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REGISTERED NUMBER: 10337201 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

LUXURYCARE INVESTMENTS LTD

LUXURYCARE INVESTMENTS LTD (REGISTERED NUMBER: 10337201)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LUXURYCARE INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: K R Gunputh
J C Barrett





REGISTERED OFFICE: 3 Durrant Road
Bournemouth
Dorset
BH2 6NE





REGISTERED NUMBER: 10337201 (England and Wales)





AUDITORS: Carter & Coley Limited
Chartered Accountants and Statutory Auditor
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

LUXURYCARE INVESTMENTS LTD (REGISTERED NUMBER: 10337201)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 300 300

CURRENT ASSETS
Debtors 5 10,507,081 418,981

CREDITORS
Amounts falling due within one year 6 10,458,186 367,219
NET CURRENT ASSETS 48,895 51,762
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,195

52,062

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 49,095 51,962
SHAREHOLDERS' FUNDS 49,195 52,062

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by:





J C Barrett - Director


LUXURYCARE INVESTMENTS LTD (REGISTERED NUMBER: 10337201)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Luxurycare Investments Ltd 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.

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.

Preparation of consolidated financial statements
The financial statements contain information about Luxurycare Investments Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertakings are included by full consolidation in the consolidated financial statements of its parent, Luxurycare Holdings Ltd, First Floor 5 Trinity House, 161 Old Christchurch Road, Bournemouth, Dorset, BH1 1JU.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 year 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.

LUXURYCARE INVESTMENTS LTD (REGISTERED NUMBER: 10337201)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 300
NET BOOK VALUE
At 30 June 2024 300
At 30 June 2023 300

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 10,507,081 418,981

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,800 -
Amounts owed to group undertakings 10,446,755 358,192
Social security and other taxes 2,813 3,325
Other creditors 918 902
Accruals and deferred income 3,900 4,800
10,458,186 367,219

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Clark (Senior Statutory Auditor)
for and on behalf of Carter & Coley Limited

LUXURYCARE INVESTMENTS LTD (REGISTERED NUMBER: 10337201)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


8. CONTINGENT LIABILITIES

The following companies have cross guarantees in place with one another: Luxurycare Investments Limited, Luxurycare (Kingsman House Care Home) Limited, Luxurycare (Aranlaw House Care Home) Limited, ARNLUX Limited, Luxurycare Aranlaw House Limited, Luxurycare (Regency Manor Care Home) Limited, Luxurycare Training Limited, Luxurycare Regency Manor Limited and Luxurycare Kingsman House Limited, in support of the bank loans taken out in Luxurycare (Aranlaw House Care Home) Limited and Luxurycare (Regency Manor Care Home) Limited. The value of the loan guaranteed in Luxurycare (Aranlaw House Care Home) Limited is £7,091,886 (2023 - £7,251,676). The value of the loan guaranteed in Luxurycare (Regency Manor Care Home) Limited is £11,269,317 (2023 - £11,523,211).

9. RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption in FRS 102 in respect of the disclosure of related party transactions with group companies.

10. ULTIMATE PARENT COMPANY

The ultimate parent undertaking of the company is Luxurycare Holdings Limited, a company incorporated in England and Wales. Luxurycare Holdings Limited's registered office address is First Floor 5 Trinity House, 161 Old Christchurch Road, Bournemouth, Dorset, England, BH1 1JU.

The largest and smallest company which prepared group accounts in the group is Luxurycare Holdings Limited.