REGISTERED NUMBER: SC539203 (Scotland)

Financial Statements

for the Year Ended

30 December 2024

for

ENHANCE HEALTHCARE DEANSTON LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Singh

P G Mcniven

REGISTERED OFFICE:

Barncluith Business Centre

Townhead Street

Hamilton

ML3 7DP

REGISTERED NUMBER:

SC539203 (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

Intangible assets

4

-

43,750

Tangible assets

5

691,957

865,507

691,957

909,257

CURRENT ASSETS

Debtors

6

394,087

320,494

Cash at bank and in hand

126,977

145,962

521,064

466,456

CREDITORS

Amounts falling due within one year

7

(846,404

)

(875,323

)

NET CURRENT LIABILITIES

(325,340

)

(408,867

)

TOTAL ASSETS LESS CURRENT LIABILITIES

366,617

500,390

PROVISIONS FOR LIABILITIES

(18,541

)

(16,068

)

NET ASSETS

348,076

484,322

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

8

-

346,886

Retained earnings

348,074

137,434

SHAREHOLDERS' FUNDS

348,076

484,322

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 Deanston 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 as modified by the revaluation of certain assets.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

2% on cost

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

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 43 (2023 - 46 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 31 December 2023

and 30 December 2024

150,000

AMORTISATION

At 31 December 2023

106,250

Charge for year

43,750

At 30 December 2024

150,000

NET BOOK VALUE

At 30 December 2024

-

At 30 December 2023

43,750

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST OR VALUATION

At 31 December 2023

1,111,640

2,636

110,497

Additions

-

-

18,660

Revaluations

(481,764

)

-

-

At 30 December 2024

629,876

2,636

129,157

DEPRECIATION

At 31 December 2023

310,406

1,991

46,869

Charge for year

12,598

129

10,785

Revaluation adjustments

(310,406

)

-

-

At 30 December 2024

12,598

2,120

57,654

NET BOOK VALUE

At 30 December 2024

617,278

516

71,503

At 30 December 2023

801,234

645

63,628

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST OR VALUATION

At 31 December 2023

9,000

950

1,234,723

Additions

-

3,420

22,080

Revaluations

-

-

(481,764

)

At 30 December 2024

9,000

4,370

775,039

DEPRECIATION

At 31 December 2023

9,000

950

369,216

Charge for year

-

760

24,272

Revaluation adjustments

-

-

(310,406

)

At 30 December 2024

9,000

1,710

83,082

NET BOOK VALUE

At 30 December 2024

-

2,660

691,957

At 30 December 2023

-

-

865,507

Cost or valuation at 30 December 2024 is represented by:

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

Valuation in 2016

481,786

-

-

Valuation in 2024

(481,786

)

-

-

Cost

629,876

2,636

129,157

629,876

2,636

129,157

Motor

Computer

vehicles

equipment

Totals

£

£

£

Valuation in 2016

-

-

481,786

Valuation in 2024

-

-

(481,786

)

Cost

9,000

4,370

775,039

9,000

4,370

775,039

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

156,923

136,748

Amounts owed by group undertakings

190,657

138,195

Amounts owed by associates

31,205

29,201

Directors' current accounts

1,030

1,030

Tax

-

335

Prepayments and accrued income

14,272

14,985

394,087

320,494

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

(5,111

)

Trade creditors

32,877

23,867

Amounts owed to group undertakings

495,639

544,704

Amounts owed to associates

180,000

180,000

Tax

-

18,056

Social security and other taxes

17,636

15,422

Other creditors

30,181

24,663

Accrued expenses

90,071

73,722

846,404

875,323

8.

RESERVES

Fair

value

reserve

£

At 31 December 2023

346,886

Revaluation reversed

(346,886

)

At 30 December 2024

-

9.	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)

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 December 2024 and 30 December 2023:

2024

2023

£

£

P G Mcniven

Balance outstanding at start of year

1,030

1,030

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,030

1,030

11.	RELATED PARTY DISCLOSURES

As at 30 December 2024 £180,000 was owed to Enhance Properties (Coatbridge) Limited, a company under common control.

The loan is interest free with no fixed repayment date.

On 8 January 2024 security was granted over the company's property to TC Loans Limited. The security is in connection with sums loaned to the parent company, Enhance Healthcare Deanston Ltd.