Principal activities of the company

Lifetime Homes (Warrington) Limited (LTH) is a wholly owned subsidiary of Warrington Housing Association Limited (WHA). It is a general commercial company, limited by shares under the Companies Act 2006. LTH's vision reflects that of the parent company: 'Our vision is to work with and for our customers to help make Warrington a great place to live, in which the potential of individuals and communities can be realised.' The purpose of LTH is to further the aims and objectives of WHA by carrying out activities that directly or indirectly enhance all the businesses of the Group. LTH owns a small portfolio of properties for market rent and manages market and sub-market rent properties on behalf of third parties.

Political and charitable donations

£125k Gift Aid was due to Warrington Housing Association Limited, the parent company (2025: £133k), of which £125k was distributed (2025: £133k).

Additional information

Review of 2025-26 Market Rent Portfolio: our 4 x market rent properties in Chester Road continue to perform well financially. The quality and location of the properties ensures that they remain attractive to private renters and turnover of customers is very low. Financial Performance: The Board is reporting a profit before tax of £125k (2025: £133k). Following the Gift Aid distribution, reserves have remained at £30k (2025: £30k). Future Plans: The Business Plan of the Parent Company has been updated for 2026-27 and this has been reflected in LTH's own Business Plan: 'Our vision is to create welcoming homes for all, where customers and communities feel safe and supported.' LTH has the following business objectives for the coming year: Continue to manage LTH's established market rent portfolio, ensuring high-quality, compliant services that meet private rented sector needs. Maintain effective management of market rent and affordable rent properties for third parties, ensuring consistent service standards and clear communication. Embed the long-term management of third-party properties within LTH, strengthening assurance and performance reporting. Pursue proportionate and sustainable growth opportunities aligned with LTH's strategic and financial capacity. Regularly review the governance relationship between the parent company and LTH to ensure clarity, appropriate independence and proportionate assurance. Insurance policies are in place that indemnify board members and directors against liability when acting for LTH. Statement of Directors' responsibilities: The Directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable laws and regulations. Company law requires the Directors to prepare financial statement for each financial year. Under that law the Directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdome Accounting Standards and applicable law), including Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'. Under company law, the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing those financial statements, the Directors are required to: Select suitable accounting policies and then apply them consistently Make judgements and accounting estimates that are reasonable and prudent and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable it to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. So far as each of the directors at the time the report is approved are aware: There is no relevant audit information of which the company's auditor is unaware; and The Directors have taken all steps that they ought to have taken as Directors in order to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information. Going Concern LTH had net current liabilities of £118k at 31 March 2026 (2025: £79k). The Directors have considered this position as part of their assessment of the Company's ability to continue as a going concern. The majority of LTH's turnover is generated from a stand-alone contractual arrangement that continues to deliver positive operating surpluses and cash inflows. Financial forecasts and cash flow projections demonstrate that the Company is expected to remain profitable and meet its liabilities as they fall due, without requiring financial support from the parent company, WHA. The Directors have also considered the potential loss or non-renewal of contracts. Given the nature of the Company's operations, there are no significant long-term commitments that would prevent and orderly cessation of activities if required, and appropriate exit strategies have been identified. Having considered current trading, contracted income and forecast cash flows, the Directors have a reasonable expectation that the Company had adequate resources to continue in operational existence for at least twelve months from the approval of these financial statements. Accordingly, the going concern basis has been adopted in preparing the financial statements. Financial forecasts for the next five years have been prepared. Annual General Meeting The annual general meeting will be held on 16 September 2026. Auditors A resolution to reappoint RSM UK Audit LLP will be proposed at the forthcoming annual general meeting. In preparing this report, the Directors have taken advantage of the small companies exemptions provided by part 15 of the Companies Act 2006.

This report was approved by the board of directors on 16 September 2026
and signed on behalf of the board by:

Name: Jimmy Overill
Status: Director