REGISTERED NUMBER: 10014822 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Elysium Care Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M McBride

Mrs M J McBride

REGISTERED OFFICE:

Stockton Lodge

Harrogate Lane

Stockton-on-Tees

TS19 8HD

REGISTERED NUMBER:

10014822 (England and Wales)

ACCOUNTANTS:

APC Accountancy

Chartered Accountants

73 Gilkes Street

Middlesbrough

TS1 5EH

FIXED ASSETS

Tangible assets

4

462,339

448,574

CURRENT ASSETS

Stocks

200

200

Debtors

5

25,623

66,170

Cash at bank and in hand

468,790

274,164

494,613

340,534

CREDITORS

Amounts falling due within one year

6

294,072

218,146

NET CURRENT ASSETS

200,541

122,388

TOTAL ASSETS LESS CURRENT LIABILITIES

662,880

570,962

PROVISIONS FOR LIABILITIES

7

23,084

19,643

NET ASSETS

639,796

551,319

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

639,694

551,217

639,796

551,319

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 17 December 2025 and were signed on its behalf by:

Mr M McBride - Director

Mrs M J McBride - Director

1.	STATUTORY INFORMATION

Elysium Care 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" 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.

Plant and machinery etc

-

25% on reducing balance, 20% on cost and 20% on reducing balance

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment loss.

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

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual

provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost

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.

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 48 (2024 - 43 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

370,000

175,994

545,994

Additions

-

45,873

45,873

At 31 March 2025

370,000

221,867

591,867

DEPRECIATION

At 1 April 2024

-

97,420

97,420

Charge for year

-

32,108

32,108

At 31 March 2025

-

129,528

129,528

NET BOOK VALUE

At 31 March 2025

370,000

92,339

462,339

At 31 March 2024

370,000

78,574

448,574

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

21,677

42,268

Other debtors

3,946

23,902

25,623

66,170

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

3,852

10,552

Taxation and social security

83,250

122,122

Other creditors

206,970

85,472

294,072

218,146

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

23,084

19,643

Deferred

tax

£

Balance at 1 April 2024

19,643

timing differences

3,441

Balance at 31 March 2025

23,084

8.	RELATED PARTY DISCLOSURES

At 31st March 2025 the company owed the directors £145,060. (2024: the directors owed the company £21,201).

9.	ULTIMATE CONTROLLING PARTY

The directors consider that there is no ultimate controlling party.