IRIS Accounts Production v24.3.2.46 06967390 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069673902023-07-31069673902024-07-31069673902023-08-012024-07-31069673902022-07-31069673902022-08-012023-07-31069673902023-07-3106967390ns15:EnglandWales2023-08-012024-07-3106967390ns14:PoundSterling2023-08-012024-07-3106967390ns10:Director12023-08-012024-07-3106967390ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3106967390ns10:SmallEntities2023-08-012024-07-3106967390ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3106967390ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3106967390ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3106967390ns10:FullAccounts2023-08-012024-07-3106967390ns10:Director22023-08-012024-07-3106967390ns10:RegisteredOffice2023-08-012024-07-3106967390ns5:CurrentFinancialInstruments2024-07-3106967390ns5:CurrentFinancialInstruments2023-07-3106967390ns5:ShareCapital2024-07-3106967390ns5:ShareCapital2023-07-3106967390ns5:RetainedEarningsAccumulatedLosses2024-07-3106967390ns5:RetainedEarningsAccumulatedLosses2023-07-3106967390ns5:PlantMachinery2023-08-012024-07-3106967390ns5:FurnitureFittings2023-08-012024-07-3106967390ns5:ComputerEquipment2023-08-012024-07-3106967390ns5:PlantMachinery2023-07-3106967390ns5:FurnitureFittings2023-07-3106967390ns5:ComputerEquipment2023-07-3106967390ns5:PlantMachinery2024-07-3106967390ns5:FurnitureFittings2024-07-3106967390ns5:ComputerEquipment2024-07-3106967390ns5:PlantMachinery2023-07-3106967390ns5:FurnitureFittings2023-07-3106967390ns5:ComputerEquipment2023-07-3106967390ns5:CostValuation2023-07-3106967390ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3106967390ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3106967390ns5:Non-currentFinancialInstruments2024-07-3106967390ns5:Non-currentFinancialInstruments2023-07-31
REGISTERED NUMBER: 06967390 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

SUPPORTPLAN LTD

SUPPORTPLAN LTD (REGISTERED NUMBER: 06967390)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SUPPORTPLAN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: L A W Beecheno
A Beecheno





REGISTERED OFFICE: Unit 17
83 Crampton Street
London
SE17 3BQ





REGISTERED NUMBER: 06967390 (England and Wales)





ACCOUNTANTS: Sophic Finance Ltd
Chartered Accountants
Little Coombe
Longfield Road
Dorking
Surrey
RH4 3DE

SUPPORTPLAN LTD (REGISTERED NUMBER: 06967390)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,161 86,220
Investments 5 1 1
48,162 86,221

CURRENT ASSETS
Debtors 6 1,119,810 1,317,726
Cash at bank and in hand 379,995 201,332
1,499,805 1,519,058
CREDITORS
Amounts falling due within one year 7 412,439 434,434
NET CURRENT ASSETS 1,087,366 1,084,624
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,135,528

1,170,845

PROVISIONS FOR LIABILITIES 12,040 16,382
NET ASSETS 1,123,488 1,154,463

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,123,388 1,154,363
SHAREHOLDERS' FUNDS 1,123,488 1,154,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SUPPORTPLAN LTD (REGISTERED NUMBER: 06967390)

BALANCE SHEET - continued
31 JULY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2025 and were signed on its behalf by:





L A W Beecheno - Director


SUPPORTPLAN LTD (REGISTERED NUMBER: 06967390)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Supportplan Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - Straight line over 3 years
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

SUPPORTPLAN LTD (REGISTERED NUMBER: 06967390)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 August 2023 226,676 9,129 63,476 299,281
Additions 6,375 - 6,142 12,517
Disposals (76,431 ) - - (76,431 )
At 31 July 2024 156,620 9,129 69,618 235,367
DEPRECIATION
At 1 August 2023 144,621 8,044 60,396 213,061
Charge for year 46,126 217 4,233 50,576
Eliminated on disposal (76,431 ) - - (76,431 )
At 31 July 2024 114,316 8,261 64,629 187,206
NET BOOK VALUE
At 31 July 2024 42,304 868 4,989 48,161
At 31 July 2023 82,055 1,085 3,080 86,220

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 August 2023
and 31 July 2024 1
NET BOOK VALUE
At 31 July 2024 1
At 31 July 2023 1

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 34,301 77,135
Other debtors 35,509 40,591
69,810 117,726

Amounts falling due after more than one year:
Amounts owed by group undertakings 1,050,000 1,200,000

Aggregate amounts 1,119,810 1,317,726

SUPPORTPLAN LTD (REGISTERED NUMBER: 06967390)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 77,874 197,290
Taxation and social security 202,102 103,261
Other creditors 132,463 133,883
412,439 434,434

8. RELATED PARTY DISCLOSURES

On 28th April 2022, Supportplan Ltd completed the sale of all ordinary shares to the Supportplan Employee Ownership Trust (EOT), resulting in all the existing shareholders selling 100% of their respective shareholdings to the EOT with deferred payments being agreed.

During the year to 31st July 2024, voluntary contributions of £390,000 were made to the EOT (2023: £840,000)

A loan of £1.05m was outstanding from the EOT at 31st July 2024 (2023: £1.2m)

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is The Supportplan Employee Ownership Trust.