REGISTERED NUMBER: 05983117 (England and Wales)

Strategic Report, Report of the Director and

Financial Statements for the Year Ended 31 March 2025

for

Silver Birch Care Limited

Page

Company Information

1

Strategic Report

2

Report of the Director

4

Report of the Independent Auditors

5

Statement of Income and Retained Earnings

9

Balance Sheet

10

Cash Flow Statement

11

Notes to the Cash Flow Statement

12

Notes to the Financial Statements

13

DIRECTOR:

Mr A.P T Lalani

REGISTERED OFFICE:

212 Ballards Lane

Sbch House

London

N3 2LX

REGISTERED NUMBER:

05983117 (England and Wales)

AUDITORS:

J F Francis Ltd

Statutory auditor

Francis House

2 Park Road

High Barnet

Barnet

Hertfordshire

EN5 5RN

ACCOUNTANTS:

TC Group

1st Floor, Spitalfields House

Stirling Way

Borehamwood

WD6 2FX

The director presents his strategic report for the year ended 31 March 2025.

REVIEW OF BUSINESS

The results for the year and the financial position of the group at the year end were considered satisfactory by the Directors. Continued growth is expected in the foreseeable future through organic expansion and selective acquisitions of providers that meet the group's operational and quality standards, in order to meet the needs of the UK's most vulnerable children and young adults.

The company provides Ofsted registered and regulated supported living services for young people aged 16 to 25 years within the M25 across its 26 provisions. During the financial year, the company also registered all 16 year old+ service homes as fully regulated Ofsted children's homes, as required by recent regulatory changes.

The company recognises the challenges that young people may encounter as they prepare to leave local authority care and seeks to help their transition to independent adult life by providing them with the highest level of support within a nurturing environment, helping to develop their skills through motivating them and facilitating their access to education and vocational training. Our extensive suite of software solutions enables proactive monitoring of key data in relation to our young people in care, as well as consistently offering various activities for our young people to take part in as part of an apprenticeship programme.

During the year the company received several external recognitions relating to service quality, good work practices, and community engagement. The company also continued its support for charities that provide education, vocational training, and life-skills development for vulnerable children, including support for the construction of a new children's home in Tanzania.

PRINCIPAL RISKS AND UNCERTAINTIES

The company's activities expose it to a number of operational and financial risks. The principal risks are set out below.

Quality of service

Maintaining consistent quality of care and education is essential to the company's operations and reputation. Induction, training programmes, and regular performance monitoring are in place to reduce the risk of service failure.

Safeguarding

Safeguarding young people is a core requirement of the group's activities. Safer recruitment procedures and a quality assurance framework, including regular internal audits and site visits, support compliance with safeguarding standards.

Recruitment

The group relies on a suitably skilled workforce. National shortages of qualified staff may affect the availability of appropriate candidates. Recruitment activity, including targeted campaigns and the recruitment of skilled candidates from overseas, helps mitigate this risk.

Regulatory compliance

The company operates in a regulated environment overseen by Ofsted, CQC, and local authorities. Adverse inspection outcomes or changes in regulatory requirements could affect operational capacity. The company monitors regulatory developments and maintains internal policies and oversight to support compliance.

Changes in government policy

Changes in legislation or policy relating to children's social care may affect demand, operating costs, or required standards. Senior management monitors proposed changes and assesses their potential impact on the group.

Data protection

The company handles sensitive personal information and is therefore subject to data protection requirements. Robust systems and controls are in place to mitigate risks relating to data security, including restricted access to information systems, staff training, and adherence to GDPR-compliant policies. The company is Cyber Essentials certified, which supports its approach to managing cybersecurity risks.

DEVELOPMENT AND PERFORMANCE

The company's financial performance for the year was broadly in line with Board expectations. The company continued to manage the challenges of inflationary cost pressures and sector-wide staffing shortages.

The company remains in a strong financial position supported by its property portfolio and consistent cash generation. Gross operating profits continued to be achieved despite tightening local authority budgets, increased regulatory compliance requirements, and evolving government standards across the sector.

KEY PERFORMANCE INDICATORS

The Key Performance indicators used by the directors to assess the performance of the group are as follows:-

31.3.25

31.3.24

£

£

Turnover

10,800,759

11,015,051

Operating profit

1,192,185

995,705

Occupancy rates

89%

95%

ON BEHALF OF THE BOARD:

Mr A.P T Lalani - Director

24 December 2025

The director presents his report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the company continued to be that of Supporting Young Persons aged 16 and over.

DIVIDENDS

No dividends will be distributed for the year ended 31 March 2025.

