Lime Tree Care Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10485667

Lime Tree Care Ltd

Filleted Unaudited Financial Statements

31 March 2025

Lime Tree Care Ltd

Financial Statements

Year Ended 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Lime Tree Care Ltd

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed Assets

Tangible assets	5		2,923,045	2,959,391

Current Assets

Stock		400	300
Debtors	6	201,539	141,186
Cash at bank and in hand		312,077	1,049,379
		---------	------------
		514,016	1,190,865

Creditors: amounts falling due within one year	7	870,517		635,678
		---------		------------
Net Current (Liabilities)/Assets			( 356,501)	555,187
			------------	------------
Total Assets Less Current Liabilities			2,566,544	3,514,578

Creditors: amounts falling due after more than one year	8		118,359	1,714,623

Provisions	115,901	127,087
	------------	------------
Net Assets	2,332,284	1,672,868
	------------	------------

Capital and Reserves

Called up share capital	9	100	100
Profit and loss account		2,332,184	1,672,768
		------------	------------
Shareholders Funds		2,332,284	1,672,868
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Lime Tree Care Ltd

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 16 December 2025 , and are signed on behalf of the board by:

Mr R E Lee	Mrs C Lee
Director	Director

Company registration number: 10485667

Lime Tree Care Ltd

Notes to the Financial Statements

Year Ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lime Tree House, 119 Handley Road, New Whittington, Chesterfield, Derbyshire, S432EF, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents residents fees earned during the year.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Tangible assets

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

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% reducing balance
Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	15% reducing balance

There is no charge is respect of depreciation on freehold buildings for the period. In determining the residual value of freehold buildings, the directors have considered the amount they would currently obtain from disposal of the asset if the asset were already of the age and condition expected at the end of its useful life, having regard to the factors mentioned above. As a result, the directors estimate any depreciation charge to be immaterial and as such the depreciation charge is nil for the period.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.

Government grants

Government grants are recognised at the fair value of the grant received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 72 (2024: 66 ).

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Apr 2024	2,736,613	157,207	103,460	82,407	4,640	3,084,327
Additions	–	2,160	–	13,600	399	16,159
Disposals	–	( 12,543)	( 948)	( 5,600)	( 1,173)	( 20,264)
	------------	---------	---------	--------	-------	------------
At 31 Mar 2025	2,736,613	146,824	102,512	90,407	3,866	3,080,222
	------------	---------	---------	--------	-------	------------
Depreciation
At 1 Apr 2024	–	60,124	48,621	14,215	1,976	124,936
Charge for the year	–	19,812	8,226	17,587	445	46,070
Disposals	–	( 7,970)	( 590)	( 4,575)	( 694)	( 13,829)
	------------	---------	---------	--------	-------	------------
At 31 Mar 2025	–	71,966	56,257	27,227	1,727	157,177
	------------	---------	---------	--------	-------	------------
Carrying amount
At 31 Mar 2025	2,736,613	74,858	46,255	63,180	2,139	2,923,045
	------------	---------	---------	--------	-------	------------
At 31 Mar 2024	2,736,613	97,083	54,839	68,192	2,664	2,959,391
	------------	---------	---------	--------	-------	------------

6. Debtors

	2025	2024
	£	£
Trade debtors	68,310	91,748
Amounts owed by group undertakings and undertakings in which the company has a participating interest	66,000	–
Other debtors	67,229	49,438
	---------	---------
	201,539	141,186
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	194,524	92,036
Trade creditors	61,541	64,305
Corporation tax	256,186	278,501
Social security and other taxes	40,493	34,559
Other creditors	317,773	166,277
	---------	---------
	870,517	635,678
	---------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,692	996,384
Directors loan account	–	592,822
Other creditors	116,667	125,417
	---------	------------
	118,359	1,714,623
	---------	------------

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	80	80	80	80
Ordinary B shares of £ 1 each	20	20	20	20
	----	----	----	----
	100	100	100	100
	----	----	----	----

10. Events after the end of the reporting period

On 21st May 2025, 100% of the company's issued share capital was acquired by Stakesby Holdings Limited by way of a share for share exchange.