Senior Stairlifts Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 11872519

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		6,746		-
Tangible Assets	5		491,172		388,896

			497,918		388,896
CURRENT ASSETS
Stocks	6	65,191		43,600
Debtors	7	345,848		225,615
Cash at bank and in hand		43,241		70,538

		454,280		339,753
Creditors: Amounts Falling Due Within One Year	8	(445,013 )		(373,284 )

NET CURRENT ASSETS (LIABILITIES)			9,267		(33,531 )

TOTAL ASSETS LESS CURRENT LIABILITIES			507,185		355,365

Creditors: Amounts Falling Due After More Than One Year	9		(470,927 )		(336,033 )

NET ASSETS			36,258		19,332

CAPITAL AND RESERVES
Called up share capital	11		2		2
Profit and Loss Account			36,256		19,330

SHAREHOLDERS' FUNDS			36,258		19,332

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Senior Stairlifts Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Kieran Harris

Director

15/09/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Senior Stairlifts Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11872519 . The registered office is Zeal Court Moorfield Road Estate, Yeadon, Leeds, West Yorkshire, LS19 7BN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% Reducing balance
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	33% Straight Line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 17 (2024: 10)

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Senior Stairlifts Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	-
Additions	7,350

As at 31 March 2025	7,350

Amortisation
As at 1 April 2024	-
Provided during the period	604

As at 31 March 2025	604

Net Book Value
As at 31 March 2025	6,746

As at 1 April 2024	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	3,021	405,966	28,524	437,511
Additions	1,734	136,940	14,849	153,523

As at 31 March 2025	4,755	542,906	43,373	591,034

Depreciation
As at 1 April 2024	831	36,833	10,951	48,615
Provided during the period	363	42,648	8,236	51,247

As at 31 March 2025	1,194	79,481	19,187	99,862

Net Book Value
As at 31 March 2025	3,561	463,425	24,186	491,172

As at 1 April 2024	2,190	369,133	17,573	388,896

6. Stocks

	2025	2024
	£	£
Finished goods	65,191	43,600

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Senior Stairlifts Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	155,457	145,083
Prepayments and accrued income	26,524	3,578
Other debtors	19,559	2,410
VAT	38,023	45,448
Amounts owed by other participating interests	106,285	29,096

	345,848	225,615

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	89,005	64,937
Trade creditors	181,727	171,407
Bank loans and overdrafts	57,500	30,000
Other taxes and social security	89,331	40,483
Other creditors	11,717	63,104
Accruals and deferred income	15,118	2,842
Directors' loan accounts	615	511

	445,013	373,284

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	288,010	256,033
Bank loans	182,917	80,000

	470,927	336,033

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	89,005	64,937
Later than one year and not later than five years	288,010	256,033

	377,015	320,970

	377,015	320,970

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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Senior Stairlifts Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

12. Related Party Transactions

Senior Properties and Investments Limited

Under common control

As at the balance sheet date the amount owed by the related party was £99,276 (2024: £24,597)

Senior Motors Ltd

Under common control

As at the balance sheet date the amount owed by the related party was £6,997 (2024: £4,486)

Senior Estates Sourcing Ltd

Under common control

As at the balance sheet date the amount owed by the related party was £12 (2024: £12)

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