REGISTERED NUMBER: 07563641 (England and Wales)

Eastern Family Services Limited

Unaudited Financial Statements

For The Year Ended

31st March 2025

Page

Balance Sheet

1

Notes to the Financial Statements

2

to

4

FIXED ASSETS

Tangible assets

4

7,506

4,838

CURRENT ASSETS

Debtors

5

822,964

675,875

Cash at bank

344,763

195,557

1,167,727

871,432

CREDITORS

Amounts falling due within one year

6

179,014

156,092

NET CURRENT ASSETS

988,713

715,340

TOTAL ASSETS LESS CURRENT LIABILITIES

996,219

720,178

PROVISIONS FOR LIABILITIES

1,531

845

NET ASSETS

994,688

719,333

CAPITAL AND RESERVES

Called up share capital

480

480

Share premium

1,209

1,209

Retained earnings

992,999

717,644

994,688

719,333

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 director acknowledges her 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 director and authorised for issue on 31st December 2025 and were signed by:

E G Newman - Director

1.	STATUTORY INFORMATION

Eastern Family Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07563641

Registered office:

Unit 3b, The Gattinetts Hadleigh Road

East Bergholt

Colchester

CO7 6QT

The presentation currency of the financial statements is Pound Sterling (£) and the financial statements are rounded to the nearest Pound.

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.

The financial statements have been prepared on an historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through the profit and loss.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that might affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax and represents amounts received for services rendered. Revenue from contracts to provide foster care services is recognised in the period in which the services are provided.

Tangible fixed assets

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

Office equipment

-

25% on cost

Financial instruments

Basic financial instruments are measured at amortised 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

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.

Subvention policy

Where tax losses are surrendered between group companies the company surrendering the loss receives

compensation from the recipient company in the form of subvention payments. The value of the subvention

payment is the amount of tax saved by the recipient.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1st April 2024

9,165

Additions

5,265

At 31st March 2025

14,430

DEPRECIATION

At 1st April 2024

4,327

Charge for year

2,597

At 31st March 2025

6,924

NET BOOK VALUE

At 31st March 2025

7,506

At 31st March 2024

4,838

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

207,898

102,860

Amounts owed by group undertakings

584,222

472,324

Other debtors

30,844

100,691

822,964

675,875

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

117,408

98,488

Amounts owed to group undertakings

680

51

Taxation and social security

43,564

31,961

Other creditors

17,362

25,592

179,014

156,092

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

14,225

14,225

Between one and five years

6,562

20,787

20,787

35,012

8.	OTHER FINANCIAL COMMITMENTS

The company has guaranteed loan notes of £5,734,811 (2024: £5,745,210) on behalf of its parent company Affinity EFS Group (2) Limited.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, expenses were paid on behalf of E Newman totalling £Nil (2024: £420). At the year end, E Newman owed the company £Nil (2024: £420).