Registration number:
Holmcare Limited
for the Period from 1 December 2024 to 29 November 2025
Holmcare Limited
Contents
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Company Information |
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Director's Report |
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Accountants' Report |
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Profit and Loss Account and Statement of Retained Earnings |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
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Detailed Profit and Loss Account |
Holmcare Limited
Company Information
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Director |
H Scott |
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Registered office |
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Accountants |
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Holmcare Limited
Director's Report for the Period from 1 December 2024 to 29 November 2025
The director presents her report and the financial statements for the period from 1 December 2024 to 29 November 2025.
Director of the company
The director who held office during the period was as follows:
Principal activity
The principal activity of the company is Homecare.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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DEANS
Chartered Accountants
Chartered
Accountants' Report to the
Director
on the Preparation of the Unaudited Statutory Accounts of
Holmcare Limited
for the
Period
Ended
29 November 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Holmcare Limited for the period ended 29 November 2025 as set out on pages 4 to 10 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 of Scotland (ICAS), we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/ethics/icas-code-of-ethics.
This report is made solely to the Board of Directors of Holmcare 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 Holmcare Limited and state those matters that we have agreed to state to the Board of Directors of Holmcare Limited, as a body, in this report in accordance with ICAS guidance (www.icas.com/accountsprep/guidance). To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Holmcare Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Holmcare 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 loss of Holmcare Limited. You consider that Holmcare Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Holmcare 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.
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Hawick
Scottish Borders
TD9 9BD
Holmcare Limited
Profit and Loss Account and Statement of Retained Earnings for the Period from 1 December 2024 to 29 November 2025
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Note |
2025 |
2024 |
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Turnover |
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Cost of sales |
( |
( |
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Gross profit |
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Administrative expenses |
( |
( |
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Operating loss |
( |
( |
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Other interest receivable and similar income |
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Interest payable and similar charges |
( |
( |
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(3,057) |
(4,937) |
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Loss before tax |
( |
( |
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Taxation |
- |
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Loss for the financial period |
( |
( |
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Retained earnings brought forward |
(61,514) |
(29,036) |
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Retained earnings carried forward |
(85,995) |
(61,514) |
Holmcare Limited
(Registration number: SC550787)
Balance Sheet as at 29 November 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Tangible assets |
- |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
( |
( |
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Shareholders' deficit |
( |
( |
For the financial period ending 29 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Holmcare Limited
Notes to the Unaudited Financial Statements for the Period from 1 December 2024 to 29 November 2025
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General information |
The company is a private company limited by share capital, incorporated in Scotland.
The address of its registered office is:
Scotland
The principal place of business is:
Old Joiners Shop
Copshaw Place
Newcastleton
Roxburghshire
TD9 0RS
Scotland
These financial statements were authorised for issue by the
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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.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are presented in Sterling (£) and rounded to the nearest £1.
Going concern
The company has net liabilities of £85,994 as at 30 November 2025. The company relies on the continued support of the directors to finance the day to day working requirements.
The directors consider it appropriate to prepare the Financial Statements on a going concern basis after consideration of all the information available about the foreseeable future (limited to one year from the date of approval of these financial statements) there is reasonable expectation that the company has adequate resources to remain in operational existence for the foreseeable future.
If adoption of the going concern basis was inappropriate, adjustments could be required to write down assets to the assessment of their recoverable value, to reclassify fixed assets as current assets and to provide for any further liabilities that may arise.
