Bethany Home Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09972817 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

BETHANY HOME LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R M Phelps

R J Phelps

A D Phelps

REGISTERED OFFICE:

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

REGISTERED NUMBER:

09972817 (England and Wales)

ACCOUNTANTS:

Hayvenhursts Chartered Accountants

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

FIXED ASSETS

Tangible assets

4

928,996

849,656

CURRENT ASSETS

Stocks

2,000

Debtors

5

193,263

134,299

Cash at bank

227,675

289,300

422,938

425,599

CREDITORS

Amounts falling due within one year

6

(200,918

)

(177,805

)

NET CURRENT ASSETS

222,020

247,794

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,151,016

1,097,450

CREDITORS

Amounts falling due after more than
one year

7

(254,983

)

(298,151

)

PROVISIONS FOR LIABILITIES

8

(14,687

)

(11,964

)

NET ASSETS

881,346

787,335

CAPITAL AND RESERVES

Called up share capital

9

258,666

Retained earnings

10

622,680

528,669

SHAREHOLDERS' FUNDS

881,346

787,335

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 30 September 2026 and were signed on its behalf by:

R M Phelps - Director

R J Phelps - Director

1.	STATUTORY INFORMATION

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

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2025 - 39 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

Plant and

and

property

machinery

fittings

Totals

£

COST

At 1 April 2025

540,845

251,284

68,296

220,891

1,081,316

Additions

-

72,820

25,812

98,632

Disposals

-

(42,878

)

-

(42,878

)

At 31 March 2026

540,845

251,284

98,238

246,703

1,137,070

DEPRECIATION

At 1 April 2025

-

47,240

184,420

231,660

Charge for year

-

4,941

9,656

14,597

Eliminated on disposal

-

(38,183

)

-

(38,183

)

At 31 March 2026

-

13,998

194,076

208,074

NET BOOK VALUE

At 31 March 2026

540,845

251,284

84,240

52,627

928,996

At 31 March 2025

540,845

251,284

21,056

36,471

849,656

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

159,252

122,373

Other debtors

33,123

11,187

Prepayments

888

739

193,263

134,299

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

47,723

44,493

Trade creditors

6,445

14,807

Tax

83,948

81,453

Social security and other taxes

38,560

14,685

Other creditors

14,266

13,130

Directors' current accounts

540

167

Accrued expenses

9,436

9,070

200,918

177,805

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans - 1-2 years

50,515

47,429

Bank loans - 2-5 years

169,977

161,910

Bank loans more 5 yr by instal

34,491

88,812

254,983

298,151

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

34,491

88,812

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

Deferred tax

14,687

11,964

Deferred

tax

£

Balance at 1 April 2025

11,964

Charge to Income Statement during year

2,723

Balance at 31 March 2026

14,687

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

258,666

Ordinary

1

258,666

10.

RESERVES

Retained

earnings

£

At 1 April 2025

528,669

Profit for the year

281,011

Dividends

(187,000

)

At 31 March 2026

622,680

11.	ULTIMATE CONTROLLING PARTY

The company is 100% owned and controlled by its directors.

12.	TRANSACTIONS WITH DIRECTORS

As at 31 March 2026 the company owed the directors £540 (2025 - £167). This amount is interest free and repayable upon demand.