Care and Wellbeing Group Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—9

Report to the directors on the preparation of the unaudited statutory accounts of Care and Wellbeing Group Limited for the period 1 February 2025 to 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Care and Wellbeing Group Limited which comprise the Profit and Loss Account, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Care and Wellbeing Group Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Care and Wellbeing Group Limited and state those matters that we have agreed to state to the directors of Care and Wellbeing Group Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Care and Wellbeing Group Limited and its directors as a body for our work or for this report.

It is your duty to ensure that Care and Wellbeing Group Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Care and Wellbeing Group Limited . You consider that Care and Wellbeing Group Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Care and Wellbeing Group 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 financial statements.

30 July 2026

Nuvo Scotland Limited

Bankhead Drive

City South Office Park

Portlethen

Aberdeen

AB12 4XX

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Care and Wellbeing Group Limited

Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: 06784151

		31 March 2026		31 January 2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		208,364		238,449

			208,364		238,449
CURRENT ASSETS
Debtors	6	1,101,898		1,084,110
Cash at bank and in hand		713,634		726,983

		1,815,532		1,811,093
Creditors: Amounts Falling Due Within One Year	7	(970,976 )		(908,198 )

NET CURRENT ASSETS (LIABILITIES)			844,556		902,895

TOTAL ASSETS LESS CURRENT LIABILITIES			1,052,920		1,141,344

Creditors: Amounts Falling Due After More Than One Year	8		(555,703 )		(704,763 )

NET ASSETS			497,217		436,581

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			497,117		436,481

SHAREHOLDERS' FUNDS			497,217		436,581

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Care and Wellbeing Group Limited

Balance Sheet (continued)

As At 31 March 2026

For the period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms L McCormack

Director

30 July 2026

The notes on pages 4 to 9 form part of these financial statements.

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Care and Wellbeing Group Limited

Notes to the Financial Statements

For the Period 1 February 2025 to 31 March 2026

Notes to the Financial Statements

1. General Information

Care and Wellbeing Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06784151 . The registered office is 80-86 New London Road, Chelmsford, Essex, CM2 0PD.

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

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Significant judgements and estimations

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 7 years.

2.5. Tangible Fixed Assets and Depreciation

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Assets held under finance leases are depreciated in the same way as owned assets.

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	33% on cost
Motor Vehicles	20% on reducing balance
Fixtures & Fittings	20% on reducing balance
Computer Equipment	25% on cost

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

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Care and Wellbeing Group Limited

Notes to the Financial Statements (continued)

For the Period 1 February 2025 to 31 March 2026

2.7. Financial Instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs.

Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.

Basic financial liabilities

Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price.

Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method.

Financial liabilities are derecognised when the company's contractual obligations are discharged.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

2.8. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.9. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 138 (2025: 136)

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Care and Wellbeing Group Limited

Notes to the Financial Statements (continued)

For the Period 1 February 2025 to 31 March 2026

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 February 2025	29,550

As at 31 March 2026	29,550

Amortisation
As at 1 February 2025	29,550

As at 31 March 2026	29,550

Net Book Value
As at 31 March 2026	-

As at 1 February 2025	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 February 2025	-	369,739	62,556	69,938	502,233
Additions	3,725	36,101	-	13,593	53,419
Disposals	-	(36,540 )	(6,470 )	-	(43,010 )

As at 31 March 2026	3,725	369,300	56,086	83,531	512,642

Depreciation
As at 1 February 2025	-	154,516	49,835	59,433	263,784
Provided during the period	103	46,258	2,968	6,950	56,279
Disposals	-	(14,491 )	(1,294 )	-	(15,785 )

As at 31 March 2026	103	186,283	51,509	66,383	304,278

Net Book Value
As at 31 March 2026	3,622	183,017	4,577	17,148	208,364

As at 1 February 2025	-	215,223	12,721	10,505	238,449

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	31 March 2026	31 January 2025
	£	£
Motor Vehicles	183,896	178,836

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Care and Wellbeing Group Limited

Notes to the Financial Statements (continued)

For the Period 1 February 2025 to 31 March 2026

6. Debtors

	31 March 2026	31 January 2025
	£	£
Due within one year
Trade debtors	194,173	128,153
Prepayments and accrued income	112,744	207,154
Other debtors	17,958	17,824
Other Asset Loan	-	36,499
Directors' loan accounts	112,138	29,055
Amounts owed by group undertakings	664,885	665,425

	1,101,898	1,084,110

7. Creditors: Amounts Falling Due Within One Year

	31 March 2026	31 January 2025
	£	£
Net obligations under finance lease and hire purchase contracts	24,622	28,236
Trade creditors	63,100	23,524
Bank loans and overdrafts	108,300	90,321
Corporation tax	18,975	23,799
Other taxes and social security	21,573	17,096
Other creditors	186,944	203,064
Accruals and deferred income	547,462	521,971
Directors' loan accounts	-	187

	970,976	908,198

8. Creditors: Amounts Falling Due After More Than One Year

	31 March 2026	31 January 2025
	£	£
Net obligations under finance lease and hire purchase contracts	128,228	152,182
Bank loans	427,475	552,581

	555,703	704,763

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	31 March 2026		31 January 2025
	£		£
Bank loans	-		116,397

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Care and Wellbeing Group Limited

Notes to the Financial Statements (continued)

For the Period 1 February 2025 to 31 March 2026

9. Secured Creditors

Of the creditors the following amounts are secured.

The company has granted a floating charge in favour of Lloyds Bank PLC over all current and future property and undertakings of the business.

	31 March 2026		31 January 2025
	£		£
Bank loans and overdrafts	535,775		642,902

10. Obligations Under Finance Leases and Hire Purchase

	31 March 2026	31 January 2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	24,622	28,236
Later than one year and not later than five years	128,228	152,182

	152,850	180,418

	152,850	180,418

11. Share Capital

	31 March 2026	31 January 2025
	£	£
Allotted, Called up and fully paid	100	100

12. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	31 March 2026	31 January 2025
	£	£
Not later than one year	129,456	62,132
Later than one year and not later than five years	225,783	195,890
Later than five years	7,969	-

	363,208	258,022

13. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Kevin McCormack	29,054	78,636	(32,508 )	-	75,183
Ms Lucy McCormack	(187 )	47,123	(9,981 )	-	36,955

The above loans are interest free and have no fixed repayment terms.

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Care and Wellbeing Group Limited

Notes to the Financial Statements (continued)

For the Period 1 February 2025 to 31 March 2026

14. Related Party Transactions

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

15. Ultimate Parent Undertaking and Controlling Party

From 29 October 2024, the company's immediate and ultimate parent company is Care & Wellbeing Holdings Limited. The ultimate controlling party is K McCormack by virtue of his ownership of 98% of the shares of Care & Wellbeing Holdings Limited

Prior to 29 October 2024, the company had no parent company and the ultimate controlling parties were K McCormack and T McCormack by virtue of their combined 99% ownership of the issued share capital in the company.

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