REGISTERED NUMBER: 06799505 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Olivia Josephine Care Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Daswani

J K Poole

K Evans

H Evans

REGISTERED OFFICE:

3-5 College Street

Nottingham

Nottinghamshire

NG1 5AQ

REGISTERED NUMBER:

06799505 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,279,604

1,284,884

1,279,604

1,284,884

CURRENT ASSETS

Stocks

1,200

1,200

Debtors

6

446,289

435,597

Cash at bank and in hand

274,311

91,075

721,800

527,872

CREDITORS

Amounts falling due within one year

7

165,568

218,636

NET CURRENT ASSETS

556,232

309,236

TOTAL ASSETS LESS CURRENT LIABILITIES

1,835,836

1,594,120

PROVISIONS FOR LIABILITIES

51,255

49,020

NET ASSETS

1,784,581

1,545,100

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

1,784,481

1,545,000

SHAREHOLDERS' FUNDS

1,784,581

1,545,100

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 22 December 2025 and were signed on its behalf by:

K Evans - Director

1.	STATUTORY INFORMATION

Olivia Josephine 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents residents' fees receivable.

Goodwill

Goodwill is the difference between the fair value of consideration paid for an acquired entity and the

aggregate of the fair value of that entity's identifiable assets and liabilities.

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over the expected useful economic life as follows:

Goodwill

Over 10 years

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings freehold

Nil

Plant and machinery

25% reducing balance

Fixtures, fittings & equipment

25% straight line basis

Office equipment

25% straight line basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss .

The freehold properties are not depreciated. The company has a policy and practice of regular maintenance and repairs to properties such that the standard of performance is considered to be maintained, any depreciation charge and accumulated depreciation is considered to be immaterial. The company's policy is to undertake a full impairment review of the properties each year and adjust valuation if necessary.

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

38,974

AMORTISATION

At 1 April 2024

and 31 March 2025

38,974

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

1,260,215

144,739

152,763

18,549

1,576,266

Additions

-

-

1,664

-

1,664

At 31 March 2025

1,260,215

144,739

154,427

18,549

1,577,930

DEPRECIATION

At 1 April 2024

-

123,265

149,844

18,273

291,382

Charge for year

-

5,369

1,354

221

6,944

At 31 March 2025

-

128,634

151,198

18,494

298,326

NET BOOK VALUE

At 31 March 2025

1,260,215

16,105

3,229

55

1,279,604

At 31 March 2024

1,260,215

21,474

2,919

276

1,284,884

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

79,030

25,503

Amounts owed by group undertakings

352,318

406,241

Other debtors

14,941

3,853

446,289

435,597

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

7,872

4,527

Taxation and social security

14,843

165,081

Other creditors

142,853

49,028

165,568

218,636

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary A

£1

100

100