Company registration number 04830566 (England and Wales)
OLD FRIENDS CARE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
OLD FRIENDS CARE LIMITED
COMPANY INFORMATION
Directors
Mrs H McNally
Mr K N McNally
Secretary
Oakley Secretarial Services Limited
Company number
04830566
Registered office
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
HSBC Bank Plc
Church Green West
Redditch
Worcestershire
B97 4EA
OLD FRIENDS CARE LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 6
OLD FRIENDS CARE LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF OLD FRIENDS CARE LIMITED FOR THE YEAR ENDED 31 JULY 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Old Friends Care Limited for the year ended 31 July 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Old Friends Care Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Old Friends Care Limited and state those matters that we have agreed to state to the b oard of d irectors of Old Friends Care Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Old Friends Care Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Old Friends Care Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Old Friends Care Limited. You consider that Old Friends Care Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Old Friends Care Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Ormerod Rutter Limited
5 November 2025
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
OLD FRIENDS CARE LIMITED
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
389
655
Current assets
Debtors
5
32,417
44,920
Cash at bank and in hand
72,292
39,757
104,709
84,677
Creditors: amounts falling due within one year
6
(79,395)
(73,523)
Net current assets
25,314
11,154
Total assets less current liabilities
25,703
11,809
Provisions for liabilities
7
(82)
(164)
Net assets
25,621
11,645
Capital and reserves
Called up share capital
8
104
104
Profit and loss reserves
25,517
11,541
Total equity
25,621
11,645

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 5 November 2025 and are signed on its behalf by:
Mrs H McNally
Director
Company registration number 04830566 (England and Wales)
OLD FRIENDS CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 3 -
1
Accounting policies
Company information

Old Friends Care Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Oakley, Kidderminster Road, Droitwich, Worcestershire, WR9 9AY.

1.1
Accounting convention

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 financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and has been fully amortised on a systematic basis over its expected life.

1.4
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:

Equipment
25% on reducing balance
Fixtures and fittings
25% on reducing balance
Computer equipment
25% on cost
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

OLD FRIENDS CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Employee benefits

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

1.7
Retirement benefits

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

1.8
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
46
48
3
Intangible fixed assets
Goodwill
£
Cost
At 1 August 2024 and 31 July 2025
30,000
Amortisation and impairment
At 1 August 2024 and 31 July 2025
30,000
Carrying amount
At 31 July 2025
-
0
At 31 July 2024
-
0
OLD FRIENDS CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 5 -
4
Tangible fixed assets
Equipment
Fixtures and fittings
Computer equipment
Total
£
£
£
£
Cost
At 1 August 2024 and 31 July 2025
6,749
12,054
39,293
58,096
Depreciation and impairment
At 1 August 2024
6,623
11,642
39,176
57,441
Depreciation charged in the year
38
111
117
266
At 31 July 2025
6,661
11,753
39,293
57,707
Carrying amount
At 31 July 2025
88
301
-
0
389
At 31 July 2024
126
412
117
655
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
22,926
25,372
Other debtors
9,491
19,548
32,417
44,920
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
264
252
Taxation and social security
32,013
26,956
Other creditors
47,118
46,315
79,395
73,523
7
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
82
164
OLD FRIENDS CARE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 6 -
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A of £1 each
70
70
70
70
Ordinary B of £1 each
16
16
16
16
Ordinary C of £1 each
6
6
6
6
Ordinary D of £1 each
6
6
6
6
Ordinary E of £1 each
6
6
6
6
104
104
104
104
9
Directors' transactions

Advances or credits have been granted by the company to its directors as follows:

Description
% Rate
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Loan accounts
-
19,548
34,443
(44,500)
9,491
19,548
34,443
(44,500)
9,491

The directors' loan account s were repaid within nine months of the year end.

10
Ultimate controlling party

The ultimate controlling party is Mr K N McNally and Mrs H McNally.

