| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2025 |
| for |
| Supported Living Care Property Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 March 2025 |
| for |
| Supported Living Care Property Limited |
| Supported Living Care Property Limited (Registered number: 09690124) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Supported Living Care Property Limited |
| Company Information |
| for the Year Ended 31 March 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Supported Living Care Property Limited (Registered number: 09690124) |
| Balance Sheet |
| 31 March 2025 |
| 31.3.25 | 31.3.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| 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. |
| Supported Living Care Property Limited (Registered number: 09690124) |
| Balance Sheet - continued |
| 31 March 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Supported Living Care Property Limited (Registered number: 09690124) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| Supported Living Care Property Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Preparation of consolidated financial statements |
| The financial statements contain information about Supported Living Care Property Limited 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. |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Interest income is recognised in the Profit and Loss Account using the effective interest method. |
| 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. |
| Supported Living Care Property Limited (Registered number: 09690124) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1 April 2024 |
| and 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| Supported Living Care Property Limited (Registered number: 09690124) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves | ( |
) | ( |
) |
| Loss for the year | ( |
) | ( |
) |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Supported Living Care Property Limited (Registered number: 09690124) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Profit/(loss) for the year | ( |
) |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| Supported Living Care Property Limited (Registered number: 09690124) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves | ( |
) | ( |
) |
| (Loss)/profit for the year | ( |
) |
| Supported Living Care Property Limited (Registered number: 09690124) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves | ( |
) | ( |
) |
| Loss for the year | ( |
) | ( |
) |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves | ( |
) | ( |
) |
| Loss for the year | ( |
) | ( |
) |
| Supported Living Care Property Limited (Registered number: 09690124) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves | ( |
) | ( |
) |
| Loss for the year | ( |
) | ( |
) |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves | ( |
) | ( |
) |
| (Loss)/profit for the year | ( |
) |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Supported Living Care Property Limited (Registered number: 09690124) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| Registered office: Cedar House, Abingdon Road, Tubney, OX13 5QQ |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Trade creditors |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.3.25 | 31.3.24 |
| £ | £ |
| Bank loans |
| There is an unscheduled Mortgage Debenture, held by GCP Social Housing 1 Limited, dated 24 June 2015. |
| The charge covers a fixed and floating charge over all property or undertaking of the company. |
| 8. | 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. |