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REGISTERED NUMBER: 10033485 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

ASSISTIVE GROUP LIMITED

ASSISTIVE GROUP LIMITED (REGISTERED NUMBER: 10033485)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASSISTIVE GROUP LIMITED

COMPANY INFORMATION
for the Year Ended 28 February 2025







DIRECTORS: I J Richmond
Mrs H Richmond





REGISTERED OFFICE: Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF





REGISTERED NUMBER: 10033485 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

ASSISTIVE GROUP LIMITED (REGISTERED NUMBER: 10033485)

BALANCE SHEET
28 February 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 280,117 194,685

CURRENT ASSETS
Stocks 285,115 249,101
Debtors 5 59,893 24,279
Cash at bank and in hand 60,771 186,883
405,779 460,263
CREDITORS
Amounts falling due within one year 6 393,297 273,448
NET CURRENT ASSETS 12,482 186,815
TOTAL ASSETS LESS CURRENT
LIABILITIES

292,599

381,500

CREDITORS
Amounts falling due after more than one year 7 (79,049 ) (104,774 )

PROVISIONS FOR LIABILITIES (61,855 ) (46,738 )
NET ASSETS 151,695 229,988

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 151,594 229,887
SHAREHOLDERS' FUNDS 151,695 229,988

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

ASSISTIVE GROUP LIMITED (REGISTERED NUMBER: 10033485)

BALANCE SHEET - continued
28 February 2025


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 6 June 2025 and were signed on its behalf by:





I J Richmond - Director


ASSISTIVE GROUP LIMITED (REGISTERED NUMBER: 10033485)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2025


1. STATUTORY INFORMATION

Assistive Group Limited is a private company limited by shares and incorporated and domiciled in England. It has its registered office and principal place of business at 32 Witham, Hull HU9 1BY.

The principal activity of the company is the retail of mobility products.

The presentational currency of the financial statements is Pound Sterling (£).

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Turnover
Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

Turnover from the sale of goods is recognised at the point of sale.

Sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

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 etc - 33.3% on cost, 25% on a reducing balance basis and 20% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stock is calculated on the first in first out basis.


ASSISTIVE GROUP LIMITED (REGISTERED NUMBER: 10033485)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2025


2. ACCOUNTING POLICIES - continued
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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 14 (2024 - 12 ) .

ASSISTIVE GROUP LIMITED (REGISTERED NUMBER: 10033485)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2025


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 268,159
Additions 137,066
At 28 February 2025 405,225
DEPRECIATION
At 1 March 2024 73,474
Charge for year 51,634
At 28 February 2025 125,108
NET BOOK VALUE
At 28 February 2025 280,117
At 29 February 2024 194,685

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 59,893 24,279

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 65,202 10,648
Hire purchase contracts 34,324 31,356
Trade creditors 140,855 33,948
Taxation and social security 20,218 81,795
Other creditors 132,698 115,701
393,297 273,448

ASSISTIVE GROUP LIMITED (REGISTERED NUMBER: 10033485)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2025


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 1,203 11,852
Hire purchase contracts 77,846 92,922
79,049 104,774