Charity registration number 1160053 (England and Wales)
Company registration number 09183931
SEASONS REHABILITATION CENTRE LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
SEASONS REHABILITATION CENTRE LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr H S Gill
Mr L Khera
Mr L Frost
(Appointed 25 June 2025)
Miss Sian Sanghera
(Appointed 25 June 2025)
Charity number (England and Wales)
1160053
Company number
09183931
Registered office
46-50
Lysways Street
Walsall
United Kingdom
WS1 3AQ
Auditor
bk plus Audit Limited
Azzurri House
Walsall Road
Aldridge
Walsall
England
WS9 0RB
SEASONS REHABILITATION CENTRE LIMITED
CONTENTS
Page
Trustees' report
1 - 3
Statement of trustees' responsibilities
4
Independent auditor's report
5 - 7
Statement of financial activities
8
Balance sheet
9
Statement of cash flows
10
Notes to the financial statements
11 - 19
SEASONS REHABILITATION CENTRE LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 JANUARY 2025
- 1 -

The trustees present their annual report and financial statements for the year ended 31 January 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

The charity's objective is to provide treatment for alcohol and drug addiction and there has been no change in this during the year. The treatment is provided within a residential environment which is CQC registered and regulated. Since initial registration, Seasons has been inspected once, on the 27 November 2018 and received an overall rating of Good.

Treatment programmes range from 1 week to 24 weeks, with the duration of aftercare ranging from 4 weeks to 9 months. This includes the provision of counselling, mental health care, physical health care and day care. The charity also provides aftercare support for persons that have completed their treatment programme and are transitioning back into the community.

Strategies for achieving aims and objectives

Staff are in recovery from addiction and therefore the mix of professional care delivery, high quality clinical care and empathy allows for residents to identify and meet their treatment objectives, which is abstinence from all substances following a holistic 12 step spiritual/psychological therapeutic programme.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance
Significant activities and achievements against objectives

Over the course of the year, the charity has supported 44 clients on a charitable basis. Of these, 38 clients successfully completed their personalised detoxification programmes, with approximately 78% remaining drug-free following discharge.

 

A number of former clients continue to maintain close links with the organisation, with six individuals volunteering at Seasons to ‘give back’ and gain valuable work experience within the recovery community.

The charity has continued to strengthen its partnerships with key regional and national agencies. Relationships with Walsall Council (CGL – The Beacon Integrated Substance Misuse Service) and Dudley (CGL – Atlantic House Substance Misuse Service) have developed further. The organisation also continues to work closely with the West Midlands Police Service through the Offender to Rehab programme, supporting prolific offenders into recovery.

 

This year, Seasons also onboarded with Cranstoun Recovery Services and added a new referral partner, Substance Rehabilitation, broadening our referral network and client reach. The charity remains an active participant within the CGL West Midlands and national framework.

In July, Seasons attended the Drink and Drug News Conference, hosting an information stand to raise awareness of our work and connect with sector professionals.

SEASONS REHABILITATION CENTRE LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 2 -

Significant investment has been made in improving the charity’s accommodation and facilities during the year. A new two-bedroom staff flat was opened at Spout Lane to provide additional on-site support capacity. The main centre underwent extensive redecoration, including the installation of four new windows and a new door to enhance comfort and security.

 

At 17 Hawthorne Road, a new kitchen and bathroom were fitted, along with new carpets throughout. The exterior render was also patched and repainted. Similarly, 22 Birmingham Road benefited from new garden fencing, improving both privacy and appearance.

 

Financial review

During the year the funds generated exceeded the resources expended, resulting in a surplus for the year of £21,568 (2024 - £31,151).

 

The directors and trustees are satisfied with the results for the year and expect the position to continue to improve in the forthcoming year.

 

The charity, with the aid of sound financial management and the support of both its staff and volunteers, plans to continue the activities outlined above in the forthcoming years, and hope to see improved results next year.

Going concern

At the time of approving the financial statements, with net assets of £58,218 (2024 - £36,650), the trustees have a reasonable expectation that the charity has adequate resources, together with the support of the directors, to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the Trustees annual report.

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has not been maintained throughout the year.

Principal funding sources

Income comes from 3 main sources:

1) Treatment privately funded by patients;

2) Local authorities/agents refer patients for treatment;

3) The charity funds treatment for patients.

