REGISTERED NUMBER: SC678753 (Scotland)

Unaudited Financial Statements For The Year Ended 31 October 2024

for

Care Townhill Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Ameen

REGISTERED OFFICE:

87 Main Street

Townhill

Dumfermline

KY12 0EN

REGISTERED NUMBER:

SC678753 (Scotland)

ACCOUNTANTS:

Ahmad & Nabi Mcmullan

95-107 Lancefield Street

Glasgow

Lanarkshire

G3 8HZ

FIXED ASSETS

Tangible assets

4

112,748

140,936

CURRENT ASSETS

Stocks

5

15,389

16,922

Debtors

6

149,803

152,243

Cash at bank

140,887

49,412

306,079

218,577

CREDITORS

Amounts falling due within one year

7

252,416

245,106

NET CURRENT ASSETS/(LIABILITIES)

53,663

(26,529

)

TOTAL ASSETS LESS CURRENT LIABILITIES

166,411

114,407

CAPITAL AND RESERVES

Called up share capital

8

4

(4

)

Retained earnings

9

166,407

114,411

SHAREHOLDERS' FUNDS

166,411

114,407

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 19 August 2025 and were signed by:

M Ameen - Director

1.	STATUTORY INFORMATION

Care Townhill Limited is a private company, limited by shares , registered in Scotland. 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

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

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to rite off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery 20%

Fixtures & Fittings 20%

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 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.

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 7 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 November 2023

and 31 October 2024

151,581

70,546

222,127

DEPRECIATION

At 1 November 2023

55,858

25,333

81,191

Charge for year

19,145

9,043

28,188

At 31 October 2024

75,003

34,376

109,379

NET BOOK VALUE

At 31 October 2024

76,578

36,170

112,748

At 31 October 2023

95,723

45,213

140,936

5.

STOCKS

31.10.24

31.10.23

£

£

Stocks

15,389

16,922

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Yoker Pharma Loan

136,000

136,000

VAT

13,803

22,223

Prepayments and accrued income

-

(5,980

)

149,803

152,243

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Trade creditors

45,511

52,352

Tax

21,581

1,711

PAYE

2,356

2,356

Net Wages

-

5,029

Springside Loan

60,000

31,720

Directors' current accounts

121,168

151,938

Accrued expenses

1,800

-

252,416

245,106

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.24

31.10.23

value:

£

£

4

Ordinary

1

4

(4

)

9.

RESERVES

Retained

earnings

£

At 1 November 2023

114,411

Profit for the year

51,996

At 31 October 2024

166,407