Company Registration No. 10060205 (England and Wales)
ST.MICHAEL'S SUPPORT LIMITED
Unaudited accounts
for the year ended 31 March 2025
ST.MICHAEL'S SUPPORT LIMITED
Unaudited accounts
Contents
ST.MICHAEL'S SUPPORT LIMITED
Company Information
for the year ended 31 March 2025
Directors
Mr Mohan Vasudeva
Miss Revinia Filip
Mr George Koonamparayil Sebastian
Company Number
10060205 (England and Wales)
Registered Office
SUITE 13 AT TCBC OFFICES, SECOND FLOOR
20-30A ABINGTON STREET
NORTHAMPTON
NN1 2AJ
ENGLAND
Accountants
R D Dattani & Co
111 Fairfax Road
Leicester
Leicestershire
LE4 9EL
ST.MICHAEL'S SUPPORT LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
40,372
46,227
Cash at bank and in hand
11,100
55,224
Creditors: amounts falling due within one year
(228,717)
(155,795)
Net current assets
223,296
228,296
Total assets less current liabilities
263,668
274,523
Creditors: amounts falling due after more than one year
(18,261)
(27,094)
Provisions for liabilities
Deferred tax
(10,699)
(11,557)
Net assets
234,708
235,872
Called up share capital
20
20
Profit and loss account
234,688
235,852
Shareholders' funds
234,708
235,872
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by
Mr Mohan Vasudeva
Director
Company Registration No. 10060205
ST.MICHAEL'S SUPPORT LIMITED
Notes to the Accounts
for the year ended 31 March 2025
ST.MICHAEL'S SUPPORT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10060205. The registered office is SUITE 13 AT TCBC OFFICES, SECOND FLOOR, 20-30A ABINGTON STREET, NORTHAMPTON, NN1 2AJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% on reducing balance basis
Fixtures & fittings
15% on reducing balance basis
Computer equipment
15% on reducing balance basis
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
ST.MICHAEL'S SUPPORT LIMITED
Notes to the Accounts
for the year ended 31 March 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
52,500
3,219
5,703
61,422
Additions
-
1,877
1,737
3,614
At 31 March 2025
52,500
5,096
7,440
65,036
At 1 April 2024
12,640
902
1,653
15,195
Charge for the year
7,972
629
868
9,469
At 31 March 2025
20,612
1,531
2,521
24,664
At 31 March 2025
31,888
3,565
4,919
40,372
At 31 March 2024
39,860
2,317
4,050
46,227
Amounts falling due within one year
Accrued income and prepayments
11,660
11,672
Other debtors
429,253
317,195
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
8,833
8,036
Trade creditors
5,917
1,220
Taxes and social security
50,884
81,056
Loans from directors
153,114
39,248
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
18,261
27,094
ST.MICHAEL'S SUPPORT LIMITED
Notes to the Accounts
for the year ended 31 March 2025
During the year, Company made advance of Total £103,025 to Directors at 2.25% and £216,891 was repaid. Interest of £2 was charged. At the year-end balance in the Directors' account was £153,114 (2024 £39,248 creditor) and included within creditors.
9
Transactions with related parties
Included in other debtors is Loan of £407,402 to associated company (Aryan Property Solutions Ltd)
10
Average number of employees
During the year the average number of employees was 11 (2024: 13).