Major risks

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Factors likely to affect future financial performance

The trustees continue to evaluate the charity's ability to continue to operate on an ongoing and foreseeable basis.

Plans for future periods

The charity continues to prioritise the wellbeing and recovery of its residents, while also investing in its properties and partnerships to ensure sustainable, high-quality services. Over the next 12 months, Seasons aims to secure further contracts and referral routes with local authorities and substance misuse treatment agencies nationwide, ensuring continued growth and the ability to help even more people achieve lasting recovery.

 

SEASONS REHABILITATION CENTRE LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 3 -
Structure, governance and management

The charity is a company limited by guarantee, incorporated on 20 August 2014 and registered as a charity on 20 January 2015. The company was established under a Memorandum of Association which established the objects and powers of the company and is governed under its Articles of Association (as amended by a Special Resolution on 4 December 2014).

 

In the event of the company being wound up, members are required to contribute an amount not exceeding £2.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr H S Gill
Mrs A Clarke
(Resigned 26 September 2025)
Mr L Khera
Mr L Frost
(Appointed 25 June 2025)
Miss Sian Sanghera
(Appointed 25 June 2025)
Recruitment and appointment of trustees

The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the Management Committee.

 

All members of the Management Committee give their time voluntarily and received no benefits from the charity.

 

The Management Committee seeks to ensure that the needs of the people the charity helps are reflected through the diversity of the trustee body.

 

The more traditional business and medical skills are well represented on the Management Committee. In an effort to maintain this broad skill mix, members of the Management Committee are requested to provide a list of their skills (and update it each year) and in the event of particular skills being lost due to retirements, individuals are approached to offer themselves for election to the Management Committee.

Organisational structure

The Rehabilitation Centre has a Management Committee of up to five members, who meet quarterly and are responsible for the strategic direction and policy of the charity. At present the Committee has five members from a variety of professional backgrounds relevant to the work of the charity.

 

The Services Manager has responsibility for the day to day operational management of the Centre, individual supervision of the staff team and also ensuring that the team continue to develop their skills and working practices in line with good practice.

Auditor

In accordance with the company's articles, a resolution proposing that bk plus Audit Limited be reappointed as auditor of the company will be put at a General Meeting.

The trustees' report was approved by the Board of Trustees.

Mr L Frost
Miss Sian Sanghera
Trustee
Trustee
22 December 2025
SEASONS REHABILITATION CENTRE LIMITED
STATEMENT OF TRUSTEES' RESPONSIBILITIES  
FOR THE YEAR ENDED 31 JANUARY 2025
- 4 -

The trustees, who are also the directors of Seasons Rehabilitation Centre Limited for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

- select suitable accounting policies and then apply them consistently;

- observe the methods and principles in the Charities SORP;

- make judgements and estimates that are reasonable and prudent;

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

SEASONS REHABILITATION CENTRE LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF SEASONS REHABILITATION CENTRE LIMITED
- 5 -

Opinion

We have audited the financial statements of Seasons Rehabilitation Centre Limited (the ‘charity’) for the year ended 31 January 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

-

give a true and fair view of the state of the charitable company's affairs as at 31 January 2025 and of its incoming resources and application of resources, for the year then ended;

-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-

have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

 

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

 

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

-

the information given in the financial statements is inconsistent in any material respect with the trustees' report; or

-

sufficient accounting records have not been kept; or

-

the financial statements are not in agreement with the accounting records; or

-

we have not received all the information and explanations we require for our audit.

SEASONS REHABILITATION CENTRE LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF SEASONS REHABILITATION CENTRE LIMITED
- 6 -
Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

 

From the preliminary of the audit, we ensure our understanding of the entity is up to date. This includes, but is not limited to, current knowledge of their activities, the business and control environments, and their compliance with the applicable legal and regulatory frameworks. This information supports our risk identification and the subsequent design of audit procedures to mitigate those risks; ensuring that the audit evidence obtained is sufficient and appropriate to support our opinion.

 

In response to the risks identified, specific to this entity, we designed procedures which included, but were not limited to:

 

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Other matters

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

This has been done in order for the financial statements to provide a true and fair view in accordance with current Generally Accepted Accounting Practice.

