REGISTERED NUMBER: 11117235 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ALYSIA CARING (STAMFORD) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D A Liveras

Mrs L A Liveras-Hilali

Mr J Inbakumar

Miss A I Liveras

REGISTERED OFFICE:

Southgate Office Village

Block F, First Floor

288 Chase Road

London

N14 6HF

REGISTERED NUMBER:

11117235 (England and Wales)

AUDITORS:

Freemans Partnership LLP

Chartered Certified Accountants

and Statutory Auditors

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

4

13,634,160

14,004,888

Investments

5

1,800

1,800

13,635,960

14,006,688

CURRENT ASSETS

Stocks

6

7,817

6,478

Debtors

7

235,652

104,189

Cash at bank and in hand

783,490

85,054

1,026,959

195,721

CREDITORS

Amounts falling due within one year

8

4,920,849

1,686,383

NET CURRENT LIABILITIES

(3,893,890

)

(1,490,662

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,742,070

12,516,026

CREDITORS

Amounts falling due after more than one year

9

14,100,000

16,250,810

NET LIABILITIES

(4,357,930

)

(3,734,784

)

CAPITAL AND RESERVES

Called up share capital

12

1,000

1,000

Retained earnings

13

(4,358,930

)

(3,735,784

)

SHAREHOLDERS' FUNDS

(4,357,930

)

(3,734,784

)

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 26 September 2025 and were signed on its behalf by:

Mr D A Liveras - Director

1.	STATUTORY INFORMATION

Alysia Caring (Stamford) 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.

The preparation of the financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates, it also requires management to exercise judgement in applying the Company's accounting policies.

Going Concern

The Directors have prepared budgets for the next 12 months and after making appropriate judgments the Directors have reasonable expectations that the Company has adequate resources to operate for the foreseeable future.

Therefore the Directors continue to adopt the going concern basis in preparing these Financial Statements.

Significant judgements and estimates

Tangible fixed assets are recognised at cost less accumulated depreciation and any impairment. Depreciation on all assets takes place over the estimated useful life, down to the assessed residual value. The net book value of the company's fixed assets is tested as soon as changed conditions show a need for impairment has arisen.

Turnover

Turnover is recognised in the period in which the services are provided and comprises residents' fees and other ancillary services measured at fair value of the consideration received or receivable, excluding discounts and rebates.

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% straight line

Fixtures and fittings - 15% straight line

Motor Vehicles - 25% straight line

Computer Equipment - 33% straight line

No depreciation charge has been provided for the Freehold Land.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Borrowing costs

General and specific borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 83 (2023 - 49 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

14,091,146

793,807

15,479

13,909

14,914,341

Additions

-

4,812

-

4,158

8,970

At 31 December 2024

14,091,146

798,619

15,479

18,067

14,923,311

DEPRECIATION

At 1 January 2024

609,129

281,048

10,311

8,965

909,453

Charge for year

250,074

119,793

3,869

5,962

379,698

At 31 December 2024

859,203

400,841

14,180

14,927

1,289,151

NET BOOK VALUE

At 31 December 2024

13,231,943

397,778

1,299

3,140

13,634,160

At 31 December 2023

13,482,017

512,759

5,168

4,944

14,004,888

As at 31 December 2024, total borrowing costs of £832,450 have been capitalised.

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

1,800

NET BOOK VALUE

At 31 December 2024

1,800

At 31 December 2023

1,800

The Company's investment at the Balance Sheet date is 100% of the ordinary share capital of Wigmore Place (Stamford) Limited. The registered office of this entity is: Southgate Office Village, Block F, First Floor, 288 Chase Road, London, N14 6HF.

6.

STOCKS

31.12.24

31.12.23

£

£

Stocks

7,817

6,478

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

153,102

27,923

Other debtors

15,107

11,853

Amounts due by related parties

-

18,754

Prepayments and accrued income

67,443

45,659

235,652

104,189

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 10)

3,030,405

-

Trade creditors

63,401

32,086

Social security and other taxes

36,271

29,255

Pension

6,073

4,348

Other creditors

15,644

71,644

Amounts due to related parties

1,517,465

1,440,729

Accruals and deferred income

251,590

108,321

4,920,849

1,686,383

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans (see note 10)

-

3,130,810

Other loans (see note 10)

14,100,000

13,120,000

14,100,000

16,250,810

10.

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

3,030,405

-

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

3,130,810

Amounts due to related parties

14,100,000

13,120,000

14,100,000

16,250,810

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

3,030,405

3,130,810

First legal mortgage dated 30 November 2018 over the freehold property.

Mortgage Debenture provided by Alysia Caring (Stamford) Limited dated 28 November 2018.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1,000

Ordinary

£1

1,000

1,000

13.

RESERVES

Retained

earnings

£

At 1 January 2024

(3,735,784

)

Deficit for the year

(623,146

)

At 31 December 2024

(4,358,930

)

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

The Report of the Auditors was unqualified.

Raju Kalia (Senior Statutory Auditor)

for and on behalf of Freemans Partnership LLP

15.	RELATED PARTY DISCLOSURES

16.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D A Liveras.

The ultimate controlling party is Mr D A Liveras.