REGISTERED NUMBER: SC541981 (Scotland)

Financial Statements

for the Year Ended

31 December 2024

for

ENHANCE HEALTHCARE LOCHSIDE MANOR LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Singh

P McNiven

A J Jamieson

REGISTERED OFFICE:

Barncluith Business Centre

Townhead Street

Hamilton

ML3 7DP

REGISTERED NUMBER:

SC541981 (Scotland)

AUDITORS:

WDM Associates (Statutory Auditors)

Oakfield House

378 Brandon Street

Motherwell

ML1 1XA

FIXED ASSETS

Tangible assets

4

310,966

310,195

CURRENT ASSETS

Debtors

5

2,255,666

1,499,427

Cash at bank and in hand

230,247

577,590

2,485,913

2,077,017

CREDITORS

Amounts falling due within one year

6

(779,585

)

(565,030

)

NET CURRENT ASSETS

1,706,328

1,511,987

TOTAL ASSETS LESS CURRENT LIABILITIES

2,017,294

1,822,182

PROVISIONS FOR LIABILITIES

(44,135

)

(39,988

)

NET ASSETS

1,973,159

1,782,194

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,973,059

1,782,094

SHAREHOLDERS' FUNDS

1,973,159

1,782,194

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 25 September 2025 and were signed on its behalf by:

M Singh - Director

1.	STATUTORY INFORMATION

Enhance Healthcare Lochside Manor Ltd is a private company, limited by shares , registered in Scotland. 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 represents revenue recognised by the company in respect of care services supplied during the period. Revenue is recognised when the delivery of the service is completed. Fees invoiced in advance are included in deferred income until the service is completed.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

5% on cost

Improvements to property

-

20% on reducing balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Basic financial instruments

Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 76 (2023 - 70 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Long

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 January 2024

158,150

51,800

2,160

Additions

-

10,833

-

At 31 December 2024

158,150

62,633

2,160

DEPRECIATION

At 1 January 2024

7,908

15,540

1,162

Charge for year

7,908

7,852

200

At 31 December 2024

15,816

23,392

1,362

NET BOOK VALUE

At 31 December 2024

142,334

39,241

798

At 31 December 2023

150,242

36,260

998

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

190,783

5,760

17,945

426,598

Additions

26,172

-

5,104

42,109

At 31 December 2024

216,955

5,760

23,049

468,707

DEPRECIATION

At 1 January 2024

78,067

4,310

9,416

116,403

Charge for year

16,829

1,394

7,155

41,338

At 31 December 2024

94,896

5,704

16,571

157,741

NET BOOK VALUE

At 31 December 2024

122,059

56

6,478

310,966

At 31 December 2023

112,716

1,450

8,529

310,195

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

226,996

163,938

Amounts owed by group undertakings

1,775,674

1,061,726

Amounts owed by associates

110,860

100,860

Prepayments and accrued income

142,136

172,903

2,255,666

1,499,427

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

191,751

80,069

Amounts owed to group undertakings

21,722

21,085

Amounts owed to associates

105,000

20,000

Tax

-

(1

)

Social security and other taxes

28,671

28,132

Other creditors

83,769

78,424

Directors' current accounts

285,320

285,320

Accrued expenses

63,352

52,001

779,585

565,030

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

The Report of the Auditors was unqualified.

Graham Bonomy (Senior Statutory Auditor)

for and on behalf of WDM Associates (Statutory Auditors)

8.	RELATED PARTY DISCLOSURES

At 31 December 2024 £105,000 (2023: £20,000) was due to Enhance Living Support Services Ltd, a company under common control.

the loan is interest free with no fixed repayment date.

On 3 January 2024 a charge was taken against the company's leasehold property by TC Loans Limited. The charge relates to sums owed by the parent company, Enhance Healthcare Holdings Ltd.