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Registered number: 03798716
The Side by Side Partnership Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Advoco (SW) Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03798716
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 50,936 49,917
Investment Properties 5 3,114,807 3,114,807
3,165,743 3,164,724
CURRENT ASSETS
Debtors 6 172,975 341,477
Cash at bank and in hand 4,417 735
177,392 342,212
Creditors: Amounts Falling Due Within One Year 7 (76,069 ) (45,589 )
NET CURRENT ASSETS (LIABILITIES) 101,323 296,623
TOTAL ASSETS LESS CURRENT LIABILITIES 3,267,066 3,461,347
Creditors: Amounts Falling Due After More Than One Year 8 (2,831,246 ) (3,112,461 )
NET ASSETS 435,820 348,886
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 930,184 930,184
Profit and Loss Account (494,464 ) (581,398 )
SHAREHOLDERS' FUNDS 435,820 348,886
Page 1
Page 2
For the year ending 31 December 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David Scadden
Director
3 August 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Side by Side Partnership Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03798716 . The registered office is Middle Farm Barns, Middle Farm Way Poundbury, Dorchester, Dorset, DT1 3WA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 33% on reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2024: 14)
14 14
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2025 75,809 33,883 164,883 14,181 288,756
Additions 5,860 - - - 5,860
As at 31 December 2025 81,669 33,883 164,883 14,181 294,616
Depreciation
As at 1 January 2025 52,198 26,487 151,518 8,636 238,839
Provided during the period 2,100 1,200 942 599 4,841
As at 31 December 2025 54,298 27,687 152,460 9,235 243,680
Net Book Value
As at 31 December 2025 27,371 6,196 12,423 4,946 50,936
As at 1 January 2025 23,611 7,396 13,365 5,545 49,917
5. Investment Property
2025
£
Fair Value
As at 1 January 2025 and 31 December 2025 3,114,807
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 172,975 141,134
Prepayments and accrued income - 200,343
172,975 341,477
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 6,559 6,608
Bank loans and overdrafts 34,664 12,691
Corporation tax liability 16,892 -
Social security and other tax 3,276 5,515
Other creditors 221 -
Accrued expenses 14,457 20,775
76,069 45,589
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 3,759 35,970
Other loans 1,689,901 1,741,162
Inter - company TE Childcare - 144,599
Intercompany Sunny Day 1,013,373 983,426
S D Nursery Ltd - 171,909
Directors' loan account 124,213 35,395
2,831,246 3,112,461
9. Share Capital
2025 2024
Allotted, called up but not fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
10. Reserves
Revaluation Reserve
£
As at 1 January 2025 930,184
As at 31 December 2025 930,184
Page 5