ACTIVE LIVES CARE LTD

Company Registration Number:
08767784 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

ACTIVE LIVES CARE LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

ACTIVE LIVES CARE LTD

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 6,557,900 6,764,433
Investments:   0 0
Total fixed assets: 6,557,900 6,764,433
Current assets
Stocks: 14,178 0
Debtors: 4 613,762 366,302
Cash at bank and in hand: 1,684,840 935,584
Investments:   0 0
Total current assets: 2,312,780 1,301,886
Creditors: amounts falling due within one year: 5 (1,219,852) (10,952,100)
Net current assets (liabilities): 1,092,928 (9,650,214)
Total assets less current liabilities: 7,650,828 (2,885,781)
Creditors: amounts falling due after more than one year: 6 (10,233,273)
Provision for liabilities: 0 (470,349)
Total net assets (liabilities): (2,582,445) (3,356,130)
Capital and reserves
Called up share capital: 54,000 54,000
Share premium account: 2,761,766 2,761,766
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (5,398,211) (6,171,896)
Shareholders funds: (2,582,445) (3,356,130)

The notes form part of these financial statements

ACTIVE LIVES CARE LTD

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 August 2024
and signed on behalf of the board by:

Name: Peter Stuart Cameron
Status: Director

The notes form part of these financial statements

ACTIVE LIVES CARE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ACTIVE LIVES CARE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 0 0

ACTIVE LIVES CARE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 8,906,551
Additions 100,055
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2022 9,006,606
Depreciation
At 01 January 2022 2,142,118
Charge for year 306,588
On disposals 0
Other adjustments 0
At 31 December 2022 2,448,706
Net book value
At 31 December 2022 6,557,900
At 31 December 2021 6,764,433

ACTIVE LIVES CARE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 2021
££
Debtors due after more than one year: 613,762 366,302

Trade debtors 246,971 323,920 Amounts owed by group undertakings 144,963 - Other debtors 71,521 693 Prepayments and accrued income 150,307 41,689

ACTIVE LIVES CARE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

Trade creditors 453,979 417,253 Amounts owed to group undertakings 223,790 10,108,613 Other taxation and social security 94,666 41,005 Other creditors 344,576 271,715 Accruals and deferred income 102,841 113,514

ACTIVE LIVES CARE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due after more than one year note

Amounts owed to group undertakings 10,233,273 -

ACTIVE LIVES CARE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Related party transactions

As at 31 December 2022, the Company owed £Nil (2021: £Nil) to venture capital trusts managed by a partnership in which a Director of the Company is a partner. £Nil (2021: £229,735) was expensed as interest in the period. Additional amounts relating to monitoring fees were also charged by the partnership and are included as consultancy costs of £Nil (2021: £17,403).The Company engaged in management fees with another company that shared a common directors. The Company was charged £Nil (2021: £17,403) in the year to 31 December 2022. As a wholly owned subsidiary undertaking of Clariane SE, the company has taken advantage of the exemption in FRS 102 Section 33.1A and has not disclosed transactions with entities which form part of the group and they are owned 100% by the ultimate parent company.

ACTIVE LIVES CARE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

8. Post balance sheet events

On 10 April 2024, Clariane SE sold its assets in the United Kingdom to Elevation Healthcare Property, a UK investment fund specialising in healthcare real estate, managed by Elevation Advisors LLP.