REGISTERED NUMBER: 02391563 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 JULY 2024 TO 31 DECEMBER 2024

FOR

LEACROFT LODGE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M K Haines

A K Haines

SECRETARY:

A K Haines

REGISTERED OFFICE:

White Gables

Cross Lane Head

Bridgnorth

WV16 4SJ

REGISTERED NUMBER:

02391563 (England and Wales)

AUDITORS:

BSS & Co (Accountancy Services) Limited

(Statutory Auditor)

75 Aston Road

Shifnal

Shropshire

TF11 8DU

FIXED ASSETS

Tangible assets

4

597,059

597,649

CURRENT ASSETS

Stocks

5,487

-

Debtors

5

114,524

1,918,214

Cash at bank and in hand

136,038

86,744

256,049

2,004,958

CREDITORS

Amounts falling due within one year

6

310,969

281,255

NET CURRENT (LIABILITIES)/ASSETS

(54,920

)

1,723,703

TOTAL ASSETS LESS CURRENT LIABILITIES

542,139

2,321,352

CREDITORS

Amounts falling due after more than one year

7

-

(1,170,161

)

PROVISIONS FOR LIABILITIES

(26,055

)

(26,290

)

NET ASSETS

516,084

1,124,901

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

515,984

1,124,801

SHAREHOLDERS' FUNDS

516,084

1,124,901

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 29 September 2025 and were signed on its behalf by:

A K Haines - Director

1.	STATUTORY INFORMATION

Leacroft Lodge 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 represents the fees derived from the provision of care services to residents during the year. Income is recognised on a daily basis for the provision of nursing care services.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

15% 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 period 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 period 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 period was 51 (2024 - 51 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 July 2024

602,528

589,935

1,192,463

Additions

4,931

8,103

13,034

At 31 December 2024

607,459

598,038

1,205,497

DEPRECIATION

At 1 July 2024

110,039

484,775

594,814

Charge for period

4,580

9,044

13,624

At 31 December 2024

114,619

493,819

608,438

NET BOOK VALUE

At 31 December 2024

492,840

104,219

597,059

At 30 June 2024

492,489

105,160

597,649

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

30.6.24

£

£

Trade debtors

100,674

38,191

Amounts owed by group undertakings

13,850

1,880,023

114,524

1,918,214

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

30.6.24

£

£

Bank loans and overdrafts

-

10,018

Trade creditors

75,510

63,346

Taxation and social security

92,378

60,353

Other creditors

143,081

147,538

310,969

281,255

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

30.6.24

£

£

Bank loans

-

1,170,161

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

30.6.24

value:

£

£

100

Ordinary

1

100

100

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

The Report of the Auditors was unqualified.

Taheer Afzal A.C.A. (Senior Statutory Auditor)

for and on behalf of BSS & Co (Accountancy Services) Limited

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the Haines family, who wholly own and control Northgate Healthcare Holdings Limited, a company which owns 100% of the issued share capital of Leacroft Lodge Limited as well as Northgate Healthcare Limited. Consolidated financial statements, in which this company is included, are publicly available from the Registrar of Companies, Cardiff.