REGISTERED NUMBER: 01242291 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

SUPERVISION ASSURED LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S G Surridge

C M Sharpe

SECRETARY:

A Surridge

REGISTERED OFFICE:

Unit 4 Broughton Grounds

Broughton Grounds Lane

Newport Pagnell

MK16 0HZ

REGISTERED NUMBER:

01242291 (England and Wales)

ACCOUNTANTS:

Gowers Limited

The Old School House

Bridge Road

Hunton Bridge

Kings Langley

Hertfordshire

WD4 8SZ

FIXED ASSETS

Tangible assets

4

70,007

52,783

CURRENT ASSETS

Debtors

5

151,273

249,192

Cash at bank

291,946

175,975

443,219

425,167

CREDITORS

Amounts falling due within one year

6

(172,465

)

(137,507

)

NET CURRENT ASSETS

270,754

287,660

TOTAL ASSETS LESS CURRENT LIABILITIES

340,761

340,443

CREDITORS

Amounts falling due after more than one year

7

(53,685

)

(50,907

)

PROVISIONS FOR LIABILITIES

-

(10,685

)

NET ASSETS

287,076

278,851

CAPITAL AND RESERVES

Called up share capital

165

165

Retained earnings

286,911

278,686

SHAREHOLDERS' FUNDS

287,076

278,851

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 22nd December 2025 and were signed on its behalf by:

S G Surridge - Director

1.	STATUTORY INFORMATION

Supervision Assured 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Plant and machinery

-

25% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 122 (2024 - 122 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1st April 2024

32,656

225,738

145

94,684

353,223

Additions

-

-

-

39,895

39,895

Disposals

-

-

-

(15,290

)

(15,290

)

At 31st March 2025

32,656

225,738

145

119,289

377,828

DEPRECIATION

At 1st April 2024

32,656

225,738

109

41,937

300,440

Charge for year

-

-

36

20,260

20,296

Eliminated on disposal

-

-

-

(12,915

)

(12,915

)

At 31st March 2025

32,656

225,738

145

49,282

307,821

NET BOOK VALUE

At 31st March 2025

-

-

-

70,007

70,007

At 31st March 2024

-

-

36

52,747

52,783

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st April 2024

51,974

Additions

23,395

At 31st March 2025

75,369

DEPRECIATION

At 1st April 2024

13,592

Charge for year

13,481

At 31st March 2025

27,073

NET BOOK VALUE

At 31st March 2025

48,296

At 31st March 2024

38,382

The assets held under HP contracts are secured on the assets concerned.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

145,297

219,043

Other debtors

5,959

30,149

Tax

17

-

151,273

249,192

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

18,541

9,296

Trade creditors

38,322

30,610

Social security and other taxes

18,205

20,812

VAT

65,583

63,452

Other creditors

23,162

5,725

BBL

5,172

5,172

Directors' current accounts

3,480

2,440

172,465

137,507

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

28,265

20,311

BBL

25,420

30,596

53,685

50,907

8.	SECURED DEBTS

Included in creditors are monies borrowed from National Westminster bank Plc which are secured via a debenture dated 14th September 1988 which is a specific equitable charge over all freehold and leasehold properties and/or the proceeds of sale thereof fixed and floating charges over undertaking and all property and assets present and future including goodwill book debts and the benefits of any licences.

National Westminster bank Plc also hold a legal charge dated 1st March 1988 which covered the freehold property known as 115 Villiers Road, Oxhey, Watford Hertfordshire and/or the proceeds of sale thereof together with A. floating charge over all moveable plant machinery implements utensils furniture and equipment.