Registration number: 03027038

Bettercare (Lincoln) Limited

Contents

Accountants' Report	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 5

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Bettercare (Lincoln) Limited
for the Year Ended 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 Bettercare (Lincoln) Limited for the year ended 31 March 2026 as set out on pages 2 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Bettercare (Lincoln) 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 Bettercare (Lincoln) Limited and state those matters that we have agreed to state to the Board of Directors of Bettercare (Lincoln) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bettercare (Lincoln) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Bettercare (Lincoln) 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 of Bettercare (Lincoln) Limited. You consider that Bettercare (Lincoln) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Bettercare (Lincoln) 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 statutory accounts.

......................................

Page Kirk LLP
Chartered Accountants
Sherwood House
7 Gregory Boulevard
Nottingham
Nottinghamshire
NG7 6LB

15 July 2026

Bettercare (Lincoln) Limited

(Registration number: 03027038)
Abridged Balance Sheet as at 31 March 2026

	Note	2026		2025
		£	£	£	£
Fixed assets
Investment property			2,959,078		2,959,078
Current assets
Stocks		119,326		-
Debtors		-		1,390
Cash at bank and in hand		202,449		58,045
		321,775		59,435
Creditors: Amounts falling due within one year		(408,534)		(308,967)
Net current liabilities			(86,759)		(249,532)
Total assets less current liabilities			2,872,319		2,709,546
Creditors: Amounts falling due after more than one year			(400,000)		(400,000)
Provisions for liabilities			(153,242)		(153,242)
Net assets			2,319,077		2,156,304
Capital and reserves
Called up share capital		100		100
Revaluation reserve		460,927		460,927
Profit and loss account		1,858,050		1,695,277
Total equity			2,319,077		2,156,304

Bettercare (Lincoln) Limited

(Registration number: 03027038)
Abridged Balance Sheet as at 31 March 2026

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 July 2026
 

......................................... Mr R E Lynch Company secretary and director

Bettercare (Lincoln) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Sherwood House
7 Gregory Boulevard
Nottingham
Nottinghamshire
NG7 6LB
United Kingdom

These financial statements were authorised for issue by the director on 15 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Basis of preparation of financial statements

These financial statements were prepared under the historical cost convention in accordance with applicable United Kingdom accounting standards, including the Financial Reporting Standard 102 ('FRS 102') Section 1A small entities, and with the Companies Act 2006.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services (including the rental of investment property) in the ordinary course of the company’s activities. Turnover is shown net of returns, rebates and discounts.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment properties

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined from time to time by the Directors. The Directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in the Revaluation Reserve.

Bettercare (Lincoln) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Dividends

Dividend distribution to the company’s shareholders is recognised in the accounting year in which they are paid.

3	Staff numbers

During the year, the average number of employees and directors at the company was 3 (2025 - 2).

4	Tangible assets

Investment properties

	2026 £
At 1 April	2,959,078
At 31 March	2,959,078

The investment properties were revalued by the directors on 31 March 2024. The directors deem that the market values of the properties have not materially changed from this date.