Retirement Security Limited

	Page
Company Information	1
Directors' Report	2—4
Independent Auditor's Report	5—7
Consolidated Income Statement	8
Consolidated Statement of Financial Position	9—10
Company Statement of Financial Position	11—12
Consolidated Statement of Changes in Equity	13
Company Statement of Changes in Equity	14
Notes to the Financial Statements	15—21

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Company No. 01612921

Directors' Report For The Year Ended 31 March 2025

Directors' Report

The directors present their report and the financial statements for the year ended 31 March 2025.

Review of the Business

The results for the year and financial position of the company and group are shown in the annexed financial statements.

The group made a profit before tax of £44,442 (2024: £1,020,202). This reflects the results achieved from management fees, transfer fees on resold properties and lease extensions.

Future Developments

The Group continues to consider new development opportunities. The Group will also continue to ensure that any future developments will maintain and enhance the independence and quality of living of the Owners. Retirement Security is aware of its obligations relating to carbon neutral targets and will incorporate them into any future designs.

As always, Retirement Security will focus on providing high-quality housing and services, and will work to ensure it attracts the positive recognition within the retirement housing sector that it deserves. Retirement Security will also look to make continuous improvements and developments to current practices so ensuring the operational model is sustainable and fit for the future, delivering a high level of service to all Courts.

Dividends

No interim dividends were paid during the year. The directors recommend that no final dividend be paid.

Directors

The directors who held office during the year were as follows:

M Bessell
R Bessell	Resigned	25/01/2025
L Clement	Resigned	03/09/2024
N Chriscoli
M Hackett
M Prince
M Gowers	Resigned	25/05/2024
M Wakeford	Resigned	27/08/2024
M Manley	Appointed	09/10/2024

In accordance with the Articles of Association, Mrs M Bessell and Ms M Hackett will retire at the forthcoming Annual General Meeting, and being eligible, will stand for re-election.

...CONTINUED

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Retirement Security Limited

Directors' Report (continued)

For The Year Ended 31 March 2025

Directors - continued

The beneficial interests of the directors holding office on 31 March 2025 in the issued share capital of the company were as follows:

	2025	2024
Ordinary 10p shares
R Bessell	607.569	515,507
M Bessell	-	50,758
N Chriscoli	23,000	23,000
M Wakeford	687,972	573,420
M Gowers	1,000	1,000
M Hackett	52,758	-

M Wakeford is a director and shareholder of Brackley Holdings Limited. Brackley Holdings Limited holds 687,972 (2024: 573,420) ordinary shares in the company.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company and group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

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Retirement Security Limited

Directors' Report (continued)

For The Year Ended 31 March 2025

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Directors' Report is approved:

so far as the director is aware, there is no relevant audit information of which the company and group's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company and group's auditors are aware of that information.

Small Company Rules

This report has 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.

On behalf of the board

M Hackett Director	M Prince Director
6 November 2025

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Independent Auditor's Report

to the Members of

Retirement Security Limited

Independent Auditor's Report

Opinion

We have audited the financial statements of Retirement Security Limited (the "parent company") and its subsidiaries (the "group") for the year ended 31 March 2025 which comprise the Consolidated Income Statement, Consolidated Statement of Financial Position, Company Statement of Financial Position, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 - Section 1A for Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the group's and of the parent company's affairs as at 31 March 2025 and of the group's profit/(loss) for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice applicable to smaller entities; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and the provisions available for small entities, in the circumstances set out in note 16 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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Independent Auditor's Report (continued)

to the Members of

Retirement Security Limited

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Directors' Report have been prepared in accordance with applicable legal requirements.

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the group and parent company and their environment obtained in the course of the audit, we have not identified material misstatements in the Directors' Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or
the parent company financial statements are not in agreement with the accounting records or returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit, or
the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Directors' Report and from the requirement to prepare a Strategic Report.

Responsibilities of Directors

As explained more fully in the Directors' Responsibilities Statement set out on page 2—4, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the group and parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.