SEASONS REHABILITATION CENTRE LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF SEASONS REHABILITATION CENTRE LIMITED
- 7 -

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with section 391 of the Companies Act 2014. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Keval Dattani ACA (Senior Statutory Auditor)
For and on behalf of bk plus Audit Limited
Chartered Certified Accountants
Azzurri House
Walsall Road
Aldridge
Walsall
WS9 0RB
England
22 December 2025

bk plus Audit Limited is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

SEASONS REHABILITATION CENTRE LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JANUARY 2025
- 8 -
Unrestricted
Unrestricted
funds
funds
2025
2024
Notes
£
£
Income from:
Charitable activities
3
1,376,869
1,183,333
Investments
4
16
4
Total income
1,376,885
1,183,337
Expenditure on:
Raising funds
5
1,473
9,623
Charitable activities
6
1,353,844
1,142,563
Total expenditure
1,355,317
1,152,186
Net income and movement in funds
21,568
31,151
Reconciliation of funds:
Fund balances at 1 February 2024
36,650
5,499
Fund balances at 31 January 2025
58,218
36,650

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

SEASONS REHABILITATION CENTRE LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2025
31 January 2025
- 9 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
12
28,339
32,225
Current assets
Debtors
13
38,299
38,300
Cash at bank and in hand
55,142
57,563
93,441
95,863
Creditors: amounts falling due within one year
14
(56,623)
(73,732)
Net current assets
36,818
22,131
Total assets less current liabilities
65,157
54,356
Creditors: amounts falling due after more than one year
15
(6,939)
(17,706)
Net assets
58,218
36,650
The funds of the charity
Unrestricted funds
18
58,218
36,650
58,218
36,650

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 January 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 22 December 2025
Mr L Frost
Trustee
Company registration number 09183931 (England and Wales)
SEASONS REHABILITATION CENTRE LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 JANUARY 2025
- 10 -
2025
2024
Notes
£
£
£
£
Cash flows from operating activities
Cash generated from operations
20
13,890
40,924
Investing activities
Purchase of tangible fixed assets
(5,560)
(5,012)
Investment income received
16
4
Net cash used in investing activities
(5,544)
(5,008)
Financing activities
Repayment of bank loans
(10,767)
(7,465)
Net cash used in financing activities
(10,767)
(7,465)
Net (decrease)/increase in cash and cash equivalents
(2,421)
28,451
Cash and cash equivalents at beginning of year
57,563
29,112
Cash and cash equivalents at end of year
55,142
57,563
SEASONS REHABILITATION CENTRE LIMITED
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 11 -
1
Accounting policies
Charity information

Seasons Rehabilitation Centre Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 46-50, Lysways Street, Walsall, WS1 3AQ, United Kingdom.

1.1
Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
SEASONS REHABILITATION CENTRE LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 12 -
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

 

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Expenditure is accounted for on an accruals basis and has been included under expenses categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.

Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at the Headquarters. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

SEASONS REHABILITATION CENTRE LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 13 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

SEASONS REHABILITATION CENTRE LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 14 -
3
Charitable activities
2025
2024
£
£

Incoming resources within charitable activities

1,376,869
1,183,333
4
Income from investments
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Interest receivable
16
4
5
Expenditure on raising funds
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Fundraising and publicity
Advertising
1,473
9,623
SEASONS REHABILITATION CENTRE LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 15 -
6
Charitable activities

 

 

2025
2024
£
£
Staff costs
476,143
439,605
Depreciation and impairment
9,446
10,742

Food and refreshments

57,191
51,664

Rent and rates

146,008
121,378

Support services

34,661
36,228

Insurance

19,055
16,032

Heat and light

47,794
46,363

Repairs and maintenance

43,219
39,791

Printing and stationery

8,614
7,528

Telephone

7,771
9,841

Legal and professional

16,490
4,434

Sundry expenses

8,365
4,849

Bank charges and interest

1,149
1,764

Motor expenses and travelling

388
1,146

Computer expenses

-
758

Consultancy fees

267,508
141,741

Commissions

194,266
193,728
1,338,068
1,127,592
Governance costs
15,776
14,971
1,353,844
1,142,563
7
Net movement in funds
2025
2024
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements
10,080
9,600
Depreciation of owned tangible fixed assets
9,446
10,742
8
Auditor's remuneration
Fees payable to the charity's auditor and associates:
2025
2024
£
£
For audit services
Audit of the financial statements of the charity
10,080
9,600
9
Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. No expenses incurred by trustees have been reimbursed.

