Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-312024-04-01falseSocial work activities.8171falsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07119584 2024-04-01 2025-03-31 07119584 2023-04-01 2024-03-31 07119584 2025-03-31 07119584 2024-03-31 07119584 c:Director1 2024-04-01 2025-03-31 07119584 d:Buildings d:LongLeaseholdAssets 2024-04-01 2025-03-31 07119584 d:Buildings d:LongLeaseholdAssets 2025-03-31 07119584 d:Buildings d:LongLeaseholdAssets 2024-03-31 07119584 d:MotorVehicles 2024-04-01 2025-03-31 07119584 d:MotorVehicles 2025-03-31 07119584 d:MotorVehicles 2024-03-31 07119584 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07119584 d:FurnitureFittings 2024-04-01 2025-03-31 07119584 d:FurnitureFittings 2025-03-31 07119584 d:FurnitureFittings 2024-03-31 07119584 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07119584 d:OfficeEquipment 2024-04-01 2025-03-31 07119584 d:OfficeEquipment 2025-03-31 07119584 d:OfficeEquipment 2024-03-31 07119584 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07119584 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07119584 d:Goodwill 2024-04-01 2025-03-31 07119584 d:Goodwill 2025-03-31 07119584 d:Goodwill 2024-03-31 07119584 d:CurrentFinancialInstruments 2025-03-31 07119584 d:CurrentFinancialInstruments 2024-03-31 07119584 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 07119584 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07119584 d:ShareCapital 2025-03-31 07119584 d:ShareCapital 2024-03-31 07119584 d:RetainedEarningsAccumulatedLosses 2025-03-31 07119584 d:RetainedEarningsAccumulatedLosses 2024-03-31 07119584 c:FRS102 2024-04-01 2025-03-31 07119584 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07119584 c:FullAccounts 2024-04-01 2025-03-31 07119584 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07119584 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 07119584 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 07119584 d:Goodwill d:OwnedIntangibleAssets 2024-04-01 2025-03-31 07119584 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 07119584









1ST HOMECARE SOLUTIONS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
1ST HOMECARE SOLUTIONS LIMITED
REGISTERED NUMBER: 07119584

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Intangible assets
 4 
85,131
106,415

Tangible assets
 5 
8,997
10,299

  
94,128
116,714

Current assets
  

Debtors: amounts falling due within one year
 6 
210,636
271,313

Cash at bank and in hand
 7 
22,681
24,611

  
233,317
295,924

Creditors: amounts falling due within one year
 8 
(235,429)
(215,977)

Net current (liabilities)/assets
  
 
 
(2,112)
 
 
79,947

Total assets less current liabilities
  
92,016
196,661

Provisions for liabilities
  

Deferred tax
 9 
(273)
(273)

  
 
 
(273)
 
 
(273)

Net assets
  
91,743
196,388


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
91,643
196,288

  
91,743
196,388


Page 1

 
1ST HOMECARE SOLUTIONS LIMITED
REGISTERED NUMBER: 07119584
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 June 2025.




................................................
J R A Rennison
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
1ST HOMECARE SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

1st Homecare Solutions Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is Unit 5a Ridgeway Court, Leighton Buzzard, Bedfordshire, LU7 4SF.
The company's principal activity is the provision of care services. 
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

Page 3

 
1ST HOMECARE SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 4

 
1ST HOMECARE SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.6

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
2% straight line
Motor vehicles
-
20% straight line
Fixtures and fittings
-
20% straight line
Computer equipment
-
33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 5

 
1ST HOMECARE SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 81 (2024 - 71).

Page 6

 
1ST HOMECARE SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Intangible assets




Goodwill

£



Cost


At 1 April 2024
212,829



At 31 March 2025

212,829



Amortisation


At 1 April 2024
106,415


Charge for the year on owned assets
21,283



At 31 March 2025

127,698



Net book value



At 31 March 2025
85,131



At 31 March 2024
106,415



Page 7

 
1ST HOMECARE SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


Tangible fixed assets





Long-term leasehold property
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 April 2024
1,744
21,008
9,356
15,087
47,195


Additions
-
3,749
-
3,972
7,721


Disposals
-
(9,301)
-
-
(9,301)



At 31 March 2025

1,744
15,456
9,356
19,059
45,615



Depreciation


At 1 April 2024
314
13,090
9,278
14,214
36,896


Charge for the year on owned assets
35
2,209
39
1,740
4,023


Disposals
-
(4,301)
-
-
(4,301)



At 31 March 2025

349
10,998
9,317
15,954
36,618



Net book value



At 31 March 2025
1,395
4,458
39
3,105
8,997



At 31 March 2024
1,430
7,918
78
873
10,299


6.


Debtors

2025
2024
£
£


Trade debtors
159,286
161,442

Amounts owed by group undertakings
50
78,631

Other debtors
3,356
8,287

Prepayments and accrued income
47,944
22,953

210,636
271,313


Page 8

 
1ST HOMECARE SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

7.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
22,681
24,611

22,681
24,611



8.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
29,815
23,160

Amounts owed to group undertakings
67,105
-

Corporation tax
8,077
39,399

Other taxation and social security
23,663
27,920

Other creditors
51,757
80,580

Accruals and deferred income
55,012
44,918

235,429
215,977



9.


Deferred taxation




2025


£






At beginning of year
(273)



At end of year
(273)

The provision for deferred taxation is made up as follows:

2025
2024
£
£


Accelerated capital allowances
(273)
(273)

(273)
(273)

Page 9

 
1ST HOMECARE SOLUTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £20,387 (2024: £22,093). Contributions totalling £5,422 (2024: £5,387) were payable to the fund at the balance sheet date and are included in creditors.


11.


Related party transactions

At the balance sheet date the company owed £67,055 (2024: was owed £78,631 by) to the companies under common control.


12.


Controlling party

The company is controlled by John Rennison Limited, a company incorporated in England and Wales.

 
Page 10