DIRECTOR

The director who held office during the year and up to the date of signature of the financial statements was as follows:

Mr A P T Lalani

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

J F Francis Limited were appointed as auditors to the company and are deemed to be reappointed under section 487(2) of the Companies Act 2006.

ON BEHALF OF THE BOARD:

Mr A.P T Lalani - Director

24 December 2025

Opinion

We have audited the financial statements of Silver Birch Care Limited (the 'company') for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Director have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Director.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of director's remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page four, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Extent to which the audit was considered capable of detecting irregularities, including fraud

The objectives of our audit, in respect to fraud, are: to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses; and to respond appropriately to fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the entity and its management.

Our approach was as follows:

- We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our general commercial and sector experience, and through discussion with the directors and other management (as required by auditing standards), and discussed with the directors and other management the policies and procedures regarding compliance with laws and regulations;

- We considered the legal and regulatory frameworks directly applicable to the financial statements reporting framework (FRS 102 and the Companies Act 2006) and the relevant tax compliance regulations in the UK;

- We considered the nature of the industry, the control environment and business performance, including the key drivers for management's remuneration;

- We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit;

- We considered the procedures and controls that the company has established to address risks identified, or that otherwise prevent, deter and detect fraud; and how senior management monitors those programmes and controls.

Based on this understanding we designed our audit procedures to identify non-compliance with such laws and regulations. Where the risk was considered to be higher, we performed audit procedures to address each identified fraud risk. These procedures included: testing manual journals; reviewing the financial statement disclosures and testing to supporting documentation; performing analytical procedures; and enquiring of management, and were designed to provide reasonable assurance that the financial statements were free from fraud or error.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Frank Yiallouris FCCA (Senior Statutory Auditor)

for and on behalf of J F Francis Ltd

Statutory auditor

Francis House

2 Park Road

High Barnet

Barnet

Hertfordshire

EN5 5RN

24 December 2025

TURNOVER

4

10,800,759

11,015,051

Cost of sales

(8,518,345

)

(8,898,100

)

GROSS PROFIT

2,282,414

2,116,951

Administrative expenses

(1,100,129

)

(1,164,914

)

1,182,285

952,037

Other operating income

9,900

43,668

OPERATING PROFIT

6

1,192,185

995,705

Interest payable and similar expenses

8

(139

)

(479

)

PROFIT BEFORE TAXATION

1,192,046

995,226

Tax on profit

9

(300,361

)

(209,971

)

PROFIT FOR THE FINANCIAL YEAR

891,685

785,255

Retained earnings at beginning of year

2,801,403

2,666,148

Dividends

10

-

(650,000

)

RETAINED EARNINGS AT END OF YEAR

3,693,088

2,801,403

FIXED ASSETS

Tangible assets

11

1,511,256

1,553,121

CURRENT ASSETS

Debtors

12

2,327,662

1,569,191

Cash at bank

1,233,656

386,127

3,561,318

1,955,318

CREDITORS

Amounts falling due within one year

13

(1,109,712

)

(430,290

)

NET CURRENT ASSETS

2,451,606

1,525,028

TOTAL ASSETS LESS CURRENT LIABILITIES

3,962,862

3,078,149

PROVISIONS FOR LIABILITIES

14

(269,674

)

(276,646

)

NET ASSETS

3,693,188

2,801,503

CAPITAL AND RESERVES

Called up share capital

15

100

100

Retained earnings

16

3,693,088

2,801,403

SHAREHOLDERS' FUNDS

3,693,188

2,801,503

The financial statements were approved by the director and authorised for issue on 24 December 2025 and were signed by:

Mr A.P T Lalani - Director

Cash flows from operating activities

Cash generated from operations

1

1,383,691

794,917

Interest paid

(139

)

(479

)

Tax paid

(141,585

)

(120,016

)

Net cash from operating activities

1,241,967

674,422

Cash flows from investing activities

Purchase of tangible fixed assets

(400,272

)

(853,245

)

Sale of tangible fixed assets

5,834

-

Net cash from investing activities

(394,438

)

(853,245

)

Cash flows from financing activities

Equity dividends paid

-

(650,000

)

Net cash from financing activities

-

(650,000

)

Increase/(decrease) in cash and cash equivalents

847,529

(828,823

)

Cash and cash equivalents at beginning of year

2

386,127

1,214,950

Cash and cash equivalents at end of year

2

1,233,656

386,127

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

31.3.25

31.3.24

£

£

Profit before taxation

1,192,046

995,226

Depreciation charges

432,221

361,188

Loss on disposal of fixed assets

4,084

-

Finance costs

139

479

1,628,490

1,356,893

Increase in trade and other debtors

(758,473

)