SEASONS REHABILITATION CENTRE LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
9
Trustees
(Continued)
- 16 -

Please refer to note 19 of the accounts for details of transactions between trustees and related parties.

10
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
24
20
Employment costs
2025
2024
£
£
Wages and salaries
446,972
410,546
Social security costs
21,164
21,250
Other pension costs
8,007
7,809
476,143
439,605
There were no employees whose annual remuneration was more than £60,000.
11
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

12
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 February 2024
110,298
Additions
5,560
At 31 January 2025
115,858
Depreciation and impairment
At 1 February 2024
78,073
Depreciation charged in the year
9,446
At 31 January 2025
87,519
Carrying amount
At 31 January 2025
28,339
At 31 January 2024
32,225
SEASONS REHABILITATION CENTRE LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 17 -
13
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
38,299
38,300
14
Creditors: amounts falling due within one year
2025
2024
Notes
£
£
Bank loans
16
10,000
10,000
Other taxation and social security
6,706
32,345
Other creditors
20,367
13,047
Accruals and deferred income
19,550
18,340
56,623
73,732
15
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans
16
6,939
17,706
16
Loans and overdrafts
2025
2024
£
£
Bank loans
16,939
27,706
Payable within one year
10,000
10,000
Payable after one year
6,939
17,706

The loan is a 6 year bounce back loan from Barclays Bank. The interest rate is fixed at 2.5%. Monthly repayments are approximately £833 per month. The loan is unsecured, but backed by government guarantee.

17
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
8,007
7,809
SEASONS REHABILITATION CENTRE LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
17
Retirement benefit schemes
(Continued)
- 18 -

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

18
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 February 2024
Incoming resources
Resources expended
At 31 January 2025
£
£
£
£
General funds
36,650
1,376,885
(1,355,317)
58,218
Previous year:
At 1 February 2023
Incoming resources
Resources expended
At 31 January 2024
£
£
£
£
General funds
5,499
1,183,337
(1,152,186)
36,650
19
Related party transactions
Transactions with related parties

During the year the charity entered into the following transactions with related parties:

Rent of £33,600 (2024 - £33,600) was paid during the year to 2SK Investments Limited, a company owned by Mr L Khera, a trustee and director of the charity.

Rent of £54,000 (2024 - £54,000) was paid to Khera & Khera Limited, a company owned by Mr L Khera, a trustee and director of the charity.

The following amounts were outstanding at the reporting end date:

Amounts owed to related parties
2025
2024
£
£
Key management personnel
20,366
13,047
20,366
13,047

Included in creditors due within one year is £20,366 (2024 - £13,047) which is owed to Mr L Khera, a director and trustee of the charity.

SEASONS REHABILITATION CENTRE LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
19
Related party transactions
(Continued)
- 19 -

The following amounts were outstanding at the reporting end date:

Amounts owed by related parties
Amounts owed by related parties
2025
2024
Balance
Net
Balance
Net
£
£
£
£
Other related parties
38,300
38,300
38,300
38,300
38,300
38,300
38,300
38,300

Included in debtors is £38,300 (2024 - £38,300) which is owed to the charity by 2SK Investments Limited, a company of which Mr L Khera is director. Mr L Khera is a trustee and director of the charity.

20
Cash generated from operations
2025
2024
£
£
Surplus for the year
21,568
31,151
Adjustments for:
Investment income recognised in statement of financial activities
(16)
(4)
Depreciation and impairment of tangible fixed assets
9,446
10,742
Movements in working capital:
Decrease in debtors
1
31,500
(Decrease) in creditors
(17,109)
(32,465)
Cash generated from operations
13,890
40,924
21
Analysis of changes in net funds
At 1 February 2024
Cash flows
At 31 January 2025
£
£
£
Cash at bank and in hand
57,563
(2,421)
55,142
Loans falling due within one year
(10,000)
-
(10,000)
Loans falling due after more than one year
(17,706)
10,767
(6,939)
29,857
8,346
38,203
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