Maple Ridge Care Home Limited SC597174 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is that of residential nursing care facilities. Digita Accounts Production Advanced 6.30.9574.0 true true SC597174 2024-04-01 2025-03-31 SC597174 2025-03-31 SC597174 bus:CompanySecretaryDirector1 1 2025-03-31 SC597174 bus:Director2 1 2025-03-31 SC597174 core:CurrentFinancialInstruments 2025-03-31 SC597174 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 SC597174 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 SC597174 core:FurnitureFittingsToolsEquipment 2025-03-31 SC597174 core:LandBuildings 2025-03-31 SC597174 core:MotorVehicles 2025-03-31 SC597174 bus:SmallEntities 2024-04-01 2025-03-31 SC597174 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC597174 bus:FilletedAccounts 2024-04-01 2025-03-31 SC597174 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC597174 bus:RegisteredOffice 2024-04-01 2025-03-31 SC597174 bus:CompanySecretaryDirector1 2024-04-01 2025-03-31 SC597174 bus:CompanySecretaryDirector1 1 2024-04-01 2025-03-31 SC597174 bus:Director2 2024-04-01 2025-03-31 SC597174 bus:Director2 1 2024-04-01 2025-03-31 SC597174 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC597174 bus:Agent1 2024-04-01 2025-03-31 SC597174 core:Goodwill 2024-04-01 2025-03-31 SC597174 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 SC597174 core:LandBuildings 2024-04-01 2025-03-31 SC597174 core:MotorVehicles 2024-04-01 2025-03-31 SC597174 1 2024-04-01 2025-03-31 SC597174 countries:UnitedKingdom 2024-04-01 2025-03-31 SC597174 2024-03-31 SC597174 bus:CompanySecretaryDirector1 1 2024-03-31 SC597174 bus:Director2 1 2024-03-31 SC597174 core:FurnitureFittingsToolsEquipment 2024-03-31 SC597174 core:LandBuildings 2024-03-31 SC597174 core:MotorVehicles 2024-03-31 SC597174 2023-04-01 2024-03-31 SC597174 2024-03-31 SC597174 bus:CompanySecretaryDirector1 1 2024-03-31 SC597174 bus:Director2 1 2024-03-31 SC597174 core:CurrentFinancialInstruments 2024-03-31 SC597174 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 SC597174 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 SC597174 core:FurnitureFittingsToolsEquipment 2024-03-31 SC597174 core:LandBuildings 2024-03-31 SC597174 core:MotorVehicles 2024-03-31 SC597174 bus:CompanySecretaryDirector1 1 2023-04-01 2024-03-31 SC597174 bus:Director2 1 2023-04-01 2024-03-31 SC597174 bus:CompanySecretaryDirector1 1 2023-03-31 SC597174 bus:Director2 1 2023-03-31 iso4217:GBP xbrli:pure

Registration number: SC597174

Maple Ridge Care Home Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 March 2025

 

Maple Ridge Care Home Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 11

 

Maple Ridge Care Home Limited

Company Information

Directors

R Patel

D Patel

Company secretary

R Patel

Registered office

73 Leachkin Road
Inverness
Scotland
IV3 8NN

Accountants

Kishens Limited
Chartered Accountants13 Montpelier Avenue
Bexley
DA5 3AP

 

Maple Ridge Care Home Limited

(Registration number: SC597174)
Abridged Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed Assets

 

Intangible assets

4

350,000

375,000

Tangible Assets

5

978,491

1,001,668

 

1,328,491

1,376,668

Current assets

 

Debtors

1,322,041

1,092,474

Cash at bank and in hand

 

24,995

18,250

 

1,347,036

1,110,724

Prepayments and accrued income

 

12,957

10,898

Creditors: Amounts falling due within one year

(48,040)

(55,460)

Net current assets

 

1,311,953

1,066,162

Total assets less current liabilities

 

2,640,444

2,442,830

Creditors: Amounts falling due after more than one year

(1,195,313)

(1,195,313)

Provisions for liabilities

(41,901)

(40,820)

Accruals and deferred income

 

(1,500)

(823)

Net assets

 

1,401,730

1,205,874

Capital and reserves

 

Called up share capital

6

100

100

Revaluation reserve

419,404

419,404

Retained earnings

982,226

786,370

Shareholders' funds

 

1,401,730

1,205,874

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

 

Maple Ridge Care Home Limited

(Registration number: SC597174)
Abridged Balance Sheet as at 31 March 2025

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 July 2025 and signed on its behalf by:
 

.........................................
D Patel
Director

 

Maple Ridge Care Home Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
73 Leachkin Road
Inverness
Scotland
IV3 8NN

These financial statements were authorised for issue by the Board on 11 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods or on completion of the designated services;
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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

 

Maple Ridge Care Home Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture and fixtures

25% reducing balance

Freehold property

over 50 years

Motor vehicles

25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

over 20 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Maple Ridge Care Home Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Maple Ridge Care Home Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 24 (2024 - 23).

 

Maple Ridge Care Home Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

4

Intangible assets

Total
£

Cost or valuation

At 1 April 2024

500,000

At 31 March 2025

500,000

Amortisation

At 1 April 2024

125,000

Amortisation charge

25,000

At 31 March 2025

150,000

Carrying amount

At 31 March 2025

350,000

At 31 March 2024

375,000

5

Tangible Assets

Land and buildings
£

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2024

1,000,000

140,204

9,849

1,150,053

Additions

-

8,524

-

8,524

At 31 March 2025

1,000,000

148,728

9,849

1,158,577

Depreciation

At 1 April 2024

91,612

49,261

7,512

148,385

Charge for the year

20,000

11,117

584

31,701

At 31 March 2025

111,612

60,378

8,096

180,086

Carrying amount

At 31 March 2025

888,388

88,350

1,753

978,491

At 31 March 2024

908,388

90,943

2,337

1,001,668

Included within the net book value of land and buildings above is £888,388 (2024 - £908,388) in respect of freehold land and buildings.
 

 

Maple Ridge Care Home Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

6

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Share capital of £1 each

100

100

100

100

       

7

Related party transactions

 

Maple Ridge Care Home Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Transactions with directors

2025

At 1 April 2024
£

At 31 March 2025
£

R Patel

(7,679)

(7,679)

D Patel

(7,378)

(7,378)

2024

At 1 April 2023
£

At 31 March 2024
£

R Patel

(7,679)

(7,679)

D Patel

(7,378)

(7,378)

 

Maple Ridge Care Home Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

8

Parent and ultimate parent undertaking

The ultimate controlling party is the Ridge Care Group Limited.