REGISTERED NUMBER: 02905218 (England and Wales)

STRATEGIC REPORT, REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

I CARE (GB) LIMITED

Page

Company Information

1

Strategic Report

2

Report of the Director

4

Report of the Independent Auditors

6

Statement of Comprehensive Income

10

Balance Sheet

11

Statement of Changes in Equity

12

Cash Flow Statement

13

Notes to the Cash Flow Statement

14

Notes to the Financial Statements

16

DIRECTOR:

Mr S V Emmanuel

SECRETARY:

Mrs W K Emmanuel

REGISTERED OFFICE:

Kincraig Business Park

Building 3

Kincraig Road

Blackpool

Lancashire

FY2 0PJ

REGISTERED NUMBER:

02905218 (England and Wales)

AUDITORS:

Xeinadin Audit Limited

Statutory Auditor

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

The director presents his strategic report for the year ended 31 March 2025.

REVIEW OF BUSINESS

We aim to present a balanced, comprehensive review of our business during the year and its position at the year end. Our review is consistent with the size and nature of our business and is written in the context of the risks and uncertainties we face.

We consider that our key financial performance indicators are those that the communicate the financial performance and strength of the company as a whole, these being turnover, profit before taxation and shareholders' funds.

These have been detailed below.

2025

2024

2023

£

£

£

Turnover

19,092,700

17,723,404

16,709,977

2025

2024

2023

£

£

£

Profit before taxation

648,250

556,036

428,031

2025

2024

2023

£

£

£

Shareholders' funds

2,515,901

2,437,406

2,386,634

We are pleased with the results which show a healthy increase in sales of 7.7% on the previous year in a year that is impacted by the ongoing macroeconomic uncertainty in the UK.

Another key performance indicator of our business is the gross profit margin which has remained at 30%.

Shareholders' funds have continued to increase steadily.

PRINCIPAL RISKS AND UNCERTAINTIES

Risks

The principal risks faced by the company are as follows:

i)

Government spending cuts in the care sector could adversely impact on revenue and profitability in the future which is is also going to be impacted by inflation.

ii)

Unforeseen doubtful debts may place a strain on liquidity in the future.

The current rate of inflation which continues to rise, not only increases the cost of goods purchased but could also impact the level of spend that our private customers have available. Not only this, the government may be forced into spending cuts given the problem that they have with recent budgets. These could be passed on to public sector social services. The director continues to use his expertise and knowledge of the industry in order to minimize this risk and develop new sales opportunities as well as maximizing existing avenues of revenue.

Over fifty percent of the company's trade debtors are public sector social services departments so are considered low risk. The remaining balance of private client accounts are individually small in value and monitored through a robust debt control system, using technology where possible to improve efficiency.

ON BEHALF OF THE BOARD:

Mr S V Emmanuel - Director

15 December 2025

The director presents his report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of running domiciliary care and community meals services.

DIVIDENDS

An interim dividend of £32142.85714 per share was paid on 1 January 2025. The director recommends that no final dividend be paid.

The total distribution of dividends for the year ended 31 March 2025 will be £ 225,000 .

FUTURE DEVELOPMENTS

The director is optimistic that the company will continue to win new business and expand turnover placing it in an excellent position for future prosperity.

DIRECTOR

Mr S V Emmanuel held office during the whole of the period from 1 April 2024 to the date of this report.

EMPLOYMENT POLICIES

The company is committed to employing people with disabilities, giving full and fair consideration to employment applications from disabled persons, together with supporting the continued employment and training of employees who become disabled.

The company is committed to keeping all employees informed about general business developments.

ENGAGEMENT WITH EMPLOYEES

Open communication with our employees is of utmost importance to us and our staff are kept informed of the company's activities through regular meetings with staff representatives which are undertaken every month. Employees are given the opportunity to relay their ideas to us through their representative or via their staff appraisals. These meetings enable us to achieve a common awareness with our employees of the financial and economic factors affecting the performance of the company.

We are committed to giving our employees a safe and positive working environment, with our staff's mental and physical wellbeing at the forefront. We offer a range of benefits to encourage employees to involve themselves in the company performance including company sick pay, career support and an annual awards ceremony where awards are presented to staff. There is a definitive career progression for any of our employees, along with increases in pay. Pay is also reviewed annually. All of our staff are automatically enrolled into our work place pension scheme. In previous years we invested heavily in Personal Protective Equipment for all of our staff, to ensure that they remained as safe as possible during the Covid-19 pandemic, so that they can continue to deliver the standard of care that our clients have become accustomed to. We would never undertake any principal decisions that would exert undue pressure on our employees as our employees wellbeing is always taken into consideration.

