REGISTERED NUMBER: 10660915 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Ashcare (Summerfields) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S N Patel

Mr N K Patel

REGISTERED OFFICE:

Office 1

21 Hatherton Street

Walsall

WS4 2LA

REGISTERED NUMBER:

10660915 (England and Wales)

ACCOUNTANTS:

Dhillon Accountants Limited

Chartered Accountants

Office 1

21 Hatherton Street

Walsall

WS4 2LA

FIXED ASSETS

Intangible assets

4

57,000

76,000

Tangible assets

5

665,467

644,247

722,467

720,247

CURRENT ASSETS

Debtors

6

21,273

14,513

Cash at bank

444,267

411,180

465,540

425,693

CREDITORS

Amounts falling due within one year

7

(411,881

)

(376,102

)

NET CURRENT ASSETS

53,659

49,591

TOTAL ASSETS LESS CURRENT LIABILITIES

776,126

769,838

CREDITORS

Amounts falling due after more than one year

8

(244,426

)

(282,220

)

PROVISIONS FOR LIABILITIES

(13,627

)

(6,412

)

NET ASSETS

518,073

481,206

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

517,973

481,106

SHAREHOLDERS' FUNDS

518,073

481,206

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 October 2025 and were signed on its behalf by:

Mr N K Patel - Director

1.	STATUTORY INFORMATION

Ashcare (Summerfields) Ltd 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 measure at the fair value of the consideration received or receivable.

Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

Tangible fixed assets

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

Freehold

1% straight line

Fixtures and fittings

25% reducing balance

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.

Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

190,000

AMORTISATION

At 1 February 2024

114,000

Amortisation for year

19,000

At 31 January 2025

133,000

NET BOOK VALUE

At 31 January 2025

57,000

At 31 January 2024

76,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 February 2024

656,860

102,958

759,818

Additions

-

36,533

36,533

At 31 January 2025

656,860

139,491

796,351

DEPRECIATION

At 1 February 2024

39,332

76,239

115,571

Charge for year

6,569

8,744

15,313

At 31 January 2025

45,901

84,983

130,884

NET BOOK VALUE

At 31 January 2025

610,959

54,508

665,467

At 31 January 2024

617,528

26,719

644,247

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Prepayments & Accrued income

21,273

14,513

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

58,764

55,172

Trade creditors

849

3,674

Tax

25,000

44,921

Social security and other taxes

7,783

6,516

Wages Control Account

29,650

25,827

Other creditors

676

724

Directors' current accounts

282,875

232,628

Accruals and deferred income

6,284

6,640

411,881

376,102

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans more 5 yr by instal

244,426

282,220

31.1.25

31.1.24

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

244,426

282,220

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

100

Ordinary

£1

100

100