Habitation Care Ltd 10749470 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is Other business support service activities not elsewhere classified Digita Accounts Production Advanced 6.30.9574.0 true 10749470 2024-04-01 2025-03-31 10749470 2025-03-31 10749470 bus:OrdinaryShareClass1 2025-03-31 10749470 core:RetainedEarningsAccumulatedLosses 2025-03-31 10749470 core:ShareCapital 2025-03-31 10749470 core:CurrentFinancialInstruments 2025-03-31 10749470 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 10749470 core:Non-currentFinancialInstruments 2025-03-31 10749470 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 10749470 core:FurnitureFittingsToolsEquipment 2025-03-31 10749470 bus:SmallEntities 2024-04-01 2025-03-31 10749470 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10749470 bus:FilletedAccounts 2024-04-01 2025-03-31 10749470 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10749470 bus:RegisteredOffice 2024-04-01 2025-03-31 10749470 bus:CompanySecretaryDirector1 2024-04-01 2025-03-31 10749470 bus:Director2 2024-04-01 2025-03-31 10749470 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 10749470 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10749470 bus:Agent1 2024-04-01 2025-03-31 10749470 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 10749470 core:OfficeEquipment 2024-04-01 2025-03-31 10749470 countries:England 2024-04-01 2025-03-31 10749470 2024-03-31 10749470 core:FurnitureFittingsToolsEquipment 2024-03-31 10749470 2023-04-01 2024-03-31 10749470 2024-03-31 10749470 bus:OrdinaryShareClass1 2024-03-31 10749470 core:RetainedEarningsAccumulatedLosses 2024-03-31 10749470 core:ShareCapital 2024-03-31 10749470 core:CurrentFinancialInstruments 2024-03-31 10749470 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 10749470 core:Non-currentFinancialInstruments 2024-03-31 10749470 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 10749470 core:FurnitureFittingsToolsEquipment 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10749470

Habitation Care Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Habitation Care Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 8

 

Habitation Care Ltd

Company Information

Directors

Dr Sobomate Sobrasuaipiri

Mrs Asikiye Sobrasuaipiri

Company secretary

Dr Sobomate Sobrasuaipiri

Registered office

Link House Link Place
1A Upper Hollingdean Road
Brighton
BN1 7GA

Accountants

K & N Accounting Ltd 60 Windsor Avenue
London
South West London
SW19 2RR

 

Habitation Care Ltd

(Registration number: 10749470)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

525

700

Current assets

 

Debtors

5

11,592

20,000

Cash at bank and in hand

 

57,439

46,790

 

69,031

66,790

Creditors: Amounts falling due within one year

6

(18,864)

(9,473)

Net current assets

 

50,167

57,317

Total assets less current liabilities

 

50,692

58,017

Creditors: Amounts falling due after more than one year

6

(38,341)

(53,390)

Net assets

 

12,351

4,627

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

12,350

4,626

Shareholders' funds

 

12,351

4,627

For the financial 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.

Directors' responsibilities:

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

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 April 2025 and signed on its behalf by:
 

.........................................
Dr Sobomate Sobrasuaipiri
Company secretary and director

   
     
 

Habitation Care Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Link House Link Place
1A Upper Hollingdean Road
Brighton
BN1 7GA
United Kingdom

These financial statements were authorised for issue by the Board on 8 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Habitation Care Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

25% Straighline

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Habitation Care Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 20 (2024 - 20).

 

Habitation Care Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2024

2,214

2,214

At 31 March 2025

2,214

2,214

Depreciation

At 1 April 2024

1,514

1,514

Charge for the year

175

175

At 31 March 2025

1,689

1,689

Carrying amount

At 31 March 2025

525

525

At 31 March 2024

700

700

5

Debtors

Current

Note

2025
£

2024
£

Trade debtors

 

11,592

-

Amounts owed by related parties

10

-

20,000

   

11,592

20,000

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Taxation and social security

18,864

9,473

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

8

38,341

53,390

 

Habitation Care Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary of £0.01 each

100

1

100

1

       

8

Loans and borrowings

Non-current loans and borrowings

2025
£

2024
£

Bank borrowings

10,293

17,314

Other borrowings

28,048

36,076

38,341

53,390

9

Dividends

2025

2024

£

£

Final dividend of £40,000.00 (2024 - £40,000.00) per ordinary share

40,000

40,000

 

 

10

Related party transactions

 

Habitation Care Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Directors' remuneration

The directors' remuneration for the year was as follows:

2025
£

2024
£

Remuneration

25,140

25,140

Contributions paid to money purchase schemes

380

380

25,520

25,520