REGISTERED NUMBER: 09167963 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PROMEDICA24 (LANCASHIRE) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K E Twardowska

G Wrzosek

REGISTERED OFFICE:

Suite 38 Hardmans Business Centre

New Hall Hey Road

Rawtenstall

Lancashire

BB4 6HH

REGISTERED NUMBER:

09167963 (England and Wales)

FIXED ASSETS

Tangible assets

4

815

1,067

CURRENT ASSETS

Debtors

5

795,031

993,801

Cash at bank

658,591

246,914

1,453,622

1,240,715

CREDITORS

Amounts falling due within one year

6

918,850

1,326,792

NET CURRENT ASSETS/(LIABILITIES)

534,772

(86,077

)

TOTAL ASSETS LESS CURRENT LIABILITIES

535,587

(85,010

)

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Retained earnings

530,587

(90,010

)

SHAREHOLDERS' FUNDS

535,587

(85,010

)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

G Wrzosek - Director

1.	STATUTORY INFORMATION

Promedica24 (Lancashire) 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

The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of care services provided during the year, net of value added tax and adjusted for accrued and deferred income.

The company provides varying levels of ongoing live-in care services and raises invoices for these services based on pre agreed weekly rates. As such, fair value reflects amounts invoiced during the year plus amounts expected to be recovered from clients in respect of services provided at the balance sheet date which has not yet been invoiced to clients.

Intragroup recharges

Costs incurred by UK based group companies which relate to the UK based operation are shared among all UK based trading companies by way of a monthly recharge. These are split between 'Cost of sales' and 'Administrative expenses' depending on the nature of the cost recharged.

The recharges are calculated based on the turnover of each individual company as a percentage of the total turnover of all UK trading companies, in line with a formula which is defined in the intercompany agreement. At the end of the year, Management reserve the right to make an adjustment to the recharge to ensure that the costs in each company are in line with its turnover.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

life.

Fixtures and fittings

-

20% on cost

Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Deferred tax represents the future tax consequences of material transactions and events recognised in the financial statements of current and previous periods.

Current and deferred tax assets and liabilities are not discounted and are 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.

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 183 (2023 - 154 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

1,256

DEPRECIATION

At 1 January 2024

189

Charge for year

252

At 31 December 2024

441

NET BOOK VALUE

At 31 December 2024

815

At 31 December 2023

1,067

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

744,395

874,666

Other debtors

13,081

6,751

Deferred tax asset

-

76,075

Prepayments and accrued income

37,555

36,309

795,031

993,801

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

49,914

45,612

Amounts owed to group undertakings

366,532

795,279

Social security and other taxes

127,817

112,416

Other creditors

273,331

243,836

Accruals and deferred income

101,256

129,649

918,850

1,326,792

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

The Report of the Auditors was unqualified.

Katharine Halsall (Senior Statutory Auditor)

for and on behalf of Caldwell Penn Limited, Statutory Auditor

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, the amounts owed to group companies were as follows:

Promedica24 UK Ltd

-

£nil

(2023 - £409,788)

Promedica Plus UK

-

£166,143

(2023 - £141,791)

Promedica Care SP z.o.o.

-

£24,977

(2023 - £38,957)

Care UK24 DE SP z.o.o.

-

£175,412

(2023 - £204,743)

These amounts are included in 'Amounts owed to group undertakings'.

9.	ULTIMATE PARENT UNDERTAKING

The ultimate parent undertaking is PineBridge New Europe Partners II-A, L.P., a company registered in the state of Cayman Islands. The parent's business and mailing address is 399 Park Avenue, 4th Floor, New York, NY, 10022.