IRIS Accounts Production v25.2.0.378 13907585 Board of Directors Board of Directors 1.8.23 31.7.24 31.7.24 false true false false false true false Ordinary share 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13907585 2023-07-31 13907585 2024-07-31 13907585 2023-08-01 2024-07-31 13907585 2022-02-09 13907585 2022-02-10 2023-07-31 13907585 2023-07-31 13907585 ns15:EnglandWales 2023-08-01 2024-07-31 13907585 ns14:PoundSterling 2023-08-01 2024-07-31 13907585 ns10:Director1 2023-08-01 2024-07-31 13907585 ns10:Director2 2023-08-01 2024-07-31 13907585 ns10:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 13907585 ns10:SmallEntities 2023-08-01 2024-07-31 13907585 ns10:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 13907585 ns10:SmallCompaniesRegimeForDirectorsReport 2023-08-01 2024-07-31 13907585 ns10:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 13907585 ns10:FullAccounts 2023-08-01 2024-07-31 13907585 1 2023-08-01 2024-07-31 13907585 ns10:OrdinaryShareClass1 2023-08-01 2024-07-31 13907585 ns10:RegisteredOffice 2023-08-01 2024-07-31 13907585 ns5:CurrentFinancialInstruments 2024-07-31 13907585 ns5:CurrentFinancialInstruments 2023-07-31 13907585 ns5:Non-currentFinancialInstruments 2024-07-31 13907585 ns5:Non-currentFinancialInstruments 2023-07-31 13907585 ns5:ShareCapital 2024-07-31 13907585 ns5:ShareCapital 2023-07-31 13907585 ns5:RetainedEarningsAccumulatedLosses 2024-07-31 13907585 ns5:RetainedEarningsAccumulatedLosses 2023-07-31 13907585 ns5:IntangibleAssetsOtherThanGoodwill 2023-08-01 2024-07-31 13907585 ns5:PatentsTrademarksLicencesConcessionsSimilar 2023-08-01 2024-07-31 13907585 ns5:FurnitureFittings 2023-08-01 2024-07-31 13907585 ns5:ComputerEquipment 2023-08-01 2024-07-31 13907585 ns5:PatentsTrademarksLicencesConcessionsSimilar 2023-07-31 13907585 ns5:PatentsTrademarksLicencesConcessionsSimilar 2024-07-31 13907585 ns5:PatentsTrademarksLicencesConcessionsSimilar 2023-07-31 13907585 ns5:FurnitureFittings 2023-07-31 13907585 ns5:ComputerEquipment 2023-07-31 13907585 ns5:FurnitureFittings 2024-07-31 13907585 ns5:ComputerEquipment 2024-07-31 13907585 ns5:FurnitureFittings 2023-07-31 13907585 ns5:ComputerEquipment 2023-07-31 13907585 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-07-31 13907585 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-07-31 13907585 ns5:DeferredTaxation 2023-08-01 2024-07-31 13907585 ns5:DeferredTaxation 2024-07-31 13907585 ns10:OrdinaryShareClass1 2024-07-31 13907585 ns5:RetainedEarningsAccumulatedLosses 2023-07-31 13907585 ns5:RetainedEarningsAccumulatedLosses 2023-08-01 2024-07-31

REGISTERED NUMBER: 13907585 (England and Wales)

| Financial Statements |

| for the Year Ended 31 July 2024 |

| for |

| Syson Limited |

| Trading as |

| Home Instead Mansfield |

| Syson Limited (Registered number: 13907585) |

| Trading as Home Instead Mansfield |

Contents of the Financial Statements

for the Year Ended 31 July 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Syson Limited |

| Trading as Home Instead Mansfield |

Company Information

for the Year Ended 31 July 2024

| DIRECTORS: | R C Stanton

| Mrs S Stanton

| REGISTERED OFFICE: | Suite 4b, Birch House

| Ransom Wood Business Park Southwell Road

| Rainworth

| Mansfield

| Nottinghamshire

| NG21 0HJ

| REGISTERED NUMBER: | 13907585 (England and Wales)

| ACCOUNTANTS: | SKS Bailey Group Limited

| Suite 4, 10/12 The Grove,

| Ilkley

| West Yorkshire

| LS29 9EG

| Syson Limited (Registered number: 13907585) |

| Trading as Home Instead Mansfield |

Balance Sheet

31 July 2024

| 2024 |  | 2023

| Notes | £ | £ |

Fixed assets

Intangible assets | 3 | 39,360 |  | 44,280 |  |

Tangible assets | 4 | 4,688 |  | 6,453 |  |

44,048 |  | 50,733 |  |

Current assets

Debtors | 5 | 50,798 |  | 44,236 |  |

Cash at bank | 7,475 |  | 8,027 |  |

58,273 |  | 52,263 |  |

Creditors

Amounts falling due within one year | 6 | (127,527 | ) | (78,604 | ) |

Net current liabilities | (69,254 | ) | (26,341 | ) |

Total assets less current liabilities | (25,206 | ) | 24,392 |  |

Creditors

Amounts falling due after more than one year | 7 | (56,764 | ) | (108,500 | ) |

Provisions for liabilities | 9 | (1,226 | ) | - |  |

Net liabilities | (83,196 | ) | (84,108 | ) |

Capital and reserves

Called up share capital | 10 | 100 |  | 100 |  |

Retained earnings | 11 | (83,296 | ) | (84,208 | ) |

Shareholders' funds | (83,196 | ) | (84,108 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

| Syson Limited (Registered number: 13907585) |

| Trading as Home Instead Mansfield |

Balance Sheet - continued

31 July 2024

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 3 October 2025 and were signed on its behalf by:

