REGISTERED NUMBER: 04699705 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

The Risings Care Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Townsley

D Townsley

REGISTERED OFFICE:

The Risings Care Home

Primrose Lane

Glossop

Derbyshire

SK13 6LW

REGISTERED NUMBER:

04699705 (England and Wales)

ACCOUNTANTS:

B&P Summers Accountants Limited

28A Church Lane

Marple

Stockport

Cheshire

SK6 6DE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

34,016

80,510

34,016

80,510

CURRENT ASSETS

Debtors

6

13,813

3,754

Cash at bank

311,227

244,059

325,040

247,813

CREDITORS

Amounts falling due within one year

7

(106,664

)

(80,784

)

NET CURRENT ASSETS

218,376

167,029

TOTAL ASSETS LESS CURRENT LIABILITIES

252,392

247,539

PROVISIONS FOR LIABILITIES

-

(956

)

NET ASSETS

252,392

246,583

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

252,292

246,483

SHAREHOLDERS' FUNDS

252,392

246,583

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 13 October 2025 and were signed on its behalf by:

J Townsley - Director

1.	STATUTORY INFORMATION

The Risings Care Company 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Hire purchase and leasing commitments

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 year was 22 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

80,000

AMORTISATION

At 1 April 2024

and 31 March 2025

80,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

49,147

116,581

165,728

Additions

2,741

-

2,741

Disposals

-

(54,922

)

(54,922

)

At 31 March 2025

51,888

61,659

113,547

DEPRECIATION

At 1 April 2024

44,511

40,707

85,218

Charge for year

1,107

6,937

8,044

Eliminated on disposal

-

(13,731

)

(13,731

)

At 31 March 2025

45,618

33,913

79,531

NET BOOK VALUE

At 31 March 2025

6,270

27,746

34,016

At 31 March 2024

4,636

75,874

80,510

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

7,141

-

Other debtors

6,672

3,754

13,813

3,754

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

934

4,853

Taxation and social security

95,131

67,571

Other creditors

10,599

8,360

106,664

80,784

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

£

50

Ordinary "A" and "B" shares

£1

50

50

50

Ordinary "C" and "D" shares

£1

50

50

100

100

9.

RESERVES

Retained

earnings

£

At 1 April 2024

246,483

Profit for the year

221,337

Dividends

(215,528

)

At 31 March 2025

252,292