IRIS Accounts Production v25.4.0.155 08606861 director 1.9.24 31.3.25 31.3.25 false true false false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08606861 2024-08-31 08606861 2025-03-31 08606861 2024-09-01 2025-03-31 08606861 2023-08-31 08606861 2023-09-01 2024-08-31 08606861 2024-08-31 08606861 ns15:EnglandWales 2024-09-01 2025-03-31 08606861 ns14:PoundSterling 2024-09-01 2025-03-31 08606861 ns10:Director1 2024-09-01 2025-03-31 08606861 ns10:PrivateLimitedCompanyLtd 2024-09-01 2025-03-31 08606861 ns10:SmallEntities 2024-09-01 2025-03-31 08606861 ns10:AuditExempt-NoAccountantsReport 2024-09-01 2025-03-31 08606861 ns10:SmallCompaniesRegimeForDirectorsReport 2024-09-01 2025-03-31 08606861 ns10:SmallCompaniesRegimeForAccounts 2024-09-01 2025-03-31 08606861 ns10:FullAccounts 2024-09-01 2025-03-31 08606861 1 2024-09-01 2025-03-31 08606861 ns10:OrdinaryShareClass1 2024-09-01 2025-03-31 08606861 ns10:RegisteredOffice 2024-09-01 2025-03-31 08606861 ns5:CurrentFinancialInstruments 2025-03-31 08606861 ns5:CurrentFinancialInstruments 2024-08-31 08606861 ns5:Non-currentFinancialInstruments 2025-03-31 08606861 ns5:Non-currentFinancialInstruments 2024-08-31 08606861 ns5:ShareCapital 2025-03-31 08606861 ns5:ShareCapital 2024-08-31 08606861 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 08606861 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 08606861 ns5:IntangibleAssetsOtherThanGoodwill 2024-09-01 2025-03-31 08606861 ns5:NetGoodwill 2024-08-31 08606861 ns5:IntangibleAssetsOtherThanGoodwill 2024-08-31 08606861 ns5:NetGoodwill 2025-03-31 08606861 ns5:IntangibleAssetsOtherThanGoodwill 2025-03-31 08606861 ns5:NetGoodwill 2024-08-31 08606861 ns5:IntangibleAssetsOtherThanGoodwill 2024-08-31 08606861 ns5:LeaseholdImprovements 2024-08-31 08606861 ns5:FurnitureFittings 2024-08-31 08606861 ns5:MotorVehicles 2024-08-31 08606861 ns5:ComputerEquipment 2024-08-31 08606861 ns5:LeaseholdImprovements 2024-09-01 2025-03-31 08606861 ns5:FurnitureFittings 2024-09-01 2025-03-31 08606861 ns5:MotorVehicles 2024-09-01 2025-03-31 08606861 ns5:ComputerEquipment 2024-09-01 2025-03-31 08606861 ns5:LeaseholdImprovements 2025-03-31 08606861 ns5:FurnitureFittings 2025-03-31 08606861 ns5:MotorVehicles 2025-03-31 08606861 ns5:ComputerEquipment 2025-03-31 08606861 ns5:LeaseholdImprovements 2024-08-31 08606861 ns5:FurnitureFittings 2024-08-31 08606861 ns5:MotorVehicles 2024-08-31 08606861 ns5:ComputerEquipment 2024-08-31 08606861 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 08606861 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-08-31 08606861 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-03-31 08606861 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-08-31 08606861 ns10:OrdinaryShareClass1 2025-03-31

REGISTERED NUMBER: 08606861 (England and Wales)

| Unaudited Financial Statements |

| for the Period |

| 1 September 2024 to 31 March 2025 |

| for |

| The Personal Support Network (Teesside) |

| Limited |

| The Personal Support Network (Teesside) |

| Limited (Registered number: 08606861) |

Contents of the Financial Statements

for the Period 1 September 2024 to 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| The Personal Support Network (Teesside) |

| Limited |

Company Information

for the Period 1 September 2024 to 31 March 2025

| DIRECTOR: | D M Harrison

| REGISTERED OFFICE: | 45 Kings Road

| North Ormesby

| Middlesbrough

| TS3 6NH

| REGISTERED NUMBER: | 08606861 (England and Wales)

| ACCOUNTANTS: | Anderson Barrowcliff Limited

| Chartered Accountants

| 3 Kingfisher Court

| Bowesfield Park

| Stockton on Tees

| TS18 3EX

| The Personal Support Network (Teesside) |

| Limited (Registered number: 08606861) |

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 20,560 |  | 27,131 |  |

20,560 |  | 27,131 |  |

CURRENT ASSETS

Debtors | 6 | 216,067 |  | 196,782 |  |

Cash at bank | 53,358 |  | 43,765 |  |

269,425 |  | 240,547 |  |

CREDITORS

Amounts falling due within one year | 7 | 174,378 |  | 172,364 |  |

NET CURRENT ASSETS | 95,047 |  | 68,183 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 115,607 |  | 95,314 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 115,198 |  | 32,699 |  |