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Independent Auditor's Report (continued)

to the Members of

Retirement Security Limited

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use Of Our Report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

D C Cooper FCA (Senior Statutory Auditor)

for and on behalf of Cooper Adams Limited , Statutory Auditor

6 November 2025

Cooper Adams Limited

Chartered Accountants

12 Payton Street

Stratford upon Avon

Warwickshire

CV37 6UA

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Retirement Security Limited

Consolidated Income Statement

For The Year Ended 31 March 2025

Consolidated Income Statement

		2025	2024
	Notes	£	£
TURNOVER		2,318,141	2,159,907
Cost of sales		(705,563 )	(500,310 )

GROSS PROFIT		1,612,578	1,659,597

Administrative expenses		(1,928,122 )	(2,102,657 )
Other operating income		343,835	1,455,605
(Loss)/profit on revaluation of investments		(697 )	472

OPERATING PROFIT		27,594	1,013,017
Income from other current asset investments		-	34
Loss on disposal of fixed assets		(772 )	(10 )
Other interest receivable and similar income		17,620	7,161

PROFIT FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT		44,442	1,020,202

The notes on pages 15 to 21 form part of these financial statements.

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Retirement Security Limited

Consolidated Statement of Financial Position

As At 31 March 2025

Consolidated Statement of Financial Position

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	7		50,732		52,253

			50,732		52,253
CURRENT ASSETS
Stocks		500,489		480,514
Debtors	8	378,194		462,685
Investments	9	595		1,292
Cash at bank and in hand		1,338,627		1,500,740

		2,217,905		2,445,231
Creditors: Amounts Falling Due Within One Year	10	(394,897 )		(668,186 )

NET CURRENT ASSETS (LIABILITIES)			1,823,008		1,777,045

TOTAL ASSETS LESS CURRENT LIABILITIES			1,873,740		1,829,298

NET ASSETS			1,873,740		1,829,298

CAPITAL AND RESERVES
Called up share capital	12		168,107		168,107
Share premium account			200,000		200,000
Capital redemption reserve			71,525		71,525
Income Statement			1,434,108		1,389,666

SHAREHOLDERS' FUNDS			1,873,740		1,829,298

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Retirement Security Limited

Consolidated Statement of Financial Position (continued)

As At 31 March 2025

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

On behalf of the board

M Hackett Director	M Prince Director
6 November 2025

The notes on pages 15 to 21 form part of these financial statements.

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Retirement Security Limited

Company Statement of Financial Position

As At 31 March 2025

Company Statement of Financial Position

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	7		50,732		52,253

			50,732		52,253
CURRENT ASSETS
Stocks		500,489		480,514
Debtors	8	1,727,137		1,825,666
Investments	9	595		1,292
Cash at bank and in hand		1,338,627		1,500,740

		3,566,848		3,808,212
Creditors: Amounts Falling Due Within One Year	10	(489,082 )		(736,469 )

NET CURRENT ASSETS (LIABILITIES)			3,077,766		3,071,743

TOTAL ASSETS LESS CURRENT LIABILITIES			3,128,498		3,123,996

NET ASSETS			3,128,498		3,123,996

CAPITAL AND RESERVES
Called up share capital	12		168,107		168,107
Share premium account			200,000		200,000
Capital redemption reserve			71,525		71,525
Income Statement			2,688,866		2,684,364

SHAREHOLDERS' FUNDS			3,128,498		3,123,996

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Retirement Security Limited

Company Statement of Financial Position (continued)

As At 31 March 2025

In accordance with section 408(3) of the Companies Act 2006, the company has not presented its own profit and loss account and the related notes. The company's profit for the year was £ 4,502 (2024: £ 779,245 profit).

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

On behalf of the board

M Hackett Director	M Prince Director
6 November 2025

The notes on pages 15 to 21 form part of these financial statements.

