REGISTERED NUMBER: 11708871 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2024

FOR

SYLVIANCARE FRANCHISING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Grancea

I Pop

REGISTERED OFFICE:

Swatton Barn, Badbury

Swindon

Wiltshire

SN4 0EU

REGISTERED NUMBER:

11708871 (England and Wales)

ACCOUNTANTS:

the dt group

Chartered Accountants

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

FIXED ASSETS

Tangible assets

4

2,677

3,123

CURRENT ASSETS

Debtors

5

92,918

83,374

Cash at bank

10,099

29,404

103,017

112,778

CREDITORS

Amounts falling due within one year

6

96,617

32,755

NET CURRENT ASSETS

6,400

80,023

TOTAL ASSETS LESS CURRENT LIABILITIES

9,077

83,146

CREDITORS

Amounts falling due after more than one year

7

218,563

116,890

NET LIABILITIES

(209,486

)

(33,744

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(209,488

)

(33,746

)

(209,486

)

(33,744

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2025 and were signed on its behalf by:

C Grancea - Director

1.	STATUTORY INFORMATION

Sylviancare Franchising 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.

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.

The director has assessed the company's future projections and cash flow forecasts and believe that

the going concern basis of preparation remains appropriate.

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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% straight line basis

TAXATION

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

2,936

1,912

4,848

Additions

-

490

490

At 31 December 2024

2,936

2,402

5,338

DEPRECIATION

At 1 January 2024

1,591

134

1,725

Charge for year

336

600

936

At 31 December 2024

1,927

734

2,661

NET BOOK VALUE

At 31 December 2024

1,009

1,668

2,677

At 31 December 2023

1,345

1,778

3,123

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,541

2,148

Amounts owed by group undertakings

-

25,000

Directors' current accounts

-

19,527

Tax

6,590

-

VAT

8,736

15,216

Deferred tax asset

75,969

21,107

Prepayments

82

376

92,918

83,374

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

3,766

5,273

Other loans

39,350

10,608

Amounts owed to group undertakings

7,000

-

Tax

366

7,598

Social security and other taxes

6,885

8,278

Other creditors

3,503

(2

)

Pension payable

1,339

1,000

Directors' current accounts

34,408

-

96,617

32,755

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 2-5 years

17,576

21,394

Other loans - 1-2 years

200,987

95,496

218,563

116,890

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

C Grancea

Balance outstanding at start of year

-

127,533

Amounts repaid

-

(127,533

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

9.	RELATED PARTY DISCLOSURES

Unless otherwise disclosed, all related party transactions have been conducted under normal market

conditions, including dividend payments to it's shareholders.

10.	LOAN TO PARTICIPATORS

During the year, the director Cristina-Maria grancea was repaid £43,935.

11.	GOING CONCERN

The company and the director are committed to finding a viable solution to support the company's

trading in the future, and on that basis the company is considered a going concern.