BERKLEY CARE (BRISTOL) LIMITED

Company Registration Number:
11242315 (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

BERKLEY CARE (BRISTOL) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

BERKLEY CARE (BRISTOL) LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

9 months to 31 December 2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 10,540,318 11,123,593
Investments: 4 0 100
Total fixed assets: 10,540,318 11,123,693
Current assets
Stocks: 0 0
Debtors: 5 1,362,997 869,933
Cash at bank and in hand: 5,946,313 27,510
Investments:   0 0
Total current assets: 7,309,310 897,443
Creditors: amounts falling due within one year: 6 (383,962) (12,490,708)
Net current assets (liabilities): 6,925,348 (11,593,265)
Total assets less current liabilities: 17,465,666 (469,572)
Creditors: amounts falling due after more than one year: 7 (12,380,947) 0
Provision for liabilities: 0 (302,420)
Total net assets (liabilities): 5,084,719 (771,992)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 5,084,619 (772,092)
Shareholders funds: 5,084,719 (771,992)

The notes form part of these financial statements

BERKLEY CARE (BRISTOL) LIMITED

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

BERKLEY CARE (BRISTOL) LIMITED

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

Turnover policy

The turnover shown in the profit and loss account represents amounts invoiced for rent during the period. Rental income from the property is recognised on a straight line basis over the expected term of ongoing leases. Lease incentives and step rents with minimum or fixed uplifts are spread evenly over the expected lease term.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:Freehold land and building - 2% Straight Line Plant and equipment - 10% Straight LineThe gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Intangible fixed assets and amortisation policy

There is none

Valuation and information policy

There is none

Other accounting policies

There is none

BERKLEY CARE (BRISTOL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 9 months to 31 December 2021
Average number of employees during the period 0 0

BERKLEY CARE (BRISTOL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 11,927,994
Additions 20,788
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2022 11,948,782
Depreciation
At 01 January 2022 804,401
Charge for year 604,063
On disposals 0
Other adjustments 0
At 31 December 2022 1,408,464
Net book value
At 31 December 2022 10,540,318
At 31 December 2021 11,123,593

BERKLEY CARE (BRISTOL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Fixed investments

At 1 January 2022 100 Disposals (100) At 31 December 2022 - The investment related to Berkley Care (Badminton) Ltd, with a registered office of, The Pavilion, Ashlyns Hall, Chesham Road, Berkhamsted HP4 2ST. The activity of the Company is care home operations. On 10 November 2022, as part of a group restructure, the Company sold the entire share capital of Berkley Care (Badminton) Ltd to Berkley Care Group Limited, formerly Korian UK Limited.

BERKLEY CARE (BRISTOL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Debtors

2022 9 months to 31 December 2021
££
Debtors due after more than one year: 1,362,997 869,933

BERKLEY CARE (BRISTOL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due within one year note

Amounts owed to group undertakings 108,915 12,121,622 Other creditors 275,047 369,086 Total 2022: 383,962 Total 2021: 12,490,708

BERKLEY CARE (BRISTOL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

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

Amounts owed to group undertakings 12,380,947 -

BERKLEY CARE (BRISTOL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

8. Related party transactions

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 parent company.At the year end, the Company owed £207 (2021: £Nil) to Connaught Care Management Limited (Formerly "Berkley Care Management Limited"), a company in which the former Director James Halton has an interest.

BERKLEY CARE (BRISTOL) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

9. 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.