2024-01-01 2024-12-31 false Capium Accounts Production 1.1 12350166 2024-01-01 2024-12-31 12350166 bus:FullAccounts 2024-01-01 2024-12-31 12350166 bus:FRS102 2024-01-01 2024-12-31 12350166 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 12350166 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12350166 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12350166 2024-01-01 2024-12-31 12350166 2024-12-31 12350166 bus:RegisteredOffice 2024-01-01 2024-12-31 12350166 core:WithinOneYear 2024-12-31 12350166 core:AfterOneYear 2024-12-31 12350166 1 2024-01-01 2024-12-31 12350166 bus:Director1 2024-01-01 2024-12-31 12350166 bus:Director1 2024-12-31 12350166 bus:Director1 2023-01-01 2023-12-31 12350166 2023-01-01 12350166 bus:LeadAgentIfApplicable 2024-01-01 2024-12-31 12350166 2023-01-01 2023-12-31 12350166 2023-12-31 12350166 core:WithinOneYear 2023-12-31 12350166 core:AfterOneYear 2023-12-31 12350166 bus:EntityAccountantsOrAuditors 2023-01-01 2023-12-31 12350166 core:CostValuation core:Non-currentFinancialInstruments 2024-12-31 12350166 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 12350166 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-12-31 12350166 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 12350166 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 12350166 core:Non-currentFinancialInstruments 2024-12-31 12350166 core:Non-currentFinancialInstruments 2023-12-31 12350166 core:ShareCapital 2024-12-31 12350166 core:ShareCapital 2023-12-31 12350166 core:RetainedEarningsAccumulatedLosses 2024-12-31 12350166 core:RetainedEarningsAccumulatedLosses 2023-12-31 12350166 core:ShareCapitalOrdinaryShares 2024-01-01 12350166 core:ShareCapitalOrdinaryShares 2023-01-01 12350166 core:ShareCapitalOrdinaryShares 2024-01-01 2024-12-31 12350166 core:ShareCapitalOrdinaryShares 2023-01-01 2023-12-31 12350166 core:ShareCapitalOrdinaryShares 2024-12-31 12350166 core:ShareCapitalOrdinaryShares 2023-12-31 12350166 core:RetainedEarningsAccumulatedLosses 2024-01-01 12350166 core:RetainedEarningsAccumulatedLosses 2023-01-01 12350166 core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 12350166 core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 12350166 core:RetainedEarningsAccumulatedLosses 2024-12-31 12350166 core:RetainedEarningsAccumulatedLosses 2023-12-31 12350166 dpl:Item1 2024-01-01 12350166 dpl:Item1 2024-12-31 12350166 dpl:Item1 2023-01-01 12350166 dpl:Item1 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12350166


 

 

 

FIVE:14 SOCIAL WORK SERVICES LTD



Unaudited Financial Statements
 


Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

FIVE:14 SOCIAL WORK SERVICES LTD
Contents Page
For the year ended 31 December 2024
Director Olajumoke Christiana POKU
Registered Number 12350166
Registered Office 7 Leigh Road
Sittingbourne
ME10 3FF
Accountants SA Accountancy Practice
Equitable House
10 Woolwich New Road
London
SE186AB
1
Director's report and financial statements
The director presents his/her/their annual report and the financial statements for the year ended 31 December 2024.
Principal activities
Principal activity of the company during the financial year was of - Other social work activities without accommodation not elsewhere classified
Director
The director who served the company throughout the year was as follows:
Olajumoke Christiana POKU
Statement of director's responsibilities
The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

On behalf of the board.


----------------------------------
Olajumoke Christiana POKU
Director

Date approved: 27 September 2025
2
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 December 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
SA Accountancy Practice
31 December 2024



....................................................

SA Accountancy Practice
Equitable House
10 Woolwich New Road
London
SE186AB
27 September 2025
3
 
 		 Notes
 		 2024
£		   2023
£
Turnover 37,860    18,480 
Cost of sales (5,483)   (80)
Gross profit 32,377    18,400 
Administrative expenses (15,321)   (18,377)
Operating profit 17,056    23 
Other interest receivable and similar income -    11 
Interest payable and similar charges (6,456)   - 
Profit/(Loss) on ordinary activities before taxation 10,600    34 
Tax on profit on ordinary activities (233)   - 
Profit/(Loss) for the financial year 10,367    34 
 
4
 
 		 Notes
 		 2024
£		   2023
£
Current assets      
Debtors 5 3,507    11,955 
Cash at bank and in hand 44    3,192 
3,551    15,147 
Net current assets 3,551    15,147 
 
Total assets less current liabilities 3,551    15,147 
Creditors: amount falling due after more than one year 6 (28,218)   (39,232)
Net assets (24,667)   (24,085)
 

Capital and reserves 		     
Called up share capital 4    4 
Profit and loss account (24,671)   (24,089)
Shareholders' funds (24,667)   (24,085)
 


For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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 financial statements were approved by the director on 27 September 2025 and were signed by:


-------------------------------
Olajumoke Christiana POKU
Director
5
  Equity share capital   Retained Earnings   Total
£ £ £
At 01 January 2023 4  (18,773) (18,769)
Profit for the year 34  34 
Total comprehensive income for the year -  34  34 
Dividends (5,350) (5,350)
Total investments by and distributions to owners -  (5,350) (5,350)
At 31 December 2023 4  (24,089) (24,085)
At 01 January 2024 4  (24,089) (24,085)
Profit for the year 10,367  10,367 
Total comprehensive income for the year -  10,367  10,367 
Dividends (10,949) (10,949)
Total investments by and distributions to owners -  (10,949) (10,949)
At 31 December 2024 4  (24,671) (24,667)
6
General Information
FIVE:14 SOCIAL WORK SERVICES LTD is a private company, limited by shares, registered in , registration number 12350166, registration address 7 Leigh Road, Sittingbourne, ME10 3FF.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, 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:
2.

Directors' Emoluments

2024
£		   2023
£
Administrative Expenses
Directors Salaries 7,300    10,800 
7,300    10,800 

3.

Staff Costs

2024
£		   2023
£
Wages and salaries 9,052    13,720 
Other staff costs 137    720 
9,189    14,440 
 
Average number of employees during the year Number   Number
Administration 1    1 
1    1 

4.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).
5.

Debtors: amounts falling due within one year

2024
£		   2023
£
Trade Debtors 2,407    - 
Other Debtors 1,100    - 
Directors' Current Accounts -    11,955 
3,507    11,955 

6.

Creditors: amount falling due within one year

2024
£		   2023
£
-    - 

7.

Creditors: amount falling due after more than one year

2024
£		   2023
£
Bank Loans & Overdrafts (secured) 28,218    39,232 
28,218    39,232 

7