REGISTERED NUMBER: 05525079 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

S & S CARE (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S S Sahota

S S Sunnar

SECRETARY:

S S Sahota

REGISTERED OFFICE:

88 Clayhall Avenue

Clayhall

Ilford

Essex

IG5 0LF

REGISTERED NUMBER:

05525079 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

Barclays Bank plc

51-52 Hope Street

Wrexham

LL11 1BB

BANKERS:

HSBC Bank plc

17-19 Regent Street

Wrexham

LL11 1RY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,023,815

2,103,365

2,023,815

2,103,365

CURRENT ASSETS

Stocks

1,475

1,475

Debtors

6

114,764

75,520

Cash at bank and in hand

103,284

13,328

219,523

90,323

CREDITORS

Amounts falling due within one year

7

927,809

746,782

NET CURRENT LIABILITIES

(708,286

)

(656,459

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,315,529

1,446,906

CREDITORS

Amounts falling due after more than one year

8

(1,165,651

)

(976,709

)

PROVISIONS FOR LIABILITIES

11

-

(56,382

)

NET ASSETS

149,878

413,815

CAPITAL AND RESERVES

Called up share capital

12

2

2

Retained earnings

149,876

413,813

SHAREHOLDERS' FUNDS

149,878

413,815

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd July 2025 and were signed on its behalf by:

S S Sunnar - Director

1.	STATUTORY INFORMATION

S & S Care (Uk) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

Preparation of the financial statements requires management to make significant judgements and estimates.

The items in the financial statements where these judgements are estimates have been made include:

- Fixed asset depreciation in respect of useful economic lives, which is reviewed and assessed by management on an annual basis to ensure they are still appropriate based on the proceeds of assets disposals and their assessment of the value of the assets held.

Turnover

Turnover represents the invoiced value of services, which are recognised when the services are provided.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Stocks

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

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Income statement.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the Income statement on a straight line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

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.

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 to a separate entity. Once the contributions have been paid the Company have no further payment obligations.

The contributions are recognised as an expense in the Income statement 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 97 (2023 - 85 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st January 2024

and 31st December 2024

354,997

AMORTISATION

At 1st January 2024

and 31st December 2024

354,997

NET BOOK VALUE

At 31st December 2024

-

At 31st December 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1st January 2024

and 31st December 2024

2,355,377

350,862

284,666

2,990,905

DEPRECIATION

At 1st January 2024

500,364

301,241

85,935

887,540

Charge for year

42,308

7,433

29,809

79,550

At 31st December 2024

542,672

308,674

115,744

967,090

NET BOOK VALUE

At 31st December 2024

1,812,705

42,188

168,922

2,023,815

At 31st December 2023

1,855,013

49,621

198,731

2,103,365

Included in cost of land and buildings is freehold land of £ 240,000 (2023 - £ 240,000 ) which is not depreciated.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st January 2024

and 31st December 2024

276,936

DEPRECIATION

At 1st January 2024

81,853

Charge for year

29,262

At 31st December 2024

111,115

NET BOOK VALUE

At 31st December 2024

165,821

At 31st December 2023

195,083

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

86,379

63,436

Tax

82

82

Deferred tax asset

18,876

-

Prepayments

9,427

12,002

114,764

75,520

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 9)

205,796

59,588

Hire purchase contracts

24,484

24,484

Trade creditors

78,686

147,192

Social security and other taxes

147,839

18,987

Other creditors

5,234

6,137

Directors' current accounts

370,300

397,479

Accrued expenses

95,470

92,915

927,809

746,782

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans (see note 9)

1,026,651

815,265

Hire purchase contracts

139,000

161,444

1,165,651

976,709

Amounts falling due in more than five years:

Repayable by instalments

Bank loans > 5 years

529,718

561,365

9.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank loans

205,796

59,588

Amounts falling due between one and two years:

Bank loans - 1-2 years

171,296

62,132

Amounts falling due between two and five years:

Bank loans - 2-5 years

325,637

191,768

Amounts falling due in more than five years:

Repayable by instalments

Bank loans > 5 years

529,718

561,365

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

1,232,447

874,853

11.	PROVISIONS FOR LIABILITIES

31.12.23

£

Deferred tax

Accelerated capital allowances

61,345

Tax losses carried forward

(4,963

)

56,382

Deferred

tax

£

Balance at 1st January 2024

56,382

Movement in the year due to:-

Changes in tax allowances

(9,180

)

Changes in tax rates

Changes in tax losses

(66,078

)

Balance at 31st December 2024

(18,876

)

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

2

Ordinary shares

£1

2

2

13.	CAPITAL COMMITMENTS

31.12.24

31.12.23

£

£

Contracted but not provided for in the

financial statements

27,500

27,500