REGISTERED NUMBER: 14146573 (England and Wales)

Cole Park Care Ltd

Report of the Directors and

Financial Statements for the Period 1 July 2023 to 31 March 2024

Page

Company Information

1

Report of the Directors

2

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

57ag Limited

Jaspal Singh Kooner

REGISTERED OFFICE:

Unit 1 Manhattan Business Park

West Gate

London

W5 1UP

REGISTERED NUMBER:

14146573 (England and Wales)

AUDITORS:

DSJ Partners (UK) Limited

2nd Floor

1 Bell Street

London

NW1 5BY

The directors present their report with the financial statements of the company for the period 1 July 2023 to 31 March 2024.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 July 2023 to the date of this report.

57ag Limited

Jaspal Singh Kooner

GOING CONCERN

The financial statements have been prepared on a going concern basis as the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and the shareholders of the holding company has undertaken to provide continuing financial support so that the company is able to pay its debts as and when they fall due.

In order to assess the going concern assumption, the company has prepared and considered trading and cashflow forecasts for the period covering at least 12 months from the date of approval of these financial statements.

Having considered the information available to her to the date of signing the financial statements, the directors are satisfied that the company remains a going concern.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, DSJ Partners (UK) Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Jaspal Singh Kooner - Director

24 September 2025

FIXED ASSETS

Tangible assets

4

83,106

-

CURRENT ASSETS

Debtors

5

100

100

Cash at bank

5,071

-

5,171

100

CREDITORS

Amounts falling due within one year

6

(121,855

)

-

NET CURRENT (LIABILITIES)/ASSETS

(116,684

)

100

TOTAL ASSETS LESS CURRENT LIABILITIES

(33,578

)

100

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(33,678

)

-

(33,578

)

100

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 24 September 2025 and were signed on its behalf by:

Jaspal Singh Kooner - Director

1.	STATUTORY INFORMATION

Cole Park 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under historical cost convention. The principal accounting policies adopted are set out below.

Going concern

The financial statements have been prepared on a going concern basis as the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and the shareholders of the holding company have undertaken to provide continuing financial support so that the company is able to pay its debts as and when they fall due.

In order to assess the going concern assumption, the company has prepared and considered trading and cashflow forecasts for the period covering at least 12 months from the date of approval of these financial statements.

Having considered the information available to her to the date of signing the financial statements, the directors are satisfied that the company remains a going concern.

Reporting period

During the year, the company has changed its accounting reference date to 31 March 2024. As such, the comparative figures are for the thirteen month period ended 31 March 2023, and therefore not entirely comparable.

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 the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

10% on cost

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legacy enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the assets and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, amounts owed by group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and aresubsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset is measured at the present value of the future receipts discounted at a market rate of interest.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade, other creditors and amounts owed to group undertakings, are initially recognised at transaction price unless the arrangement constitute a financing transaction, where the debt instrument is measured at the present value of the future payments discontinued at the market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of proceeds received, net of transaction costs.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

Additions

92,340

At 31 March 2024

92,340

DEPRECIATION

Charge for period

9,234

At 31 March 2024

9,234

NET BOOK VALUE

At 31 March 2024

83,106

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

100

100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

121,855

-

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

The Report of the Auditors was qualified on the following basis:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. We were unable to obtain sufficient appropriate audit evidence regarding expenditure incurred by the company during the year.

As a result, we were unable to determine whether any adjustments might have been necessary to these items or to the financial statements as a whole. Consequently, we do not express an opinion on whether the financial statements give a true and fair view of the state of the Company's affairs as at 31 March 2024, or of its profit or loss for the year then ended, in accordance with FRS 102 Section 1A 'Small Entities' and the requirements of the Companies Act 2006.

Bharat Kumar Dhanani (Senior Statutory Auditor)

for and on behalf of DSJ Partners (UK) Limited

9.	ULTIMATE CONTROLLING PARTY

At 31 March 2024, the immediate and ultimate holding company was 57AG Limited, a company incorporated in England.

The parent company, 57AG Limited prepare consolidated accounts that include the results of Cole Park Care Ltd. The registered office of 57 AG Ltd is 1 Manhattan Business Park, London, W5 1UP. Copies of the consolidated accounts are available from the registered office.