Butterflys Care Homes Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06529960

Butterflys Care Homes Limited

Filleted Unaudited Financial Statements

30 September 2025

Butterflys Care Homes Limited

Financial Statements

Year ended 30 September 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Butterflys Care Homes Limited

Statement of Financial Position

30 September 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	6		4,286,673		4,242,738

Current assets

Debtors	7	560,628	541,755
Cash at bank and in hand		121,256	261,304
		---------	---------
		681,884	803,059

Creditors: amounts falling due within one year	8	521,679		683,555
		---------		---------
Net current assets			160,205		119,504
			------------		------------
Total assets less current liabilities			4,446,878		4,362,242

Creditors: amounts falling due after more than one year	9		1,212,444		1,220,778

Provisions

Taxation including deferred tax	10	168,602	156,868
		------------	------------
Net assets		3,065,832	2,984,596
		------------	------------

Capital and reserves

Called up share capital	11	1,000	1,000
Revaluation reserve		719,130	719,130
Profit and loss account		2,345,702	2,264,466
		------------	------------
Shareholders funds		3,065,832	2,984,596
		------------	------------

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 30 September 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 .

Butterflys Care Homes Limited

Statement of Financial Position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 10 June 2026 , and are signed on behalf of the board by:

J A Webster

Director

Company registration number: 06529960

Butterflys Care Homes Limited

Notes to the Financial Statements

Year ended 30 September 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 1-3 Bromley Road, Colchester, Essex, CO4 3JE.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered.

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.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated 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:

Freehold property	-	2% straight line
Motor vehicles	-	20% straight line
Plant and machinery	-	20% straight line

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 114 (2024: 110 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 October 2024 and 30 September 2025	550,000
	---------
Amortisation
At 1 October 2024 and 30 September 2025	550,000
	---------
Carrying amount
At 30 September 2025	–
	---------
At 30 September 2024	–
	---------

6. Tangible assets

	Freehold Property	Motor vehicles	Plant and machinery	Total
	£	£	£	£
Cost or valuation
At 1 October 2024	4,341,818	182,880	181,718	4,706,416
Additions	–	87,201	41,992	129,193
Disposals	–	( 24,000)	–	( 24,000)
	------------	---------	---------	------------
At 30 September 2025	4,341,818	246,081	223,710	4,811,609
	------------	---------	---------	------------
Depreciation
At 1 October 2024	183,722	136,607	143,349	463,678
Charge for the year	39,455	21,725	19,278	80,458
Disposals	–	( 19,200)	–	( 19,200)
	------------	---------	---------	------------
At 30 September 2025	223,177	139,132	162,627	524,936
	------------	---------	---------	------------
Carrying amount
At 30 September 2025	4,118,641	106,949	61,083	4,286,673
	------------	---------	---------	------------
At 30 September 2024	4,158,096	46,273	38,369	4,242,738
	------------	---------	---------	------------

Tangible assets held at valuation

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

	Freehold property
	£
At 30 September 2025
Aggregate cost	421,277
Aggregate depreciation	–
	---------
Carrying value	421,277
	---------

At 30 September 2024
Aggregate cost	421,277
Aggregate depreciation	–
	---------
Carrying value	421,277
	---------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 30 September 2025	94,808
	--------
At 30 September 2024	27,673
	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	175,128	244,954
Prepayments and accrued income	144,553	150,442
Directors loan account	238,542	146,359
Other debtors	2,405	–
	---------	---------
	560,628	541,755
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	69,331	168,248
Trade creditors	8,566	28,322
Accruals and deferred income	178,473	181,031
Corporation tax	162,419	225,310
Social security and other taxes	83,906	73,406
Obligations under finance leases and hire purchase contracts	10,972	6,250
Other creditors	8,012	988
	---------	---------
	521,679	683,555
	---------	---------

The bank loans and overdrafts are secured by way of debenture.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,138,554	1,200,056
Obligations under finance leases and hire purchase contracts	73,890	20,722
	------------	------------
	1,212,444	1,220,778
	------------	------------

The bank loans and overdrafts are secured by way of debenture.

10. Provisions

	Deferred tax
	£
At 1 October 2024	156,868
Additions	11,734
	---------
At 30 September 2025	168,602
	---------

11. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	760	760	760	760
Ordinary B shares of £ 1 each	240	240	240	240
	-------	-------	-------	-------
	1,000	1,000	1,000	1,000
	-------	-------	-------	-------

12. Directors' advances, credits and guarantees

At the year end M J Webster and Mrs J E Webster owed the company £238,542 which is shown amongst debtors (2024: £146,359). Interest of £7,084 (2024: £3,980) has been charged on this loan.

13. Related party transactions

The company was under the joint control of M J Webster and Mrs J E Webster throughout the current and previous year. M J Webster and Mrs J E Webster are directors and majority shareholders.