Supported Living Property Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09060597 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Supported Living Property Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Hatzis

D R Wylde

REGISTERED OFFICE:

Cedar House

Abingdon Road

Tubney

Oxfordshire

OX13 5QQ

REGISTERED NUMBER:

09060597 (England and Wales)

CURRENT ASSETS

Debtors

5

24,870

300,000

Cash at bank

359,494

533,509

384,364

833,509

CREDITORS

Amounts falling due within one year

6

53,561

477,953

NET CURRENT ASSETS

330,803

355,556

TOTAL ASSETS LESS CURRENT
LIABILITIES

330,803

355,556

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

330,801

355,554

330,803

355,556

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 18 December 2025 and were signed on its behalf by:

D R Wylde - Director

1.	STATUTORY INFORMATION

Supported Living Property Ltd 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.

Preparation of consolidated financial statements

The financial statements contain information about Supported Living Property Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates

The key assumption concerning the future and other key sources of estimation uncertainty at the report date that has a risk of causing material adjustment to the carrying amount of the loan creditor is future inflation rates.

The loan interest payable is subject to annual inflation indexation based on the Consumer Price Index ("CPI").

Steps have been taken to ensure that any risk associated with CPI linked cost is offset by similar adjustments to revenue.

Estimates and judgements are continually evaluated and based on historical experience, alongside independent forecasts, this is believed to be reasonable under the circumstances.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

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 NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

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

FPI Co 1 Ltd

Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ

Nature of business: Provision of supported living facilities

%

Class of shares:

holding

Ordinary

100.00

31.3.25

31.3.24

£

Aggregate capital and reserves

100

FPI Co 4 Ltd

Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ

Nature of business: Provision of supported living facilities

%

Class of shares:

holding

Ordinary

100.00

31.3.25

31.3.24

£

Aggregate capital and reserves

100

FPI Co 5 Ltd

Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ

Nature of business: Provision of supported living facilities

%

Class of shares:

holding

Ordinary

100.00

31.3.25

31.3.24

£

Aggregate capital and reserves

100

FPI Co 8 Ltd

Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ

Nature of business: Provision of supported living facilities

%

Class of shares:

holding

Ordinary

100.00

31.3.25

31.3.24

£

Aggregate capital and reserves

100

FPI Co 10 Ltd

Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ

Nature of business: Provision of supported living facilities

%

Class of shares:

holding

Ordinary

100.00

31.3.25

31.3.24

£

Aggregate capital and reserves

100

FPI Co 21 Ltd

Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ

Nature of business: Provision of supported living facilities

%

Class of shares:

holding

Ordinary

100.00

31.3.25

31.3.24

£

Aggregate capital and reserves

100

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

24,870

300,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Amounts owed to group undertakings

13,321

166,303

Other creditors

40,240

311,650

53,561

477,953

7.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.