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Registration number: 07905869

Companion Care (Belfast) Limited
Unaudited Filleted Financial Statements
for the Period from 29 March 2024 to 27 March 2025

Companion Care (Belfast) Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

Companion Care (Belfast) Limited

Company Information

Directors | Companion Care (Services) Limited A C Bolton F Jamison

Company secretary | Companion Care (Services) Limited

Registered office | Epsom Avenue Stanley Green Trading Estate Handforth Cheshire SK9 3RN

Companion Care (Belfast) Limited

(Registration number: 07905869)
Balance Sheet as at 27 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 18,543 | 595
Current assets |  |  |
Stocks | 5 | 14,460 | 15,129
Debtors | 6 | 65,382 | 64,678
Cash at bank and in hand |  | 189,424 | 134,254
|  | 269,266 | 214,061
Creditors: Amounts falling due within one year | 7 | (89,274) | (95,503)
Net current assets |  | 179,992 | 118,558
Total assets less current liabilities |  | 198,535 | 119,153
Creditors: Amounts falling due after more than one year | 7 | (60,000) | (60,000)
Net assets |  | 138,535 | 59,153
Capital and reserves |  |  |
Called up share capital | 10 | 120 | 120
Retained earnings |  | 138,415 | 59,033
Shareholders' funds |  | 138,535 | 59,153

For the financial period ending 27 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 October 2025 and signed on its behalf by:

......................................... Companion Care (Services) Limited Company secretary and director

Companion Care (Belfast) Limited

Notes to the Unaudited Financial Statements for the Period from 29 March 2024 to 27 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Epsom Avenue
Stanley Green Trading Estate
Handforth
Cheshire
SK9 3RN

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Accounts are prepared on a 52 week period (2024: 52 week period) resulting in a fluctuating year end between the 25th and 31st March.

Going concern

The directors have considered the factors that impact the company’s future development, performance, cash flows and financial position along with the company’s current liquidity in forming their opinion on the going concern basis. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Revenue recognition

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers in the UK.
Turnover is recognised at point of sale except for turnover derived from care plans, which is recognised on an apportioned basis relative to delivery of the service.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Companion Care (Belfast) Limited

Notes to the Unaudited Financial Statements for the Period from 29 March 2024 to 27 March 2025

2 | Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures, fittings and equipment | 3 - 10 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks stated at the lower of cost and estimated selling price less costs to sell. Stock is recognised as an expense in the period in which the related turnover is recognised.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Companion Care (Belfast) Limited

Notes to the Unaudited Financial Statements for the Period from 29 March 2024 to 27 March 2025

2 | Accounting policies (continued)

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

The company operates a defined contribution pension scheme.
Contributions to the pension scheme are charged to profit or loss in the period to which they relate.

Finance income and costs

Finance costs are charged to the profit and loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Finance income is recognised in the profit and loss using the effective interest method.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 12 (2024 - 13).

Companion Care (Belfast) Limited

Notes to the Unaudited Financial Statements for the Period from 29 March 2024 to 27 March 2025

4 | Tangible assets

| Furniture, fittings and equipment £
Cost or valuation
At 29 March 2024 | 212,421
Additions | 20,275
Disposals | (20,112)
At 27 March 2025 | 212,584
Depreciation
At 29 March 2024 | 211,826
Charge for the period | 2,327
Eliminated on disposal | (20,112)
At 27 March 2025 | 194,041
Carrying amount
At 27 March 2025 | 18,543
At 28 March 2024 | 595

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 14,460 | 15,129

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 28,353 | 27,554
Other debtors | 37,029 | 37,124
| 65,382 | 64,678

Companion Care (Belfast) Limited

Notes to the Unaudited Financial Statements for the Period from 29 March 2024 to 27 March 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 5,771 | 9,096
Amounts owed to related parties |  | 1,742 | 14,884
Taxation and social security |  | 37,089 | 34,429
Other creditors |  | 44,672 | 37,094
|  | 89,274 | 95,503

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 60,000 | 60,000

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Loans from related parties | 60,000 | 60,000

Other borrowings

The B shareholder loan is denominated in GBP with a nominal interest rate of 1.75% above the Bank of England base rate %. The carrying amount at period end is £60,000 (2024 - £60,000). There is no set date for the repayment of loans due to the Directors and Companion Care (Services) Limited. Loans due to the Directors and Companion Care (Services) Limited are repayable following the repayment of any bank loans, when the company is in a net asset position and has available cash balances.

Companion Care (Belfast) Limited

Notes to the Unaudited Financial Statements for the Period from 29 March 2024 to 27 March 2025

9 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Not later than one year | 27,221 | 26,155

The practice occupies space within a Pets at Home store under a licence to occupy agreement. As this is a rolling agreement, the company is committed to an annual payment, which is included in the table above. The payments made reflect the operating lease commitments as held at the Pets at Home branch in which the practice is situated.

10 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
'A' Ordinary of £1 each | 60 | 60 | 60 | 60
'B' Ordinary of £1 each | 60 | 60 | 60 | 60
| 120 | 120 | 120 | 120

A shares and B shares constitute separate classes of shares. A shareholders are entitled to receive dividends as declared from time to time. They are also entitled to one vote per share at general meetings of the company and rank below unsecured creditors in the event of a winding up. B shareholders have no entitlement to dividends. They are entitled to one vote per share at general meetings of the company and, in the event of a winding up, rank above A shareholders however are only entitled to receive any outstanding liabilities, they are not entitled to any further distribution of capital.

11 | Controlling party

In the opinion of the directors, there is no ultimate controlling party. The entity is jointly owned by the A and B shareholders and neither party has overall control.