Holmcare Limited
Notes to the Unaudited Financial Statements for the Period from 1 December 2024 to 29 November 2025
Judgements
Preparation of the financial statements requires management to make significant judgements and estimates. The items in the financial statements where these judgements and estimates have been made included: |
Useful economic lives of tangible assets – the annual depreciation charge for tangible assets is sensitive to change in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on economic utilisation, and the physical condition of the assets. |
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Tax
The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
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.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Office Equipment |
33.3% straight line |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Holmcare Limited
Notes to the Unaudited Financial Statements for the Period from 1 December 2024 to 29 November 2025
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Financial instruments
Classification
Recognition and measurement
Impairment
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Staff numbers |
The average number of persons employed by the company (including the director) during the period, was
Holmcare Limited
Notes to the Unaudited Financial Statements for the Period from 1 December 2024 to 29 November 2025
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Loss before tax |
Arrived at after charging/(crediting)
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2025 |
2024 |
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Depreciation expense |
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Tangible assets |
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Furniture, fittings and equipment |
Total |
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Cost or valuation |
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At 1 December 2024 |
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At 29 November 2025 |
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Depreciation |
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At 1 December 2024 |
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Charge for the period |
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At 29 November 2025 |
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Carrying amount |
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At 29 November 2025 |
- |
- |
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At 30 November 2024 |
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Debtors |
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2025 |
2024 |
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Trade debtors |
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Other debtors |
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Holmcare Limited
Notes to the Unaudited Financial Statements for the Period from 1 December 2024 to 29 November 2025
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Creditors |
Creditors: amounts falling due within one year
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2025 |
2024 |
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Due within one year |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
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2025 |
2024 |
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No. |
£ |
No. |
£ |
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1 |
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1 |
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Related party transactions |
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Transactions with the director |
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2025 |
At 1 December 2024 |
Advances to director |
Repayments by director |
At 29 November 2025 |
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H Scott |
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Loans are unsecured and have no fixed repayment terms. Interest is charged at 3.75% per annum on outstanding balances |
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( |
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2024 |
At 1 December 2023 |
Advances to director |
Repayments by director |
At 30 November 2024 |
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H Scott |
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Loans are unsecured and have no fixed repayment terms. Interest is charged at 3.75% per annum on outstanding balances |
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( |
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Holmcare Limited
Detailed Profit and Loss Account for the Period from 1 December 2024 to 29 November 2025
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2025 |
2024 |
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Turnover (analysed below) |
301,696 |
338,308 |
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Cost of sales (analysed below) |
(266,465) |
(311,693) |
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Gross profit |
35,231 |
26,615 |
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Gross profit (%) |
11.68% |
7.87% |
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Administrative expenses |
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Employment costs (analysed below) |
(8,832) |
(8,832) |
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Establishment costs (analysed below) |
(17,302) |
(18,835) |
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General administrative expenses (analysed below) |
(30,223) |
(27,768) |
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Finance charges (analysed below) |
(112) |
(57) |
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Depreciation costs (analysed below) |
(186) |
(308) |
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(56,655) |
(55,800) |
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Operating loss |
(21,424) |
(29,185) |
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Other interest receivable and similar income (analysed below) |
395 |
260 |
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Interest payable and similar expenses (analysed below) |
(3,452) |
(5,197) |
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(3,057) |
(4,937) |
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Loss before tax |
(24,481) |
(34,122) |
Holmcare Limited
Detailed Profit and Loss Account for the Period from 1 December 2024 to 29 November 2025
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2025 |
2024 |
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Turnover |
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Rendering of services, UK |
301,696 |
338,308 |
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Cost of sales |
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Wages and salaries (excluding directors) |
251,579 |
289,115 |
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Staff NIC (Employers) |
11,870 |
18,636 |
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Staff pensions (Defined contribution) |
3,016 |
3,942 |
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266,465 |
311,693 |
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Employment costs |
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Directors remuneration |
8,832 |
8,832 |
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Establishment costs |
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Rent and rates |
7,492 |
7,182 |
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Light, heat and power |
3,114 |
2,400 |
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Insurance |
3,100 |
5,122 |
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Repairs and maintenance |
3,596 |
4,131 |
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17,302 |
18,835 |
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General administrative expenses |
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Telephone and fax |
9,953 |
9,658 |
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Printing, postage and stationery |
6,966 |
4,674 |
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Sundry expenses |
372 |
206 |
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Travel and subsistence |
3,824 |
2,781 |
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Accountancy fees |
4,013 |
3,450 |
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Legal and professional fees |
5,095 |
6,999 |
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30,223 |
27,768 |
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Finance charges |
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Bank charges |
112 |
57 |
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Depreciation costs |
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Depreciation of office equipment (owned) |
186 |
308 |
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Other interest receivable and similar income |
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Other interest receivable |
(395) |
(260) |
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Interest payable and similar expenses |
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Other interest payable |
3,452 |
5,197 |