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Retirement Security Limited

Consolidated Statement of Changes in Equity

For The Year Ended 31 March 2025

Consolidated Statement of Changes in Equity

	Share Capital	Share Premium	Capital Redemption	Income Statement	Total
	£	£	£	£	£
As at 1 April 2023	168,107	200,000	71,525	470,328	909,960
Profit for the year and total comprehensive income	-	-	-	1,020,202	1,020,202

Dividends paid	-	-	-	(100,864)	(100,864)

As at 31 March 2024 and 1 April 2024	168,107	200,000	71,525	1,389,666	1,829,298


Profit for the year and total comprehensive income	-	-	-	44,442	44,442

As at 31 March 2025	168,107	200,000	71,525	1,434,108	1,873,740

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Retirement Security Limited

Company Statement of Changes in Equity

For The Year Ended 31 March 2025

Company Statement of Changes in Equity

	Share Capital	Share Premium	Capital Redemption	Income Statement	Total
	£	£	£	£	£
As at 1 April 2023	168,107	200,000	71,525	2,005,983	2,445,615
Profit for the year and total comprehensive income	-	-	-	779,245	779,245

Dividends paid	-	-	-	(100,864)	(100,864)

As at 31 March 2024 and 1 April 2024	168,107	200,000	71,525	2,684,364	3,123,996


Profit for the year and total comprehensive income	-	-	-	4,502	4,502

As at 31 March 2025	168,107	200,000	71,525	2,688,866	3,128,498

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Retirement Security Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Retirement Security Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01612921 . The registered office is Unit 3 Wellesbourne Distribution Park, Loxley Road, Wellesbourne, Warwick, CV35 9JY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Basis Of Consolidation

The group consolidated financial statements include the financial statements of the company and all of its subsidiary undertakings together with the group’s share of the results of associates made up to 31 March 2025.

A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.

2.3. Turnover

Turnover represents income from the sale of development properties and the income receivable in respect of development consultancy fees, management fees and transfer premiums on resold properties.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% on cost
Computer equipment	15% to 20% on cost

2.5. Leasing and Hire Purchase Contracts

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

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Retirement Security Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Financial Instruments

Basic financial instruments

Financial assets

Basic financial assets, including cash and cash equivalents, trade and other receivables, and investments in fixed-term deposits, are initially recognised at transaction price and subsequently measured at amortised cost, less any impairment. Investments in publicly traded bonds and equities are measured at fair value, with changes in fair value recognised in the Income Statement.

Financial liabilities

Basic financial liabilities, including trade and other payables, loans and accruals, are initially recognised at transaction price and subsequently measured at amortised cost.

2.8. Taxation

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.9. Pensions

The group operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

3. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Wages and salaries	1,006,779	957,914	1,006,779	957,914
Social security costs	124,785	103,464	124,785	103,464
Other pension costs	78,195	84,005	78,195	84,005

	1,209,759	1,145,383	1,209,759	1,145,383

4. Average Number of Employees

Group

Average number of employees, including directors, during the year was: 20 (2024: 21)

Company

Average number of employees, including directors, during the year was: 20 (2024: 21)

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Retirement Security Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Directors' remuneration

	2025	2024
	£	£
Emoluments	403,093	364,928
Company contributions to money purchase pension schemes	29,408	29,792

	432,501	394,720

During the year, retirement benefits were accruing to 4 directors (2024: 3 directors) in respect of money purchase schemes.

6. Auditors' Remuneration

	2025	2024
	£	£
For the audit of the group's financial statements	14,247	13,560
For other services	11,899	11,444

	26,146	25,004

7. Tangible assets

Group

	Land & Property
	Leasehold	Computer equipment	Total
	£	£	£
Cost
As at 1 April 2024	56,438	242,489	298,927
Additions	6,051	13,008	19,059
Disposals	(56,438 )	(141,583 )	(198,021 )

As at 31 March 2025	6,051	113,914	119,965

Depreciation
As at 1 April 2024	56,438	190,236	246,674
Provided during the period	606	19,202	19,808
Disposals	(56,438 )	(140,811 )	(197,249 )

As at 31 March 2025	606	68,627	69,233

...CONTINUED

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Retirement Security Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	5,445	45,287	50,732

