REGISTERED NUMBER: SC545883 (Scotland)

Financial Statements

for the Year Ended

31 December 2024

for

ENHANCE HEALTHCARE CLYDE VALLEY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Singh

P G Mcniven

A J Jamieson

REGISTERED OFFICE:

Barncluith Business Centre

Townhead Street

Hamilton

ML3 7DP

REGISTERED NUMBER:

SC545883 (Scotland)

AUDITORS:

WDM Associates (Statutory Auditors)

Oakfield House

378 Brandon Street

Motherwell

ML1 1XA

BANKERS:

The Royal Bank of Scotland

339 Byres Road

Glasgow

G12 8QP

FIXED ASSETS

Tangible assets

4

433,076

429,389

CURRENT ASSETS

Debtors

5

1,741,064

817,969

Cash at bank and in hand

505,885

809,581

2,246,949

1,627,550

CREDITORS

Amounts falling due within one year

6

(654,400

)

(701,857

)

NET CURRENT ASSETS

1,592,549

925,693

TOTAL ASSETS LESS CURRENT LIABILITIES

2,025,625

1,355,082

CREDITORS

Amounts falling due after more than one year

7

(9,428

)

(15,829

)

PROVISIONS FOR LIABILITIES

(73,626

)

(70,752

)

NET ASSETS

1,942,571

1,268,501

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,942,569

1,268,499

SHAREHOLDERS' FUNDS

1,942,571

1,268,501

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 Clyde Valley 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 56 (2023 - 56 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Long

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 January 2024

156,138

274,335

3,807

Additions

-

44,073

-

At 31 December 2024

156,138

318,408

3,807

DEPRECIATION

At 1 January 2024

9,759

21,461

1,546

Charge for year

7,807

57,062

452

At 31 December 2024

17,566

78,523

1,998

NET BOOK VALUE

At 31 December 2024

138,572

239,885

1,809

At 31 December 2023

146,379

252,874

2,261

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

17,818

40,099

7,592

499,789

Additions

38,454

-

4,660

87,187

At 31 December 2024

56,272

40,099

12,252

586,976

DEPRECIATION

At 1 January 2024

1,032

31,879

4,723

70,400

Charge for year

6,217

8,220

3,742

83,500

At 31 December 2024

7,249

40,099

8,465

153,900

NET BOOK VALUE

At 31 December 2024

49,023

-

3,787

433,076

At 31 December 2023

16,786

8,220

2,869

429,389

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

40,099

DEPRECIATION

At 1 January 2024

31,879

Charge for year

8,220

At 31 December 2024

40,099

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

8,220

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

251,466

162,633

Amounts owed by group undertakings

1,041,467

320,003

Amounts owed by associates

168,149

76,649

Other debtors

237,000

237,000

Directors' current accounts

11,656

-

Prepayments and accrued income

31,326

21,684

1,741,064

817,969

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

5,657

3,425

Trade creditors

105,212

58,121

Amounts owed to group undertakings

5,408

1,990

Tax

-

51,807

Social security and other taxes

18,787

17,380

Other creditors

231,878

223,176

Directors' current accounts

178,277

249,777

Accrued expenses

109,181

96,181

654,400

701,857

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

9,428

15,829

8.	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)

9.	RELATED PARTY DISCLOSURES

As at 31 December 2024 £95,000 (2023: £7,000) was owed by Enhance Living Support Services Limited and £46,088 (2023: £46,088) by Enhance Properties (Coatbridge) Limited, companies under common control.

The loans are interest free with no fixed repayment date.

On 8 January 2024 a charge was granted to TC Loans Limited over the company's leasehold property in respect of sums due by the parent company, Enhance Healthcare Holdings Ltd.