Company No: 08708134 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	05.04.2025		31.03.2024
		£		£
Fixed assets
Intangible assets	3	5,389		11,168
Tangible assets	4	118,270		130,306
		123,659		141,474
Current assets
Stocks		30,000		30,000
Debtors	5	720,458		461,257
Cash at bank and in hand		661,340		508,725
		1,411,798		999,982
Creditors: amounts falling due within one year	6	( 1,287,544)		( 835,826)
Net current assets		124,254		164,156
Total assets less current liabilities		247,913		305,630
Provision for liabilities		( 26,208)		( 28,063)
Net assets		221,705		277,567
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		221,605		277,467
Total shareholders' funds		221,705		277,567

For the financial period ending 05 April 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 financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Bay Care Domiciliary Care Ltd (registered number: 08708134) were approved and authorised for issue by the Board of Directors on 05 November 2025. They were signed on its behalf by:

Mr A R Baker Director		Mrs M A Baker Director
Mrs K M Hall Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Bay Care Domiciliary Care Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 7a Dartmouth Road, Paignton, TQ4 5AA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The financial statements are prepared for a 53 week period ending on 5th April 2025. As a result, the comparative figures in the financial statements are not comparable as as these represent a 52 week period.

Turnover

Turnover is stated net of discounts and is recognised when services are delivered.

Interest income

Interest income is recognised over time based on the amount outstanding and the effective interest rate.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill	10 years straight line
Computer software	5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	5 years straight line
Plant and machinery	10 years straight line
Vehicles	25 % reducing balance
Fixtures and fittings	20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	Period from 01.04.2024 to 05.04.2025		Year ended 31.03.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	264		290

3. Intangible assets

	Goodwill		Computer software		Total
	£		£		£
Cost
At 01 April 2024	24,000		28,891		52,891
At 05 April 2025	24,000		28,891		52,891
Accumulated amortisation
At 01 April 2024	24,000		17,723		41,723
Charge for the financial period	0		5,779		5,779
At 05 April 2025	24,000		23,502		47,502
Net book value
At 05 April 2025	0		5,389		5,389
At 31 March 2024	0		11,168		11,168

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£		£
Cost
At 01 April 2024	51,625		0		16,500		169,889		238,014
Additions	0		20,000		0		0		20,000
Disposals	0		0		( 2,000)		( 3,168)		( 5,168)
At 05 April 2025	51,625		20,000		14,500		166,721		252,846
Accumulated depreciation
At 01 April 2024	23,544		0		10,183		73,981		107,708
Charge for the financial period	10,325		333		1,529		19,062		31,249
Disposals	0		0		( 1,800)		( 2,581)		( 4,381)
At 05 April 2025	33,869		333		9,912		90,462		134,576
Net book value
At 05 April 2025	17,756		19,667		4,588		76,259		118,270
At 31 March 2024	28,081		0		6,317		95,908		130,306

5. Debtors

	05.04.2025		31.03.2024
	£		£
Trade debtors	720,458		461,257

6. Creditors: amounts falling due within one year

	05.04.2025		31.03.2024
	£		£
Trade creditors	117,082		123,609
Amounts owed to directors	24,026		22,154
Accruals	13,083		10,800
Taxation and social security	379,561		208,311
Other creditors	753,792		470,952
	1,287,544		835,826

7. Called-up share capital

	05.04.2025		31.03.2024
	£		£
Allotted, called-up and fully-paid
1 Ordinary D share of £ 1.00	1		1
33 Ordinary C shares of £ 1.00 each	33		33
33 Ordinary B shares of £ 1.00 each	33		33
33 Ordinary A shares of £ 1.00 each	33		33
	100		100

8. Financial commitments

Other financial commitments

	05.04.2025		31.03.2024
	£		£
Operating leases - Not later than one year	127,331		124,564
Operating leases - Later than one year and not later than five years	83,826		160,356
Operating leases - Later than five years	0		0
	211,157		284,920

The amount of non-cancellable operating lease payments recognised as an expense during the year was £131,893 (2024 - £125,296 ).

9. Ultimate controlling party

Parent Company:

Bay Care Group Holdings Limited

7a Dartmouth Road Paignton Devon TQ4 5AA