Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31falsetrue2023-04-01falseNo description of principal activity4443false 01981102 2023-04-01 2024-03-31 01981102 2022-04-01 2023-03-31 01981102 2024-03-31 01981102 2023-03-31 01981102 2022-04-01 01981102 c:PriorPeriodIncreaseDecrease 2022-04-01 2023-03-31 01981102 1 2023-04-01 2024-03-31 01981102 5 2022-04-01 2023-03-31 01981102 e:Director2 2023-04-01 2024-03-31 01981102 c:Buildings 2023-04-01 2024-03-31 01981102 c:Buildings 2024-03-31 01981102 c:Buildings 2023-03-31 01981102 c:Buildings c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01981102 c:PlantMachinery 2023-04-01 2024-03-31 01981102 c:PlantMachinery 2024-03-31 01981102 c:PlantMachinery 2023-03-31 01981102 c:PlantMachinery c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01981102 c:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 01981102 c:OtherPropertyPlantEquipment 2024-03-31 01981102 c:OtherPropertyPlantEquipment 2023-03-31 01981102 c:OtherPropertyPlantEquipment c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01981102 c:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01981102 c:ComputerSoftware 2024-03-31 01981102 c:ComputerSoftware 2023-03-31 01981102 c:CurrentFinancialInstruments 2024-03-31 01981102 c:CurrentFinancialInstruments 2023-03-31 01981102 c:Non-currentFinancialInstruments 2024-03-31 01981102 c:Non-currentFinancialInstruments 2023-03-31 01981102 c:Non-currentFinancialInstruments 1 2024-03-31 01981102 c:Non-currentFinancialInstruments 1 2023-03-31 01981102 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 01981102 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 01981102 c:Non-currentFinancialInstruments c:AfterOneYear 2024-03-31 01981102 c:Non-currentFinancialInstruments c:AfterOneYear 2023-03-31 01981102 c:ShareCapital 2023-04-01 2024-03-31 01981102 c:ShareCapital 2024-03-31 01981102 c:ShareCapital 2022-04-01 2023-03-31 01981102 c:ShareCapital 2023-03-31 01981102 c:ShareCapital 2022-04-01 01981102 c:RevaluationReserve 2023-04-01 2024-03-31 01981102 c:RevaluationReserve 2024-03-31 01981102 c:RevaluationReserve 1 2023-04-01 2024-03-31 01981102 c:RevaluationReserve 2022-04-01 2023-03-31 01981102 c:RevaluationReserve 2023-03-31 01981102 c:RevaluationReserve c:PriorPeriodIncreaseDecrease 2022-04-01 2023-03-31 01981102 c:RevaluationReserve 2022-04-01 01981102 c:RevaluationReserve 5 2022-04-01 2023-03-31 01981102 c:ForeignCurrencyTranslationReserve 2023-04-01 2024-03-31 01981102 c:ForeignCurrencyTranslationReserve 2024-03-31 01981102 c:ForeignCurrencyTranslationReserve 1 2023-04-01 2024-03-31 01981102 c:ForeignCurrencyTranslationReserve 2023-03-31 01981102 c:OtherMiscellaneousReserve 2023-04-01 2024-03-31 01981102 c:OtherMiscellaneousReserve 2024-03-31 01981102 c:OtherMiscellaneousReserve 1 2023-04-01 2024-03-31 01981102 c:OtherMiscellaneousReserve 2022-04-01 2023-03-31 01981102 c:OtherMiscellaneousReserve 2023-03-31 01981102 c:OtherMiscellaneousReserve c:PriorPeriodIncreaseDecrease 2022-04-01 2023-03-31 01981102 c:OtherMiscellaneousReserve 2022-04-01 01981102 c:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 01981102 c:RetainedEarningsAccumulatedLosses 2024-03-31 01981102 c:RetainedEarningsAccumulatedLosses 1 2023-04-01 2024-03-31 01981102 c:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 01981102 c:RetainedEarningsAccumulatedLosses 2023-03-31 01981102 c:RetainedEarningsAccumulatedLosses c:PriorPeriodIncreaseDecrease 2022-04-01 2023-03-31 01981102 c:RetainedEarningsAccumulatedLosses 2022-04-01 01981102 e:FRS102 2023-04-01 2024-03-31 01981102 e:Audited 2023-04-01 2024-03-31 01981102 e:FullAccounts 2023-04-01 2024-03-31 01981102 e:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01981102 e:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 01981102 c:ComputerSoftware c:ExternallyAcquiredIntangibleAssets 2023-04-01 2024-03-31 01981102 2 2023-04-01 2024-03-31 01981102 5 2023-04-01 2024-03-31 01981102 c:ShareCapital 1 2023-04-01 2024-03-31 01981102 c:ComputerSoftware c:OwnedIntangibleAssets 2023-04-01 2024-03-31 01981102 f:PoundSterling 2023-04-01 2024-03-31 01981102 c:ShareCapital c:PriorPeriodErrorIncreaseDecrease 2022-04-01 2023-03-31 01981102 c:RetainedEarningsAccumulatedLosses c:PreviouslyStatedAmount 2022-04-01 01981102 c:PreviouslyStatedAmount 2022-04-01 01981102 c:RetainedEarningsAccumulatedLosses 5 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure
Company registration number: 01981102







FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024


COUNTRY HOUSE NURSING & RETIREMENT HOMES LIMITED






































img48d4.png                        

 


COUNTRY HOUSE NURSING & RETIREMENT HOMES LIMITED
REGISTERED NUMBER:01981102



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
1,867
-

Tangible assets
 5 
5,303,412
5,549,319

  
5,305,279
5,549,319

Current assets
  

Debtors: amounts falling due within one year
 6 
382,555
332,138

Cash at bank and in hand
  
1,309,286
534,153

  
1,691,841
866,291

Creditors: amounts falling due within one year
 7 
(7,921,710)
(7,154,125)

Net current liabilities
  
 
 
(6,229,869)
 
 
(6,287,834)

Total assets less current liabilities
  
(924,590)
(738,515)

Creditors: amounts falling due after more than one year
 8 
(1,651,026)
(1,651,091)

  

Net liabilities
  
(2,575,616)
(2,389,606)


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Revaluation reserve
  
1,550,120
1,550,120

Foreign exchange reserve
  
(210,035)
-

Other reserves
  
5,507
5,507

Profit and loss account
  
(3,922,208)
(3,946,233)

  
(2,575,616)
(2,389,606)


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




N V Cornelius-Reid
Director
Page 1

 


COUNTRY HOUSE NURSING & RETIREMENT HOMES LIMITED
REGISTERED NUMBER:01981102


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024


Date: 25 June 2025

The notes on pages 5 to 10 form part of these financial statements.

Page 2

 
COUNTRY HOUSE NURSING & RETIREMENT HOMES LIMITED

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024



Called up share capital
Revaluation reserve
Foreign exchange reserve
Other reserves
Profit and loss account
Total equity


£
£
£
£
£
£


At 1 April 2023
1,000
1,550,120
-
5,507
(3,946,233)
(2,389,606)



Comprehensive income for the year


Loss for the year

-
-
-
-
(50,660)
(50,660)


Currency translation differences
-
-
-
-
74,685
74,685


Retranslation of property value
-
-
(210,035)
-
-
(210,035)



Other comprehensive income for the year
-
-
(210,035)
-
74,685
(135,350)



Total comprehensive income for the year
-
-
(210,035)
-
24,025
(186,010)



Total transactions with owners
-
-
-
-
-
-



At 31 March 2024
1,000
1,550,120
(210,035)
5,507
(3,922,208)
(2,575,616)



The notes on pages 5 to 10 form part of these financial statements.

