Supported Living Services (Northampton) Ltd


Directors	Mr DR Ashforth
	Mr M Watkins


Registered Address	35 Church Street
	Rothersthorpe
	Northampton
	NN7 3JD


Place of Business	5 Broadway
	Northampton
	NN1 4SF


Registered Number	11471592 (England and Wales)

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Judgements and key sources of estimation uncertainty
	In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations 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 if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations 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 if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Finance costs
	Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	10	-
Plant and machinery	25	-
Vehicles	-	3
Office Equipment	25	-

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	21		15

3.	Deferred tax
	Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 August 24	800,000	66,424	111,014	10,756	988,194
Additions	317,085	1,572	95,518	3,460	417,635
Revaluations	40,000	-	-	-	40,000
At 31 July 25	1,157,085	67,996	206,532	14,216	1,445,829
Depreciation and impairment
At 01 August 24	61,935	17,893	6,167	6,415	92,410
Charge for year	19,242	12,215	63,733	1,755	96,945
At 31 July 25	81,177	30,108	69,900	8,170	189,355
Net book value
At 31 July 25	1,075,908	37,888	136,632	6,046	1,256,474
At 31 July 24	738,065	48,531	104,847	4,341	895,784

5.	Revaluation of property, plant and equipment
	The directors have reviewed the property value and determined that a revaluation is appropriate for the current year. The properties have been revalued by £40,000 at the balance sheet date to reflect their current fair value. This revaluation has been documented in accordance with accounting standards and it is reflected in the financial statements for the year ended 31 July 2025.

		2025		2024
		£		£
	Land and buildings	40,000		-

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	32,936	18,404
Prepayments and accrued income	4,188	1,903
Total	37,124	20,307

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	5,684	1,872
Bank borrowings and overdrafts	45,270	33,385
Taxation and social security	37,483	35,846
Finance lease and HP contracts	33,218	13,418
Other creditors	174,216	230,976
Total	295,871	315,497


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	506,237	246,481
Other creditors	173,415	123,675
Total	679,652	370,156

9.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	206,633		137,094


	Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

10.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	55,142	30,386
Total	55,142	30,386

11.	Revaluation reserve


		£
	Reserve at 01 August 24	51,750
	Revaluations of plant, property and equipment	40,000
	Revaluations of other assets	(1,725)
	Deferred Tax on Revaluations	(10,000)
	At 31 July 25	80,025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		1,256,474		895,784
			1,256,474		895,784
Current assets
Debtors	6	37,124		20,307
Cash at bank and on hand		62,980		71,457
		100,104		91,764
Creditors amounts falling due within one year	7	(295,871)		(315,497)
Net current assets (liabilities)			(195,767)		(223,733)
Total assets less current liabilities			1,060,707		672,051
Creditors amounts falling due after one year	8		(679,652)		(370,156)
Provisions for liabilities	10		(55,142)		(30,386)
Net assets			325,913		271,509
Capital and reserves
Called up share capital			100		100
Revaluation reserve			80,025		51,750
Profit and loss account			245,788		219,659
Shareholders' funds	11		325,913		271,509