STREAMLINED ENERGY AND CARBON REPORTING

The company is undergoing a process to record and reduce its carbon emissions. Details can be provided on request.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

ON BEHALF OF THE BOARD:

Mr S V Emmanuel - Director

15 December 2025

Opinion

We have audited the financial statements of I Care (GB) Limited (the 'company') for the year ended 31 March 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Director, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Director have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Director.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of director's remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page five, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

-the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

-we identified the laws and regulations applicable to the company through discussions with directors and other

management, and from our commercial knowledge and experience of the sector;

-we focused on specific laws and regulations which we considered may have a direct material effect on the financial

statements or the operations of the company, including the Companies Act 2006, taxation legislation and data

protection, anti-bribery, employment, care legislation and health and safety legislation;

-we assessed the extent of compliance with the laws and regulations identified above through making enquiries of

management and inspecting legal correspondence; and

-identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit

We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

-making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

-considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

-performed analytical procedures to identify any unusual or unexpected relationships;

-tested journal entries to identify unusual transactions; and

-investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

-agreeing financial statement disclosures to underlying supporting documentation;

-enquiring of management as to actual and potential litigation and claims; and

-reviewing correspondence with HMRC, relevant regulators including the Health and Safety Executive, and the

company’s legal advisors.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

James Schofield ACA (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Limited

Statutory Auditor

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

15 December 2025

TURNOVER

19,092,700

17,723,404

Cost of sales

13,403,098

12,400,977

GROSS PROFIT

5,689,602

5,322,427

Administrative expenses

4,355,560

4,220,530

1,334,042

1,101,897

Other operating income

990

429

OPERATING PROFIT

5

1,335,032

1,102,326

Loan from connected company written off

6

730,000

556,000

605,032

546,326

Interest receivable and similar income

53,676

23,269

658,708

569,595

Interest payable and similar expenses

7

10,458

13,559

PROFIT BEFORE TAXATION

648,250

556,036

Tax on profit

8

344,755

280,264

PROFIT FOR THE FINANCIAL YEAR

303,495

275,772

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

303,495

275,772

FIXED ASSETS

Intangible assets

10

-

-

Tangible assets

11

45,564

29,321

45,564

29,321

CURRENT ASSETS

Stocks

12

30,433

33,725

Debtors

13

2,453,644

2,642,444

Cash at bank and in hand

1,833,328

1,668,876

4,317,405

4,345,045

CREDITORS

Amounts falling due within one year

14

(1,844,037

)

(1,892,207

)

NET CURRENT ASSETS

2,473,368

2,452,838

TOTAL ASSETS LESS CURRENT LIABILITIES

2,518,932

2,482,159

CREDITORS

Amounts falling due after more than one year

15

-

(44,753

)

PROVISIONS FOR LIABILITIES

19

(3,031

)

-

NET ASSETS

2,515,901

2,437,406

CAPITAL AND RESERVES

Called up share capital

20

7

7

Capital redemption reserve

21

13

13

Retained earnings

21

2,515,881

2,437,386

SHAREHOLDERS' FUNDS

2,515,901

2,437,406

The financial statements were approved by the director and authorised for issue on 15 December 2025 and were signed by:

Mr S V Emmanuel - Director

Called up

Capital

share

Retained

redemption

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 April 2023

7

2,386,614

13

2,386,634

Changes in equity

Dividends

-

(225,000

)

-

(225,000

)

Total comprehensive income

-

275,772

-

275,772

Balance at 31 March 2024

7

2,437,386

13

2,437,406

Changes in equity

Dividends

-

(225,000

)

-

(225,000

)

Total comprehensive income

-

303,495

-

303,495

Balance at 31 March 2025

7

2,515,881

13

2,515,901

Cash flows from operating activities

Cash generated from operations

1

1,161,775

302,322

Interest paid

(10,458

)

(13,559

)

Tax paid

(452,264

)

(128,711

)

Net cash from operating activities

699,053

160,052

Cash flows from investing activities

Purchase of tangible fixed assets

(35,370

)

(12,025

)

Inter company loan movement for the year

-

(112,010

)

Interest received

53,676

23,269

Net cash from investing activities

18,306

(100,766

)

Cash flows from financing activities

Loan repayments in year

(64,940

)

(62,889

)

Amount introduced by related parties

636,291

592,897

Amount withdrawn by related parties

(684,971

)

(639,134

)

Equity dividends paid

(225,000

)

(225,000

)

Net cash from financing activities

(338,620

)

(334,126

)

Increase/(decrease) in cash and cash equivalents

378,739

(274,840

)

Cash and cash equivalents at beginning of year

2

1,454,589

1,729,429

Cash and cash equivalents at end of year

2

1,833,328

1,454,589

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

2025

2024

£

£

Profit before taxation

648,250

556,036

Depreciation charges

19,127

27,886

Finance costs

10,458

13,559

Finance income

(53,676

)

