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Company Registration No. 08905960 (England and Wales)
REGIONAL FOSTERING SERVICES LTD Unaudited accounts for the year ended 31 March 2024
REGIONAL FOSTERING SERVICES LTD Unaudited accounts Contents
Page
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REGIONAL FOSTERING SERVICES LTD Company Information for the year ended 31 March 2024
Directors
Faraz Hassan Agha Dermot Weir
Secretary
Naima Batool Agha
Company Number
08905960 (England and Wales)
Registered Office
REGIONAL FOSTERING SERVICES The Atrium 1 Harefield Road Uxbridge MIDDX UB8 1EX ENGLAND
Accountants
Ahmad Brooke and co Ltd 66C Askew Road London W12 9BJ
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REGIONAL FOSTERING SERVICES LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
968 
Tangible assets
70,423 
72,896 
70,423 
73,864 
Current assets
Debtors
631,682 
781,921 
Cash at bank and in hand
2,831,742 
2,558,217 
3,463,424 
3,340,138 
Creditors: amounts falling due within one year
(379,818)
(376,687)
Net current assets
3,083,606 
2,963,451 
Total assets less current liabilities
3,154,029 
3,037,315 
Creditors: amounts falling due after more than one year
(78,061)
(94,816)
Net assets
3,075,968 
2,942,499 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
3,075,966 
2,942,497 
Shareholders' funds
3,075,968 
2,942,499 
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by
Faraz Hassan Agha Director Company Registration No. 08905960
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REGIONAL FOSTERING SERVICES LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
REGIONAL FOSTERING SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 08905960. The registered office is REGIONAL FOSTERING SERVICES, The Atrium 1 Harefield Road , Uxbridge , MIDDX, UB8 1EX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15%
Computer equipment
20%
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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REGIONAL FOSTERING SERVICES LTD Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
13,545 
At 31 March 2024
13,545 
Amortisation
At 1 April 2023
12,577 
Charge for the year
968 
At 31 March 2024
13,545 
Net book value
At 31 March 2024
- 
At 31 March 2023
968 
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
55,843 
110,771 
166,614 
Additions
- 
15,131 
15,131 
At 31 March 2024
55,843 
125,902 
181,745 
Depreciation
At 1 April 2023
31,699 
62,019 
93,718 
Charge for the year
4,828 
12,776 
17,604 
At 31 March 2024
36,527 
74,795 
111,322 
Net book value
At 31 March 2024
19,316 
51,107 
70,423 
At 31 March 2023
24,144 
48,752 
72,896 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
628,122 
774,380 
Accrued income and prepayments
3,560 
7,541 
631,682 
781,921 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
3,860 
Trade creditors
- 
9,100 
Taxes and social security
179,818 
163,727 
Accrued preference dividends
200,000 
200,000 
379,818 
376,687 
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REGIONAL FOSTERING SERVICES LTD Notes to the Accounts for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
78,061 
94,816 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
10
Average number of employees
During the year the average number of employees was 24 (2023: 24).
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