Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31falsetruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-01-01Activities of other holding companies not elsewhere classified27false 13138207 2024-01-01 2024-12-31 13138207 2024-12-31 13138207 2023-02-01 2023-12-31 13138207 2023-12-31 13138207 c:Director1 2024-01-01 2024-12-31 13138207 d:CurrentFinancialInstruments 2024-12-31 13138207 d:CurrentFinancialInstruments 2023-12-31 13138207 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13138207 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13138207 d:ShareCapital 2024-12-31 13138207 d:ShareCapital 2023-12-31 13138207 d:RetainedEarningsAccumulatedLosses 2024-12-31 13138207 d:RetainedEarningsAccumulatedLosses 2023-12-31 13138207 c:OrdinaryShareClass1 2024-01-01 2024-12-31 13138207 c:OrdinaryShareClass1 2024-12-31 13138207 c:OrdinaryShareClass1 2023-12-31 13138207 c:FRS102 2024-01-01 2024-12-31 13138207 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13138207 c:FullAccounts 2024-01-01 2024-12-31 13138207 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13138207 4 2024-01-01 2024-12-31 13138207 6 2024-01-01 2024-12-31 13138207 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13138207


INNOVATE CARE GROUP LIMITED








UNAUDITED

PAGES FOR FILING WITH REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
INNOVATE CARE GROUP LIMITED
REGISTERED NUMBER: 13138207

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 5 
200
200

  
200
200

  

Creditors: amounts falling due within one year
 6 
(1,500)
(2,256,872)

Net current liabilities
  
 
 
(1,500)
 
 
(2,256,872)

Total assets less current liabilities
  
(1,300)
(2,256,672)

  

Net liabilities
  
(1,300)
(2,256,672)


Capital and reserves
  

Called up share capital 
 7 
111
100

Profit and loss account
  
(1,411)
(2,256,772)

  
(1,300)
(2,256,672)


Page 1

 
INNOVATE CARE GROUP LIMITED
REGISTERED NUMBER: 13138207
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers 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 director acknowledges his 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 profit and loss account 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 by 




................................................
Ben Cambage
Director
Date: 12 August 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
INNOVATE CARE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Innovate Care Group Limited  is  a  company  limited  by  shares  that  is  registered  in  England  and  Wales.  The registered  office  is 1 Vincent Square, London, SW1P 2PN and  the  company  registration  number  is 13138207.

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

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

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.


3.


Employees

2024
2023
£
£

Wages and salaries
383,549
1,376,375

383,549
1,376,375


The average monthly number of employees, including directors, during the year was 2 (2023 - 7).

Page 3

 
INNOVATE CARE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Exceptional items

2024
2023
£
£


Loan amounts written off
(2,641,310)
-

(2,641,310)
-


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
200



At 31 December 2024
200





6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to other participating interests
-
2,221,188

Other taxation and social security
-
31,589

Other creditors
-
2,595

Accruals and deferred income
1,500
1,500

1,500
2,256,872


Page 4

 
INNOVATE CARE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


Share capital

2024
2023
£
£
Authorised, allotted, called up and fully paid



1,111 (2023 - 1,000) Ordinary shares of £0.10 each
111
100


During the year, 111 ordinary shares of £0.10 each were issued fully paid for cash at par value. 


8.


Related party transactions

During the year the loan of £2,641,310 to Innovate Complex Care Services Limited was written off (excpetional item note 4), these are both companies under the control of Ben Cambage. 


9.


Controlling party

The ultimate controlling party is Ben Cambage by virtue of his 100% shareholding.


10.


Debentures

Investec Bank PLC hold a fixed and floating charge over the undertaking, encompassing all property  and assets (present and future), including goodwill, intellectual  property,  uncalled    capital,    buildings, fixtures,  fixed plant and machinery.

 
Page 5