REGISTERED NUMBER: 11042183 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

VESTA CARE (UK) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

D Hughes

N L Lowrey

REGISTERED OFFICE:

82 King Street

Manchester

M2 4WQ

REGISTERED NUMBER:

11042183 (England and Wales)

ACCOUNTANT:

Lethbridge & Co

82 King Street

Manchester

M2 4WQ

FIXED ASSETS

Tangible assets

4

583,796

468,968

CURRENT ASSETS

Debtors

5

1,939,344

1,655,580

Cash at bank

12,932

29,920

1,952,276

1,685,500

CREDITORS

Amounts falling due within one year

6

419,779

197,989

NET CURRENT ASSETS

1,532,497

1,487,511

TOTAL ASSETS LESS CURRENT LIABILITIES

2,116,293

1,956,479

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,116,291

1,956,477

2,116,293

1,956,479

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2025 and were signed on its behalf by:

D Hughes - Director

1.	STATUTORY INFORMATION

VESTA 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.

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 represents the invoiced sale of goods excluding value added tax.

Turnover is recognised when ownership of the goods is transferred.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

Financial instruments

The following assets and liabilities are classified as financial instruments; trade debtors, directors loan account, trade creditors and accruals.

Financial instruments hat are payable or receivable within one year, typically trade debtors, directors loan accounts, trade creditors and accruals are measured initially and subsequently at the undiscounted amount of the cash or other consideration that is expected to be paid or received.

Financial instruments repayable in more than one year such as accruals are initially measured at the present value of future payments and subsequently at amortised cost using the effective interest method unless the effect of the discounting would be immaterial.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 160 (2023 - 147 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

1,096,168

Additions

104,044

At 31 December 2024

1,200,212

DEPRECIATION

At 1 January 2024

468,968

Charge for year

147,448

At 31 December 2024

616,416

NET BOOK VALUE

At 31 December 2024

583,796

At 31 December 2023

627,200

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,939,344

1,655,580

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

229,798

-

Trade creditors

18,919

35,203

Taxation and social security

171,062

162,786

419,779

197,989