Caseware UK (AP4) 2023.0.135 2023.0.135 2025-03-312025-03-31No description of principal activity222024-04-01false22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05010250 2024-04-01 2025-03-31 05010250 2023-04-01 2024-03-31 05010250 2025-03-31 05010250 2024-03-31 05010250 c:CompanySecretary1 2024-04-01 2025-03-31 05010250 c:Director1 2024-04-01 2025-03-31 05010250 c:Director2 2024-04-01 2025-03-31 05010250 c:RegisteredOffice 2024-04-01 2025-03-31 05010250 c:Agent1 2024-04-01 2025-03-31 05010250 d:PlantMachinery 2024-04-01 2025-03-31 05010250 d:PlantMachinery 2025-03-31 05010250 d:PlantMachinery 2024-03-31 05010250 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05010250 d:FurnitureFittings 2024-04-01 2025-03-31 05010250 d:FurnitureFittings 2025-03-31 05010250 d:FurnitureFittings 2024-03-31 05010250 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05010250 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05010250 d:Goodwill 2025-03-31 05010250 d:Goodwill 2024-03-31 05010250 d:CurrentFinancialInstruments 2025-03-31 05010250 d:CurrentFinancialInstruments 2024-03-31 05010250 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 05010250 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 05010250 d:ShareCapital 2025-03-31 05010250 d:ShareCapital 2024-03-31 05010250 d:RetainedEarningsAccumulatedLosses 2025-03-31 05010250 d:RetainedEarningsAccumulatedLosses 2024-03-31 05010250 c:FRS102 2024-04-01 2025-03-31 05010250 c:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 05010250 c:FullAccounts 2024-04-01 2025-03-31 05010250 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05010250 d:Subsidiary1 2024-04-01 2025-03-31 05010250 d:Subsidiary1 1 2024-04-01 2025-03-31 05010250 6 2024-04-01 2025-03-31 05010250 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 05010250









BPS CARE HOMES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

 
BPS CARE HOMES LIMITED
 
 
COMPANY INFORMATION


Directors
Mr B Balendra 
Mrs S Balendra 




Company secretary
Mrs S Balendra



Registered number
05010250



Registered office
Tasker House
160 Westfield Road

Wellingborough

Northamptonshire

NN8 3HX




Trading Address
Redcliffe Care Home
1 Pightles Terrace

Rushden

Northamptonshire

NN10 0LN






Accountants
Ashon
Chartered Accountants

Tudor Cottage

Overstream

Loudwater

Rickmansworth

Hertfordshire

WD3 4LD




Bankers
National Westminster Bank plc
315 Station Road

Harrow

Middlesex

HA1 2AD





 
BPS CARE HOMES LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BPS CARE HOMES LIMITED
FOR THE YEAR ENDED 31 MARCH 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of BPS Care Homes Limited for the year ended 31 March 2025 which comprise  the Statement of Financial Position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of BPS Care Homes Limited, as a body, in accordance with the terms of our engagement letter dated 27 July 2017Our work has been undertaken solely to prepare for your approval the financial statements of BPS Care Homes Limited and state those matters that we have agreed to state to the Board of Directors of BPS Care Homes Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BPS Care Homes Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that BPS Care Homes Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of BPS Care Homes Limited. You consider that BPS Care Homes Limited is exempt from the statutory audit requirement for the year.

  





Ashon
Chartered Accountants
Tudor Cottage
Overstream
Loudwater
Rickmansworth
Hertfordshire
WD3 4LD
16 June 2025
Page 1

 
BPS CARE HOMES LIMITED
REGISTERED NUMBER: 05010250

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 5 
123,736
124,836

Investments
 6 
329,801
329,801

  
453,537
454,637

Current assets
  

Debtors: amounts falling due within one year
 7 
19,644
31,804

Cash at bank and in hand
 8 
196,554
208,378

  
216,198
240,182

Creditors: amounts falling due within one year
 9 
(248,584)
(229,155)

Net current (liabilities)/assets
  
 
 
(32,386)
 
 
11,027

Total assets less current liabilities
  
421,151
465,664

  

Net assets
  
421,151
465,664

Page 2

 
BPS CARE HOMES LIMITED
REGISTERED NUMBER: 05010250
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
420,151
464,664

  
421,151
465,664


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 income and retained earnings 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 16 June 2025.




................................................
Mr B Balendra
Director

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
BPS CARE HOMES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

The company is a private company lmited by share capital, incorporated in England & Wales. The
company number and registered office address are:
Company number:                 05010250
Registered office address: Tasker House
                                              160 Westfield Road
                                               Wellingborough
                                               Northamptonshire
                                               NN8 3HX

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

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

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.

Page 4

 
BPS CARE HOMES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant & machinery
-
15%
Fixtures & fittings
-
15%

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.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.7

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.

 
2.8

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.

Page 5

 
BPS CARE HOMES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.9

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.

 
2.10

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.

 
2.11

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.12

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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.13

Taxation

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 reporting date in the countries where the Company operates and generates income.



3.


Employees

The average monthly number of employees, including directors, during the year was 22 (2024 - 22).

Page 6

 
BPS CARE HOMES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Intangible assets




Goodwill

£



Cost


At 1 April 2024
255,000



At 31 March 2025

255,000



Amortisation


At 1 April 2024
255,000



At 31 March 2025

255,000



Net book value



At 31 March 2025
-



At 31 March 2024
-



Page 7

 
BPS CARE HOMES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


Tangible fixed assets





Plant & machinery
Fixtures & fittings
Total

£
£
£



Cost or valuation


At 1 April 2024
212,600
4,835
217,435



At 31 March 2025

212,600
4,835
217,435



Depreciation


At 1 April 2024
87,765
4,834
92,599


Charge for the year on owned assets
1,100
-
1,100



At 31 March 2025

88,865
4,834
93,699



Net book value



At 31 March 2025
123,735
1
123,736



At 31 March 2024
124,835
1
124,836

Page 8

 
BPS CARE HOMES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2024
329,801



At 31 March 2025
329,801





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Class of shares

Holding

Monolace Limited
Ordinary £1
100%

The aggregate of the share capital and reserves as at 31 March 2025 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)

Monolace Limited
39,757
200,763

Page 9

 
BPS CARE HOMES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

7.


Debtors

2025
2024
£
£


Trade debtors
-
6,520

Other debtors
14,422
20,468

Prepayments and accrued income
5,222
4,816

19,644
31,804



8.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
196,554
208,378

196,554
208,378



9.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
46,790
34,949

Amounts owed to group undertakings
66,916
6,916

Corporation tax
93,713
125,150

Other taxation and social security
7,550
8,174

Other creditors
8,398
23,286

Accruals and deferred income
25,217
30,680

248,584
229,155


Incuded in other creditors ia an amount of £3,468 (2024: £8,450) due to the directors.


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 £6,774 (2024: £6,017).

 
Page 10