| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st January 2025 |
| for |
| POSITIVE CARE LTD |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st January 2025 |
| for |
| POSITIVE CARE LTD |
| POSITIVE CARE LTD (REGISTERED NUMBER: 08123238) |
| Contents of the Financial Statements |
| for the Year Ended 31st January 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| POSITIVE CARE LTD |
| Company Information |
| for the Year Ended 31st January 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| 38 Salisbury Road |
| Worthing |
| West Sussex |
| BN11 1RD |
| POSITIVE CARE LTD (REGISTERED NUMBER: 08123238) |
| Balance Sheet |
| 31st January 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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. |
| POSITIVE CARE LTD (REGISTERED NUMBER: 08123238) |
| Balance Sheet - continued |
| 31st January 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| POSITIVE CARE LTD (REGISTERED NUMBER: 08123238) |
| Notes to the Financial Statements |
| for the Year Ended 31st January 2025 |
| 1. | STATUTORY INFORMATION |
| Positive Care Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced sales of services, the company is not registered for value added tax. Invoiced turnover that relates to future periods has been carried forward to the appropriate period. |
| Goodwill |
| Goodwill, being the amount paid in connection with the acquisition of the business in 2013, has been amortised evenly over its estimated useful life of 2 years. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Freehold land - nil |
| Freehold buildings - 2% on cost |
| Fixtures, fittings & equipment - 25% on cost |
| The division between freehold land and buildings is based on the opinion of the directors. |
| 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. |
| 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. |
| POSITIVE CARE LTD (REGISTERED NUMBER: 08123238) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st January 2025 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1st February 2024 |
| and 31st January 2025 |
| AMORTISATION |
| At 1st February 2024 |
| and 31st January 2025 |
| NET BOOK VALUE |
| At 31st January 2025 |
| At 31st January 2024 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures, |
| Freehold | fittings |
| property | & equipment | Totals |
| £ | £ | £ |
| COST |
| At 1st February 2024 |
| Additions |
| At 31st January 2025 |
| DEPRECIATION |
| At 1st February 2024 |
| Charge for year |
| At 31st January 2025 |
| NET BOOK VALUE |
| At 31st January 2025 |
| At 31st January 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments |
| POSITIVE CARE LTD (REGISTERED NUMBER: 08123238) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st January 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans & overdrafts |
| Trade creditors |
| Corporation tax reserve |
| PAYE & NIC control |
| Other creditors |
| Wages control | - | 24,302 |
| Directors' loan accounts | 7,208 | 7,208 |
| Accrued expenses |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loan - 1-2 years |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| The bank loan is secured by a fixed and floating charge on the company's assets. |