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Registration number: 7212234

Radiant Care Limited
trading as Harmony House
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Radiant Care Limited
trading as Harmony House

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Financial Statements | 3 to 7

Radiant Care Limited
trading as Harmony House

Company Information

Directors | Dr Kusum Agrawal Dr Rajendra Agrawal

Registered office | 86 Ditton Road Surbiton Surrey KT6 6RH

Accountants | Mr Piyush Patel Chartered Certified AccountantWestside Court Booker Common High Wycombe Buckinghamshire HP12 4QS

Radiant Care Limited
trading as Harmony House

(Registration number: 7212234)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 45,699 | 54,839
Tangible assets | 5 | 11,709 | 12,694
|  | 57,408 | 67,533
Current assets |  |  |
Stocks | 6 | 2,725 | 2,675
Debtors | 7 | 155,462 | 298,877
Cash at bank and in hand |  | 505,906 | 407,025
|  | 664,093 | 708,577
Creditors: Amounts falling due within one year | 8 | (133,827) | (284,085)
Net current assets |  | 530,266 | 424,492
Net assets |  | 587,674 | 492,025
Capital and reserves |  |  |
Called up share capital | 9 | 100 | 100
Retained earnings |  | 587,574 | 491,925
Shareholders' funds |  | 587,674 | 492,025

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.

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 June 2025 and signed on its behalf by:

......................................... Dr Kusum Agrawal Director | ......................................... Dr Rajendra Agrawal Director |

Radiant Care Limited
trading as Harmony House

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

1 | General information

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

The address of its registered office is:
86 Ditton Road
Surbiton
Surrey
KT6 6RH

The principal place of business is:
283 Old Shoreham Road
Southwick Brighton
West Sussex
BN24 4LP

These financial statements were authorised for issue by the Board on 11 June 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 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 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;
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 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.

Radiant Care Limited
trading as Harmony House

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

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
Plant and machinery | 20% of net book value
Office equipment | 20% of net book value

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 | 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.

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.

Radiant Care Limited
trading as Harmony House

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

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

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.

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 37 (2024 - 39).

Radiant Care Limited
trading as Harmony House

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

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 April 2024 | 182,797 | 182,797
At 31 March 2025 | 182,797 | 182,797
Amortisation
At 1 April 2024 | 127,958 | 127,958
Amortisation charge | 9,140 | 9,140
At 31 March 2025 | 137,098 | 137,098
Carrying amount
At 31 March 2025 | 45,699 | 45,699
At 31 March 2024 | 54,839 | 54,839

5 | Tangible assets

| Furniture, fittings and equipment £ | Other tangible assets £ | Total £
Cost or valuation
At 1 April 2024 | 11,803 | 92,778 | 104,581
Additions | 499 | 1,929 | 2,428
At 31 March 2025 | 12,302 | 94,707 | 107,009
Depreciation
At 1 April 2024 | 11,318 | 80,569 | 91,887
Charge for the year | 585 | 2,828 | 3,413
At 31 March 2025 | 11,903 | 83,397 | 95,300
Carrying amount
At 31 March 2025 | 399 | 11,310 | 11,709
At 31 March 2024 | 485 | 12,209 | 12,694

6 | Stocks

| 2025 £ | 2024 £
Raw materials and consumables | 2,725 | 2,675

Radiant Care Limited
trading as Harmony House

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

7 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 23,398 | 167,466
Amounts owed by related parties | 10 | 124,375 | 128,813
Prepayments |  | 7,016 | 1,925
Other debtors |  | 673 | 673
|  | 155,462 | 298,877

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 5,339 | 7,596
Taxation and social security | 53,351 | 18,150
Accruals and deferred income | 3,642 | 3,462
Other creditors | 71,495 | 254,877
| 133,827 | 284,085

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

10 | Related party transactions

Summary of transactions with parent

Rental charges of £220,000 (2024 - £220,000) was paid to Distinct Holdings Limited.