NET ASSETS | 409 |  | 62,615 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 3 |  | 3 |  |

Retained earnings | 406 |  | 62,612 |  |

SHAREHOLDERS' FUNDS | 409 |  | 62,615 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 3 December 2025 and were signed by:

D M Harrison - Director

| The Personal Support Network (Teesside) |

| Limited (Registered number: 08606861) |

Notes to the Financial Statements

for the Period 1 September 2024 to 31 March 2025

1. | STATUTORY INFORMATION

| The Personal Support Network (Teesside) 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 and rounded to the nearest £.

| There was a change in the year end date from 31 August to 31 March 2025 due to a change in ownership.

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.

| The accounts have been prepared on the going concern basis.

| Creditors over one year include a loan of £100,000 owed to a company owned by a director of this company. Repayment will not be sought until Personal Support Network have available funds.

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

| 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.

| Website development costs are being amortised evenly over their estimated useful life of three years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Computer Equipment |  | - 20% reducing balance |  |

| Fixtures & Fittings |  | - 20% reducing balance |  |

| Motor Vehicles |  | - 33% on cost |  |

| Improvements to Property |  | - 10% on cost |  |

| Taxation

| Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

| 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.

| The Personal Support Network (Teesside) |

| Limited (Registered number: 08606861) |

Notes to the Financial Statements - continued

for the Period 1 September 2024 to 31 March 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Debtors and creditors receivable / payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2014, has been amortised evenly over it's estimated life of five years.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 101 (2024 - 116 ) .

4. | INTANGIBLE FIXED ASSETS

| Other |

| intangible |

| Goodwill |  | assets |  | Totals

£ | £ | £ |

| COST

| At 1 September 2024

| and 31 March 2025 | 20,000 |  | 6,720 |  | 26,720 |  |

| AMORTISATION

| At 1 September 2024

| and 31 March 2025 | 20,000 |  | 6,720 |  | 26,720 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  | - |  | - |  |

| At 31 August 2024 | - |  | - |  | - |  |

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | and |  | Motor |  | Computer |

| property |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 September 2024 |

| and 31 March 2025 | 46,863 |  | 14,713 |  | 2,850 |  | 975 |  | 65,401 |  |

| DEPRECIATION

| At 1 September 2024 | 25,663 |  | 9,512 |  | 2,528 |  | 567 |  | 38,270 |  |

| Charge for period | 5,491 |  | 723 |  | 322 |  | 35 |  | 6,571 |  |

| At 31 March 2025 | 31,154 |  | 10,235 |  | 2,850 |  | 602 |  | 44,841 |  |

| NET BOOK VALUE

| At 31 March 2025 | 15,709 |  | 4,478 |  | - |  | 373 |  | 20,560 |  |

| At 31 August 2024 | 21,200 |  | 5,201 |  | 322 |  | 408 |  | 27,131 |  |

| The Personal Support Network (Teesside) |

| Limited (Registered number: 08606861) |

Notes to the Financial Statements - continued

for the Period 1 September 2024 to 31 March 2025

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

2025 | 2024 |

£ | £ |

| Trade debtors | 196,734 |  | 168,626 |  |

| Other debtors | 7,779 |  | 9,170 |  |

| Amount due from related party | - |  | 1,437 |  |

| Directors' current accounts | - |  | 9,104 |  |

| Prepayments | 11,554 |  | 8,445 |  |

216,067 |  | 196,782 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 29,619 |  | 28,576 |  |

| Taxation | - |  | 6,076 |  |

| Social security and other taxes | 25,215 |  | 14,776 |  |

| Other creditors | 101,336 |  | 40,533 |  |

| Accrued expenses | 18,208 |  | 82,403 |  |

174,378 |  | 172,364 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans - 2-5 years | 15,198 |  | 32,699 |  |

| Owed to related party | 100,000 |  | - |  |

115,198 |  | 32,699 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 3 | Ordinary | £1 | 3 |  | 3 |  |

10. | FINANCIAL COMMITMENTS

| Total financial commitments which are not included in the balance sheet amount to £30,657 (2024 - £5,998).

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| During the year there were no advances to directors (2024 - £6,307). The directors repaid £9,104 (2024 - £4,533). Leaving an amount outstanding of Nil (2024 - £9,104).

12. | RELATED PARTY DISCLOSURES

| The amount owed to a company under common control at the year end is £100,000 (2024 - £1,437).

| This loan is interest free and there are no fixed repayment terms.