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REGISTERED NUMBER: 14675246 (England and Wales)















WHITE ROSE HOUSE CARE HOME LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2023 TO 31 OCTOBER 2024






WHITE ROSE HOUSE CARE HOME LIMITED (REGISTERED NUMBER: 14675246)

CONTENTS OF THE FINANCIAL STATEMENTS
for the period 1 October 2023 to 31 October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WHITE ROSE HOUSE CARE HOME LIMITED

COMPANY INFORMATION
for the period 1 October 2023 to 31 October 2024







DIRECTOR: P S Banwait





REGISTERED OFFICE: Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS





REGISTERED NUMBER: 14675246 (England and Wales)





ACCOUNTANTS: SMH Sheards
Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS

WHITE ROSE HOUSE CARE HOME LIMITED (REGISTERED NUMBER: 14675246)

BALANCE SHEET
31 October 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,403,879 -

CURRENT ASSETS
Debtors 5 100,001 -
Cash at bank and in hand 299,655 1
399,656 1
CREDITORS
Amounts falling due within one year 6 (1,636,502 ) -
NET CURRENT (LIABILITIES)/ASSETS (1,236,846 ) 1
TOTAL ASSETS LESS CURRENT
LIABILITIES

167,033

1

PROVISIONS FOR LIABILITIES 8 (32,275 ) -
NET ASSETS 134,758 1

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 134,757 -
SHAREHOLDERS' FUNDS 134,758 1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

WHITE ROSE HOUSE CARE HOME LIMITED (REGISTERED NUMBER: 14675246)

BALANCE SHEET - continued
31 October 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 March 2025 and were signed by:





P S Banwait - Director


WHITE ROSE HOUSE CARE HOME LIMITED (REGISTERED NUMBER: 14675246)

NOTES TO THE FINANCIAL STATEMENTS
for the period 1 October 2023 to 31 October 2024


1. STATUTORY INFORMATION

White Rose House Care Home Limited 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. ACCOUNTING POLICIES

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

Turnover
Turnover is invoiced sales of services, which are recognised when the services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 1% on cost
Plant and machinery etc - 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors, amounts owed by group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs
.
Financial assets, other than those held at fair value through profit or loss, are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors, bank loans, accruals and amounts owed to group undertakings, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


WHITE ROSE HOUSE CARE HOME LIMITED (REGISTERED NUMBER: 14675246)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 October 2023 to 31 October 2024


2. ACCOUNTING POLICIES - continued
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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 41 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
Additions 1,288,758 158,061 1,446,819
At 31 October 2024 1,288,758 158,061 1,446,819
DEPRECIATION
Charge for period 13,979 28,961 42,940
At 31 October 2024 13,979 28,961 42,940
NET BOOK VALUE
At 31 October 2024 1,274,779 129,100 1,403,879

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 58,350 -
Amounts owed by group undertakings 13,469 -
Other debtors 28,182 -
100,001 -

WHITE ROSE HOUSE CARE HOME LIMITED (REGISTERED NUMBER: 14675246)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 October 2023 to 31 October 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 23,105 -
Amounts owed to group undertakings 1,436,244 -
Taxation and social security 43,259 -
Other creditors 133,894 -
1,636,502 -

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loan 1,336,809 -

The bank loan is secured by several guarantees and charges. A personal guarantee of £250,000, plus interest and any applicable charges, is provided by the director.

The loan is also secured by guarantees from Astley Grange Care Home Ltd, White Rose House Care Home Ltd, and Southfield Court Care Home Ltd, each for £2,900,000, plus interest and any applicable charges.

In addition, the loan is secured by a fixed and floating charge over all assets, business undertakings, and rights of Astley Grange Care Home Ltd, White Rose House Care Home Ltd, and Southfield Court Care Home Ltd. The loan is further secured by a fixed charge over the properties held by these entities.

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 32,275 -

Deferred
tax
£   
Provided during period 32,275
Balance at 31 October 2024 32,275

9. RELATED PARTY DISCLOSURES

Included within debtors is an amount of £13,469 owed from Southfield Court Care Home Ltd.

Included within creditors is an amount of £145,243 owed to Astley Grange Care Home Ltd and, £1,291,001 owed to Mulberry Care Homes Limited.

All companies are owned by Mulberry Care Homes Ltd, of which the director has a 100% shareholding. The loans are on an interest free basis and are repayable on demand.