Page 3


 
COUNTRY HOUSE NURSING & RETIREMENT HOMES LIMITED

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023



Called up share capital
Revaluation reserve
Other reserves
Profit and loss account
Total equity


£
£
£
£
£


At 1 April 2022 (as previously stated)
1,000
1,864,431
5,507
(3,716,546)
(1,845,608)


Prior year adjustment - correction of error
-
-
-
(18,726)
(18,726)


At 1 April 2022 (as restated)
1,000
1,864,431
5,507
(3,735,272)
(1,864,334)



Comprehensive income for the year


Loss for the year

-
-
-
(154,256)
(154,256)


Currency translation differences
-
-
-
(56,705)
(56,705)


Deficit on revaluation of freehold property
-
(314,311)
-
-
(314,311)



Other comprehensive income for the year
-
(314,311)
-
(56,705)
(371,016)



Total comprehensive income for the year
-
(314,311)
-
(210,961)
(525,272)



Total transactions with owners
-
-
-
-
-



At 31 March 2023
1,000
1,550,120
5,507
(3,946,233)
(2,389,606)



The notes on pages 5 to 10 form part of these financial statements.

Page 4
 


COUNTRY HOUSE NURSING & RETIREMENT HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Country House Nursing & Retirement Homes 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, the functional currency is the Euro.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


Page 5

 


COUNTRY HOUSE NURSING & RETIREMENT HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the methods shown below.

Depreciation is provided on the following basis:

Freehold property
-
2%
Straight Line
Plant and machinery
-
15%
Reducung basis
Other fixed assets
-

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 6

 


COUNTRY HOUSE NURSING & RETIREMENT HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 44 (2023 - 43).


4.


Intangible assets




Computer software

£



Cost


Additions
2,989



At 31 March 2024

2,989



Amortisation


Charge for the year on owned assets
1,122



At 31 March 2024

1,122



Net book value



At 31 March 2024
1,867



At 31 March 2023
-



Page 7

 


COUNTRY HOUSE NURSING & RETIREMENT HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Tangible fixed assets





Freehold property
Plant and machinery
Assets under construction
Total

£
£
£
£



Cost or valuation


At 1 April 2023
5,433,953
416,836
-
5,850,789


Additions
-
14,243
18,654
32,897


Exchange adjustments
(210,035)
-
-
(210,035)



At 31 March 2024

5,223,918
431,079
18,654
5,673,651



Depreciation


At 1 April 2023
-
301,470
-
301,470


Charge for the year on owned assets
52,239
16,530
-
68,769



At 31 March 2024

52,239
318,000
-
370,239



Net book value



At 31 March 2024
5,171,679
113,079
18,654
5,303,412



At 31 March 2023
5,433,953
115,366
-
5,549,319

The property was revalued by Savills in 2023 on an open market value for existing use basis, with no change in 
the valuation in the current year.

Page 8

 


COUNTRY HOUSE NURSING & RETIREMENT HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Debtors

2024
2023
£
£


Trade debtors
185,674
75,746

Amounts owed by group undertakings
103,920
138,565

Other debtors
77,516
29,131

Prepayments and accrued income
15,445
88,696

382,555
332,138



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
47,800

Other taxation and social security
25,821
28,973

Other creditors
7,864,965
6,949,898

Accruals and deferred income
30,924
127,454

7,921,710
7,154,125


Included within other creditors are resident deposits which have traditionally been recognised as long term debt on the basis that they are generally held for many years. 
However, because an individual resident deposit becomes repayable in less than 1 year of termination the directors have elected to reflect the total of these amounts of £7,792,0256 (2023: £6,868,553) within short term other creditors. 


8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
1,026
1,091

Share capital treated as debt
1,650,000
1,650,000

1,651,026
1,651,091


The above creditors are in relation to the redeemable ordinary and redeemable B preference shares which are required to be classified as debt per the financial report standards.
The parent company continues to support the entity and the directors have confirmed there is no intention to redeem or convert the above shares into equity within the next 12 months.

Page 9

 


COUNTRY HOUSE NURSING & RETIREMENT HOMES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Controlling party

The ultimate parent company and controlling party is Amesbury Abbey Limited, a company registered in England and Wales. This is also the largest and smallest group in which results of the company are consolidated. A copy of the group's financial statements are available on Companies House.  


10.


Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2024 was unqualified.

The audit report was signed on 25 June 2025 by Andrew Galliers FCA (Senior Statutory Auditor) on behalf of Menzies LLP.

 
Page 10