Mutual Care Limited - Filleted accounts

Registered number

11057106

Mutual Care Limited

Unaudited Filleted Accounts

30 November 2025

Mutual Care Limited
Registered number:		11057106
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		73,367			35,268

Current assets
Debtors	4	123,764			74,528
Cash at bank and in hand		98,472			55,115
		222,236			129,643

Creditors: amounts falling due within one year	5	(114,490)			(140,920)

Net current assets/(liabilities)			107,746			(11,277)

Total assets less current liabilities			181,113			23,991

Creditors: amounts falling due after more than one year	6		(31,907)			(1,576)

Provisions for liabilities			(1,813)			(6,700)


Net assets			147,393			15,715

Capital and reserves
Called up share capital			100			100
Profit and loss account			147,293			15,615

Shareholders' funds			147,393			15,715

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr P King
Director
Approved by the board on 29 July 2026

Mutual Care Limited
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £.

	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 rendering of services.Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold improvements			33% straight line
	Computer equipment			33% reducing balance
	Furniture and fixtures			20% straight line
	Motor vehicles			25% reducing balance


	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors and creditors receivable/payable within one year
	Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					35		30


3	Tangible fixed assets
		Leasehold improvements		Fixtures and fittings		Motor vehicles		Computer equipment		Total
£			£		£		£		£
	Cost
	At 1 December 2024	6,346		26,277		30,797		16,616		80,036
	Additions	5,005		733		60,921		5,952		72,611
	Disposals	-		(11,924)		(7,298)		(5,115)		(24,337)
	At 30 November 2025	11,351		15,086		84,420		17,453		128,310
								-
	Depreciation							-
	At 1 December 2024	6,346		19,946		9,442		9,034		44,768
	Charge for the year	1,652		2,806		19,636		4,296		28,390
	On disposals	-		(10,422)		(3,567)		(4,226)		(18,215)
	At 30 November 2025	7,998		12,330		25,511		9,104		54,943
								-
	Net book value							-
	At 30 November 2025	3,353		2,756		58,909		8,349		73,367
	At 30 November 2024	-		6,331		21,355		7,582		35,268


4	Debtors					2025		2024
£							£

	Trade debtors					26,184		11,792
	Other debtors					97,580		62,736
						123,764		74,528


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					1,578		3,161
	Obligations under finance lease and hire purchase contracts					9,664		-
	Trade creditors					30,612		14,256
	Taxation and social security costs					65,394		26,012
	Other creditors					7,242		97,491
						114,490		140,920


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		1,576
	Obligations under finance lease and hire purchase contracts					31,907		-
						31,907		1,576


7	Loans to participator
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mrs K Pincott
	Advances made	20,870		-		-		20,870

	Director
	Interest charged at HMRC's official rate, repayable on demand	(86,297)		115,476		(8,969)		20,210

		(65,427)		115,476		(8,969)		41,080


8	Related party transactions

	The spouse of a director owns 100% of the issued share capital of FLT Properties Limited. There are no other related party transactions. During the year, £74,000.00 (2024 - £70.54) was paid to FLT Properties Limited and £0 (2024 - £0.00) was received from FLT Properties Limited. At 30 November 2025, outstanding balances remaining were as follows: - Mutual Care Limited owed FLT Properties Limited £0 (2024 - £0.00). FLT Properties Limited owed Mutual Care Limited £0 (2024 - £0.00). Overall outstanding balance of £0 (2024 - £0.00). There was a shareholder loan outstanding at the year end of £20,870.33 (2024 - £20,870.33). On the date of the death of the director this loan was transferred to Mrs Pincott, the executor of Mr Pincott's estate and remains payable accordingly.


9	Other information

	Mutual Care Limited is a private company limited by shares and incorporated in England. Its registered office is:

	Grafton Lodge Battery Lane
	Portishead
	Bristol
	North Somerset
	BS20 7JD