REGISTERED NUMBER: 05663944 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 6 APRIL 2025 TO 31 DECEMBER 2025

FOR

LIBERTY CARE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C D Lewis

Mrs S L Lewis

Mr G T Lewis

Mrs K J Williams

SECRETARY:

Compassion & Liberty Care Limited

REGISTERED OFFICE:

Newbridge House

75-77 High Street

Blackwood

Caerphilly

NP12 1BA

REGISTERED NUMBER:

05663944 (England and Wales)

ACCOUNTANTS:

Sullivans Chartered Accountants

13-14 Gelliwastad Road

Pontypridd

Rhondda Cynon Taf

CF37 2BW

FIXED ASSETS

Property, plant and equipment

4

4,207,752

4,312,716

CURRENT ASSETS

Debtors

5

441,882

1,321,696

Cash at bank and in hand

1,660,860

856,776

2,102,742

2,178,472

CREDITORS

Amounts falling due within one year

6

845,681

926,563

NET CURRENT ASSETS

1,257,061

1,251,909

TOTAL ASSETS LESS CURRENT LIABILITIES

5,464,813

5,564,625

CREDITORS

Amounts falling due after more than one year

7

(610,639

)

(764,341

)

PROVISIONS FOR LIABILITIES

(110,757

)

(117,376

)

NET ASSETS

4,743,417

4,682,908

CAPITAL AND RESERVES

Called up share capital

11

1

1

Retained earnings

4,743,416

4,682,907

4,743,417

4,682,908

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 26 June 2026 and were signed on its behalf by:

Mr C D Lewis - Director

Mrs S L Lewis - Director

Mr G T Lewis - Director

1.	STATUTORY INFORMATION

Liberty Care Limited 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents contracted fees raised to the local authorities and accrued income, excluding value added tax, for domiciliary care services provided to its residents.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost-excluding land at 0%

Improvements to property

-

at varying rates on cost

Fixtures and fittings

-

at variable rates on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 268 (2025 - 261 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 6 April 2025

4,279,074

1,129,364

5,408,438

Additions

-

77,660

77,660

Disposals

-

(73,501

)

(73,501

)

At 31 December 2025

4,279,074

1,133,523

5,412,597

DEPRECIATION

At 6 April 2025

556,462

539,260

1,095,722

Charge for period

64,347

117,784

182,131

Eliminated on disposal

-

(73,008

)

(73,008

)

At 31 December 2025

620,809

584,036

1,204,845

NET BOOK VALUE

At 31 December 2025

3,658,265

549,487

4,207,752

At 5 April 2025

3,722,612

590,104

4,312,716

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 6 April 2025

349,850

Additions

54,828

Disposals

(49,350

)

At 31 December 2025

355,328

DEPRECIATION

At 6 April 2025

40,714

Charge for period

70,086

Eliminated on disposal

(48,857

)

At 31 December 2025

61,943

NET BOOK VALUE

At 31 December 2025

293,385

At 5 April 2025

309,136

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

5/4/25

£

£

Trade debtors

70,712

670,117

Other debtors

7,803

24,986

Other loans

215,000

-

Directors' current accounts

5,592

293,442

Accrued income & credit notes

71,053

198,726

Prepayments

71,722

134,425

441,882

1,321,696

Debtors: Amounts Falling Due Within One Year

Included within other debtors is an amount of £215,000 due from a related party.The loan is unsecured, interest-free, and repayable on demand. As the financial asset is repayable immediately upon request, its carrying value approximates its fair value

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

5/4/25

£

£

Bank loans and overdrafts (see note 8)

198,414

173,731

Hire purchase contracts (see note 9)

36,011

16,382

Trade creditors

71,380

115,422

Tax

239,905

355,533

Social security and other taxes

187,981

160,800

Other creditors

41,339

37,719

Accrued expenses

70,651

66,976

845,681

926,563

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/25

5/4/25

£

£

Bank loans (see note 8)

361,878

529,380

Hire purchase contracts (see note 9)

248,761

234,961

610,639

764,341

8.

LOANS

An analysis of the maturity of loans is given below:

31/12/25

5/4/25

£

£

Amounts falling due within one year or on demand:

Bank loans

198,414

173,731

Amounts falling due between one and two years:

Bank loans - 1-2 years

88,100

189,898

Amounts falling due between two and five years:

Bank loans - 2-5 years

273,778

339,482

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31/12/25

5/4/25

£

£

Net obligations repayable:

Within one year

36,011

16,382

Between one and five years

248,761

234,961

284,772

251,343

Non-cancellable

operating leases

31/12/25

5/4/25

£

£

Within one year

300,798

260,089

Between one and five years

237,630

205,312

538,428

465,401

The company's leasing commitments primarily comprise non-cancellable operating leases for operational vehicles and office equipment, with typical terms ranging from three to five years. Additionally, the company occupies specific commercial properties owned personally by the directors and their pension fund. These property arrangements operate on a rolling basis, and the terms are reviewed periodically.

10.	SECURED DEBTS

The following secured debts are included within creditors:

31/12/25

5/4/25

£

£

Bank loans

560,292

703,111

Hire purchase contracts

284,772

251,343

845,064

954,454

Hire purchase & lease obligations are secured by the specific assets to which they relate.

National Westminster Bank plc holds the following legal and equitable charges over the assets and undertakings of the company:

- Composite Debenture: A fixed and floating charge over all present and future business assets, including but not limited to book debts, goodwill, uncalled capital, and intellectual property.

- Legal Mortgage Charge: A specific legal mortgage over all of the company’s freehold properties, as well as all fixtures, fittings, plant, and machinery attached to those premises.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/25

05/04/25

value:

£

£

60 (75)

Ordinary A

£0.005

0.300

0.375

60 (75)

Ordinary B

£0.005

0.300

0.375

40

Ordinary C

£0.005

0.200

0.200

20 (10)

Ordinary D

£0.005

0.100

0.050

10

Ordinary E

£0.005

0.050

10

Ordinary F

£0.005

0.050

----------

1.00

1.00

Share Capital Restructuring and Rights

On 14 November 2025, the company underwent a share capital reorganisation where existing shares were renamed and newly created share classes were introduced.

During the period, 15 Ordinary A shares and 15 Ordinary B shares were cancelled, 10 additional Ordinary D shares were issued, and 10 Ordinary E shares alongside 10 Ordinary F shares were newly allotted and fully paid.

All share classes, including the newly created and renamed classes, rank pari passu in all respects, carrying identical voting, dividend, and capital distribution rights.

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the periods ended 31 December 2025 and 5 April 2025:

31/12/25

5/4/25

£

£

Mr C D Lewis and Mrs S L Lewis

Balance outstanding at start of period

293,441

6,227

Amounts advanced

-

293,441

Amounts repaid

(293,441

)

(6,227

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

293,441

The directors loan(s) are repayable on demand.