2025-07-31 2024-08-01 false false false 05 November 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mrs H McNally Mr K N McNally Oakley Secretarial Services Limited 04830566 2024-08-01 2025-07-31 04830566 bus:Director1 2024-08-01 2025-07-31 04830566 bus:Director2 2024-08-01 2025-07-31 04830566 bus:CompanySecretary1 2024-08-01 2025-07-31 04830566 bus:RegisteredOffice 2024-08-01 2025-07-31 04830566 bus:Agent1 2024-08-01 2025-07-31 04830566 2025-07-31 04830566 2024-07-31 04830566 core:PlantMachinery 2025-07-31 04830566 core:FurnitureFittings 2025-07-31 04830566 core:ComputerEquipment 2025-07-31 04830566 core:PlantMachinery 2024-07-31 04830566 core:FurnitureFittings 2024-07-31 04830566 core:ComputerEquipment 2024-07-31 04830566 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 04830566 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 04830566 core:CurrentFinancialInstruments 2025-07-31 04830566 core:CurrentFinancialInstruments 2024-07-31 04830566 core:ShareCapital 2025-07-31 04830566 core:ShareCapital 2024-07-31 04830566 core:RetainedEarningsAccumulatedLosses 2025-07-31 04830566 core:RetainedEarningsAccumulatedLosses 2024-07-31 04830566 core:ShareCapitalOrdinaryShareClass1 2025-07-31 04830566 core:ShareCapitalOrdinaryShareClass1 2024-07-31 04830566 core:ShareCapitalOrdinaryShareClass2 2025-07-31 04830566 core:ShareCapitalOrdinaryShareClass2 2024-07-31 04830566 core:ShareCapitalOrdinaryShareClass3 2025-07-31 04830566 core:ShareCapitalOrdinaryShareClass3 2024-07-31 04830566 core:ShareCapitalOrdinaryShareClass4 2025-07-31 04830566 core:ShareCapitalOrdinaryShareClass4 2024-07-31 04830566 core:ShareCapitalOrdinaryShareClass5 2025-07-31 04830566 core:ShareCapitalOrdinaryShareClass5 2024-07-31 04830566 core:ShareCapitalOrdinaryShares 2025-07-31 04830566 core:ShareCapitalOrdinaryShares 2024-07-31 04830566 core:Goodwill 2024-08-01 2025-07-31 04830566 core:PlantMachinery 2024-08-01 2025-07-31 04830566 core:FurnitureFittings 2024-08-01 2025-07-31 04830566 core:ComputerEquipment 2024-08-01 2025-07-31 04830566 2023-08-01 2024-07-31 04830566 core:Goodwill 2024-07-31 04830566 core:Goodwill 2025-07-31 04830566 core:Goodwill 2024-07-31 04830566 core:PlantMachinery 2024-07-31 04830566 core:FurnitureFittings 2024-07-31 04830566 core:ComputerEquipment 2024-07-31 04830566 2024-07-31 04830566 bus:OrdinaryShareClass1 2024-08-01 2025-07-31 04830566 bus:OrdinaryShareClass2 2024-08-01 2025-07-31 04830566 bus:OrdinaryShareClass3 2024-08-01 2025-07-31 04830566 bus:OrdinaryShareClass4 2024-08-01 2025-07-31 04830566 bus:OrdinaryShareClass5 2024-08-01 2025-07-31 04830566 bus:OrdinaryShareClass1 2025-07-31 04830566 bus:OrdinaryShareClass1 2024-07-31 04830566 bus:OrdinaryShareClass2 2025-07-31 04830566 bus:OrdinaryShareClass2 2024-07-31 04830566 bus:OrdinaryShareClass3 2025-07-31 04830566 bus:OrdinaryShareClass3 2024-07-31 04830566 bus:OrdinaryShareClass4 2025-07-31 04830566 bus:OrdinaryShareClass4 2024-07-31 04830566 bus:OrdinaryShareClass5 2025-07-31 04830566 bus:OrdinaryShareClass5 2024-07-31 04830566 bus:AllOrdinaryShares 2025-07-31 04830566 bus:AllOrdinaryShares 2024-07-31 04830566 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 04830566 bus:FRS102 2024-08-01 2025-07-31 04830566 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 04830566 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 04830566 bus:FullAccounts 2024-08-01 2025-07-31 xbrli:pure xbrli:shares iso4217:GBP