REGISTERED NUMBER: 09114226 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CONEWOOD MANOR CARE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M V Santhiapillai

Ms K Wordley

SECRETARY:

Ms K Wordley

REGISTERED OFFICE:

Third Floor

17 London Road

Bromley

BR1 1DE

REGISTERED NUMBER:

09114226 (England and Wales)

AUDITORS:

Edwards Chartered Accountants

Statutory Auditor

409-411 Croydon Road

Beckenham

Kent

BR3 3PP

FIXED ASSETS

Intangible assets

4

-

38,600

Tangible assets

5

11,980,081

12,091,787

11,980,081

12,130,387

CURRENT ASSETS

Stocks

2,500

2,500

Debtors

6

222,224

249,833

Cash at bank and in hand

1,111,596

131,811

1,336,320

384,144

CREDITORS

Amounts falling due within one year

7

2,321,999

2,415,636

NET CURRENT LIABILITIES

(985,679

)

(2,031,492

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,994,402

10,098,895

PROVISIONS FOR LIABILITIES

40,564

22,946

NET ASSETS

10,953,838

10,075,949

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

8,984,691

8,984,691

Retained earnings

1,969,047

1,091,158

10,953,838

10,075,949

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 18 September 2025 and were signed on its behalf by:

M V Santhiapillai - Director

1.	STATUTORY INFORMATION

Conewood Manor Care 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, 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

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on 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 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.

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 44 (2024 - 46 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

386,000

AMORTISATION

At 1 April 2024

347,400

Charge for year

38,600

At 31 March 2025

386,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

38,600

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 April 2024

12,068,977

694,468

13,444

12,776,889

Additions

11,100

103,547

706

115,353

Disposals

-

(1,043

)

-

(1,043

)

At 31 March 2025

12,080,077

796,972

14,150

12,891,199

DEPRECIATION

At 1 April 2024

68,977

603,495

12,630

685,102

Charge for year

193,275

32,018

723

226,016

At 31 March 2025

262,252

635,513

13,353

911,118

NET BOOK VALUE

At 31 March 2025

11,817,825

161,459

797

11,980,081

At 31 March 2024

12,000,000

90,973

814

12,091,787

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

Valuation in 2024

8,984,691

-

-

8,984,691

Cost

3,095,386

796,972

14,150

3,906,508

12,080,077

796,972

14,150

12,891,199

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

3,095,386

3,084,286

Aggregate depreciation

(82,559

)

(68,977

)

Freehold land and buildings were valued on an open market basis basis on 31 March 2024 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

201,588

230,044

Other debtors

20,636

19,789

222,224

249,833

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

60,340

Amounts owed to group undertakings

1,870,359

1,828,465

Taxation and social security

316,028

448,591

Other creditors

135,612

78,240

2,321,999

2,415,636

8.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

8,984,691

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

The Report of the Auditors was unqualified.

John Duggan (Senior Statutory Auditor)

for and on behalf of Edwards Chartered Accountants

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M V Santhiapillai.