React Support Services Limited

Audited Financial Statements for the Year Ended 31 December 2024

DIRECTORS:

A P Donnelly

B Donnelly

A J Richards

H M Osborne

E Morgan

M Clement

REGISTERED OFFICE:

3 Oldfield Road

Bocam Park

Bridgend

CF35 5LJ

REGISTERED NUMBER:

06841337 (England and Wales)

SENIOR STATUTORY
AUDITOR:

Andrew Lloyd Miller FCA

AUDITORS:

BPU Limited

Chartered Accountants

Statutory Auditor

Radnor House

Greenwood Close

Cardiff Gate Business Park

Cardiff

CF23 8AA

FIXED ASSETS

Tangible assets

3

3,609,736

3,000,984

CURRENT ASSETS

Stocks

1,073

3,397

Debtors

4

1,165,432

1,078,754

Cash at bank and in hand

892,351

382,258

2,058,856

1,464,409

CREDITORS

Amounts falling due within one year

5

656,665

734,168

NET CURRENT ASSETS

1,402,191

730,241

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,011,927

3,731,225

CREDITORS

Amounts falling due after more than
one year

6

(1,670,483

)

(1,030,384

)

DEFERRED TAX

(255,000

)

(161,300

)

NET ASSETS

3,086,444

2,539,541

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

458,538

255,062

Retained earnings

2,627,806

2,284,379

SHAREHOLDERS' FUNDS

3,086,444

2,539,541

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

A J Richards - Director

1.	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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced sales of specialist residential care services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% straight line

Leasehold property

-

2% straight line

Improvements to property

-

10% straight line

Furniture, fixtures & fittings

-

25% reducing balance

Motor vehicles

-

25% straight line

Computer equipment

-

33% straight line

Freehold property is shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in other comprehensive income.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Pension costs

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 114 (2023 - 107 ) .

3.	TANGIBLE FIXED ASSETS

Improvements

Freehold

Leasehold

to

property

£

COST OR VALUATION

At 1 January 2024

925,000

802,581

1,861,551

Additions

274,906

1,951

263,376

Revaluations

175,000

-

At 31 December 2024

1,374,906

804,532

2,124,927

DEPRECIATION

At 1 January 2024

92,500

16,052

547,850

Charge for year

18,500

16,091

182,320

Revaluation adjustments

(54,000

)

-

At 31 December 2024

57,000

32,143

730,170

NET BOOK VALUE

At 31 December 2024

1,317,906

772,389

1,394,757

At 31 December 2023

832,500

786,529

1,313,701

Furniture,

fixtures

Motor

Computer

& fittings

vehicles

equipment

Totals

£

COST OR VALUATION

At 1 January 2024

188,705

-

143,149

3,920,986

Additions

23,434

65,650

7,280

636,597

Revaluations

-

175,000

At 31 December 2024

212,139

65,650

150,429

4,732,583

DEPRECIATION

At 1 January 2024

162,459

-

101,141

920,002

Charge for year

13,080

6,565

20,289

256,845

Revaluation adjustments

-

(54,000

)

At 31 December 2024

175,539

6,565

121,430

1,122,847

NET BOOK VALUE

At 31 December 2024

36,600

59,085

28,999

3,609,736

At 31 December 2023

26,246

-

42,008

3,000,984

Cost or valuation at 31 December 2024 is represented by:

Improvements

Freehold

Leasehold

to

property

£

Valuation in 2018

284,020

-

Valuation in 2024

175,000

-

Cost

915,886

804,532

2,124,927

1,374,906

804,532

2,124,927

Furniture,

fixtures

Motor

Computer

& fittings

vehicles

equipment

Totals

£

Valuation in 2018

-

284,020

Valuation in 2024

-

175,000

Cost

212,139

65,650

150,429

4,273,563

212,139

65,650

150,429

4,732,583

The freehold property was valued on an open market basis by RJ Chartered Surveyors, a RICS member, on 18 July 2025.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

(Unaudited)

£

Trade debtors

66,802

120,739

Other debtors & prepayments

1,098,630

958,015

1,165,432

1,078,754

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

(Unaudited)

£

Bank loan

161,021

184,223

Hire purchase contracts

10,080

-

Trade creditors

53,956

83,719

Taxes & social security costs

222,219

319,665

Other creditors & accruals

209,389

146,561

656,665

734,168

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

2024

2023

(Unaudited)

£

Bank loans

1,634,363

1,030,384

Hire purchase contracts

36,120

-

1,670,483

1,030,384

7.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

(Unaudited)

£

Bank loans

1,795,384

1,214,607

Hire purchase contracts

46,200

-

1,841,584

1,214,607

Bank loans are secured by fixed and floating charges over the company's assets.

The hire purchase contracts are secured over the assets to which they relate.

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

The prior year figures are unaudited.

Andrew Lloyd Miller FCA (Senior Statutory Auditor)

for and on behalf of BPU Limited

9.	OTHER FINANCIAL COMMITMENTS

There is a cross company guarantee between this company and it's fellow group company Liberty Independent Living Limited.