BURCOT HOLDINGS LIMITED

Company Registration Number:
09345300 (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 HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

BURCOT HOLDINGS 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:   0 0
Investments: 3 1 4
Total fixed assets: 1 4
Current assets
Stocks: 0 0
Debtors: 4 22,728,522 5,405,235
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 22,728,522 5,405,235
Creditors: amounts falling due within one year: 5 (127,206) (2,130)
Net current assets (liabilities): 22,601,316 5,403,105
Total assets less current liabilities: 22,601,317 5,403,109
Creditors: amounts falling due after more than one year: 6 (5,454,069) (5,420,712)
Provision for liabilities: 0 0
Total net assets (liabilities): 17,147,248 (17,603)
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 17,147,247 (17,604)
Shareholders funds: 17,147,248 (17,603)

The notes form part of these financial statements

BURCOT HOLDINGS 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 Cameron
Status: Director

The notes form part of these financial statements

BURCOT HOLDINGS 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 HOLDINGS 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 HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Fixed investments

Fixed asset investments Investments in subsidiaty companies Cost or valuation At 1 April 2022 - GBP4 Disposals - (3) At 31 December 2022 - 1

BURCOT HOLDINGS 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: 13,919,529 5,396,671

BURCOT HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

Amounts owed to group undertakings, due within one year, are repayable on demand and are interest free.

BURCOT HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

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

On 4 August 2022, Korian Real Estate UK Limited, granted a loan of £5,454,069 to the Company. The loan is repayable in 7 years and bears interest at SONIA plus 3%.

BURCOT HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Related party transactions

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 HOLDINGS 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.