REGISTERED NUMBER: 12236257 (England and Wales)

ASD CARE LIMITED

Unaudited Financial Statements

for the Period 1 December 2023 to 28 November 2024

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

Directors:

Mr A Mathi

Dr S Suresh

Registered office:

Artisans' House

7 Queensbridge

Northampton

Northamptonshire

NN4 7BF

Registered number:

12236257 (England and Wales)

Accountants:

Cobley Desborough

Chartered Certified Accountants

Chartered Tax Advisers

Artisans' House

7 Queensbridge

Northampton

Northamptonshire

NN4 7BF

FIXED ASSETS

Intangible assets

4

-

293,333

Tangible assets

5

989,987

994,717

989,987

1,288,050

CURRENT ASSETS

Debtors

6

100,953

223,602

Cash at bank and in hand

300,449

26,003

401,402

249,605

CREDITORS

Amounts falling due within one year

7

247,054

1,615,934

NET CURRENT ASSETS/(LIABILITIES)

154,348

(1,366,329

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,144,335

(78,279

)

CAPITAL AND RESERVES

Called up share capital

2

2

Undistributable Reserves

928,656

-

Retained earnings

215,677

(78,281

)

1,144,335

(78,279

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 November 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 November 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 6 October 2025 and were signed on its behalf by:

Dr S Suresh - Director

Mr A Mathi - Director

1.	STATUTORY INFORMATION

Asd Care 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.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the period 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 period 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.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 54 (2023 - 67 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 December 2023

440,000

Disposals

(440,000

)

At 28 November 2024

-

Amortisation

At 1 December 2023

146,667

Charge for period

44,000

Eliminated on disposal

(190,667

)

At 28 November 2024

-

Net book value

At 28 November 2024

-

At 30 November 2023

293,333

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

At 1 December 2023

1,055,421

61,048

1,116,469

Additions

-

24,597

24,597

At 28 November 2024

1,055,421

85,645

1,141,066

Depreciation

At 1 December 2023

84,432

37,320

121,752

Charge for period

21,109

8,218

29,327

At 28 November 2024

105,541

45,538

151,079

Net book value

At 28 November 2024

949,880

40,107

989,987

At 30 November 2023

970,989

23,728

994,717

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

90,668

55,573

Other debtors

10,285

168,029

100,953

223,602

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

28,098

Trade creditors

18,633

12,024

Taxation and social security

51,882

24,606

Other creditors

176,539

1,551,206

247,054

1,615,934