REGISTERED NUMBER: 08943440 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Next Step Domiciliary Care Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

8,925

10,376

8,925

10,376

CURRENT ASSETS

Debtors

6

458,215

446,057

Cash at bank

261,820

302,954

720,035

749,011

CREDITORS

Amounts falling due within one year

7

227,765

180,988

NET CURRENT ASSETS

492,270

568,023

TOTAL ASSETS LESS CURRENT LIABILITIES

501,195

578,399

CREDITORS

Amounts falling due after more than one year

8

(89,010

)

(106,554

)

PROVISIONS FOR LIABILITIES

(2,231

)

(2,594

)

NET ASSETS

409,954

469,251

CAPITAL AND RESERVES

Called up share capital

7

7

Retained earnings

409,947

469,244

SHAREHOLDERS' FUNDS

409,954

469,251

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2025 and were signed on its behalf by:

Mrs T L Kannenberg - Director

1.	STATUTORY INFORMATION

Next Step Domiciliary Care Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08943440

Registered office:

Ebenezer House

Ryecroft

Newcastle

Staffordshire

ST5 2BE

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, has been fully amortised over its estimated useful life of five years.

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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2024 - 29 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

48,492

AMORTISATION

At 1 April 2024

and 31 March 2025

48,492

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

16,160

13,028

29,188

Additions

-

350

350

Disposals

-

(508

)

(508

)

At 31 March 2025

16,160

12,870

29,030

DEPRECIATION

At 1 April 2024

14,038

4,774

18,812

Charge for year

318

1,258

1,576

Eliminated on disposal

-

(283

)

(283

)

At 31 March 2025

14,356

5,749

20,105

NET BOOK VALUE

At 31 March 2025

1,804

7,121

8,925

At 31 March 2024

2,122

8,254

10,376

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

376,375

351,473

Other debtors

81,840

94,584

458,215

446,057

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

19,294

21,071

Amounts owed to associates

56,889

27,438

Taxation and social security

117,978

108,649

Other creditors

33,604

23,830

227,765

180,988

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

89,010

106,554

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

51,913

50,856

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

108,304

127,625

The bank loan is secured by fixed and floating charges against all property and assets of the company.

10.	OTHER FINANCIAL COMMITMENTS

The company had a commitments under a non cancellable operating lease at 31 March 2025 to £216,000 (2024: £41,760). This commitment represents the total amount of payments due on the lease ending in 2030.