REGISTERED NUMBER: 02680675 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 AUGUST 2024 TO 31 JANUARY 2026

FOR

Westcare Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

8

Directors:

Miss D Webster

Mrs F Boulton

Registered office:

Unit 20, Forresters Business Park

35 Estover Close

Plymouth

Devon

PL6 7PL

Registered number:

02680675 (England and Wales)

Accountants:

Websters

129 North Hill

Plymouth

Devon

PL4 8JY

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

37,958

61,770

37,958

61,770

Current assets

Stocks

54,822

69,213

Debtors

6

259,964

298,689

Cash at bank and in hand

109,731

182,163

424,517

550,065

Creditors

Amounts falling due within one year

7

220,682

391,792

Net current assets

203,835

158,273

Total assets less current liabilities

241,793

220,043

Provisions for liabilities

10

9,400

9,700

Net assets

232,393

210,343

Capital and reserves

Called up share capital

11

50

50

Capital redemption reserve

50

50

Profit and loss account

232,293

210,243

Shareholders' funds

232,393

210,343

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2026 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2026 and were signed on its behalf by:

Miss D Webster - Director

1.	STATUTORY INFORMATION

Westcare 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

Turnover is measured at the fair value of the consideration receivable, including any uninvoiced work in progress as at the year end, net of discounts and value added tax. Turnover includes revenue from the sale of goods and is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

Goodwill

Goodwill, being the amount paid in connection with the aquisition of businesses is amortised evenly over its estimated useful life of five 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 calculated to write down the cost of tangible fixed assets over their expected useful economic lives using the following rates:

Freehold land

- nil

Freehold property

- straight line over 50 years

Leasehold upgrades

- straight line over remaining period of primary lease

Fittings & equipment

- 10%-50% reducing balance

Vans

- 25% reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in, first out basis. Net realisable value represents estimated selling price less costs required to sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 period 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.

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.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Grants

Grants received in respect of the purchase of fixed assets are recorded as deferred income in creditors. The grant income is released on a straight line basis to the profit and loss account over the expected useful economic life of the relevant asset. Amounts released in the period are included within other operating income.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 18 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 August 2024

and 31 January 2026

62,360

Amortisation

At 1 August 2024

and 31 January 2026

62,360

Net book value

At 31 January 2026

-

At 31 July 2024

-

5.	TANGIBLE FIXED ASSETS

Buildings

& leasehold

upgrades

Vans

Totals

£

£

£

Cost

At 1 August 2024

106,600

57,062

163,662

Additions

990

23,150

24,140

Disposals

-

(14,350

)

(14,350

)

At 31 January 2026

107,590

65,862

173,452

Depreciation

At 1 August 2024

70,680

31,212

101,892

Charge for period

26,561

12,693

39,254

Eliminated on disposal

-

(5,652

)

(5,652

)

At 31 January 2026

97,241

38,253

135,494

Net book value

At 31 January 2026

10,349

27,609

37,958

At 31 July 2024

35,920

25,850

61,770

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Trade debtors

164,149

271,247

Amounts owed by group undertakings

27,216

-

Other debtors

68,599

27,442

259,964

298,689

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Bank loans and overdrafts

-

61,661

Trade creditors

169,241

174,932

Amounts owed to group undertakings

-

86,542

Taxation and social security

45,355

62,040

Other creditors

6,086

6,617

220,682

391,792

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2024

£

£

Within one year

13,750

55,000

Between one and five years

-

41,250

13,750

96,250

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2024

£

£

Bank loans

-

61,661

10.	PROVISIONS FOR LIABILITIES

2026

2024

£

£

Deferred tax

9,400

9,700

Deferred

tax

£

Balance at 1 August 2024

9,700

Provided during period

(300

)

Balance at 31 January 2026

9,400

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2024

value:

£

£

50

Ordinary shares

£1

50

50

12.	RELATED PARTY DISCLOSURES AND TRANSACTIONS WITH DIRECTORS

At the balance sheet date the company owed D Webster, the director of the company and owner of the holding company, £1,431.

No interest has been charged on this amount.

During the period, rent of £82,500, hire of equipment of £7,500 and service charges of £12,375 were paid to Westfit Limited.

During the period, management charges of £25,000 were received from Talpa Office Products Limited, a fellow 100% subsidiary of Westfit Limited.

13.	ULTIMATE CONTROLLING PARTY

Westcare Limited is a 100% subsidiary of Westfit Limited which is wholly owned by Miss D P Webster.