REGISTERED NUMBER: 04910019 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Orchard Care (South West) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J S Thrush

Mrs G M Thrush

SECRETARY:

Mr J S Thrush

REGISTERED OFFICE:

Pine Lodge Care Home

13 Hazeldene Road

Weston-Super-Mare

Somerset

BS23 2XL

REGISTERED NUMBER:

04910019 (England and Wales)

ACCOUNTANTS:

R T Marke & Co Ltd

Chartered Accountants

69 High Street

Bideford

Devon

EX39 2AT

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

77,984

246,741

77,984

246,741

CURRENT ASSETS

Stocks

4,000

13,500

Debtors

7

431,094

421,468

Cash at bank and in hand

777,827

481,845

1,212,921

916,813

CREDITORS

Amounts falling due within one year

8

236,776

190,008

NET CURRENT ASSETS

976,145

726,805

TOTAL ASSETS LESS CURRENT LIABILITIES

1,054,129

973,546

PROVISIONS FOR LIABILITIES

15,323

50,044

NET ASSETS

1,038,806

923,502

CAPITAL AND RESERVES

Called up share capital

10

99

99

Retained earnings

1,038,707

923,403

SHAREHOLDERS' FUNDS

1,038,806

923,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

Mr J S Thrush - Director

Mrs G M Thrush - Director

1.	STATUTORY INFORMATION

Orchard Care (South West) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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. There were no material departures from that standard.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The principal accounting policies adopted in the preparation of the financial statements are set out below and remain unchanged from the previous period, and also have been consistently applied within the same accounts.

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 representing the excess of the purchase price over the fair value of the net assets of undertakings acquired is capitalised in the balance sheet and is amortised by equal annual instalments over the expected useful economic life of 10 years.

Tangible fixed assets

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

Improvements to property

-

10% straight line

Fixtures and fittings

-

15% on reducing balance and Over period of the lease

Motor vehicles

-

20% straight line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Government grants

Government grants in respect of capital expenditure are treated as deferred income and are credited to the profit and loss account over the estimated useful life of the assets to which they relate.

Government grants in respect of revenue items are credited to the profit and loss account when they are receivable.

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial instruments with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Going concern

The directors are considering the possibility of ceasing to trade within 12 months from the date of approval of these accounts, and therefore have not given detailed consideration to a period of 12 months from the date of approval.

As no formal decision has been made in this regard, the directors continue to adopt the going concern basis of accounting. The financial statements do not include any adjustments that would result from an inability to meet obligations as they fall due.

Hire purchase and leasing commitments

Rentals under operating leases are charged to the profit and loss account as they fall due.

Exceptional items

The company discloses as exceptional items material items which derive from events or transactions that fall within the ordinary activities of the reporting entity and which individually, or, if of a similar type, in aggregate, it is considered need to be disclosed by virtue of their size or incidence if the financial statements are to give a true and fair view.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 53 (2024 - 61 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2024

632,064

Disposals

(407,064

)

At 28 February 2025

225,000

AMORTISATION

At 1 March 2024

632,064

Eliminated on disposal

(407,064

)

At 28 February 2025

225,000

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

-

6.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 March 2024

175,795

308,200

102,951

586,946

Additions

21,065

3,238

24,500

48,803

Disposals

(139,227

)

(183,691

)

(45,769

)

(368,687

)

At 28 February 2025

57,633

127,747

81,682

267,062

DEPRECIATION

At 1 March 2024

95,761

181,336

63,108

340,205

Charge for year

4,764

6,820

16,336

27,920

Eliminated on disposal

(50,610

)

(99,035

)

(29,402

)

(179,047

)

At 28 February 2025

49,915

89,121

50,042

189,078

NET BOOK VALUE

At 28 February 2025

7,718

38,626

31,640

77,984

At 29 February 2024

80,034

126,864

39,843

246,741

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

27,817

59,436

Other debtors

403,277

362,032

431,094

421,468

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

10,933

41,910

Taxation and social security

172,382

43,023

Other creditors

53,461

105,075

236,776

190,008

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

-

69,999

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

94

A

£1

94

94

5

B

£1

5

5

99

99

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2025 and 29 February 2024:

2025

2024

£

£

Mr J S Thrush and Mrs G M Thrush

Balance outstanding at start of year

240,847

269,890

Amounts advanced

664,226

168,352

Amounts repaid

(623,405

)

(197,395

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

281,668

240,847

The maximum overdrawn balance during the year was £393,000.

Interest was charged on loans during the year at the official interest rate.

The company has provided guarantees for borrowings of £nil (2024 - £937,497) owed by the directors.