Diverse Fostering Limited 31/12/2025 iXBRL

Company registration number: 11714727

Diverse Fostering Limited

Unaudited filleted financial statements

31 December 2025

Diverse Fostering Limited

Contents

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Diverse Fostering Limited

Statement of financial position

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	725,278		776,867
		_______		_______
			725,278		776,867

Current assets
Debtors	6	217,663		230,376
Cash at bank and in hand		542,192		285,790
		_______		_______
		759,855		516,166
Creditors: amounts falling due
within one year	7	( 138,209)		( 53,477)
		_______		_______
Net current assets			621,646		462,689
			_______		_______
Total assets less current liabilities			1,346,924		1,239,556

Creditors: amounts falling due
after more than one year	8		( 288,786)		( 332,136)
			_______		_______
Net assets			1,058,138		907,420
			_______		_______

Capital and reserves
Called up share capital			180		180
Share premium account			119,940		119,940
Revaluation reserve			141,753		141,753
Profit and loss account			796,265		645,547
			_______		_______
Shareholders funds			1,058,138		907,420
			_______		_______

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.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 22 September 2026 , and are signed on behalf of the board by:

Mr A Jenkinson

Director

Company registration number: 11714727

Diverse Fostering Limited

Statement of changes in equity

Year ended 31 December 2025

	Called up share capital	Share premium account	Revaluation reserve	Profit and loss account	Total
	£	£	£	£	£


At 1 January 2024	180	119,940	-	326,558	446,678

Profit for the year				318,989	318,989
Other comprehensive income for the year:
Revaluation of tangible assets			141,753		141,753
	_______	_______	_______	_______	_______
Total comprehensive income for the year	-	-	141,753	318,989	460,742

	_______	_______	_______	_______	_______
At 31 December 2024 and 1 January 2025	180	119,940	141,753	645,547	907,420

Profit for the year				210,718	210,718
	_______	_______	_______	_______	_______
Total comprehensive income for the year	-	-	-	210,718	210,718

Dividends paid and payable				( 60,000)	( 60,000)
	_______	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	-	( 60,000)	( 60,000)

	_______	_______	_______	_______	_______
At 31 December 2025	180	119,940	141,753	796,265	1,058,138
	_______	_______	_______	_______	_______

Diverse Fostering Limited

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 1 Commerce Street, Stoke on Trent, Staffordshire, ST3 1NW.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. 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 is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	25 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2024: 8 ).

5. Tangible assets

	Freehold property	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 January 2025	500,000	72,321	279,800	852,121
Additions	-	11,130	-	11,130
Disposals	-	( 3,666)	-	( 3,666)
	_______	_______	_______	_______
At 31 December 2025	500,000	79,785	279,800	859,585
	_______	_______	_______	_______
Depreciation
At 1 January 2025	-	16,962	58,292	75,254
Charge for the year	-	15,531	46,147	61,678
Disposals	-	( 2,625)	-	( 2,625)
	_______	_______	_______	_______
At 31 December 2025	-	29,868	104,439	134,307
	_______	_______	_______	_______
Carrying amount
At 31 December 2025	500,000	49,917	175,361	725,278
	_______	_______	_______	_______
At 31 December 2024	500,000	55,359	221,508	776,867
	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	217,543	230,256
Other debtors	120	120
	_______	_______
	217,663	230,376
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	12,624	12,441
Corporation tax	87,410	3,519
Social security and other taxes	-	630
Other creditors	38,175	36,887
	_______	_______
	138,209	53,477
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	151,960	161,502
Other creditors	136,826	170,634
	_______	_______
	288,786	332,136
	_______	_______

The bank loan is secured against the freehold property.

Included within creditors: amounts falling due after more than one year is an amount of £ 137,684 (2024 £ 141,185 ) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

Bank loan repayable monthly with an interest rate of 7.25%.