REGISTERED NUMBER: 10038618 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

CARE NECESSITIES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Miss S A Ford

Miss J A Reddish

Registered office:

35 Algitha Road

Skegness

Lincolnshire

PE25 2AJ

Registered number:

10038618 (England and Wales)

Accountants:

Haines Watts

23 Algitha Road

Skegness

United Kingdom

PE25 2AG

Fixed assets

Tangible assets

4

2,672

5,388

Current assets

Debtors

5

27,572

50,121

Cash at bank and in hand

42,655

21,603

70,227

71,724

Creditors

Amounts falling due within one year

6

38,307

51,207

Net current assets

31,920

20,517

Total assets less current liabilities

34,592

25,905

Creditors

Amounts falling due after more than one year

7

4,521

12,626

Net assets

30,071

13,279

Capital and reserves

Called up share capital

8

80

80

Capital redemption reserve

9

20

20

Retained earnings

9

29,971

13,179

Shareholders' funds

30,071

13,279

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 18 September 2025 and were signed on its behalf by:

Miss S A Ford - Director

1.	Statutory information

Care Necessities 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.

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.

Office equipmt

-

20% on cost and Straight line over 3 years

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 9 (2024 - 9 ) .

4.	Tangible fixed assets

Office

equipmt

£

Cost

At 1 July 2024

and 30 June 2025

17,202

Depreciation

At 1 July 2024

11,814

Charge for year

2,716

At 30 June 2025

14,530

Net book value

At 30 June 2025

2,672

At 30 June 2024

5,388

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

25,462

43,181

Loan to employee

74

4,904

Prepayments

2,036

2,036

27,572

50,121

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

7,300

7,300

Corporation tax

3,605

-

Social security and other taxes

4,063

3,982

VAT

15,227

18,396

Other creditors

1,785

1,785

Claimant Costs Recovery

-

7,000

Accruals and deferred income

6,327

12,744

38,307

51,207

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bounce back loan

4,521

12,626

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

80

Ordinary

o1

80

80

9.

Reserves

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 July 2024

13,179

20

13,199

Profit for the year

16,792

16,792

At 30 June 2025

29,971

20

29,991

10.	Ultimate controlling party

The controlling party is Claimant Costs Recovery (North) ltd.

Claimant Costs Recovery (North) Limited now hold 100% of the share capital in Care Necessities Limited.

The company paid a dividend of £NIL (2024 £NIL) to Claimant Costs Recovery (North) Limited during the year.