

	Company registration number:	02677484






ISLAND CARE LIMITED

REPORT OF THE DIRECTORS' AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 January 2025



ISLAND CARE LIMITED

BALANCE SHEET

AS AT 31 January 2025


		2025		2024
	Notes	£	£	£	£

FIXED ASSETS
Tangible assets	3		110,349		121,263

			110,349		121,263

CURRENT ASSETS
Stocks		1,306		1,244
Debtors		78,757		80,732
Cash at bank and in hand		256,069		191,148

		336,132		273,124

CREDITORS
Amounts falling due within one year		(159,822)		(140,858)

NET CURRENT ASSETS			176,310		132,266

TOTAL ASSETS LESS
CURRENT LIABILITIES			286,659		253,529


PROVISIONS FOR LIABILITIES			(26,000)		(32,400)

NET ASSETS			260,659		221,129



CAPITAL AND RESERVES
Called-up equity share capital			100		100
Profit and loss account			260,559		221,029

SHAREHOLDERS FUNDS			260,659		221,129


For the year ending 31 January 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.


The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.


All the members have consented to the preparation of abridged financial statements for the year ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.


The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.


These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 26 August 2025 and signed on its behalf.



..........................................................................
N Gustar

26 August 2025
The annexed notes form part of these financial statements.

ISLAND CARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared in accordance with applicable accounting standards including Financial Reporting Standard 102 (The Financial Reporting Standard Applicable in the UK and Republic of Ireland - FRS 102) and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Fixed Assets

Tangible fixed assets are stated at cost less depreciation. Depreciation i provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures and Fittings - 15 % reducing balance

Motor Vehicles - 25% per annum of cost

Land and buildings - 10% per annum of cost

Stocks and Work In Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Deferred Taxation

Provision is made for taxation deferred as a result of material timing differences between the incidence of income and expenditure for taxation purposes, using the liability method, only to the extent that, in the opinion of the directors, there is a reasonable probability that a a liability or asset will crystallise in the near future.

Pension Scheme

The company operates a defined contribution pension scheme for directors and retired officers. Payments to Island Care Retirement Benefits Scheme are shown in the year of payment.

Employees

The average number of persons employed by the company (including directors) during the year was 39.



3.	Tangible fixed assets

		Total

	Cost
	At start of period	540,352
	Additions	10,080
	At end of period	550,432

	Depreciation
	At start of period	419,089
	Provided during the period	20,993
	At end of period	440,082

	Net Book Value
	At start of period	121,263
	At end of period	110,349

Pension costs

The company operates a defined contribution scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund.