REGISTERED NUMBER: 13907585 (England and Wales)

Financial Statements

for the Year Ended 31 July 2025

for

Syson Limited

Trading as

Home Instead Mansfield

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R C Stanton

Mrs S Stanton

REGISTERED OFFICE:

Suite 4b, Birch House

Ransom Wood Business Park Southwell Road

Rainworth

Mansfield

Nottinghamshire

NG21 0HJ

REGISTERED NUMBER:

13907585 (England and Wales)

ACCOUNTANTS:

RAA North East Ltd

Suite 4, 10/12 The Grove,

Ilkley

West Yorkshire

LS29 9EG

Fixed assets

Intangible assets

3

34,440

39,360

Tangible assets

4

4,152

4,688

38,592

44,048

Current assets

Debtors

5

89,638

50,798

Cash at bank

24,828

7,475

114,466

58,273

Creditors

Amounts falling due within one year

6

(153,990

)

(127,527

)

Net current liabilities

(39,524

)

(69,254

)

Total assets less current liabilities

(932

)

(25,206

)

Creditors

Amounts falling due after more than one year

7

(29,551

)

(56,764

)

Provisions for liabilities

9

(789

)

(1,226

)

Net liabilities

(31,272

)

(83,196

)

Capital and reserves

Called up share capital

10

100

100

Retained earnings

11

(31,372

)

(83,296

)

Shareholders' funds

(31,272

)

(83,196

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

Mrs S Stanton - Director

R C Stanton - Director

1.	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.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

TANGIBLE FIXED ASSETS

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

Fixtures and fittings

-

20% on cost

Computer equipment

-

25% on 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.

GOING CONCERN

The accounts are prepared on the basis that the directors of the company have agreed they will not withdraw funds until the company has the available profits and cash flow and they continue to support the company for the foreseeable future.

At the balance sheet date, liabilities exceed assets by £30,173 (2024 : £83,196). However the financial statements have been prepared on a going concern basis as the company has the continuing support from its directors and majority shareholders.

The directors are therefore satisfied that the financial statements have been correctly prepared on the going concern basis. The directors' are confident that the accounts will continue to show profits in the year ended 31st July 2026.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2024 - 21 ) .

3.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 August 2024

and 31 July 2025

49,200

AMORTISATION

At 1 August 2024

9,840

Amortisation for year

4,920

At 31 July 2025

14,760

NET BOOK VALUE

At 31 July 2025

34,440

At 31 July 2024

39,360

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 August 2024

6,048

1,891

7,939

Additions

-

1,636

1,636

At 31 July 2025

6,048

3,527

9,575

DEPRECIATION

At 1 August 2024

2,410

841

3,251

Charge for year

1,268

904

2,172

At 31 July 2025

3,678

1,745

5,423

NET BOOK VALUE

At 31 July 2025

2,370

1,782

4,152

At 31 July 2024

3,638

1,050

4,688

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,629

1,051

Other debtors

8,000

6,000

Rent deposits

1,485

-

Accrued income

74,524

43,747

89,638

50,798

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans (see note 8)

91,650

87,150

Trade creditors

1,674

1,234

Social security and other tax

10,457

8,824

Pensions

1,690

1,134

Other creditors

43,200

29,170

Directors' current accounts

5,307

1

Accrued expenses

12

14

153,990

127,527

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loan

29,551

56,764

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Other loans

57,688

53,188

Bank Loan

33,962

33,962

91,650

87,150

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

789

1,226

Deferred

tax

£

Balance at 1 August 2024

1,226

Credit to Income Statement during year

(437

)

Balance at 31 July 2025

789

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary share

£1

100

100

11.

RESERVES

Retained

earnings

£

At 1 August 2024

(83,296

)

Profit for the year

51,924

At 31 July 2025

(31,372

)

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

No dividends were paid to the directors' through the year to 31st July 2025. The company owed the directors’ £5,306 as at 31st July 2025 (£1 as at 31st July 2024).

13.	RELATED PARTY DISCLOSURES

The company owed an amount of £57,688 to a related party as at 31st July 2025 (2024 - £53,188). The directors' own 100% of the issued share capital of the related party company.