REGISTERED NUMBER: 03124584 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Care Expertise Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M Awan

Dr I W Jones

REGISTERED OFFICE:

1070-1072 London Road

Thornton Heath

Surrey

CR7 7ND

REGISTERED NUMBER:

03124584 (England and Wales)

ACCOUNTANTS:

KBMD Limited

Chartered Certified Accountants

Maple House

382 Kenton Road

Harrow

Middlesex

HA3 9DP

FIXED ASSETS

Intangible assets

4

961

2,456

Tangible assets

5

474,915

596,635

475,876

599,091

CURRENT ASSETS

Debtors

942,193

788,005

Cash at bank and in hand

311,770

302,003

1,253,963

1,090,008

CREDITORS

Amounts falling due within one year

(1,234,944

)

(1,212,773

)

NET CURRENT ASSETS/(LIABILITIES)

19,019

(122,765

)

TOTAL ASSETS LESS CURRENT LIABILITIES

494,895

476,326

PROVISIONS FOR LIABILITIES

(99,398

)

(99,488

)

NET ASSETS

395,497

376,838

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

394,497

375,838

SHAREHOLDERS' FUNDS

395,497

376,838

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 September 2025 and were signed on its behalf by:

Mrs M Awan - Director

1.	STATUTORY INFORMATION

Care Expertise 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 amounts invoiced for the provision of care service.

Intangible assets

Website development costs are being amortised over a period of five years.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

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.

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 182 (2023 - 173 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

and 31 December 2024

7,472

AMORTISATION

At 1 January 2024

5,016

Amortisation for year

1,495

At 31 December 2024

6,511

NET BOOK VALUE

At 31 December 2024

961

At 31 December 2023

2,456

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

1,111,337

Additions

110,684

Disposals

(61,499

)

At 31 December 2024

1,160,522

DEPRECIATION

At 1 January 2024

514,702

Charge for year

225,085

Eliminated on disposal

(54,180

)

At 31 December 2024

685,607

NET BOOK VALUE

At 31 December 2024

474,915

At 31 December 2023

596,635

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Rent totalling £120,300 (2023 £104,400) was charged to the company by the directors in relation to premises used by the company.

7.	RELATED PARTY

Amounts receivable from companies under common control totalled £46,254 (2023: nil). Amounts payable to companies under common control totalled £310,000 (2023: nil).

8.	DEBENTURE AND INTER-COMPANY GUARANTEE

National Westminster Bank Plc holds a debenture against all assets of the company as well as an inter-company guarantee for companies within the Care Expertise group of companies.