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Company Registration No. 06885977 (England and Wales)
Libertas Care Limited Unaudited accounts for the year ended 31 March 2025
Libertas Care Limited Unaudited accounts Contents
Page
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Libertas Care Limited Company Information for the year ended 31 March 2025
Directors
P Clarke N Atkinson
Company Number
06885977 (England and Wales)
Registered Office
3 The Barley Yard Old Mill Lane Crewkerne Somerset TA18 7BQ
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Libertas Care Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,001 
2,902 
Current assets
Inventories
450 
450 
Debtors
46,725 
82,699 
Cash at bank and in hand
80,836 
15,130 
128,011 
98,279 
Creditors: amounts falling due within one year
(61,004)
(39,115)
Net current assets
67,007 
59,164 
Total assets less current liabilities
70,008 
62,066 
Provisions for liabilities
Deferred tax
(570)
(769)
Net assets
69,438 
61,297 
Capital and reserves
Called up share capital
40,100 
40,100 
Profit and loss account
29,338 
21,197 
Shareholders' funds
69,438 
61,297 
For the year ending 31 March 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2025 and were signed on its behalf by
N Atkinson Director Company Registration No. 06885977
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Libertas Care Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Libertas Care Limited is a private company, limited by shares, registered in England and Wales, registration number 06885977. The registered office is 3 The Barley Yard, Old Mill Lane, Crewkerne, Somerset, TA18 7BQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% straight line
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Libertas Care Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2024
37,599 
Additions
1,527 
At 31 March 2025
39,126 
Depreciation
At 1 April 2024
34,697 
Charge for the year
1,428 
At 31 March 2025
36,125 
Net book value
At 31 March 2025
3,001 
At 31 March 2024
2,902 
5
Operating lease commitments
2025 
2024 
£ 
£ 
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
940 
1,808 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Director loan account
4,280 
22,312 
35,529 
(8,937)
Director loan account
29,776 
15,743 
31,049 
14,470 
34,056 
38,055 
66,578 
5,533 
Interest was charged on the overdrawn director loan accounts at the official rate.
7
Average number of employees
During the year the average number of employees was 30 (2024: 31).
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