BURCOT GRANGE CARE HOME LIMITED

Company Registration Number:
09404024 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 April 2022

End date: 31 December 2022

BURCOT GRANGE CARE HOME LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

BURCOT GRANGE CARE HOME LIMITED

Balance sheet

As at 31 December 2022


Notes

31 December 2022

31 March 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 7,164,483 7,164,287
Investments:   0 0
Total fixed assets: 7,164,483 7,164,287
Current assets
Stocks: 5,717 0
Debtors: 4 422,690 408,618
Cash at bank and in hand: 2,359,314 1,639,718
Investments:   0 0
Total current assets: 2,787,721 2,048,336
Creditors: amounts falling due within one year: 5 (2,317,043) (4,766,826)
Net current assets (liabilities): 470,678 (2,718,490)
Total assets less current liabilities: 7,635,161 4,445,797
Creditors: amounts falling due after more than one year: 6 (4,330,899) (1,778,356)
Provision for liabilities: (25,843) (422,100)
Total net assets (liabilities): 3,278,419 2,245,341
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 1,595,412 1,595,412
Profit and loss account: 1,683,006 649,928
Shareholders funds: 3,278,419 2,245,341

The notes form part of these financial statements

BURCOT GRANGE CARE HOME 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

BURCOT GRANGE CARE HOME 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

BURCOT GRANGE CARE HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

31 December 2022 31 March 2022
Average number of employees during the period 0 0

BURCOT GRANGE CARE HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 April 2022 7,497,589
Additions 137,588
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2022 7,635,177
Depreciation
At 01 April 2022 333,302
Charge for year 137,392
On disposals 0
Other adjustments 0
At 31 December 2022 470,694
Net book value
At 31 December 2022 7,164,483
At 31 March 2022 7,164,287

BURCOT GRANGE CARE HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

31 December 2022 31 March 2022
££
Debtors due after more than one year: 422,690 408,618

BURCOT GRANGE CARE HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

Bank loans - 3,968,250 Obligations under finance lease - 6,378 Trade creditors 71,716 46,716 Amounts owed to group undertakings 1,638,157 17,553 Other taxation and social security 77,456 15,658 Other creditors 260,201 205,958 Accruals and deferred income 269,513 506,313

BURCOT GRANGE CARE HOME LIMITED

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 4,330,899 1,563,194 Other creditors - 215,162

BURCOT GRANGE CARE HOME LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Related party transactions

Name of the related party: Cinnamon Care Collection Limited
Relationship:
a Company related by common directorship
Description of the Transaction: During the period Cinnamon Care Collection Limited ("CCC"), a company related by common directorship, incurred central expenses on behalf of the Company. Additionally, CCC charged a management fee of £76,350 (2022: £115,047) to the Company. £6,330 (2022: £11,985) was outstanding at the balance sheet date.
£
Balance at 01 April 2022 11,985
Balance at 31 December 2022 6,330

The Company has taken advantage of the available exemption conferred by Section 1AC.35 of FRS 102 not to disclose transactions with wholly owned members of the group.

BURCOT GRANGE CARE HOME LIMITED

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.