REGISTERED NUMBER: 11545719 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

CARECROFT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K Nair

REGISTERED OFFICE:

20-22 Wenlock Road

London

N1 7GU

REGISTERED NUMBER:

11545719 (England and Wales)

ACCOUNTANTS:

Kothari & Associates Ltd

30 Oakington Avenue

Harrow

Middlesex

HA2 7JJ

FIXED ASSETS

Intangible assets

5

11,521

15,360

Tangible assets

6

32,174

37,137

43,695

52,497

CURRENT ASSETS

Debtors

7

124,052

84,998

Cash at bank and in hand

52,252

52,765

176,304

137,763

CREDITORS

Amounts falling due within one year

8

190,444

144,759

NET CURRENT LIABILITIES

(14,140

)

(6,996

)

TOTAL ASSETS LESS CURRENT LIABILITIES

29,555

45,501

CREDITORS

Amounts falling due after more than one year

9

28,981

65,795

NET ASSETS/(LIABILITIES)

574

(20,294

)

CAPITAL AND RESERVES

Called up share capital

12

100

100

Retained earnings

13

474

(20,394

)

SHAREHOLDERS' FUNDS

574

(20,294

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 July 2026 and were signed by:

K Nair - Director

1.	STATUTORY INFORMATION

Carecroft Ltd 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.	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

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

15% on reducing balance

Computer equipment

-

20% on cost

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.

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 47 (2024 - 52 ) .

5.	INTANGIBLE FIXED ASSETS

Patents and

licences

£

COST

At 1 January 2025

and 31 December 2025

38,394

AMORTISATION

At 1 January 2025

23,034

Amortisation for year

3,839

At 31 December 2025

26,873

NET BOOK VALUE

At 31 December 2025

11,521

At 31 December 2024

15,360

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

32,901

13,990

10,912

57,803

Additions

-

-

2,336

2,336

At 31 December 2025

32,901

13,990

13,248

60,139

DEPRECIATION

At 1 January 2025

13,456

2,099

5,111

20,666

Charge for year

3,889

1,783

1,627

7,299

At 31 December 2025

17,345

3,882

6,738

27,965

NET BOOK VALUE

At 31 December 2025

15,556

10,108

6,510

32,174

At 31 December 2024

19,445

11,891

5,801

37,137

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

52,771

22,745

Amounts owed by participating interests

60,036

58,036

Accrued income

11,245

4,217

124,052

84,998

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Bank loans and overdrafts (see note 10)

33,828

34,500

Tax

11,175

1,030

Social security and other taxes

99,320

68,994

Other creditors

4,762

2,064

Hire purchase/Finance lease

9,643

12,123

Directors' current accounts

27

388

Accrued expenses

31,689

25,660

190,444

144,759

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/25

31/12/24

£

£

Bank loans (see note 10)

28,981

65,795

10.

LOANS

An analysis of the maturity of loans is given below:

31/12/25

31/12/24

£

£

Amounts falling due within one year or on demand:

Bank loans

33,828

34,500

Amounts falling due between two and five years:

Bank loans - 2-5 years

28,981

65,795

11.	LEASING AGREEMENTS

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

31/12/25

31/12/24

£

£

Within one year

85,000

76,000

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/25

31/12/24

value:

£

£

95

Ordinary

1

95

95

5

Ordinary

1

5

5

100

100

13.

RESERVES

Retained

earnings

£

At 1 January 2025

(20,394

)

Profit for the year

35,868

Dividends

(15,000

)

At 31 December 2025

474

14.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year ended 31 December 2025, the company owed the director £27 (2024 : £388).

15.	RELATED PARTY DISCLOSURES

At the year ended 31 December 2025, the company was due £60,036 (2024 : £58,036) from North London Ultrasound Ltd, a company in which the director has majority beneficial interest.

16.	ULTIMATE CONTROLLING PARTY

The controlling party is K Nair.

The ultimate controlling party is K Nair.

The ultimate controlling party is the director of the company, by virtue of owning majority shareholding in the company.