2023-10-01 08198266 2024-09-30 08198266 2023-10-01 2024-09-30 08198266 2023-09-30 08198266 2022-10-01 2023-09-30 08198266 uk-core:WithinOneYear 2023-09-30 08198266 uk-core:WithinOneYear 2024-09-30 08198266 uk-core:AfterOneYear 2023-09-30 08198266 uk-core:AfterOneYear 2024-09-30 08198266 uk-core:ShareCapital 2024-09-30 08198266 uk-core:ShareCapital 2023-09-30 08198266 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 08198266 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 08198266 uk-bus:Director1 2023-10-01 2024-09-30 08198266 uk-core:VehiclesPlantMachinery 2023-10-01 2024-09-30 08198266 uk-core:CommercialMotorVehicles 2023-10-01 2024-09-30 08198266 uk-core:FurnitureFittings 2023-10-01 2024-09-30 08198266 uk-core:ComputerSoftware 2023-09-30 08198266 uk-core:ComputerSoftware 2023-10-01 2024-09-30 08198266 uk-core:ComputerSoftware 2024-09-30 08198266 uk-core:FurnitureFittings 2023-09-30 08198266 uk-core:CommercialMotorVehicles 2023-09-30 08198266 uk-core:VehiclesPlantMachinery 2023-09-30 08198266 uk-core:VehiclesPlantMachinery 2024-09-30 08198266 uk-core:CommercialMotorVehicles 2024-09-30 08198266 uk-core:FurnitureFittings 2024-09-30 08198266 uk-core:BetweenTwoFiveYears 2023-09-30 08198266 uk-core:BetweenTwoFiveYears 2024-09-30 iso4217:GBP xbrli:pure 08198266 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 08198266 uk-bus:FRS102 2023-10-01 2024-09-30 08198266 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 08198266 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
Supports Direct Limited
Registered Number:08198266
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2024
Supports Direct Limited
Contents Page
1
Statement of Financial Position
2 to 7
Notes to the Financial Statements
3
Registered Number :
08198266
As at 30 September 2024
Supports Direct Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
1,645
1,976
3
Property, plant and equipment
31,125
32,042
4
5
-
69,999
Investment property
32,770
104,017
Current assets
Inventories
29,428
36,049
6
Trade and other receivables
169,340
71,470
7
12,985
Cash and cash equivalents
4,058
111,577
211,753
Trade and other payables: amounts falling due within one
year
(117,626)
(93,720)
8
94,127
17,857
Net current assets
Total assets less current liabilities
50,627
198,144
Trade and other payables: amounts falling due after more
than one year
(44,925)
(16,581)
9
(5,914)
(8,010)
Provisions for liabilities
28,132
Net assets
145,209
Capital and reserves
Called up share capital
100
100
Retained earnings
28,032
145,109
28,132
145,209
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
1 of 7
4
Registered Number :
08198266
For the year ended 30 September 2024
Supports Direct Limited
Statement of Financial Position Continued
D Prew Director
These financial statements were approved and authorised for issue by the Board on 30 May 2025 and were signed by:
The notes form part of these financial statements
2 of 7
5
For the year ended 30 September 2024
Supports Direct Limited
Notes to the Financial Statements
Statutory Information
Supports Direct Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08198266.
Registered address:
Unit 1 Encon Court, Owl Close
Moulton Park Industrial Estate
Northampton
England
NN3 6HZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Intangible assets
Trade marks are written off over evenly over their expected useful life of five years. Computer software is written off over its expected useful life at the rate of twenty five per cent on their written down value.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures and fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
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.
3 of 7
6
For the year ended 30 September 2024
Supports Direct Limited
Notes to the Financial Statements Continued
Financial Instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the
contractual provisions of the instrument.
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction
price.
Basic financial liabilities
Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing
transaction, where the debt instrument is measured at the present value of the future payments discounted at a
market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Equity Instruments
Equity instruments issued by the company are recorded at the proceeds received. Dividends payable on equity
instruments are recognised as liabilities once they are no longer at the discretion of the company.
3. Intangible fixed assets
Other
Intangible
Assets
Cost or valuation
£
At 01 October 2023
13,867
Additions
200
At 30 September 2024
14,067
Amortisation
At 01 October 2023
11,891
531
Charge for year
At 30 September 2024
12,422
Net book value
At 30 September 2024
1,645
At 30 September 2023
1,976
4 of 7
7
For the year ended 30 September 2024
Supports Direct Limited
Notes to the Financial Statements Continued
4. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 October 2023
92,822
49,350
30,624
12,848
9,458
9,458
-
-
Additions
At 30 September 2024
12,848
30,624
58,808
102,280
Provision for depreciation and impairment
At 01 October 2023
60,780
38,340
13,398
9,042
Charge for year
10,375
5,117
4,307
951
At 30 September 2024
71,155
43,457
17,705
9,993
At 30 September 2024
Net book value
2,855
12,919
15,351
31,125
At 30 September 2023
3,806
17,226
11,010
32,042
5. Investment property
Total
£
Fair value
At 01 October 2023
69,999
Disposals
(69,999)
At 30 September 2024
-
Net book value
At 30 September 2024
-
At 30 September 2023
69,999
6. Inventories
2023
2024
£
£
Stocks
36,049
29,428
5 of 7
8
For the year ended 30 September 2024
Supports Direct Limited
Notes to the Financial Statements Continued
7. Trade and other receivables
2023
2024
£
£
Trade debtors
10,713
9,503
Amounts owed by group undertakings and participating interests
44,071
146,571
Prepayments and accrued income
10,936
9,407
Other debtors
5,750
3,859
169,340
71,470
8. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
23,041
10,627
Taxation and social security
27,598
41,177
Accruals and deferred income
4,807
5,740
Directors' loan accounts
892
106
Other creditors
37,382
59,976
93,720
117,626
9. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
16,581
44,925
6 of 7
9
For the year ended 30 September 2024
Supports Direct Limited
Notes to the Financial Statements Continued
10. Guarantees and other financial commitments
Capital commitments
Future capital expenditure approved by the directors but not provided for in these financial statements is as follows:
2023
£
2024
£
133,992
-
Contracted
-
133,992
Lease commitments
At 30 September 2024 the company had annual commitments under non-cancellable operating leases as set out
below:
2023
£
2024
£
Operating leases which expire:
20,000
20
Within 2 to 5 years
20
20,000
11. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
12. Parent-subsidiary relationship
The parent company is Prewco Limited whose registered office is Unit 1 Encon Court, Owl Close, Moulton Park Industrial Estate, Northampton NN3 6HZ and is registered in the United Kingdom. The parent company's principal place of business is Unit 1 Encon Court, Owl Close, Moulton Park Industrial Estate, Northampton NN3 6HZ.
7 of 7