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REGISTERED NUMBER: 11251198 (England and Wales)
















SUPERIOR NURSING SERVICES LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






SUPERIOR NURSING SERVICES LTD (REGISTERED NUMBER: 11251198)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SUPERIOR NURSING SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: S Thorp
C Thorp
S Richards





REGISTERED OFFICE: 2 Lakeview Stables
Lower St. Clere
Kemsing
Sevenoaks
Kent
TN15 6NL





REGISTERED NUMBER: 11251198 (England and Wales)





AUDITORS: Lakeview Southern Audit Limited
Chartered Accountants and
Statutory Auditors
2 Lakeview Stables
Lower St. Clere
Kemsing
Sevenoaks
Kent
TN15 6NL

SUPERIOR NURSING SERVICES LTD (REGISTERED NUMBER: 11251198)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £   
CURRENT ASSETS
Debtors 4 179,421 925,938
Cash at bank and in hand 168,726 34,423
348,147 960,361
CREDITORS
Amounts falling due within one year 5 209,210 925,167
NET CURRENT ASSETS 138,937 35,194
TOTAL ASSETS LESS CURRENT
LIABILITIES

138,937

35,194

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 138,817 35,074
SHAREHOLDERS' FUNDS 138,937 35,194

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 17 June 2025 and were signed on its behalf by:





S Thorp - Director


SUPERIOR NURSING SERVICES LTD (REGISTERED NUMBER: 11251198)

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


1. STATUTORY INFORMATION

Superior Nursing Services 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.

The principal activity of the company is the supply of nursing services.

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

All income is recorded in the period in which the care is physically carried out.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar
debt instrument, those financial instruments are classified as financial liabilities. Financial liabilities are
presented as such in the balance sheet. Finance costs and gains and losses relating to financial liabilities are
included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

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.

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.

SUPERIOR NURSING SERVICES LTD (REGISTERED NUMBER: 11251198)

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


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 143 (2023 - 197 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 119,878 304,410
Amounts owed by group undertakings - 502,014
Amounts recoverable on contract 50,117 80,460
Other debtors 9,426 39,054
179,421 925,938

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 7,610 5,685
Amounts owed to group undertakings 50,000 375,000
Taxation and social security 43,029 373,886
Other creditors 108,571 170,596
209,210 925,167

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.9.24 30.9.23
£    £   
Within one year 21,567 20,100
Between one and five years 16,639 29,295
38,206 49,395

7. FINANCIAL INSTRUMENTS

The company has basic financial debt instruments which are all measured at cost. These include trade debtors, other debtors, cash at bank, trade creditors and other creditors.

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

The Report of the Auditors was unqualified.

Adrian Hull (Senior Statutory Auditor)
for and on behalf of Lakeview Southern Audit Limited

SUPERIOR NURSING SERVICES LTD (REGISTERED NUMBER: 11251198)

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


9. RELATED PARTY DISCLOSURES

The company owed £50,000 to Healthcare Investment Group Ltd (2023: £Nil) the ultimate parent within the group at 30 September 2024.

The company owed £Nil (2023: £218,000) to its parent company The Superior Healthcare Group Holdings Ltd at 30 September 2024.

The company owed £Nil (2023: £157,000) to The Superior Healthcare Group Ltd and was owed £Nil (2023: £502,014) by Superior Payroll Ltd, fellow subsidiaries within the Healthcare Investment Group.

During the year services of £62,022 (2023: £66,866) were supplied to the fellow subsidiary The Superior Healthcare Group Ltd and services of £473 (2023: £2,979) were received.

During the year costs for payroll of £83,654 (2023: £84,608) were incurred by Superior Payroll Ltd for Superior Nursing Services Ltd.

10. PENSION COMMITMENTS

The company makes contributions to a defined contribution pension scheme. During the year contributions of £40,482 (2023: £57,260) were paid by the company. The contributions are those specified under the legal requirements of Auto-enrolment. The cost of these contributions are charged to the statement of comprehensive income on an accruals basis as they become payable under the scheme.

11. PRINCIPAL PLACE OF BUSINESS

The company's principal place of business is Gazette House, 5-8 Estuary View Business Park, Boorman Way, Whitstable, Kent, CT5 3SE.

12. ULTIMATE PARENT ENTITY

The ultimate parent entity is Healthcare Investment Group Ltd, company number 13577568. The ultimate parent company's principal place of business is Gazette House 5-8 Estuary View Business Park, Boorman Way, Whitstable, Kent, England, CT5 3SE. Its registered office is 2 Lakeview Stables, Lower St. Clere, Kemsing, Sevenoaks, Kent, TN15 6NL.

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are S Thorp and C Thorp.