contractual arrangements, as either financial assets, financial liabilities or equity instruments.

ASSISTED LIVING PROJECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    13 months to 31 March 2024
    Average number of employees during the period 1