REGISTERED NUMBER: 12810402 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

ST. ELMO CARE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R N Platten

Ms N Mould

R Platten

Mrs S Platten

L Partridge

Mrs L Partridge

REGISTERED OFFICE:

85 Wolverton Road

Newport Pagnell

Buckinghamshire

MK16 8BH

REGISTERED NUMBER:

12810402 (England and Wales)

ACCOUNTANTS:

BBK Partnership Limited

Suite 2C, Brosnan House

175 Darkes Lane

Potters Bar

Hertfordshire

EN6 1BW

FIXED ASSETS

Tangible assets

4

808,082

820,479

CURRENT ASSETS

Debtors

5

272,593

434,151

Cash at bank

116,345

119,122

388,938

553,273

CREDITORS

Amounts falling due within one year

6

71,432

213,139

NET CURRENT ASSETS

317,506

340,134

TOTAL ASSETS LESS CURRENT LIABILITIES

1,125,588

1,160,613

CREDITORS

Amounts falling due after more than one year

7

(897,624

)

(905,440

)

PROVISIONS FOR LIABILITIES

10

(17,563

)

(37,905

)

NET ASSETS

210,401

217,268

CAPITAL AND RESERVES

Called up share capital

11

200

200

Retained earnings

210,201

217,068

SHAREHOLDERS' FUNDS

210,401

217,268

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 26 September 2025 and were signed on its behalf by:

R Platten - Director

1.	STATUTORY INFORMATION

ST. ELMO CARE LTD 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 represents fees receivable.

Tangible fixed assets

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

Freehold property

-

not provided

Plant and machinery

-

15% on reducing balance

Fixtures, fittings & equipment

-

15% on reducing balance

No depreciation is provided on the freehold property as it is the opinion that the value of the freehold property does not diminish over time and that departing from the relevant accounting standard presents a truer view.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 24 (2023 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

Freehold

Plant and

fittings

property

machinery

& equipment

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

737,829

98,096

30,829

866,754

DEPRECIATION

At 1 January 2024

-

37,852

8,423

46,275

Charge for year

-

9,037

3,360

12,397

At 31 December 2024

-

46,889

11,783

58,672

NET BOOK VALUE

At 31 December 2024

737,829

51,207

19,046

808,082

At 31 December 2023

737,829

60,244

22,406

820,479

5.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Trade debtors

2,827

51,321

Prepayments

3,493

2,767

6,320

54,088

Amounts falling due after more than one year:

Sundry loan

266,273

380,063

Aggregate amounts

272,593

434,151

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 8)

8,271

12,310

Trade creditors

1,311

671

Tax

14,535

30,089

Social security and other taxes

8,490

8,840

Resident payments in advance

265

51,972

Directors' current accounts

1,073

70,863

Accrued expenses

37,487

38,394

71,432

213,139

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans (see note 8)

897,624

905,440

31.12.24

31.12.23

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

823,800

8.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank loans

8,271

12,310

Amounts falling due between one and two years:

Bank loans - 1-2 years

10,571

15,910

Amounts falling due between two and five years:

Bank loans - 2-5 years

887,053

65,730

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

823,800

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

905,895

917,750

The bank loan is secured by way of fixed and floating charge over the company's freehold property.

10.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

Accelerated capital allowances

17,563

37,905

Deferred

tax

£

Balance at 1 January 2024

37,905

Credit to Income Statement during year

(20,342

)

Balance at 31 December 2024

17,563

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

200

Ordinary Share

£1

200

200

12.	RELATED PARTY DISCLOSURES

During the year the company provided a loan totalling £380,063 to Sundial Cottage Care Home Limited, a company under common control. The balance at the period end amounted to £380,063.

13.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout the year by the directors by virtue of their controlling shareholders.