REGISTERED NUMBER: 07564065 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

FOR

RESIDENTIALLY SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J L Pearson

G F Pearson

REGISTERED OFFICE:

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

BUSINESS ADDRESS:

6 Manor Park

Church Road

Great Barton

Suffolk

IP31 2QR

REGISTERED NUMBER:

07564065 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

35,661

18,833

35,661

18,833

CURRENT ASSETS

Debtors

7

525,493

1,106,785

Cash and cash equivalents

312,762

191,267

838,255

1,298,052

CREDITORS

Amounts falling due within one year

8

(477,237

)

(1,023,774

)

NET CURRENT ASSETS

361,018

274,278

TOTAL ASSETS LESS CURRENT LIABILITIES

396,679

293,111

PROVISIONS FOR LIABILITIES

9

(7,076

)

(2,877

)

NET ASSETS

389,603

290,234

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

389,503

290,134

SHAREHOLDERS' FUNDS

389,603

290,234

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

J L Pearson - Director

1.	STATUTORY INFORMATION

Residentially Services 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33.33% on cost

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, 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.

Taxation

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

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.

Grant income

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received using the performance model.

The grant will therefore be recognised in other income when the grant proceeds are received or receivable provided the terms of the grant do not impose future performance related conditions.

If the terms of the grant do impose future performance related conditions, the grant is only recognised in income when the performance related conditions are met.

Any grants that are received before the recognition criteria is met are recognised in the entity's financial statements as a liability.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 10 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 31 March 2024

and 30 March 2025

5,000

AMORTISATION

At 31 March 2024

and 30 March 2025

5,000

NET BOOK VALUE

At 30 March 2025

-

At 30 March 2024

-

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 31 March 2024

82,549

Additions

25,301

At 30 March 2025

107,850

DEPRECIATION

At 31 March 2024

63,716

Charge for year

8,473

At 30 March 2025

72,189

NET BOOK VALUE

At 30 March 2025

35,661

At 30 March 2024

18,833

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

122,546

206,106

Other debtors

402,947

900,679

525,493

1,106,785

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,748

1,421

Trade creditors

16,497

17,049

Taxation and social security

104,437

127,073

Other creditors

354,555

878,231

477,237

1,023,774

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

7,076

2,877

Deferred

tax

£

Balance at 31 March 2024

2,877

Provided during year

4,199

Balance at 30 March 2025

7,076

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 March 2025 and 30 March 2024:

2025

2024

£

£

J L Pearson and G F Pearson

Balance outstanding at start of year

269,716

266,064

Amounts advanced

411,473

375,360

Amounts repaid

(392,108

)

(371,708

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

289,081

269,716

12.	RELATED PARTY DISCLOSURES

At the balance sheet date, the directors owed the company £289,081 (2024: £269,716). The balance includes interest charged at 2.25%, is unsecured, repayable on demand, and is included within debtors falling due within one year.

During the year, the company was charged £403,042 (2024: £433,780) for management and consultancy services provided by companies and entities under common control. At the balance sheet date, the company owed these entities £348,500 (2024: £538,493). The balances are unsecured, bear no interest, are repayable on demand, and are included within accrued expenses falling due within one year.

At the balance sheet date, the company was owed £90,744 (2024: £596,850) by companies and other entities under common control. The balances are unsecured, interest-free, repayable on demand, and are included within debtors falling due within one year.

13.	SIGNIFICANT JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

Significant judgements

In preparing the financial statements, the directors have exercised judgement in assessing the recoverability of amounts due from and due to group undertakings and other entities under common control. This includes considering the financial position and liquidity of the counterparties and the expected timing of settlement.

Judgement is also required in determining the recognition of deferred tax balances, including assessing whether it is probable that sufficient future taxable profits will be available against which deferred tax assets may be utilised.

Key sources of estimation uncertainty

Estimation uncertainty arises in determining the useful economic lives and residual values of the company’s tangible fixed assets for depreciation purposes. These estimates are reviewed annually and changes may affect depreciation charges in future periods.

Estimation uncertainty also arises in the measurement of deferred tax balances, which requires estimation of the timing and extent to which temporary differences will reverse. Changes in assumptions or tax legislation may result in adjustments to deferred tax balances recognised.

In addition, estimation uncertainty exists in relation to the recoverability of intercompany balances. This involves estimating the timing and amount of future cash flows expected to be received or settled. Actual outcomes may differ from these estimates, which could result in adjustments to the carrying amounts recognised.

14.	GOING CONCERN

The directors have considered the company’s financial position and forecasts and are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.