Reepham Care Village Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11461588

Reepham Care Village Limited

Unaudited financial statements

31 July 2025

Reepham Care Village Limited

Statement of financial position

31 July 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	53,484	5,212
Investments	6	1	1
		-------	------
		53,485	5,213

Current assets

Stocks	7	2,179,502	2,910,073
Debtors	8	116,440	93,494
Cash at bank and in hand		1,273,019	801,601
		-----------	-----------
		3,568,961	3,805,168

Creditors: Amounts falling due within one year	9	( 3,741,799)		( 4,056,493)
		-----------		-----------
Net current liabilities			( 172,838)		( 251,325)
			---------		---------
Total assets less current liabilities			( 119,353)		( 246,112)
			---------		---------
Net liabilities			( 119,353)		( 246,112)
			---------		---------

Capital and reserves

Called up share capital	10	100	100
Profit and loss account		( 119,453)	( 246,212)
		---------	---------
Shareholders deficit		( 119,353)	( 246,112)
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 6 February 2026 , and are signed on behalf of the board by:

Mr A A Prendergast	Mrs S J Farrow
Director	Director

Company registration number: 11461588

Reepham Care Village Limited

Notes to the financial statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Main Office Ashtree Care Village, Ashtree Close, Reepham, Norfolk, United Kingdom, NR10 4FS.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

At 31 July 2025 the company's current liabilities exceeded its current assets by £172,838. Included within creditors is £2,787,693 owed to directors of the company. Therefore, based on the support of the directors, the accounts have been prepared on a going concern basis, the validity of which depends on support from the directors continuing to be made available.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	10% straight line
Fixtures and fittings	-	20% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Employee numbers

The average number of employees during the year was 4 (2024: 4 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Total
	£	£	£
Cost
At 1 August 2024	–	7,367	7,367
Additions	52,929	2,637	55,566
	-------	-------	-------
At 31 July 2025	52,929	10,004	62,933
	-------	-------	-------
Depreciation
At 1 August 2024	–	2,155	2,155
Charge for the year	5,293	2,001	7,294
	-------	-------	-------
At 31 July 2025	5,293	4,156	9,449
	-------	-------	-------
Carrying amount
At 31 July 2025	47,636	5,848	53,484
	-------	-------	-------
At 31 July 2024	–	5,212	5,212
	-------	-------	-------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 August 2024 and 31 July 2025	1
	----
Impairment
At 1 August 2024 and 31 July 2025	–
	----

Carrying amount
At 31 July 2025	1
	----
At 31 July 2024	1
	----

7. Stocks

	2025	2024
	£	£
Work in progress	2,179,502	2,910,073
	-----------	-----------

8. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings	111,796	88,773
Other debtors	4,644	4,721
	---------	-------
	116,440	93,494
	---------	-------

9. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	219,073	10,906
Social security and other taxes	4,244	–
Other creditors	3,518,482	4,045,587
	-----------	-----------
	3,741,799	4,056,493
	-----------	-----------

10. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 0.01 each	10,000	100	10,000	100
	-------	----	-------	----