REGISTERED NUMBER: 11525398 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SBL CARESERVICES (UK) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D M Halliday

A B Wilding

REGISTERED OFFICE:

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

REGISTERED NUMBER:

11525398 (England and Wales)

ACCOUNTANTS:

Xeinadin

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

FIXED ASSETS

Tangible assets

4

411,355

434,348

CURRENT ASSETS

Debtors

5

1,257,695

985,018

Cash at bank and in hand

99,564

28,490

1,357,259

1,013,508

CREDITORS

Amounts falling due within one year

6

(648,546

)

(593,241

)

NET CURRENT ASSETS

708,713

420,267

TOTAL ASSETS LESS CURRENT LIABILITIES

1,120,068

854,615

CREDITORS

Amounts falling due after more than one year

7

(219,956

)

(249,932

)

PROVISIONS FOR LIABILITIES

-

(6,067

)

NET ASSETS

900,112

598,616

CAPITAL AND RESERVES

Called up share capital

140

140

Retained earnings

899,972

598,476

900,112

598,616

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by:

A B Wilding - Director

D M Halliday - Director

1.	STATUTORY INFORMATION

SBL Careservices (UK) 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.

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Going concern

The directors are satisfied at the time of approving the financial statements that the company has

adequate resources to continue to operate for the foreseeable future and as such, continues to adopt

the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 81 (2024 - 54 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

150,032

492,186

642,218

Additions

4,080

118,546

122,626

Disposals

-

(5,000

)

(5,000

)

At 31 March 2025

154,112

605,732

759,844

DEPRECIATION

At 1 April 2024

46,709

161,161

207,870

Charge for year

30,822

111,592

142,414

Eliminated on disposal

-

(1,795

)

(1,795

)

At 31 March 2025

77,531

270,958

348,489

NET BOOK VALUE

At 31 March 2025

76,581

334,774

411,355

At 31 March 2024

103,323

331,025

434,348

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

Motor

vehicles

£

COST

At 1 April 2024

406,156

Additions

61,890

Transfer to ownership

(5,891

)

At 31 March 2025

462,155

DEPRECIATION

At 1 April 2024

136,159

Charge for year

82,971

Transfer to ownership

(3,058

)

At 31 March 2025

216,072

NET BOOK VALUE

At 31 March 2025

246,083

At 31 March 2024

269,997

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

136,027

107,043

Other debtors

569,100

172,700

Directors' current accounts

352,088

519,897

Tax

175,466

175,466

Deferred tax asset

4,663

-

Prepayments

20,351

9,912

1,257,695

985,018

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

82,878

61,568

Tax

418,759

420,719

Social security and other taxes

97,048

57,724

Other creditors

27,208

27,169

Accrued expenses

22,653

26,061

648,546

593,241

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

219,956

249,932

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

302,834

311,500

The hire purchase creditors are secured over the assets to which they relate.

9.	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

£

£

A B Wilding

Balance outstanding at start of year

399,691

26,422

Amounts advanced

207,900

466,358

Amounts repaid

(399,692

)

(93,089

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

207,899

399,691

D M Halliday

Balance outstanding at start of year

120,206

-

Amounts advanced

144,188

121,206

Amounts repaid

(120,206

)

(1,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

144,188

120,206

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £519,898 (2024 - £100,401) were paid to the directors .

At the reporting date, the company had the following balances outstanding with entities under common control:

Other debtors include:

£278,500 (2024 - £50,000) due from a company controlled by D Halliday.

£270,500 (2024 - £121,400) due from a company controlled by A Wilding.

£20,000 (2024 - Nil) due from a company under joint control.

Other creditors include:

£14,811 (2024 - £14,811) due to a company controlled by D Halliday.