REGISTERED NUMBER: 02881343 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Q Care Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

E B Whittal-Williams

A T Whittal-Williams

Mrs C Cox

Mrs M L Jones

Registered office:

The Office

Block D, Nantgavenny Business Park

Nantgavenny Lane, Mardy

Abergavenny

Monmouthshire

NP7 6LG

Registered number:

02881343 (England and Wales)

Senior statutory auditor:

Russell John Spencer

Auditors:

Acre Accountancy Limited

Statutory Auditor

Certified Accountants

Unit 2 Foley Works

Foley Trading Estate

Hereford

Herefordshire

HR1 2SF

FIXED ASSETS

Tangible assets

4

37,941

37,886

CURRENT ASSETS

Stocks

2,372

6,759

Debtors

5

1,282,267

1,059,818

Cash at bank

1,374,606

848,801

2,659,245

1,915,378

CREDITORS

Amounts falling due within one year

6

(1,315,641

)

(969,135

)

NET CURRENT ASSETS

1,343,604

946,243

TOTAL ASSETS LESS CURRENT LIABILITIES

1,381,545

984,129

PROVISIONS FOR LIABILITIES

(4,927

)

(3,912

)

NET ASSETS

1,376,618

980,217

CAPITAL AND RESERVES

Called up share capital

9

11,429

11,429

Share premium

9,286

9,286

Capital redemption reserve

200,000

200,000

Retained earnings

1,155,903

759,502

SHAREHOLDERS' FUNDS

1,376,618

980,217

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 has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

A T Whittal-Williams - Director

1.	STATUTORY INFORMATION

Q Care 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.

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.

Turnover

Income is recognised at the point where care services are provided.

Tangible fixed assets

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

Short leasehold

-

Over the period of the lease

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, 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.

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement. They are classified as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 492 (2024 - 415 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Motor

leasehold

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 April 2024

3,667

474,266

109,856

587,789

Additions

-

17,959

-

17,959

Disposals

-

(5,381

)

(9,474

)

(14,855

)

At 31 March 2025

3,667

486,844

100,382

590,893

Depreciation

At 1 April 2024

3,667

441,203

105,033

549,903

Charge for year

-

16,092

1,811

17,903

Eliminated on disposal

-

(5,381

)

(9,473

)

(14,854

)

At 31 March 2025

3,667

451,914

97,371

552,952

Net book value

At 31 March 2025

-

34,930

3,011

37,941

At 31 March 2024

-

33,063

4,823

37,886

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

908,790

801,045

Other debtors

373,477

258,773

1,282,267

1,059,818

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

198,959

122,150

Tax

142,077

77,562

Social security and other taxes

165,161

106,379

Proposed dividends

14,557

36,368

Other creditors

783,366

509,062

Accruals and deferred income

11,521

117,614

1,315,641

969,135

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/3/25

31/3/24

£

£

Within one year

233,026

221,100

Between one and five years

380,380

315,589

In more than five years

-

16,454

613,406

553,143

8.	SECURED DEBTS

The company's borrowings are secured by an unlimited debenture over the company's assets.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

£

99,428

Ordinary

10p

9,943

11,429

9,143

Ordinary C

10p

914

-

5,715

Ordinary D

10p

572

-

11,429

11,429

The following shares were allotted and fully paid for cash at par during the year:

9,143 Ordinary C shares of 10p each

5,715 Ordinary D shares of 10p each

During the year there was a restructuring of share capital.

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Russell John Spencer (Senior Statutory Auditor)

for and on behalf of Acre Accountancy Limited