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REGISTERED NUMBER: 10257590 (England and Wales)















Financial Statements

for the Year Ended 31 December 2024

for

RDCP Care Limited

RDCP Care Limited (Registered number: 10257590)






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


RDCP Care Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Ms I Dubylovska
S Rizvi





REGISTERED OFFICE: Rdcp Care
86 Bearwood Road
Smethwick
Birmingham
B66 4HN





REGISTERED NUMBER: 10257590 (England and Wales)





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

RDCP Care Limited (Registered number: 10257590)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
ASSETS

FIXED ASSETS
Tangible assets 5 - 4,105
Investments 6 - 20,133,130
- 20,137,235

CURRENT ASSETS
Debtors 7 108,789 1,662,711
Cash at bank 100 13,446
108,889 1,676,157
108,889 21,813,392

CAPITAL, RESERVES AND LIABILITIES

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings (2,000 ) 95,892
SHAREHOLDERS' FUNDS - 97,892

CREDITORS
Amounts falling due within one year 8 108,889 8,294,731
Amounts falling due after more than one
year

9

-

13,420,769
108,889 21,813,392

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 Profit & loss account 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


RDCP Care Limited (Registered number: 10257590)

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

1. STATUTORY INFORMATION

RDCP Care 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.

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.

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 - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & loss account, 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.

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 5 (2023 - 5 ) .

RDCP Care Limited (Registered number: 10257590)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 5,853
Disposals (5,853 )
At 31 December 2024 -
DEPRECIATION
At 1 January 2024 1,748
Eliminated on disposal (1,748 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 4,105

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024 20,133,130
Disposals (20,133,130 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 20,133,130

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Bartholamew Lodge Nursing Home Limited
Registered office: As parent undertaking - see page 1
Nature of business: Provision of care services
%
Class of shares: holding
Ordinary 100.00
2024 2023
£    £   
Aggregate capital and reserves - 654,832
Profit for the year - 178,881

RDCP Care Limited (Registered number: 10257590)

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

6. FIXED ASSET INVESTMENTS - continued

Bearwood Nursing Home Limited
Registered office: As parent undertaking - see page 1
Nature of business: Provision of care services
%
Class of shares: holding
Ordinary 100.00
2024 2023
£    £   
Aggregate capital and reserves - 2,021,922
Profit for the year - 413,925

Richmond Court Nursing Home Limited
Registered office: As parent undertaking - see page 1
Nature of business: Provision of care services
%
Class of shares: holding
Ordinary 100.00
2024 2023
£    £   
Aggregate capital and reserves - 3,046,824
Profit for the year - 544,436

RDCP Care One Limited
Registered office: As parent undertaking - see page 1
Nature of business: Provision of dementia care
%
Class of shares: holding
Ordinary 100.00
2024 2023
£    £   
Aggregate capital and reserves - 1,090,396
Profit for the year - 480,845

St. Nicholas House Limited
Registered office: As parent undertaking - see page 1
Nature of business: Provision of care services
%
Class of shares: holding
Ordinary 100.00
2024 2023
£    £   
Aggregate capital and reserves - 3,839,873
Profit for the year - 914,127

RDCP Care Limited (Registered number: 10257590)

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

6. FIXED ASSET INVESTMENTS - continued

Coton Holdings Limited
Registered office: 55 Coton Road, Penn, Wolverhampton, WV4 5AT
Nature of business: holding company
%
Class of shares: holding
Ordinary 100.00
2024 2023
£    £   
Aggregate capital and reserves - 245,446
Profit for the year - 20,139

Coton Care Limited
Registered office: 55 Coton Road, Penn, Wolverhampton, WV4 5AT
Nature of business: Provision of care services
%
Class of shares: holding
Ordinary 100.00
2024 2023
£    £   
Aggregate capital and reserves - 301,591
Profit for the year - 299,944

The Fixed asset investments of the company were sold to RDCP Care Holdings Ltd on 2 April 2024.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 108,789 -
Amounts owed by associates - 1,414,382
Other debtors - 248,329
108,789 1,662,711

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 929,744
Trade creditors - 13,593
Amounts owed to group undertakings - 6,883,399
Taxation and social security - 41,567
Other creditors 108,889 426,428
108,889 8,294,731

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 13,420,769

RDCP Care Limited (Registered number: 10257590)

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

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 9,701,793

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans - 14,350,513

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

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors by virtue of their 100% shareholding.

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