REGISTERED NUMBER: 14830893 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

National Care Supplies Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr M Ali

Mr R D Muir

Mr R G Muir

Mr T Younas

REGISTERED OFFICE:

C/O EMT Healthcare

Boulevard Industrial Park

Padge Road

Beeston

Nottinghamshire

NG9 2JR

REGISTERED NUMBER:

14830893 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Intangible assets

4

43,404

-

CURRENT ASSETS

Stocks

5

99,539

-

Debtors

6

68,173

100

Cash at bank

39,571

-

207,283

100

CREDITORS

Amounts falling due within one year

7

506,575

17,971

NET CURRENT LIABILITIES

(299,292

)

(17,871

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(255,888

)

(17,871

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(255,988

)

(17,971

)

(255,888

)

(17,871

)

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

Mr R D Muir - Director

1.	STATUTORY INFORMATION

National Care Supplies 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Trademarks are being amortised evenly over their estimated useful life of five years.

Website is being amortised evenly over its estimated useful life of five years.

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 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 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 5 (2023 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Trademarks

Website

Totals

£

£

£

COST

Additions

1,513

47,566

49,079

At 31 December 2024

1,513

47,566

49,079

AMORTISATION

Amortisation for year

126

5,549

5,675

At 31 December 2024

126

5,549

5,675

NET BOOK VALUE

At 31 December 2024

1,387

42,017

43,404

5.

STOCKS

2024

2023

£

£

Stocks

99,539

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

66,614

-

Amounts owed by group undertakings

60

60

Amounts owed by participating interests

-

40

VAT

1,204

-

Prepayments and accrued income

295

-

68,173

100

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

24,419

36

Amounts owed to group undertakings

330,866

17,149

Amounts owed to participating interests

104,971

-

Social security and other taxes

3,117

-

Other creditors

38,952

-

Accruals and deferred income

4,250

786

506,575

17,971

8.	RELATED PARTY DISCLOSURES

During the year the company transacted with another company within the group. All transactions were carried out at arms length. The balance owed on interest free loans provided by the group undertaking at the year end amounted to £330,866 (2023 £17,149).

The balance owed on interest free loans provided to the parent undertaking at the year end amounted to £60 (2023 £60).

During the year the company transacted with another company with a participating interest. The balance outstanding on interest free loans provided by the participating interest amounted to £104,971 (2023 £40 Dr).

9.	GOING CONCERN

The company accounts are prepared on the going concern basis that the directors' will continue to support the company for the foreseeable future.