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REGISTERED NUMBER: 01816375 (England and Wales)

STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PRIORY COURT DEVELOPMENTS LIMITED

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page |

Company Information | 1 |

Strategic Report | 2 |

Report of the Directors | 6 |

Report of the Independent Auditors | 9 |

Income Statement | 13 |

Other Comprehensive Income | 14 |

Balance Sheet | 15 |

Statement of Changes in Equity | 17 |

Cash Flow Statement | 18 |

Notes to the Cash Flow Statement | 19 |

Notes to the Financial Statements | 21 |

PRIORY COURT DEVELOPMENTS LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTORS: | Mrs V Suresparan

| Mr N B Suresparan

| SECRETARY: | Mr N B Suresparan

| REGISTERED OFFICE: | 1st Floor, 44-50 The Broadway

| Southall

| Middlesex

| UB1 1QB

| REGISTERED NUMBER: | 01816375 (England and Wales)

| SENIOR STATUTORY AUDITOR: | S Paramaguru

| AUDITORS: | Param & Company Ltd

| Chartered Certified Accountants

| Statutory Auditors

| 44 - 50 The Broadway

| Southall

| Middlesex

| UB1 1QB

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

STRATEGIC REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

The directors present their strategic report for the year ended 31 December 2024.

REVIEW OF BUSINESS

This year council tax increase includes the maximum 2.99% uplift in the general council tax elements and further 2% rise in the ring fenced adult social care precept.

The Company experienced a challenging year, adapting to the operational restrictions and limitations imposed as a

result of the Covid-19 pandemic in the previous year. Operating in the health sector as care homes, the Company continued to trade throughout and an increase in demand as it ensured a continuation of key services to its customers. The Company has delivered a satisfactory result for the current year. Please see further information

regarding the performance of the Company in the year in the Financial key performance indicators section below.

The cost for provision of care has continued to rise with minimum wage legislation and extra regulatory requirements, in order to attract and retain quality staff at all levels. Nursing shortage is acute nationally and has a bearing on wage costs. The company policy has been to continually invest in the fabric of the building, purchase new equipment and invest in staff training to improve standards of care.

The directors are very pleased with the progress that the company has made this year. All of the care homes run by the company are operating at near maximum capacity, with an average occupancy rate of 91% .

Key performance indicators

| 2024 |  | 2023 |

Revenue |  | £8,885,404 |  | £7,633,823 |

Gross profit |  | £2,220,502 |  | £2,159,678 |

Gross profit margin |  | 25% |  | 28% |

Profit before tax |  | £(91,211) |  | £51,395 |

Other Key performance indicators measured by the company include the wages to turnover rate, which is 62% (2023, 59%) and the Gross Profit Margin, which is 25% (2023, 28%).

Food costs

The third largest cost for care home operators is the food bill, which consumes around 3.25% (2023 - 3%). Compared with last year’s figures, this represents a significant increase, which hindered the company’s efforts to reduce its losses.

Going concern

The directors are confident that the company has adequate resources to continue operational existence for the foreseeable future. In consideration of going concern, the directors continually review the company's future cashflow forecasts and profit projections, on both a base case and sensitized basis, considering the principal risks and uncertainties that may arise. These forecasts have been prepared based on market data, experience trading within the sector and anticipated future trading. There is nothing to indicate from these forecasts, that the company would not be able to continue successfully as a going concern in the future.

STRATEGY

The board will continue to keep costs under control and develop existing income streams. New opportunities will continue to be sought where these will make a return for the company.

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

STRATEGIC REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

PRINCIPAL RISKS AND UNCERTAINTIES

Despite funding increases, and increase in the elderly population the sector faces financial strains and is also faced with a constant barrage of regulatory charges.

The majority of placements are from local councils which makes them a bulk purchaser of our services and therefore weakens our position with fee negotiations. This is balanced by an ever greater demand for beds and the pressure on the councils to vacate hospital beds. Increasing nursing homes are looking after very heavily dependent residents or residents who require short term care and this increases the risk of accidents and potential claims.

Priory Court Developments Ltd, like all businesses, faces a number of operating risks and uncertainties. The most fundamental issues faced by the company are:

- meeting bank covenants of the parent company.

