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Registration number: 06368309

Southport Rest Home
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

Southport Rest Home

Contents

Company Information | 1
Statement of Financial Position | 2
Notes to the Unaudited Financial Statements | 3 to 7

Southport Rest Home

Company Information

Directors | Peter Gordon Faith Avril Choueke Eileen Lippa Mark Shaun Howard

Company secretary | Mark Shaun Howard

Registered office | 81 Albert Road Southport PR9 9LN

Southport Rest Home

(Registration number: 06368309)
Statement of Financial Position as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,262,878 | 1,272,478
Current assets |  |  |
Stocks | 5 | 500 | 500
Debtors | 6 | 24,560 | 17,160
Cash at bank and in hand |  | 41,032 | 2,887
|  | 66,092 | 20,547
Creditors: Amounts falling due within one year | 7 | (29,119) | (33,839)
Net current assets/(liabilities) |  | 36,973 | (13,292)
Net assets |  | 1,299,851 | 1,259,186
Capital and reserves |  |  |
Revaluation reserve |  | 142,400 | 142,400
Retained earnings |  | 1,157,451 | 1,116,786
Shareholders' funds |  | 1,299,851 | 1,259,186

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 21 October 2025 and signed on its behalf by:

......................................... Peter Gordon Director

Southport Rest Home

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
81 Albert Road
Southport
PR9 9LN
England

These financial statements were authorised for issue by the Board on 21 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Revenue comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Revenue is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Southport Rest Home

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 37 (2024 - 39).

Southport Rest Home

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4 | Tangible assets

| Land and buildings £ | Fixtures and fittings £ | Office equipment £ | Motor vehicles £
Cost or valuation
At 1 May 2024 | 1,210,000 | 236,585 | 10,152 | 6,000
At 30 April 2025 | 1,210,000 | 236,585 | 10,152 | 6,000
Depreciation
At 1 May 2024 | - | 178,658 | 8,059 | 3,542
Charge for the year | - | 8,689 | 419 | 492
At 30 April 2025 | - | 187,347 | 8,478 | 4,034
Carrying amount
At 30 April 2025 | 1,210,000 | 49,238 | 1,674 | 1,966
At 30 April 2024 | 1,210,000 | 57,927 | 2,093 | 2,458

| Total £
Cost or valuation
At 1 May 2024 | 1,462,737
At 30 April 2025 | 1,462,737
Depreciation
At 1 May 2024 | 190,259
Charge for the year | 9,600
At 30 April 2025 | 199,859
Carrying amount
At 30 April 2025 | 1,262,878
At 30 April 2024 | 1,272,478

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 500 | 500

Southport Rest Home

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 6,955 | 2,036
Prepayments | 17,605 | 14,188
Other debtors | - | 936
| 24,560 | 17,160

Southport Rest Home

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 16,679 | 12,597
Taxation and social security | 5,665 | 10,298
Accruals and deferred income | 4,329 | 8,581
Other creditors | 2,446 | 2,363
| 29,119 | 33,839

8 | Reserves

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

| Revaluation reserve £ | Total £
Surplus/deficit on property, plant and equipment revaluation | 142,400 | 142,400