REGISTERED NUMBER: 13349087 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CAREYOURWAY FRANCHISING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Sabater Romero

Mrs S Sabater Romero

Miss Y Sabater Romero

Mr J Sabater Romero

REGISTERED OFFICE:

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

REGISTERED NUMBER:

13349087 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

Lloyds Bank

Butler Place

1 Legg Street

Chelmsford

Essex

CM1 1JS

FIXED ASSETS

Tangible assets

4

23,433

28,750

CURRENT ASSETS

Debtors

5

64,329

27,610

Cash at bank

277,365

123,109

341,694

150,719

CREDITORS

Amounts falling due within one year

6

200,149

118,494

NET CURRENT ASSETS

141,545

32,225

TOTAL ASSETS LESS CURRENT LIABILITIES

164,978

60,975

CREDITORS

Amounts falling due after more than one year

7

(14,413

)

(19,265

)

PROVISIONS FOR LIABILITIES

(5,858

)

(5,463

)

NET ASSETS

144,707

36,247

CAPITAL AND RESERVES

Called up share capital

23

20

Retained earnings

144,684

36,227

SHAREHOLDERS' FUNDS

144,707

36,247

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 3 December 2025 and were signed on its behalf by:

Mr M Sabater Romero - Director

1.	STATUTORY INFORMATION

CareYourWay Franchising 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Taxation

Taxation for the year 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 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

3,360

33,995

1,798

39,153

Additions

725

-

1,567

2,292

At 31 March 2025

4,085

33,995

3,365

41,445

DEPRECIATION

At 1 April 2024

1,455

8,499

449

10,403

Charge for year

394

6,374

841

7,609

At 31 March 2025

1,849

14,873

1,290

18,012

NET BOOK VALUE

At 31 March 2025

2,236

19,122

2,075

23,433

At 31 March 2024

1,905

25,496

1,349

28,750

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

33,995

DEPRECIATION

At 1 April 2024

8,499

Charge for year

6,374

At 31 March 2025

14,873

NET BOOK VALUE

At 31 March 2025

19,122

At 31 March 2024

25,496

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

46,505

18,852

Other debtors

14,423

-

Directors' current accounts

-

4,305

Prepayments

3,401

4,453

64,329

27,610

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

4,852

4,332

Trade creditors

19,581

900

Amounts owed to associates

120,686

95,611

Tax

39,007

3,588

Social security and other taxes

1,324

-

VAT

7,625

12,373

Other creditors

5,319

-

Accrued expenses

1,755

1,690

200,149

118,494

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

14,413

19,265

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr J Sabater Romero

Balance outstanding at start of year

244

-

Amounts advanced

-

244

Amounts repaid

(244

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

244

Mr M Sabater Romero

Balance outstanding at start of year

4,061

-

Amounts advanced

-

4,061

Amounts repaid

(4,061

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

4,061

Loans are unsecured, interest free and repayable on demand.

9.	RELATED PARTY DISCLOSURES

During the year the company made loan repayments to Careyourway Homecare Ltd, a company which shares the same Directors, the amount of £66,326 was repaid in the year. The amount owing to the company relating to this loan at the year end is £29,285 (2024 : £95,611). The loan is unsecured, interest free and repayable on demand.

During the year the company received a loan from Careyourway Group Ltd, a company which shares the same Directors, the amount of £91,400 was borrowed in the year (2024: £0.00). The amount owing to the company relating to this loan at the year end is £91,400 (2024 : £0.00). The loan is unsecured, interest free and repayable on demand.