REGISTERED NUMBER: 05474448 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

SYNE HILLS CARE HOME LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Mr C M Sweeney

Mrs K Sweeney

Secretary:

Mr C M Sweeney

Registered office:

Syne Hills Residential Home

Syne Avenue

Skegness

Lincolnshire

PE25 3DJ

Registered number:

05474448 (England and Wales)

Accountants:

Haines Watts

23 Algitha Road

Skegness

United Kingdom

PE25 2AG

Fixed assets

Tangible assets

4

55,378

82,734

Current assets

Stocks

2,554

1,850

Debtors

5

13,496

18,685

Cash at bank and in hand

91,379

193,478

107,429

214,013

Creditors

Amounts falling due within one year

6

16,933

54,893

Net current assets

90,496

159,120

Total assets less current liabilities

145,874

241,854

Provisions for liabilities

10,522

12,071

Net assets

135,352

229,783

Capital and reserves

Called up share capital

8

100

100

Retained earnings

9

135,252

229,683

Shareholders' funds

135,352

229,783

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

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 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 19 September 2025 and were signed on its behalf by:

Mr C M Sweeney - Director

1.	Statutory information

Syne Hills Care Home 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.

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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Tenants fixtures

-

4% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 37 (2024 - 37 ) .

4.	Tangible fixed assets

Fixtures

Tenants

Plant and

and

fixtures

machinery

fittings

£

£

£

Cost

At 1 August 2024

28,243

9,028

163,707

Disposals

-

(9,028

)

(48,549

)

At 31 July 2025

28,243

-

115,158

Depreciation

At 1 August 2024

9,038

4,315

117,467

Charge for year

1,129

-

3,042

Eliminated on disposal

-

(4,315

)

(42,653

)

At 31 July 2025

10,167

-

77,856

Net book value

At 31 July 2025

18,076

-

37,302

At 31 July 2024

19,205

4,713

46,240

Motor

Computer

vehicles

equipment

Totals

£

£

£

Cost

At 1 August 2024

43,781

499

245,258

Disposals

(43,781

)

(499

)

(101,857

)

At 31 July 2025

-

-

143,401

Depreciation

At 1 August 2024

31,465

239

162,524

Charge for year

146

-

4,317

Eliminated on disposal

(31,611

)

(239

)

(78,818

)

At 31 July 2025

-

-

88,023

Net book value

At 31 July 2025

-

-

55,378

At 31 July 2024

12,316

260

82,734

The net book value of tangible fixed assets includes £ 1,191 (2024 - £ 1,191 ) in respect of assets held under hire purchase contracts or finance leases.

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

2,247

7,166

Prepayments and accrued income

11,249

11,519

13,496

18,685

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

8,868

36,006

Other creditors

8,065

-

Directors' loan accounts

-

18,887

16,933

54,893

7.	Secured debts

The hire purchase liability is secured on the asset financed.

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.

Reserves

Retained

earnings

£

At 1 August 2024

229,683

Deficit for the year

(86,931

)

Dividends

(7,500

)

At 31 July 2025

135,252