REGISTERED NUMBER: 12097219 (England and Wales)

Financial Statements for the Year Ended 31st March 2025

for

FOREVER CARE (WALSALL) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

MRS S PERVEEN

SECRETARY:

REGISTERED OFFICE:

228 LICHFIELD ROAD

RUSHALL

WALSALL

West Midlands

WS4 1SA

REGISTERED NUMBER:

12097219 (England and Wales)

ACCOUNTANT:

A K & Co Accountants

732 Walsall Road

Great Barr

Birmingham

West Midlands

B42 1EX

FIXED ASSETS

Intangible assets

4

75,000

75,000

Property, plant and equipment

5

219,610

191,507

294,610

266,507

CURRENT ASSETS

Debtors

6

158,993

144,678

Cash at bank and in hand

106,460

13,989

265,453

158,667

CREDITORS

Amounts falling due within one year

7

260,356

94,884

NET CURRENT ASSETS

5,097

63,783

TOTAL ASSETS LESS CURRENT LIABILITIES

299,707

330,290

CREDITORS

Amounts falling due after more than one year

8

47,019

47,601

NET ASSETS

252,688

282,689

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

252,588

282,589

SHAREHOLDERS' FUNDS

252,688

282,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 11th May 2025 and were signed by:

MRS S PERVEEN - Director

1.	STATUTORY INFORMATION

FOREVER CARE (WALSALL) 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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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

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

Fixtures and fittings 15% pa on reducing balance

Computers 15% ps on reducing balance

Motor vehicle 25% pa on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 94 (2024 - 85 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

75,000

NET BOOK VALUE

At 31st March 2025

75,000

At 31st March 2024

75,000

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Short

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st April 2024

33,395

53,725

142,383

3,624

233,127

Additions

-

4,248

78,224

-

82,472

At 31st March 2025

33,395

57,973

220,607

3,624

315,599

DEPRECIATION

At 1st April 2024

-

2,827

37,785

1,008

41,620

Charge for year

-

8,271

45,706

392

54,369

At 31st March 2025

-

11,098

83,491

1,400

95,989

NET BOOK VALUE

At 31st March 2025

33,395

46,875

137,116

2,224

219,610

At 31st March 2024

33,395

50,898

104,598

2,616

191,507

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Recevable from council

158,993

144,678

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

COUNCIL OVER PAYMENT (Walsall)

159,000

-

Tax

-

35,897

Social security and other taxes

93,856

40,909

Directors' current accounts

4,750

15,328

Accrued expenses

2,750

2,750

260,356

94,884

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other loans (see note 9)

47,019

47,601

9.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due between one and two years:

Other loans - 1-2 years

47,019

47,601

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

ORDINARY SHARE CAPITAL

£1

100

100

11.

RESERVES

Retained

earnings

£

At 1st April 2024

282,589

Profit for the year

24,999

Dividends

(55,000

)

At 31st March 2025

252,588