REGISTERED NUMBER: 05855573 (England and Wales)

Community Therapeutic Services Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Dr D Bladon-Wing

Dr E M M Bladon-Wing

REGISTERED OFFICE:

81 High Street

Worle

WESTON-SUPER-MARE

North Somerset

BS22 6ET

REGISTERED NUMBER:

05855573 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

National Westminster Bank plc

89 High Street

Weston-super-Mare

Somerset

BS23 1JW

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

2,187,445

1,813,017

Investments

7

411,811

299,283

2,599,256

2,112,300

CURRENT ASSETS

Debtors

2,214,789

1,999,060

Cash at bank and in hand

336,424

514,456

2,551,213

2,513,516

CREDITORS

Amounts falling due within one year

868,129

935,041

NET CURRENT ASSETS

1,683,084

1,578,475

TOTAL ASSETS LESS CURRENT LIABILITIES

4,282,340

3,690,775

CREDITORS

Amounts falling due after more than one year

8

(313,164

)

(354,885

)

PROVISIONS FOR LIABILITIES

(55,248

)

(63,965

)

NET ASSETS

3,913,928

3,271,925

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Retained earnings

3,911,928

3,269,925

SHAREHOLDERS' FUNDS

3,913,928

3,271,925

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2025 and were signed on its behalf by:

Dr E M M Bladon-Wing - Director

1.	STATUTORY INFORMATION

Community Therapeutic Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Community Therapeutic Services Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, was amortised evenly over its estimated useful life of two years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

2% on cost

Plant and machinery etc

-

50% on cost, 33% on cost, 25% on cost and 25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 156 (2024 - 137 ) .

5.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

80,000

AMORTISATION

At 1 April 2024

and 31 March 2025

80,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

6.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

2,905,354

Additions

485,783

Disposals

(9,779

)

At 31 March 2025

3,381,358

DEPRECIATION

At 1 April 2024

1,092,337

Charge for year

110,044

Eliminated on disposal

(8,468

)

At 31 March 2025

1,193,913

NET BOOK VALUE

At 31 March 2025

2,187,445

At 31 March 2024

1,813,017

Included in cost of land and buildings is freehold land of £ 34,000 (2024 - £ 34,000 ) which is not depreciated.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 April 2024

and 31 March 2025

31,555

DEPRECIATION

At 1 April 2024

15,285

Charge for year

4,068

At 31 March 2025

19,353

NET BOOK VALUE

At 31 March 2025

12,202

At 31 March 2024

16,270

7.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.3.25

31.3.24

£

£

Other Investments bfwd

299,283

-

Other investments - additions

213,555

300,000

Other investments - withdrawal

(100,000

)

-

Other investments - impairment

(1,027

)

(717

)

411,811

299,283

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.3.25

31.3.24

£

£

Repayable by instalments

Bank loans

189,119

125,480

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

340,661

377,697

Hire purchase contracts

16,363

23,134

357,024

400,831

Bank loans and overdrafts are secured by a debenture and a legal charge over the property and its associated assets. The directors have also given a guarantee for £50,000.

Hire purchase agreements are secured over the asset to which they relate.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2025 and the period ended 31 March 2024:

31.3.25

31.3.24

£

£

Dr D Bladon-Wing and Dr E M M Bladon-Wing

Balance outstanding at start of year

136,286

(89,837

)

Amounts advanced

564,959

696,123

Amounts repaid

(490,000

)

(470,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

211,245

136,286

11.	ULTIMATE CONTROLLING PARTY

The company is under the joint control of its directors, D Bladon-Wing and E M M Bladon-Wing, who together, own all of the company's issued share capital.