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Registration number: 15078489

Care Success Services Ltd

Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 June 2025

 

Care Success Services Ltd

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 10

 

Care Success Services Ltd

Company Information

Director

Mrs Laureen Chinyere Akaegbu

Registered office

The Hub
1 Stanley Grove
Manchester
M12 4AA

Solicitors

Arrow Law Limited
Suite 1, Parkway Five
Parkway Business Centre
Princess Road
Manchester
M14 7HR

Bankers

Santander UK plc

Accountants

Flexibility Professional Services (UK) Ltd Cherry Tree Court
36 Ferensway
Hull
East Yorkshire
HU2 8NH

 

Care Success Services Ltd

(Registration number: 15078489)
Abridged Balance Sheet as at 30 June 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

564,808

-

Current assets

 

Debtors

243,780

100

Cash at bank and in hand

 

170,384

-

 

414,164

100

Prepayments and accrued income

 

26,709

-

Creditors: Amounts falling due within one year

(493,498)

-

Net current (liabilities)/assets

 

(52,625)

100

Total assets less current liabilities

 

512,183

100

Provisions for liabilities

(36,426)

-

Accruals and deferred income

 

(13,557)

-

Net assets

 

462,200

100

Capital and reserves

 

Called up share capital

5

100

100

Other reserves

414,512

-

Retained earnings

47,588

-

Shareholders' funds

 

462,200

100

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

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 director has not delivered to the registrar a copy of the Profit and Loss Account.

 

Care Success Services Ltd

(Registration number: 15078489)
Abridged Balance Sheet as at 30 June 2025

Approved and authorised by the director on 28 July 2025
 

.........................................
Mrs Laureen Chinyere Akaegbu
Director

 

Care Success Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

1

General information

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

The address of its registered office is:
The Hub
1 Stanley Grove
Manchester
M12 4AA
United Kingdom

These financial statements were authorised for issue by the director on 28 July 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 abridged 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 abridged 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.

Going concern

These financial statements are prepared on a going concern basis. The director has assessed whether this going concern assumption is appropriate and has taken into account all available information about the future, which is at least, but is not limited to, twelve months from the date when these financial statements are authorised for issue.

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.

 

Care Success Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

Government grants

Government grants are charged to the Profit and Loss account on accrual basis unless they are connected to an asset purchase in which case they amortised over the life of the asset. Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to the Statement of comprehensive income 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.

Tax

The tax expense for the period comprises current and deferred 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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

Properties under construction

0%

Plant and machinery

Reducing balance basis @ 20%

Motor vehicles

Reducing balance basis @ 20%

Fixtures and fittings

Reducing balance basis @ 25%

Office equipment

Reducing balance basis @ 25%

 

Care Success Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

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.

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.

 

Care Success Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

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 the director) during the year, was 52 (2024 - 1).

 

Care Success Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Properties under construction
 £

Other tangible assets
£

Total
£

Cost or valuation

Additions

61,253

161,368

380,995

27,287

630,903

Disposals

-

(65,572)

-

-

(65,572)

At 30 June 2025

61,253

95,796

380,995

27,287

565,331

Depreciation

Charge for the year

5,877

9,290

-

5,457

20,624

Eliminated on disposal

-

(20,101)

-

-

(20,101)

At 30 June 2025

5,877

(10,811)

-

5,457

523

Carrying amount

At 30 June 2025

55,376

106,607

380,995

21,830

564,808

 

Care Success Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

5

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary £1 of £1 each

100

100

100

100

       

6

Dividends

2025

2024

£

£

Interim dividend of £2,500.00 (2024 - £Nil) per ordinary share

250,000

-

 

 

7

Related party transactions

Summary of transactions with parent

Unique Care Holdings Ltd Management charges and intercompany dividends paid to parent company.

Summary of transactions with associates

LCAK Services Ltd Services and lease of property provided to the company by other group entity.

Expenditure with and payables to related parties

2025

Parent
£

Associates
£

Rendering of services

150,000

30,000

Leases

-

61,950

150,000

91,950

2024

Loans from related parties

2025

Parent
£

Total
£

Advanced

252,811

252,811

At end of period

252,811

252,811

 

Care Success Services Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2025

8

Parent and ultimate parent undertaking

The company's immediate parent is Unique Care Holdings Ltd, incorporated in England and Wales.