As at 1 April 2024	-	52,253	52,253

Company

	Land & Property
	Leasehold	Computer equipment	Total
	£	£	£
Cost
As at 1 April 2024	56,438	242,489	298,927
Additions	6,051	13,008	19,059
Disposals	(56,438 )	(141,583 )	(198,021 )

As at 31 March 2025	6,051	113,914	119,965

Depreciation
As at 1 April 2024	56,438	190,236	246,674
Provided during the period	606	19,202	19,808
Disposals	(56,438 )	(140,811 )	(197,249 )

As at 31 March 2025	606	68,627	69,233

Net Book Value
As at 31 March 2025	5,445	45,287	50,732

As at 1 April 2024	-	52,253	52,253

8. Debtors

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Due within one year
Trade debtors	107,961	82,308	107,961	82,308
Prepayments and accrued income	33,723	33,228	33,723	33,228
Other debtors	146,510	107,293	146,510	107,293
VAT	-	8,356	-	8,356
Amounts owed by group undertakings	-	-	1,438,943	1,594,481

	288,194	231,185	1,727,137	1,825,666
Due after more than one year
Other debtors	90,000	231,500	-	-

	378,194	462,685	1,727,137	1,825,666

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Retirement Security Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Included in debtors is a balance of £90,000 (2024: £231,500) due to the group for properties sold at Margaret Court. This balance will be paid when the properties are resold or earlier if the debt is factored or repaid by the purchaser.

9. Current Asset Investments

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Listed investments	595	1,292	595	1,292

The historical cost of current asset investments is £382 (2024: £382).

10. Creditors: Amounts Falling Due Within One Year

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Trade creditors	101,171	93,489	101,171	93,489
Other taxes and social security	60,405	39,558	60,405	39,558
Other creditors	28,738	5,020	28,738	5,020
Proposed dividends	-	100,864	-	100,864
Accruals and deferred income	204,583	429,255	198,579	420,449
Amounts owed to group undertakings	-	-	100,189	77,089

	394,897	668,186	489,082	736,469

11. Deferred taxation

The group has corporation tax losses carried forward at the balance sheet date amounting to £5,055,810 (2024: £5,102,470). No deferred tax asset has been recognised in respect of these losses.

12. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	168,107	168,107

Share capital consists of 1,681,065 (2024: 1,681,065) Ordinary shares of 10p each.

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Retirement Security Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

13. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Not later than one year	69,360	11,360	69,360	11,360
Later than one year and not later than five years	74,515	32,839	74,515	32,839

	143,875	44,199	143,875	44,199

14. Pension Commitments

The group operates a defined contribution pension scheme for employees and directors. The assets of the scheme are held separately from those of the group in an independently administered fund. At the statement of financial position date unpaid contributions of £6,386 (2024: £1,258) were due to the fund, and are included in Other Creditors.

15. Related Party Transactions

During the year, the company charged Retirement Security (Reading) Limited, its wholly owned subsidiary, £105,925 (2024: £60,950) in respect of management fees.

During the year, the company charged Retirement Security (Milton Keynes) Limited, its wholly owned subsidiary, £103,180 (2024: £105,395) in respect of management fees.

16. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

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Retirement Security Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

17. Fixed Asset Investments

The group and the company's investments at the Balance Sheet date in the share capital of companies include the following:

Retirement Security (Reading) Limited
Registered office: United Kingdom
Nature of business: development, sale & management of very sheltered housing
Holding: 100% ordinary shares
	2025	2024
	£	£
Aggregate capital and reserves	(3,564,408)	(3,581,248)
Profit/(loss) for the year/period	16,840	117,557

Retirement Security (Milton Keynes) Limited
Registered office: United Kingdom
Nature of business: development, sale & management of very sheltered housing
Holding: 100% ordinary shares
	2025	2024
	£	£
Aggregate capital and reserves	(554,964)	(578,064)
Profit/(loss) for the year/period	23,100	123,400

The fair value of fixed asset investments is £nil (2024: £nil). The historical cost of fixed asset investments is £200 (2024: £200).

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