REGISTERED NUMBER: 06052955 (England and Wales)

STUDENT FACILITY MANAGEMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs H C Burns

Mr M A Joyce

Mr S B Murphy

Mrs R L Withers

SECRETARY:

Mr S B Murphy

REGISTERED OFFICE:

5-7 Mill Fold

Mill Fold Way

Sowerby Bridge

West Yorkshire

HX6 4DJ

REGISTERED NUMBER:

06052955 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,703

6,032

CURRENT ASSETS

Debtors

5

105,602

81,063

Cash at bank and in hand

447,364

492,784

552,966

573,847

CREDITORS

Amounts falling due within one year

6

(226,024

)

(264,243

)

NET CURRENT ASSETS

326,942

309,604

TOTAL ASSETS LESS CURRENT LIABILITIES

330,645

315,636

CREDITORS

Amounts falling due after more than one year

7

(5,003

)

(15,003

)

PROVISIONS FOR LIABILITIES

9

(797

)

(1,217

)

NET ASSETS

324,845

299,416

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

324,745

299,316

SHAREHOLDERS' FUNDS

324,845

299,416

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 16 December 2025 and were signed on its behalf by:

Mrs H C Burns - Director

1.	STATUTORY INFORMATION

Student Facility Management 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.

Turnover

Turnover represents invoiced sales of service charges, letting management and recharges of costs i.e salaries, net of VAT.

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

-

10% on cost

Computer equipment

-

25% on cost

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets, other than those held at fair value through profit or loss, are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors, bank loans, finance leases, accruals, are initially recognised at transaction price.

Debt instruments are subsequently measured at amortised cost using the effective interest method.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

35,520

DEPRECIATION

At 1 February 2024

29,488

Charge for year

2,329

At 31 January 2025

31,817

NET BOOK VALUE

At 31 January 2025

3,703

At 31 January 2024

6,032

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

71,953

73,126

Other debtors

33,649

7,937

105,602

81,063

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

68,134

66,299

Taxation and social security

44,486

71,939

Other creditors

103,404

116,005

226,024

264,243

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

5,003

15,003

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

15,003

25,003

The bank loan is secured against a government backed initiative.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

797

1,217

Deferred

tax

£

Balance at 1 February 2024

1,217

Credit to Income Statement during year

(420

)

Balance at 31 January 2025

797

10.	RELATED PARTY DISCLOSURES

Purchase invoices for management fees and rent amounting to £344,250 gross (2024 £326,705), were invoiced in the financial year from EGT Development Services Ltd this is a company in which the directors have shareholdings and also directorship.

Purchase invoices for management fees amounting £28,312 gross (2024 £9,420), were invoiced in the financial year from Ratefield Ltd, this is a company in which one of the directors has a directorship and has significant control over the company.

Sales invoices were issued in the period to AQH Micklegate (2015) Ltd, Q3 Apartments Ltd and Q4 Apartments Ltd, two of the directors have a directorship and own shares in these companies. These transactions were conducted under normal market conditions.