REGISTERED NUMBER: 10111550 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Lg Caring Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M A Galvin

Mrs L J Galvin

REGISTERED OFFICE:

Unit 3.9 Holmfield Mills

Holmfield

Halifax

West Yorkshire

HX3 6SN

REGISTERED NUMBER:

10111550 (England and Wales)

ACCOUNTANTS:

Horley Green Chartered Accountants

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

FIXED ASSETS

Tangible assets

4

57,971

64,258

CURRENT ASSETS

Debtors

5

278,683

284,124

Cash at bank

221,694

205,135

500,377

489,259

CREDITORS

Amounts falling due within one year

6

97,994

95,413

NET CURRENT ASSETS

402,383

393,846

TOTAL ASSETS LESS CURRENT LIABILITIES

460,354

458,104

CREDITORS

Amounts falling due after more than one year

7

(2,909

)

(4,852

)

PROVISIONS FOR LIABILITIES

(24,180

)

(12,090

)

NET ASSETS

433,265

441,162

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

433,165

441,062

433,265

441,162

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 28 December 2025 and were signed on its behalf by:

Mrs L J Galvin - Director

1.	STATUTORY INFORMATION

Lg Caring Ltd 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

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 20 (2024 - 33 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

40,000

22,421

43,179

105,600

Additions

-

10,703

-

10,703

At 31 March 2025

40,000

33,124

43,179

116,303

DEPRECIATION

At 1 April 2024

5,000

10,828

25,514

41,342

Charge for year

7,000

5,574

4,416

16,990

At 31 March 2025

12,000

16,402

29,930

58,332

NET BOOK VALUE

At 31 March 2025

28,000

16,722

13,249

57,971

At 31 March 2024

35,000

11,593

17,665

64,258

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

97,851

103,292

Directors' loan accounts

135,201

135,201

Tax

45,631

45,631

278,683

284,124

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

493

300

Tax

83,919

71,653

Social security and other taxes

9,017

18,583

Other creditors

965

1,277

Accrued expenses

3,600

3,600

97,994

95,413

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,909

4,852

8.	RELATED PARTY DISCLOSURES

The company is controlled by the company directors by virtue of their 100% share ownership.

As at the balance sheet date, the company was owed £135,201 (2024: £135,201) by the company directors. This amount is interest free and repayable in demand.