NEW CHOICES (BRADFORD & DISTRICT) LIMITED

Company Registration Number:
13774027 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

NEW CHOICES (BRADFORD & DISTRICT) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

NEW CHOICES (BRADFORD & DISTRICT) LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Called up share capital not paid: 1 1
Fixed assets
Intangible assets: 3 616,118 444,194
Tangible assets: 4 104,677 162,931
Total fixed assets: 720,795 607,125
Current assets
Debtors:   464,364 1,113,548
Cash at bank and in hand: 529,771 696,338
Total current assets: 994,135 1,809,886
Creditors: amounts falling due within one year:   (1,714,036) (2,474,893)
Net current assets (liabilities): (719,901) (665,007)
Total assets less current liabilities: 895 (57,881)
Total net assets (liabilities): 895 (57,881)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 894 (57,882)
Shareholders funds: 895 (57,881)

The notes form part of these financial statements

NEW CHOICES (BRADFORD & DISTRICT) LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 September 2025
and signed on behalf of the board by:

Name: Tony Anthony Pilkington
Status: Director

The notes form part of these financial statements

NEW CHOICES (BRADFORD & DISTRICT) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NEW CHOICES (BRADFORD & DISTRICT) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 186 253

NEW CHOICES (BRADFORD & DISTRICT) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible Assets

Total
Cost £
At 01 April 2024 718,729
Additions 294,326
At 31 March 2025 1,013,055
Amortisation
At 01 April 2024 274,535
Charge for year 122,402
At 31 March 2025 396,937
Net book value
At 31 March 2025 616,118
At 31 March 2024 444,194

The intangible assets comprise computer software acquired to support and automate the company’s financial, administrative, and care service operations. These include internally developed and third-party systems, as well as elements of the initial IT infrastructure and related service arrangements provided under contractual agreements with Bradford Council. The useful life of the software was previously assessed as 4 years based on historical expectations of system usage and replacement. During the year ended 31 March 2025, the directors reassessed the expected pattern of economic benefits and determined that a useful life of 7 years is more appropriate, given the current replacement cycle and extended use of legacy systems. This change in estimate has been applied prospectively from 1 April 2024, in accordance with FRS 102 Section 17.23–27

NEW CHOICES (BRADFORD & DISTRICT) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible Assets

Total
Cost £
At 01 April 2024 402,910
Disposals (25,104)
At 31 March 2025 377,806
Depreciation
At 01 April 2024 239,979
Charge for year 51,977
On disposals (18,827)
At 31 March 2025 273,129
Net book value
At 31 March 2025 104,677
At 31 March 2024 162,931