REGISTERED NUMBER: 03872601 (England and Wales)

SOLUTIONS (YORKSHIRE) LIMITED

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P L Jackson

W J Davies

SECRETARY:

W J Davies

REGISTERED OFFICE:

Woodlands of Woolley Residential Home

Woolley Low Moor Lane

Woolley

Wakefield

West Yorkshire

WF4 2LN

REGISTERED NUMBER:

03872601 (England and Wales)

AUDITORS:

Cox Costello & Horne

Chartered Accountants and Statutory Auditors

Batchworth Lock House

99 Church Street, Rickmansworth

WD3 1JJ

FIXED ASSETS

Tangible assets

4

3,126,389

3,201,769

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

5

1,572,544

898,596

Cash at bank and in hand

133,465

324,832

1,707,009

1,224,428

CREDITORS

Amounts falling due within one year

6

264,932

250,867

NET CURRENT ASSETS

1,442,077

973,561

TOTAL ASSETS LESS CURRENT LIABILITIES

4,568,466

4,175,330

PROVISIONS FOR LIABILITIES

473,354

478,272

NET ASSETS

4,095,112

3,697,058

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

7

1,517,893

1,557,813

Retained earnings

2,577,119

2,139,145

SHAREHOLDERS' FUNDS

4,095,112

3,697,058

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 has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2025 and were signed on its behalf by:

W J Davies - Director

1.	STATUTORY INFORMATION

Solutions (Yorkshire) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	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.

Going concern

The financial statements have been prepared on the going concern basis which the directors consider to be appropriate for the following reasons.

The company meets its day to day working capital requirements from cash resources and intercompany balance with the parent company. Therefore the going concern assessment of the company is dependent on that of the group as a whole. The directors have performed a going concern assessment for a period of 12 months from the date of approval of these financial statements which indicate that the company will have sufficient funds through funding from its parent, ADL Plc. The parent has indicated its intention to continue to make available such funds as are needed by the company at the balance sheet date for 12 months from the date of approval of these financial statements. As with any company placing reliance on other group companies for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so.

Based on these indications the directors believe that it remains appropriate to prepare the financial statements on a going concern basis.

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.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.

The following are the key sources of estimation uncertainty that the directors have assessed as being applicable to the company and that the most significant effect on the amounts recognised in the financial statements. It is deemed that there are no critical accounting judgements.

Valuation of freehold property

The valuation method of freehold property is considered most likely to have a risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. In order to provide an up-to-date accurate valuation an external valuer is contracted to value the property; the latest valuation was undertaken 29 September 2022. In future periods, the directors will continue to review the carrying value of the property to ensure it remains in line with its fair value.

Turnover

Turnover represents fee income receivable from care services provided. Turnover is recognised in the year in which the company obtains the right to consideration as the services provided under contracts have been delivered and is recorded art the value of the consideration due. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors.

Turnover wholly arises within the United Kingdom.

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% on cost

Fixtures and fittings

-

25% on cost

Freehold land is considered to have an infinite life and is not depreciated.

The assets' residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.

Tangible assets (not including freehold property) are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use.

Freehold property was originally stated at deemed cost and subsequently held at their latest revaluation amount less any accumulated depreciation and accumulated impairment losses. Revaluation gains and losses are taken to a revaluation reserve within equity and reported as other comprehensive income. Revaluation loss is taken to the revaluation reserve to the extent that there is a surplus on the revaluation reserve. Any excess of the loss over the surplus is taken to the profit and loss account. Revaluations shall be made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting period.

Impairment of fixed assets

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. When stock are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to estimated selling price less costs to complete and sell and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stock is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

Basic financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable.

a) Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

b) Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

c) Cash at bank

Cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment. Cash and bank balances are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Taxation

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

Employees are enrolled in the National Employment Savings Trust (Nest) which is a defined contribution occupational pension scheme backed by the government and set up to enable employers to meet their legislative obligations for automatic enrolment. The employee and company both contribute to NEST based on qualifying earnings of the employee. The assets of the pension scheme are held separately from the company in independently administered funds.

The pension costs represents contributions payable under the pension scheme and the company has no liability under the pension scheme other than for the payment of those contributions.

Contributions outstanding at the balance sheet date amounted to £2,988 (2024 - £5,728).

3.

EMPLOYEES

The average number of employees during the year was 43 (2024 - 50 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

3,706,328

264,659

3,970,987

DEPRECIATION

At 1 April 2024

533,715

235,503

769,218

Charge for year

62,127

13,253

75,380

At 31 March 2025

595,842

248,756

844,598

NET BOOK VALUE

At 31 March 2025

3,110,486

15,903

3,126,389

At 31 March 2024

3,172,613

29,156

3,201,769

Included in cost or valuation of land and buildings is freehold land of £ 600,000 (2024 - £ 600,000 ) which is not depreciated.

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

Valuation in 2022

2,403,135

-

2,403,135

Cost

1,303,193

264,659

1,567,852

3,706,328

264,659

3,970,987

If freehold land and building had not been revalued they would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

1,303,193

1,303,193

Aggregate depreciation

348,238

326,028

Value of land in freehold land and buildings

192,697

192,697

Freehold land and building were valued on an informal basis on 28 March 2025 by directors .

At the reporting date, the directors consider that the carrying value of freehold property to be in line with market expectations.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

66,116

141,751

Amounts owed by group undertaking

1,496,272

730,486

Other debtors

10,156

26,359

1,572,544

898,596

Amounts owed by group undertaking is unsecured, attracts no interest, has no fixed terms of repayment and is considered payable on demand.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

8,959

11,128

Taxation and social security

89,285

145,903

Other creditors

166,688

93,836

264,932

250,867

7.

RESERVES

Revaluation

reserve

£

At 1 April 2024

1,557,813

Depreciation on freehold property

(39,920

)

At 31 March 2025

1,517,893

Revaluation reserve represents the surplus or deficit arising between the fair value and book value of freehold properties and deferred tax thereon.

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

The Auditors' Report was unqualified.

Michael Cox (Senior Statutory Auditor)

for and on behalf of Cox Costello & Horne

9.	CONTINGENT LIABILITIES

Under an Employee Ownership Trust share purchase arrangement, ADL plc has provided security by way of a registered legal debenture, and fixed and floating charges over the group's assets, being the group's properties, book debts, plant and machinery and other assets and the business undertakings. The company, as a subsidiary of ADL plc, is party to the security provided. The extent of the group's exposure at 28 March 2025 was £25,000,000. The directors consider it to be highly unlikely that any liability will crystallise upon the company as as a result of the security provided.

10.	ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking and controlling party is ADL & Partners Limited (a private limited company incorporated in England and Wales) as Trustee of ADL Employee Ownership Trust.