Mrs S Stanton - Director

R C Stanton - Director

| Syson Limited (Registered number: 13907585) |

| Trading as Home Instead Mansfield |

Notes to the Financial Statements

for the Year Ended 31 July 2024

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.

| TURNOVER

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| INTANGIBLE ASSETS

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Patents and licences are being amortised evenly over their estimated useful life of ten years.

| TANGIBLE FIXED ASSETS

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

| Fixtures and fittings | - | 20% on cost

| Computer equipment | - | 25% on cost

| 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.

| Syson Limited (Registered number: 13907585) |

| Trading as Home Instead Mansfield |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2024

1. | ACCOUNTING POLICIES - continued

| GOING CONCERN

| The accounts are prepared on the basis that the directors of the company have agreed they will not withdraw funds until the company has the available profits and cash flow and they continue to support the company for the foreseeable future.

| At the balance sheet date, liabilities exceed assets by £83,296 (2023 : £84,208). However the financial statements have been prepared on a going concern basis as the company has the continuing support from its directors and majority shareholders.

| The directors are therefore satisfied that the financial statements have been correctly prepared on the going concern basis. The directors' are confident that the accounts will return to profit in the year ended 31st July 2025.

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 21 (2023 - 21 ) .

3. | INTANGIBLE FIXED ASSETS

| Patents

| and

| licences

£ |

| COST

| At 1 August 2023

| and 31 July 2024 | 49,200 |  |

| AMORTISATION

| At 1 August 2023 | 4,920 |  |

| Amortisation for year | 4,920 |  |

| At 31 July 2024 | 9,840 |  |

| NET BOOK VALUE

| At 31 July 2024 | 39,360 |  |

| At 31 July 2023 | 44,280 |  |

| Syson Limited (Registered number: 13907585) |

| Trading as Home Instead Mansfield |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2024

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 August 2023

| and 31 July 2024 | 6,048 |  | 1,891 |  | 7,939 |  |

| DEPRECIATION

| At 1 August 2023 | 1,141 |  | 345 |  | 1,486 |  |

| Charge for year | 1,269 |  | 496 |  | 1,765 |  |

| At 31 July 2024 | 2,410 |  | 841 |  | 3,251 |  |

| NET BOOK VALUE

| At 31 July 2024 | 3,638 |  | 1,050 |  | 4,688 |  |

| At 31 July 2023 | 4,907 |  | 1,546 |  | 6,453 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 1,051 |  | 4,801 |  |

| Other debtors | 6,000 |  | 5,000 |  |

| Rent deposits | - |  | 1,015 |  |

| Accrued income | 43,747 |  | 33,420 |  |

50,798 |  | 44,236 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Other loans (see note 8) | 87,150 |  | 51,733 |  |

| Trade creditors | 1,234 |  | 1,869 |  |

| Social security and other tax | 8,824 |  | 3,245 |  |

| Pensions | 1,134 |  | 1,591 |  |

| Other creditors | 29,170 |  | 18,820 |  |

| Directors' current accounts | 1 |  | 377 |  |

| Accrued expenses | 14 |  | 969 |  |

127,527 |  | 78,604 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loan | 56,764 |  | 108,500 |  |

| Syson Limited (Registered number: 13907585) |

| Trading as Home Instead Mansfield |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2024

8. | LOANS

| An analysis of the maturity of loans is given below:

2024 | 2023 |

£ | £ |

| Amounts falling due within one year or on demand:

| Other loans | 53,188 |  | 51,733 |  |

| Bank Loan | 33,962 |  | - |  |

87,150 |  | 51,733 |  |

9. | PROVISIONS FOR LIABILITIES

2024 | 2023 |

£ | £ |

| Deferred tax | 1,226 |  | - |  |

| Deferred |

| tax |

£ |

| Charge to Income Statement during year | 1,226 |  |

| Balance at 31 July 2024 | 1,226 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 100 | Ordinary share | £1 | 100 |  | 100 |  |

11. | RESERVES

| Retained

| earnings

£ |

| At 1 August 2023 | (84,208 | ) |

| Profit for the year | 912 |  |

| At 31 July 2024 | (83,296 | ) |

12. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| No dividends were paid to the directors' through the period to 31st July 2024. The company owed the directors’ £1 as at 31st July 2024 (£377 as at 31st July 2023).

| Syson Limited (Registered number: 13907585) |

| Trading as Home Instead Mansfield |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2024

13. | RELATED PARTY DISCLOSURES

| The company owed an amount of £53,188 to a related party as at 31st July 2024 (2023 - £51,733). The directors' own 100% of the issued share capital of the related party company.