(23,269

)

624,159

574,212

Decrease in stocks

3,292

811

Decrease/(increase) in trade and other debtors

356,780

(78,325

)

Increase/(decrease) in trade and other creditors

177,544

(194,376

)

Cash generated from operations

1,161,775

302,322

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 March 2025

31/3/25

1/4/24

£

£

Cash and cash equivalents

1,833,328

1,668,876

Bank overdrafts

-

(214,287

)

1,833,328

1,454,589

Year ended 31 March 2024

31/3/24

1/4/23

£

£

Cash and cash equivalents

1,668,876

1,855,796

Bank overdrafts

(214,287

)

(126,367

)

1,454,589

1,729,429

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1/4/24

Cash flow

At 31/3/25

£

£

£

Net cash

Cash at bank and in hand

1,668,876

164,452

1,833,328

Bank overdrafts

(214,287

)

214,287

-

1,454,589

378,739

1,833,328

Debt

Debts falling due within 1 year

(64,666

)

20,187

(44,479

)

Debts falling due after 1 year

(44,753

)

44,753

-

(109,419

)

64,940

(44,479

)

Total

1,345,170

443,679

1,788,849

1.	STATUTORY INFORMATION

I Care (GB) Limited 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Turnover also represents the sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

Goodwill

Goodwill purchased during the previous year was being amortised over 5 years before being disposed of during the current year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

Over the remaining period of the lease

Plant and machinery

-

50% on reducing balance

Fixtures and fittings

-

33% on reducing balance

Motor vehicles

-

33% on reducing balance

Computer equipment

-

100% on cost

Tangible assets are stated at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

It is the policy that only those items valued at over £250 are capitalized. Items below this amount are taken to the relevant nominal within the profit and loss account.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Classification

Financial instruments are classified and accounted for according to the substance of the contractual

arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract

that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

The company may enter into arrangements to factor trade receivables. The accounting treatment depends on the extent to which the risks and rewards of ownership of those receivables are transferred. Where the company enters into a factoring arrangement with recourse and retains significant credit risk or other risks associated with the receivables, the receivables are not derecognised. Amounts advanced by the factor are instead recognised as a financial liability and are measured subsequently at amortised cost. In this situation, the factored receivables continue to be presented within trade debtors, with appropriate disclosure of the related liability.

Where the company enters into a factoring arrangement without recourse and substantially all risks and rewards are transferred to the factor, the receivables are derecognised. Any gain or loss arising on derecognition is recognised in profit or loss. If the company retains any form of continuing involvement, such as a residual interest, this is recognised separately as an asset or liability and is measured in accordance with FRS 102. Factoring fees and interest charges arising from these arrangements are recognised in profit or loss in the period to which they relate.

Taxation

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

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other debtors

Trade and other debtors that are receivable within one year and do not constitute a financing transaction are

recorded at the undiscounted amount expected to be received, net of impairment.

Trade and other creditors

Short term creditors are measured at transaction value.

Going concern

The company has at its disposal a lengthy and consistent record of strong cash generation which is more than sufficient to meet its day-to-day working capital requirements. Together with the positive bank balances at the year end, the director has a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future and for at least 12 months from the date that these Financial statements are approved. Therefore, the company continues to adopt the going concern basis in preparing the Financial statements.

3.	CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the Company's accounting policies, which are described in note 2, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.

Critical judgements in applying the Company's accounting policies and key source of estimation uncertainty

The following are the key sources of estimation uncertainty that the directors have assessed as being applicable to the entity and that have the most significant effect on the amounts recognised in the financial statements. It is deemed that there are no critical accounting judgements.

Fixed Assets

Accounting for fixed assets involves the use of estimates for (a) the useful live of the assets over which they are to be depreciated , and (b) the existence and any amount of impairment. Details of fixed assets can be found in note 10.

Fixed assets are depreciated on a reducing balance basis over the estimated useful lives. When the company estimates useful lives various factors are considered including expected technology obsolescence and the expected usage of the asset. The company regularly reviews these assets useful lives and future economic utilization and the physical condition of the assets concerned.

The carrying value of the assets is assessed periodically to determine whether there are any indications of any impairment of the value beyond the depreciation charge. If this is the case, an impairment charge is taken against the carrying value of the assets and charged to profit and loss account. The impairment of fixed assets require management judgement in determining the amounts to be impaired, in particular judgement is used when assessing the future cash flows.

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

12,974,232

12,001,066

Social security costs

942,752

810,769

Other pension costs

319,832

220,951

14,236,816

13,032,786

The average number of employees during the year was as follows:

2025

2024

Care

485

486

Meals

198

200

Office

47

48

730

734