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Company Registration No. 04985042 (England and Wales)
Maricare Limited Unaudited accounts for the year ended 31 January 2025
Maricare Limited Unaudited accounts Contents
Page
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Maricare Limited Company Information for the year ended 31 January 2025
Directors
Mr D Whitehead Mr R Clare Mrs A Clare
Company Number
04985042 (England and Wales)
Registered Office
Beech Haven Care Home 77 Burford Road Chipping Norton Oxfordshire OX7 5EE England
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Maricare Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
941,209 
978,107 
Current assets
Inventories
14,000 
14,000 
Debtors
135,084 
109,701 
Investments
98,999 
87,296 
Cash at bank and in hand
283,307 
270,725 
531,390 
481,722 
Creditors: amounts falling due within one year
(349,442)
(283,284)
Net current assets
181,948 
198,438 
Total assets less current liabilities
1,123,157 
1,176,545 
Creditors: amounts falling due after more than one year
(887,474)
(939,356)
Provisions for liabilities
Deferred tax
(68,195)
(75,206)
Net assets
167,488 
161,983 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
167,487 
161,982 
Shareholders' funds
167,488 
161,983 
For the year ending 31 January 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.
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 6 June 2025 and were signed on its behalf by
Mr R Clare Director Company Registration No. 04985042
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Maricare Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Maricare Limited is a private company, limited by shares, registered in England and Wales, registration number 04985042. The registered office is Beech Haven Care Home, 77 Burford Road, Chipping Norton, Oxfordshire, OX7 5EE, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the below rates in order to write off the assets over their estimated useful lives. Land of £400,000 is not depreciated (2024: £400,000)
Land & buildings
2% SLM
Motor vehicles
25% RBM
Fixtures & fittings
15% RBM
Goodwill
Goodwill has been included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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.
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.
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Maricare Limited Notes to the Accounts for the year ended 31 January 2025
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2024
795,000 
At 31 January 2025
795,000 
Amortisation
At 1 February 2024
795,000 
At 31 January 2025
795,000 
Net book value
At 31 January 2025
- 
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
1,204,734 
10,850 
364,458 
1,580,042 
Additions
- 
- 
723 
723 
Disposals
- 
- 
(38,315)
(38,315)
At 31 January 2025
1,204,734 
10,850 
326,866 
1,542,450 
Depreciation
At 1 February 2024
313,824 
7,417 
280,694 
601,935 
Charge for the year
16,095 
858 
14,071 
31,024 
On disposals
- 
- 
(31,718)
(31,718)
At 31 January 2025
329,919 
8,275 
263,047 
601,241 
Net book value
At 31 January 2025
874,815 
2,575 
63,819 
941,209 
At 31 January 2024
890,910 
3,433 
83,764 
978,107 
6
Inventories
2025 
2024 
£ 
£ 
Finished goods
14,000 
14,000 
14,000 
14,000 
7
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
102,517 
80,767 
Accrued income and prepayments
25,012 
26,784 
Other debtors
7,555 
2,150 
135,084 
109,701 
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Maricare Limited Notes to the Accounts for the year ended 31 January 2025
8
Investments held as current assets
2025 
2024 
£ 
£ 
Listed investments
98,999 
87,296 
9
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
52,281 
51,612 
Trade creditors
20,077 
8,999 
Taxes and social security
70,997 
72,527 
Other creditors
97,821 
59,137 
Loans from directors
14,562 
13,775 
Accruals
29,201 
19,828 
Deferred income
64,503 
57,406 
349,442 
283,284 
10
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
887,474 
939,356 
11
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
12
Average number of employees
During the year the average number of employees was 42 (2024: 45).
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