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REGISTERED NUMBER: 04593128 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CARELINK HOMECARE SERVICES LIMITED

CARELINK HOMECARE SERVICES LIMITED (REGISTERED NUMBER: 04593128)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


CARELINK HOMECARE SERVICES LIMITED (REGISTERED NUMBER: 04593128)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 306,312 313,673
306,312 313,673

CURRENT ASSETS
Debtors 6 236,141 261,639
Cash at bank 65,626 38,842
301,767 300,481
CREDITORS
Amounts falling due within one year 7 262,174 262,304
NET CURRENT ASSETS 39,593 38,177
TOTAL ASSETS LESS CURRENT
LIABILITIES

345,905

351,850

CREDITORS
Amounts falling due after more than one
year

8

186,029

201,417
NET ASSETS 159,876 150,433

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 159,875 150,432
159,876 150,433

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CARELINK HOMECARE SERVICES LIMITED (REGISTERED NUMBER: 04593128)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 March 2025 and were signed by:





Mrs E M Phillips - Director


CARELINK HOMECARE SERVICES LIMITED (REGISTERED NUMBER: 04593128)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Carelink Homecare Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04593128

Registered office: Glaslyn
Ffordd Y Parc
Parc Menai
Bangor
Gwynedd
LL57 4FE

The presentation currency of the financial statements is the Pound Sterling (£).


2. 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 represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been amortised evenly over its estimated useful life of twenty years.

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.
Freehold property - 2% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


CARELINK HOMECARE SERVICES LIMITED (REGISTERED NUMBER: 04593128)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued
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
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 122 (2023 - 113 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 80,000
AMORTISATION
At 1 January 2024
and 31 December 2024 80,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

CARELINK HOMECARE SERVICES LIMITED (REGISTERED NUMBER: 04593128)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 359,740 47,262 407,002
Additions - 1,719 1,719
Disposals - (999 ) (999 )
At 31 December 2024 359,740 47,982 407,722
DEPRECIATION
At 1 January 2024 50,354 42,975 93,329
Charge for year 7,195 1,885 9,080
Eliminated on disposal - (999 ) (999 )
At 31 December 2024 57,549 43,861 101,410
NET BOOK VALUE
At 31 December 2024 302,191 4,121 306,312
At 31 December 2023 309,386 4,287 313,673

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 84,252 75,593
Accrued income 147,441 182,372
Other debtors 4,448 3,674
236,141 261,639

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 15,151 23,598
Taxation and social security 115,598 107,748
Other creditors 131,425 130,958
262,174 262,304

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 179,900 184,944
Other creditors 6,129 16,473
186,029 201,417

CARELINK HOMECARE SERVICES LIMITED (REGISTERED NUMBER: 04593128)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 86,807 57,993

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 195,051 208,542

The bank overdraft is secured by a fixed and floating charge over the assets of the company.

The bank loan is secured by a fixed charge over the freehold property.