Company Registration No. 06433804 (England and Wales)
Croeso Care Limited
Unaudited accounts
for the year ended 31 March 2025
Croeso Care Limited
Unaudited accounts
Contents
Croeso Care Limited
Company Information
for the year ended 31 March 2025
Directors
Heather Margaret Burt
Fiona Morris
Company Number
06433804 (England and Wales)
Registered Office
Croeso Care Ltd
Adpar
Newcastle Emlyn
Dyfed
SA38 9ED
Wales
Croeso Care Limited
Statement of financial position
as at 31 March 2025
Tangible assets
708,273
490,619
Cash at bank and in hand
312,888
570,571
Creditors: amounts falling due within one year
(333,211)
(377,504)
Net current assets
904,919
814,765
Total assets less current liabilities
1,613,192
1,305,384
Creditors: amounts falling due after more than one year
(188,601)
(16,310)
Provisions for liabilities
Deferred tax
(22,946)
(10,943)
Net assets
1,401,645
1,278,131
Called up share capital
100
100
Profit and loss account
1,401,545
1,278,031
Shareholders' funds
1,401,645
1,278,131
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by
Heather Margaret Burt
Director
Company Registration No. 06433804
Croeso Care Limited
Notes to the Accounts
for the year ended 31 March 2025
Croeso Care Limited is a private company, limited by shares, registered in England and Wales, registration number 06433804. The registered office is Croeso Care Ltd, Adpar , Newcastle Emlyn, Dyfed, SA38 9ED, Wales.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
Plant & machinery
20% straight line
Motor vehicles
25% reducing balance
Fixtures & fittings
25% straight line
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Croeso Care Limited
Notes to the Accounts
for the year ended 31 March 2025
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2024
414,668
83,687
228,432
24,181
6,984
757,952
Additions
-
-
264,871
2,480
1,527
268,878
At 31 March 2025
414,668
83,687
493,303
26,661
8,511
1,026,830
At 1 April 2024
-
50,413
193,700
21,409
1,811
267,333
Charge for the year
-
8,125
40,625
926
1,548
51,224
At 31 March 2025
-
58,538
234,325
22,335
3,359
318,557
At 31 March 2025
414,668
25,149
258,978
4,326
5,152
708,273
At 31 March 2024
414,668
33,274
34,732
2,772
5,173
490,619
Amounts falling due within one year
Other debtors
925,242
621,698
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
8,604
9,449
Obligations under finance leases and hire purchase contracts
22,212
-
Taxes and social security
113,155
194,967
Other creditors
189,240
173,088
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
180,050
-
Croeso Care Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Average number of employees
During the year the average number of employees was 49 (2024: 50).