(327,968

)

Increase/(decrease) in trade and other creditors

513,674

(234,008

)

Cash generated from operations

1,383,691

794,917

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 March 2025

31.3.25

1.4.24

£

£

Cash and cash equivalents

1,233,656

386,127

Year ended 31 March 2024

31.3.24

1.4.23

£

£

Cash and cash equivalents

386,127

1,214,950

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24

Cash flow

At 31.3.25

£

£

£

Net cash

Cash at bank

386,127

847,529

1,233,656

386,127

847,529

1,233,656

Total

386,127

847,529

1,233,656

1.	STATUTORY INFORMATION

Silver Birch Care Limited is a private company limited by shares incorporated in England and Wales. The registered office is SBCH House, 212 Ballards Lane, London, N3 2LX.

2.	ACCOUNTING POLICIES

Company information

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

The director has reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The director regards the foreseeable future as no less than twelve months following the publication of these annual financial statements. The director has considered the company's balance sheet position as at the year end, its working capital forecasts, and projections, taking account of possible changes in trading performance and the current state of its operating market and is satisfied that the company has sufficient resources to remain in operational existence. Accordingly, he has adopted going concern basis in preparing these financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

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 Leasehold

over term of the lease

Fixtures, fittings & equipment

25% reducing balance method

Computer equipment

25% reducing balance method

Motor vehicles

25% reducing balance method

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.

Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

3.	CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Assets impairment

The company reviews on an annual basis the carrying amounts of tangible assets in order to determine if there is an indication of impairment. If any such indication exists, an impairment review is carried out in order to determine the extent of the impairment loss.

Valuation of debtors

Valuation of debtors is based upon ongoing assessments of the probable estimated losses inherent in the trade and other debtors portfolio. Assessments are conducted by the board employing a methodology and guidelines, which are continually monitored and improved. The primary component of this methodology comprises specific allowances and collective allowances.

In assessing the need for collective allowances, management considers debtors in arrears over 121 days but excludes those for which there are valid indications that they will be collected.

4.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

An analysis of turnover by geographical market is given below:

31.3.25

31.3.24

£

£

United Kingdom

10,800,759

11,015,051

10,800,759

11,015,051

5.	EMPLOYEES AND DIRECTORS

31.3.25

31.3.24

£

£

Wages and salaries

4,617,251

4,620,939

Social security costs

448,566

484,423

Other pension costs

91,761

102,020

5,157,578

5,207,382

The average number of employees during the year was as follows:

31.3.25

31.3.24

Management

1

1

Admin, care managers and support workers

116

129

117

130

31.3.25

31.3.24

£

£

Director's remuneration

-

-

6.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.25

31.3.24

£

£

Depreciation - owned assets

432,219

361,186

Loss on disposal of fixed assets

4,084

-

7.	AUDITORS' REMUNERATION

31.3.25

31.3.24

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

6,200

6,200

8.

INTEREST PAYABLE AND SIMILAR EXPENSES

31.3.25

31.3.24

£

£

Interest on Overdue Taxation

139

479

9.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

31.3.25

31.3.24

£

£

Current tax:

UK corporation tax

307,333

100,209

Deferred tax

(6,972

)

109,762

Tax on profit

300,361

209,971

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

31.3.25

31.3.24

£

£

Profit before tax

1,192,046

995,226

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

298,012

248,807

Effects of:

Expenses not deductible for tax purposes

1,021

713

Capital allowances in excess of depreciation

-

(107,867

)

Depreciation in excess of capital allowances

8,300

-

Adjustments to tax charge in respect of previous periods

-

(41,444

)

Deferred tax

(6,972

)

109,762

Total tax charge

300,361

209,971

10.

DIVIDENDS

31.3.25

31.3.24

£

£

Ordinary shares of £1 each

Interim

-

650,000

11.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

140,963

2,042,911

533,922

387,448

3,105,244

Additions

-

290,575

40,693

69,004

400,272

Disposals

-

-

(10,953

)

-

(10,953

)

At 31 March 2025

140,963

2,333,486

563,662

456,452

3,494,563

DEPRECIATION

At 1 April 2024

56,742

1,013,458

217,388

264,535

1,552,123

Charge for year

9,397

305,940

83,151

33,731

432,219

Eliminated on disposal

-

-

(1,035

)

-

(1,035

)

At 31 March 2025

66,139

1,319,398

299,504

298,266

1,983,307

NET BOOK VALUE

At 31 March 2025

74,824

1,014,088

264,158

158,186

1,511,256

At 31 March 2024

84,221

1,029,453

316,534

122,913

1,553,121