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REGISTERED NUMBER: 02656228 (England and Wales)















Financial Statements

for the Year Ended 31 December 2024

for

Bartholamew Lodge Nursing Home Limited

Bartholamew Lodge Nursing Home Limited (Registered number: 02656228)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bartholamew Lodge Nursing Home Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Ms I Dubylovska
S Rizvi
Mrs R A Howell





REGISTERED OFFICE: C/o Rdcp Care
86 Bearwood Road
Smethwick
West Midlands
B66 4HN





BUSINESS ADDRESS: Bartholamew Lodge Nursing Home
1 Trouse Lane
Wednesbury
West Midlands
WS10 7HR





REGISTERED NUMBER: 02656228 (England and Wales)





AUDITORS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

Bartholamew Lodge Nursing Home Limited (Registered number: 02656228)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,086,062 360,963

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 6 275,695 973,344
Cash at bank and in hand 22,352 20,877
300,047 996,221
CREDITORS
Amounts falling due within one year 7 (600,593 ) (641,311 )
NET CURRENT (LIABILITIES)/ASSETS (300,546 ) 354,910
TOTAL ASSETS LESS CURRENT
LIABILITIES

785,516

715,873

CREDITORS
Amounts falling due after more than one
year

8

-

(22,746

)

PROVISIONS FOR LIABILITIES (38,295 ) (38,295 )
NET ASSETS 747,221 654,832

CAPITAL AND RESERVES
Called up share capital 10 50 50
Capital redemption reserve 50 50
Retained earnings 747,121 654,732
SHAREHOLDERS' FUNDS 747,221 654,832

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 Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by:





S Rizvi - Director


Bartholamew Lodge Nursing Home Limited (Registered number: 02656228)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Bartholamew Lodge Nursing 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.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 10% on cost

In the year ended 31 December 2024, the freehold property was revalued and therefore no depreciation has been charged in the year.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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.


Bartholamew Lodge Nursing Home Limited (Registered number: 02656228)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. 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 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.

Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues ot adopt the going concern basis in preparing its financial statements.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2023 - 30 ) .

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 January 2024 892,009 222,393 1,114,402
Additions - 5,461 5,461
Revaluations 157,991 - 157,991
At 31 December 2024 1,050,000 227,854 1,277,854
DEPRECIATION
At 1 January 2024 567,114 186,325 753,439
Charge for year - 5,467 5,467
Revaluation adjustments (567,114 ) - (567,114 )
At 31 December 2024 - 191,792 191,792
NET BOOK VALUE
At 31 December 2024 1,050,000 36,062 1,086,062
At 31 December 2023 324,895 36,068 360,963

Bartholamew Lodge Nursing Home Limited (Registered number: 02656228)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 December 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 157,991 - 157,991
Cost 892,009 227,854 1,119,863
1,050,000 227,854 1,277,854

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 892,009 892,009
Aggregate depreciation 586,981 567,114

Freehold land and buildings were valued on an open market basis on 24 January 2024 by Knight Frank LLP (RICS Registered Valuer) .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 26,232 32,541
Amounts owed by group undertakings 242,736 900,552
Amounts owed by associates - 38,500
Other debtors 6,727 1,751
275,695 973,344

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 26,488 24,358
Amounts owed to group undertakings 375,266 433,615
Taxation and social security 122,755 118,297
Other creditors 76,084 65,041
600,593 641,311

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Amounts owed to associates - 22,746

Bartholamew Lodge Nursing Home Limited (Registered number: 02656228)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

9. SECURED DEBTS

Barclays Bank plc holds two fixed and floating charges over the assets including Bartholamew Lodge Nursing Home, 1 Trouse Lane, Wednesbury, West Midlands, WS10 7HR, dated 29 April 2020 and 2 April 2024, which can be enforced on demand.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
25 Ordinary A £1 25 25
25 Ordinary B £1 25 25
50 50

Rights, preferences and restrictions

The different classes of share referred to above carry separate rights to dividends but, in all other significant respects, rank pari passu.

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

The Report of the Auditors was unqualified.

Susanna Ault FCCA ACA (Senior Statutory Auditor)
for and on behalf of Tomkinson Teal (Lichfield) LLP

12. CONTINGENT LIABILITIES

The company is bound by an intra-group cross guarantee in respect of bank debt with other members of the group headed by its ultimate parent, RDCP Care Holdings Limited. The amount guaranteed is £15,515,500 (2023 - £14,350,513)

13. ULTIMATE CONTROLLING PARTY

The company's ultimate parent company was RDCP Care Limited, incorporated in England and Wales.

On 2 April 2024 Bartholamew Lodge Nursing Home Limited became a wholly owned subsidiary of RDCP Care Holdings Limited. There is no change in the controlling shareholders and directors.