REGISTERED NUMBER: 03528469 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Care Vending Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D T Turner

SECRETARY:

D T Turner

REGISTERED OFFICE:

18-20

High Street

Stevenage

SG1 3EJ

BUSINESS ADDRESS:

Unit 19-20 Gunnels Wood Park

Gunnels Wood Road

Stevenage

Hertfordshire

SG1 2BH

REGISTERED NUMBER:

03528469 (England and Wales)

ACCOUNTANTS:

Bracey's Accountants (Stevenage) Limited

18-20 High Street

Stevenage

Hertfordshire

SG1 3EJ

FIXED ASSETS

Tangible assets

4

839,674

895,966

CURRENT ASSETS

Stocks

191,286

157,739

Debtors

5

805,738

675,118

Prepayments and accrued income

430,037

337,613

Cash at bank

1,691,305

1,517,141

3,118,366

2,687,611

CREDITORS

Amounts falling due within one year

6

830,660

598,754

NET CURRENT ASSETS

2,287,706

2,088,857

TOTAL ASSETS LESS CURRENT LIABILITIES

3,127,380

2,984,823

PROVISIONS FOR LIABILITIES

176,093

180,869

NET ASSETS

2,951,287

2,803,954

CAPITAL AND RESERVES

Called up share capital

65

65

Retained earnings

2,951,222

2,803,889

2,951,287

2,803,954

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account and Statement of Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2025 and were signed by:

D T Turner - Director

1.	STATUTORY INFORMATION

Care Vending Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Statement of compliance

These 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 financial statements have been prepared using the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements

The preparation of the financial statements requires management to make judgements, estimates and

assumptions that affect the amounts reported. These estimates and judgements are continually

reviewed and are based on experience and other factors,

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

25% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account and Statement of Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of

business.

Trade debtors are recognised at the transaction price.

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 at the transaction price.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2024 - 36 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

30,986

1,969,996

5,240

1,018,805

3,025,027

Additions

-

219,501

-

118,760

338,261

Disposals

-

-

-

(392,115

)

(392,115

)

At 31 March 2025

30,986

2,189,497

5,240

745,450

2,971,173

DEPRECIATION

At 1 April 2024

30,986

1,416,751

5,240

676,084

2,129,061

Charge for year

-

255,366

-

113,813

369,179

Eliminated on disposal

-

-

-

(366,741

)

(366,741

)

At 31 March 2025

30,986

1,672,117

5,240

423,156

2,131,499

NET BOOK VALUE

At 31 March 2025

-

517,380

-

322,294

839,674

At 31 March 2024

-

553,245

-

342,721

895,966

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

427,000

399,815

Amounts owed by group undertakings

203,235

-

Other debtors

175,503

275,303

805,738

675,118

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

245,730

318,670

Taxation and social security

243,413

69,344

Other creditors

341,517

210,740

830,660

598,754

7.	OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments not included in the balance sheet is £552,000 (2024 - £690,000). This is in relation to the business' premises lease up until the date of the break clause.

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £202,000 were paid to the directors .

At the balance sheet date, the Company was owed £203,235.00 by Oak Lodge Enterprises Limited and £350.00 by JMTJAT Holdings LTD All amounts are unsecured, interest free, and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The parent undertaking is JMTJAT Holdings Limited whose registered office address is 18-20 High Street, Stevenage, Hertfordshire SG1 3EJ.