| REGISTERED NUMBER: |
| Affinity Fostering Services Ltd |
| Unaudited Financial Statements |
| For The Year Ended |
| 31st March 2025 |
| REGISTERED NUMBER: |
| Affinity Fostering Services Ltd |
| Unaudited Financial Statements |
| For The Year Ended |
| 31st March 2025 |
| Affinity Fostering Services Ltd (Registered number: 08581558) |
| Contents of the Financial Statements |
| For The Year Ended 31st March 2025 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 | to | 4 |
| Affinity Fostering Services Ltd (Registered number: 08581558) |
| Balance Sheet |
| 31st March 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Capital redemption reserve |
| Retained earnings |
| The director acknowledges his 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 were approved by the director and authorised for issue on |
| Affinity Fostering Services Ltd (Registered number: 08581558) |
| Notes to the Financial Statements |
| For The Year Ended 31st March 2025 |
| 1. | STATUTORY INFORMATION |
| Affinity Fostering Services Ltd is a |
| Registered number: |
| Registered office: |
| 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 |
| 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, value added tax and other sales taxes. |
| Turnover is represented by 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 |
| Fixtures and fittings | - |
| Office equipment | - |
| 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. |
| Affinity Fostering Services Ltd (Registered number: 08581558) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31st March 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Office |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1st April 2024 |
| Additions |
| At 31st March 2025 |
| DEPRECIATION |
| At 1st April 2024 |
| Charge for year |
| At 31st March 2025 |
| NET BOOK VALUE |
| At 31st March 2025 |
| At 31st March 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 7. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2025 | 2024 |
| £ | £ |
| Within one year |
| Affinity Fostering Services Ltd (Registered number: 08581558) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31st March 2025 |
| 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. |