Newcare Housing Society 31/03/2026 iXBRL

Company registration number: 02613007

Newcare Housing Society

Trading as Necare Housing Society

Company limited by guarantee

Unaudited financial statements

31 March 2026

Newcare Housing Society

Company limited by guarantee

Contents

Directors and other information

Strategic report

Directors report

Statement of comprehensive income

Statement of financial position

Statement of changes in equity

Statement of cash flows

Notes to the financial statements

Newcare Housing Society

Company limited by guarantee

Directors and other information


	Directors	Mr Trevor Price
		Mrs Jennifer Price
		Mr James Lawrence Vaughan


	Company number	02613007


	Registered office	15, Court Street,
		Upton-upon-Severn
		Worcestershire
		WR8 0JS


	Business address	15, Court Street,
		Upton-upon-Severn
		Worcestershire
		WR8 0JS


	Accountant	Mr David Anfield
		1, Kinnersley,
		Severn Stoke,
		Worcester
		WR8 9JR

Newcare Housing Society

Company limited by guarantee

Strategic report

Year ended 31 March 2026

This report was approved by the board of directors on .................. and signed on behalf of the board by:

Mr Trevor Price

Director

Newcare Housing Society

Company limited by guarantee

Directors report

Year ended 31 March 2026

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2026.

Directors

The directors who served the company during the year were as follows:

Mr Trevor Price

Mrs Jennifer Price

Mr James Lawrence Vaughan

Dividends

The directors do not recommend the payment of a dividend.

This report was approved by the board of directors on 05 August 2026 and signed on behalf of the board by:

Mr Trevor Price

Director

Newcare Housing Society

Company limited by guarantee

Statement of comprehensive income

Year ended 31 March 2026

		2026	2025
	Note	£	£


Turnover	5	438,010	-
Staff costs	7	( 115,111)	-
Other operating expenses		( 281,081)	-
		_______	_______
Operating profit	6	41,818	-

Interest payable and similar expenses	9	( 716)	-
		_______	_______
Profit before taxation		41,102	-

Tax on profit		-	-
		_______	_______
Profit for the financial year and total comprehensive income		41,102	-
		_______	_______

All the activities of the company are from continuing operations.

Newcare Housing Society

Company limited by guarantee

Statement of financial position

31 March 2026

		2026		2025
	Note	£	£	£	£

Current assets
Debtors	11	65,869		-
Cash at bank and in hand		59,787		-
		_______		_______
		125,656		-
Creditors: amounts falling due
within one year	12	( 40,867)		-
		_______		_______
Net current assets/(liabilities)			84,789		-
			_______		_______
Total assets less current liabilities			84,789		-

			_______		_______
Net assets			84,789		-
			_______		_______

Capital and reserves
Profit and loss account			84,789		-
			_______		_______
Members funds			84,789		-
			_______		_______

For the year ending 31 March 2026 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.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements were approved by the board of directors and authorised for issue on 05 August 2026 , and are signed on behalf of the board by:

Mr Trevor Price

Director

Company registration number: 02613007

Newcare Housing Society

Company limited by guarantee

Statement of changes in equity

Year ended 31 March 2026

	Profit and loss account	Total
	£	£


At 1 April 2024	-	-

Profit for the year	-	-
	_______	_______
Total comprehensive income for the year	-	-

	_______	_______
At 31 March 2025 and 1 April 2025	43,687	43,687

Profit for the year	41,102	41,102
	_______	_______
Total comprehensive income for the year	41,102	41,102

	_______	_______
At 31 March 2026	84,789	84,789
	_______	_______

Newcare Housing Society

Company limited by guarantee

Statement of cash flows

Year ended 31 March 2026

	2026	2025
	£	£

Cash flows from operating activities
Profit for the financial year	41,102	-

Adjustments for:
Interest payable and similar expenses	716	-

Changes in:
Trade and other debtors	( 65,869)	-
	_______	_______
Cash generated from operations	( 24,051)	-

Interest paid	( 716)	-
	_______	_______
Net cash (used in)/from operating activities	( 24,767)	-
	_______	_______


Cash flows from financing activities
Proceeds from borrowings	40,867	-
	_______	_______
	_______	_______

Net increase/(decrease) in cash and cash equivalents	16,100	-
Cash and cash equivalents at beginning of year	-	-
	_______	_______
Cash and cash equivalents at end of year	16,100	-
	_______	_______

Newcare Housing Society

Company limited by guarantee

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by guarantee, registered in England. The address of the registered office is 15, Court Street,, Upton-upon-Severn, Worcestershire, WR8 0JS.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Limited by guarantee

5. Turnover

The whole of the turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

6. Operating profit

7. Staff costs

The aggregate payroll costs incurred during the year were:

	2026	2025
	£	£
Wages and salaries	115,111	-
	_______	_______

8. Directors remuneration

The directors aggregate remuneration in respect of qualifying services was:

	2026	2025
	£	£
Sums paid to third parties in respect of directors services	115,111	-
	_______	_______

9. Interest payable and similar expenses

	2026	2025
	£	£
Bank loans and overdrafts	716	-
	_______	_______

10. Earnings per share

Basic earnings/(loss) per share

The earnings/(loss) and weighted average number of shares used in the calculation of basic earnings/(loss) per share are as follows:

	2026	2025
	£	£
Profit for the year attributable to the owners of the company	41,102	-
	_______	_______

Diluted earnings/(loss) per share

The earnings/(loss) and weighted average number of shares used in the calculation of diluted earnings/(loss) per share are as follows:

	2026	2025
	£	£
Earnings/(loss) used in calculation of basic earnings/(loss) per share	41,102	-
	_______	_______

11. Debtors

	2026	2025
	£	£
Amounts owed by group undertakings	65,869	-

12. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	20,867	-
Director loan accounts	20,000	-
	_______	_______
	40,867	-
	_______	_______

13. Analysis of changes in net debt

	At 1 April 2025	Cash flows	At 31 March 2026
	£	£	£
Cash and cash equivalents	-	59,787	59,787
Debt due within one year	-	(40,867)	(40,867)
	_______	_______	_______
	-	18,920	18,920
	_______	_______	_______

14. Directors advances, credits and guarantees