REGISTERED NUMBER: 03083104 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Homecare Association Limited

Page

Company Information

1

Balance Sheet

2

Statement of Changes in Equity

3

Notes to the Financial Statements

4

DIRECTORS:

J K Townson Philpott

L G Campbell

N N Cross

C A Leavold-Todd

C Mainland

J R A Rennison

M Ross

S T Lowrie

M S A Ramzanali

C Southgate

G D J Stone

T J Wilson

K R Wordley

SECRETARY:

G D J Stone

REGISTERED OFFICE:

Mercury House

117 Waterloo Road

London

SE1 8UL

REGISTERED NUMBER:

03083104 (England and Wales)

ACCOUNTANTS:

Bullimores LLP

Chartered Accountants

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

10,879

11,322

10,879

11,322

CURRENT ASSETS

Stocks

8,016

10,967

Debtors

7

196,461

231,682

Cash at bank

621,224

474,520

825,701

717,169

CREDITORS

Amounts falling due within one year

8

795,151

744,784

NET CURRENT ASSETS/(LIABILITIES)

30,550

(27,615

)

TOTAL ASSETS LESS CURRENT LIABILITIES

41,429

(16,293

)

RESERVES

Income and expenditure account

41,429

(16,293

)

41,429

(16,293

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 surplus or deficit 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 Income Statement has not been delivered.

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

J R A Rennison - Director

Retained

Total

earnings

equity

£

£

Balance at 1 April 2024

(72,041

)

(72,041

)

Changes in equity

Total comprehensive income

55,748

55,748

Balance at 31 March 2025

(16,293

)

(16,293

)

Changes in equity

Total comprehensive income

57,722

57,722

Balance at 31 March 2026

41,429

41,429

1.	STATUTORY INFORMATION

Homecare Association Limited is a not-for-profit private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Revenue is measured at the fair value of the consideration receivable and represents amounts receivable for services provided in the normal course of business, net of discounts and VAT.

Membership and renewal subscriptions are recognised over the period in which the membership applies and in accordance with the stage of performance by the company. The Association has no material exposure to foreign currency risk.

Income from workshops and conferences is recognised at the time they take place. Advance booking receipts are dealt with as deferred income.

Intangible assets

Intangible Fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of amortisation and any impairment losses.

Amortisation was recognised so as to write off the cost or valuation of the assets less their residual values over their useful lives on the following bases:

Software Development

33% Straight Line

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 surplus or deficit.

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 the assets less their residual values over their useful lives on the following bases:

Plant and machinery

33% Straight Line

Fixtures, fittings & equipment

20% Straight Line

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 surplus or deficit.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2025 - 18 ) .

5.	INTANGIBLE FIXED ASSETS

DBS

development

costs

£

COST

At 1 April 2025

1,200

Disposals

(1,200

)

At 31 March 2026

-

AMORTISATION

At 1 April 2025

1,200

Eliminated on disposal

(1,200

)

At 31 March 2026

-

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

6.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2025

22,679

12,456

35,135

Additions

6,630

440

7,070

Disposals

(8,704

)

-

(8,704

)

At 31 March 2026

20,605

12,896

33,501

DEPRECIATION

At 1 April 2025

18,640

5,173

23,813

Charge for year

3,947

2,575

6,522

Eliminated on disposal

(7,713

)

-

(7,713

)

At 31 March 2026

14,874

7,748

22,622

NET BOOK VALUE

At 31 March 2026

5,731

5,148

10,879

At 31 March 2025

4,039

7,283

11,322

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

97,440

146,072

Other debtors

21,446

20,224

Tax

-

2,909

Prepayments and accrued income

77,575

62,477

196,461

231,682

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

102,485

85,694

Corporation tax

3,321

-

Social security and other taxes

32,016

25,840

VAT

56,918

57,334

Other creditors

8,997

5,996

Deferred income

584,252

562,984

Accrued expenses

7,162

6,936

795,151

744,784

9.	OPERATING LEASE COMMITMENTS

At 31 March 2026 the company had outstanding commitment for future minimum lease payments under non-cancellable operating leases of £111,060 (2025: £107,060)

10.	RELATED PARTY DISCLOSURES

Homecare Association Limited is a member-led professional association to promote high quality, sustainable care services for people living at home and in their local community. The member organisations pay annual membership subscriptions to Homecare Association Limited. The board of directors consists of representatives appointed from those member organisations. During the year Homecare Association Limited received £160,685 (2025 - £163,850) in membership subscriptions from the Directors member organisation.

11.	MEMBERS' LIABILITY

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1

12.	BASIS OF PREPARATION

The basis of preparation of the financial statements has been considered in the Report of the Directors. The Directors consider that the going concern basis is appropriate.