REGISTERED NUMBER: 13075831 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

3RD JANUARY 2024 TO 31ST DECEMBER 2024

FOR

ACTICAREUK LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

P Boyman

B Ball

J Boyman

Secretary:

Mrs E Ball

Registered office:

Skylon House

Unit 3 Munitions Close

Skylon Park

Hereford

HR2 6FN

Registered number:

13075831 (England and Wales)

Fixed assets

Tangible assets

4

326,284

337,173

Current assets

Stocks

5

1,548,436

1,752,977

Debtors

6

2,400,606

2,027,505

Cash at bank and in hand

435,534

369,015

4,384,576

4,149,497

Creditors

Amounts falling due within one year

7

1,875,206

2,624,082

Net current assets

2,509,370

1,525,415

Total assets less current liabilities

2,835,654

1,862,588

Provisions for liabilities

9

-

84,300

Net assets

2,835,654

1,778,288

Capital and reserves

Called up share capital

10

160

160

Retained earnings

2,835,494

1,778,128

Shareholders' funds

2,835,654

1,778,288

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

The members have not required the company to obtain an audit of its financial statements for the period 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 9th September 2025 and were signed on its behalf by:

B Ball - Director

1.	Statutory information

ActicareUK 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

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

Tangible fixed assets are stated in the Balance Sheet at cost less depreciation.

Depreciation is provided to write off the cost of fixed assets over their estimated useful lives at the following rates:

Plant & equipment

25% RB

Computer equipment

35% RB

Motor vehicles

33% RB

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 has elected to apply the provisions of Section 11 'Basic Financial Instruments' and 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally 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.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are measured at transaction price less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at the cost less impairment.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the assets original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the group transfers the financial asset and substantially all of the risks and rewards of the ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the group after deducing all of its liabilities.

Basic financial liabilities, including trade and other payables are measured at the transaction price. Other financial liabilities, including bank loans, loans from fellow group companies and preference shares that are classified as debt, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Other financial liabilities

Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

Derecognition of financial liabilities

Financial liabilities are derecognised when the group's contractual obligations expire or are discharged or cancelled.

Taxation

Taxation for the period 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 period 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase

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.

Fixed asset investments

The company was a partner in Active Rehab Equipment LLP at the period end.

The investment in Active Rehab Equipment LLP represented the company's capital account in the

partnership.

Pension costs & 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 (including directors)

The average number of employees during the period was 42 (2024 - 8 ) .

4.	Tangible fixed assets

Plant &

Motor

equipment

vehicles

Totals

£

£

£

Cost

At 3rd January 2024

67,603

269,570

337,173

Additions

51,498

122,541

174,039

Disposals

-

(32,015

)

(32,015

)

At 31st December 2024

119,101

360,096

479,197

Depreciation

Charge for period

34,081

118,832

152,913

At 31st December 2024

34,081

118,832

152,913

Net book value

At 31st December 2024

85,020

241,264

326,284

At 2nd January 2024

67,603

269,570

337,173

The net book value of tangible fixed assets includes £NIL (2024 - £ 16,374 ) in respect of assets held under hire purchase contracts.

5.

Stocks

31.12.24

2.1.24

£

£

Stocks

1,548,436

1,752,977

6.

Debtors: amounts falling due within one year

31.12.24

2.1.24

£

£

Trade debtors

2,244,917

1,912,540

Other debtors

18,000

33,000

Deferred tax asset

36,400

-

Prepayments

101,289

81,965

2,400,606

2,027,505

7.

Creditors: amounts falling due within one year

31.12.24

2.1.24

£

£

Hire purchase contracts (see note 8)

-

5,418

Trade creditors

1,213,730

1,221,530

Amounts owed to group undertakings

65,725

878,295

Corporation tax

152,420

180,400

Social security & other tax

406,950

310,147

Other creditors

15,862

9,343

Accruals

20,519

18,949

1,875,206

2,624,082

8.	Leasing agreements

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.24

2.1.24

£

£

Net obligations repayable:

Within one year

-

5,418

Non-cancellable

operating leases

31.12.24

2.1.24

£

£

Within one year

12,918

-

Between one and five years

1,362

-

14,280

-

9.	Provisions for liabilities

2.1.24

£

Deferred tax

84,300

Deferred tax

£

Balance at 3rd January 2024

84,300

Credit to Statement of income and retained earnings during period

(120,700

)

Balance at 31st December 2024

(36,400

)

10.	Called up share capital

Allotted, called up and fully paid shares

31.12.24

2.1.24

No.

£

No.

£

A shares of £1 each

51

51

51

51

B shares of £1 each

49

49

49

49

C shares of £1 each

20

20

20

20

D shares of £1 each

20

20

20

20

E shares of £1 each

20

20

20

20

160

160

160

160

11.	Contingent liabilities

There were no contingent liabilities at 31st December 2024.

12.	Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

13.	Controlling party

The company is a wholly owned subsidiary of Callow Enterprises Ltd.

Company registration number:

08378658

Company registered office address:

Skylon House

Unit 3 Munitions Close

Skylon Park

Hereford

HR2 6FN