| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2024 TO 29 JANUARY 2025 |
| FOR |
| PARK HOUSE CARE (UK) LTD |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2024 TO 29 JANUARY 2025 |
| FOR |
| PARK HOUSE CARE (UK) LTD |
| PARK HOUSE CARE (UK) LTD (REGISTERED NUMBER: 05869596) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2024 TO 29 JANUARY 2025 |
| Page |
| Balance sheet | 1 |
| Notes to the financial statements | 2 |
| PARK HOUSE CARE (UK) LTD (REGISTERED NUMBER: 05869596) |
| BALANCE SHEET |
| 29 JANUARY 2025 |
| 2025 | 2023 |
| Notes | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Debtors | 5 |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year | 6 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year | 7 | ( |
) |
| Provisions for liabilities | 9 | ( |
) | ( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital | 10 |
| Retained earnings |
| Shareholders' funds |
| The directors acknowledge their 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| PARK HOUSE CARE (UK) LTD (REGISTERED NUMBER: 05869596) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 JANUARY 2024 TO 29 JANUARY 2025 |
| 1. | Statutory information |
| Park House Care (UK) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 05869596. The registered office address is 9b The Broadway, Woodford Green, IG8 0HL, and the business address is Park House, Martinstown, Dorchester, Dorset, DT2 9JN. |
| The company changed its accounting reference date so that it now aligns with the date of the company sale. These financial statements represent a 13 month period and for this reason the comparatives are not entirely comparable. |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents amounts received for care services provided during the year. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| 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. |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 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. |
| Financial instruments |
| Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities. |
| At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate. |
| PARK HOUSE CARE (UK) LTD (REGISTERED NUMBER: 05869596) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 JANUARY 2024 TO 29 JANUARY 2025 |
| 2. | Accounting policies - continued |
| Group accounts |
| The financial statements present information about the company as an individual undertaking and not about its group. The company and its parent comprise a small-sized group. The group has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts. |
| 3. | Employees and directors |
| The average number of employees during the period was |
| 4. | Tangible fixed assets |
| Fixtures |
| Plant and | and | Computer |
| machinery | fittings | equipment | Totals |
| £ | £ | £ | £ |
| Cost |
| At 1 January 2024 |
| and 29 January 2025 |
| Depreciation |
| At 1 January 2024 |
| Charge for period |
| At 29 January 2025 |
| Net book value |
| At 29 January 2025 |
| At 31 December 2023 |
| 5. | Debtors: amounts falling due within one year |
| 2025 | 2023 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Directors' current accounts | - | 122,857 |
| Prepayments and accrued income |
| 6. | Creditors: amounts falling due within one year |
| 2025 | 2023 |
| £ | £ |
| Bank loans and overdrafts | ( |
) |
| Trade creditors |
| Amounts owed to group undertakings |
| Tax |
| Social security and other taxes |
| Pensions owing | 1,618 | 1,435 |
| Other creditors |
| Accruals and deferred income |
| PARK HOUSE CARE (UK) LTD (REGISTERED NUMBER: 05869596) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 JANUARY 2024 TO 29 JANUARY 2025 |
| 7. | Creditors: amounts falling due after more than one year |
| 2025 | 2023 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| 8. | Secured debts |
| All amounts owing to, or becoming owing to, Atom Bank PLC are secured against the assets of the company by way of a legal charge dated 26 January 2025. |
| 9. | Provisions for liabilities |
| 2025 | 2023 |
| £ | £ |
| Deferred tax | 2,930 | 3,273 |
| Deferred |
| tax |
| £ |
| Balance at 1 January 2024 |
| Credit to Income statement during period | ( |
) |
| Balance at 29 January 2025 |
| 10. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2023 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 11. | Directors' advances, credits and guarantees |
| The following advances and credits to directors subsisted during the period ended 29 January 2025 and the year ended 31 December 2023: |
| 2025 | 2023 |
| £ | £ |
| Balance outstanding at start of period |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of period |
| 12. | Ultimate controlling party |
| The parent company, holding 100% of the share capital of the company, is Ceadar Holdings Limited, a company registered in England and Wales. |
| No one individual is deemed to control the parent company. |