- maximising occupancy levels;

- complying with the stringent regulations of the Care Quality Commission under which Care Homes operate;

- achieving quality standards; and

- attracting and retaining high quality qualified and other staff.

The cost for provision of care has continued to rise with minimum wage legislation and extra regulatory requirements, Inorder to attract and retain quality staff at all levels. Nursing shortage is acute nationally and has a bearing on wage costs. The company policy has been to continually invest in the fabric of the building, purchase new equipment and invest in staff training to improve standards of care.

Company monitor the performance on monthly and quarterly basis in order to achieve the required covenants for the banks. The required quality control to satisfy the CQC is monitored by the company management on a regular basis.

Risk of business interruption:

The recent interruption caused by the COVID-19 pandemic has also provided the company with a present and future risk to consider. The company has taken all steps possible to ensure the safety of our employees whilst working hard to develop processes that ensure the business has the financial resilience to prosper through this difficult period. At present we continue to follow government guidelines and operate cautiously in the wake of an ever evolving economic landscape. The group's financial performance will inevitably be impacted by the crisis during 2020 and beyond. Despite the challenges the company has faced throughout the COVID-19 pandemic, we feel we are in a good position to maximise the opportunity that will inevitably materialise through the growth of the economy.

Credit risk

The company's principal assets are bank balances and cash, trade and other receivables and tangible fixed assets.

The company's credit risk is primarily attributable to its trade receivables. Trade receivables are reviewed on a regular basis to ensure they are collectable. The amounts presented in the balance sheet are net allowances for doubtful receivables, estimated by the company based on previous experience and assessment of the current economic climate. Also, risk is spread over a large number of customers. The credit risk on liquid funds is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies.

Liquidity risk

The company has continued to maintain liquidity and sufficient working capital for its ongoing operations and future developments. All committed facilities are monitored and maintained regularly ensuring that all future improvement programmes are met.

Price risk

The company faces uncertainties in relation to average weekly fee increases for the provision of care services in the care homes operated by Priory Court Developments Ltd. The average weekly fee rates are also driven by the number of residents funded by Local Authorities and by private fee payers.

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

STRATEGIC REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

Reputational Risk

Any serious incident relating to the provision of care services could result in negative publicity and increased scrutiny from regulators, residents and families.

In order to mitigate this risk, we deliver comprehensive and continuous employee training via mandatory and specialist learning and development programme, have independent quality inspectors, carry out a Disclosure and Barring Service check on all care staff and monitor compliance with an industry best electronic system. We also have clear governance processes to report on risks and incidents, and then implement learning from those events to mitigate the risk of future incidents.

Regulatory Risk

Our operations are subject to a high level of regulation and scrutiny by regulators across the UK. Inspections are largely unannounced and often involve several inspectors per home visit. The failure to meet the appropriate national regulations could lead to a service being placed under special measures, being subjected to enforcement notices or possibly forced to close.

Our central quality team has been realigned to provide enhanced support to operational colleagues to deliver the best possible care for residents and to ensure that we are adhering to the required regulations in place throughout the UK.

To support this approach, we have introduced an improved quality assurance framework which is strength based and incorporates "I" and "we" statements focused on residents safety, experience and governance. Our internal assessment managers work closely with home managers and regional senior leaders to ensure that the outcomes of assessments are clear and any required actions are established and monitored. These actions are reviewed by the internal assessment manager as part of the home's next formal assessment.

We have developed a clinical event dashboard which provides assurance and oversight across the organisation and is reviewed regularly by key senior leaders both regionally and organisationally as part of our governance structure. The introduction of new digital care tools, including our new event reporting and quality assurance system, and our new digital care planning system, in addition to our existing system. provides a greater level of insight than we have ever been able to achieve centrally and enables us to identify and mitigate risks throughout our operations more efficiently than ever before.

We have a robust approach to understanding, learning from and mitigating future risk through our serious event review process, which drives the direction of future improvements and replication of good practice. If a serious event occurs, we undertake a serious event review meeting, comprising operations, and central quality support function colleagues and subject matter experts to understand what has happened, provide any additional support required, and to identify and share learning.

This approach also supports our monitoring and learning from complaints and safeguarding concerns which are all thoroughly investigated, responded to and the lessons learned are appropriately cascaded to share best practice. We have a whistleblowing procedure through which colleagues can raise concerns confidentially either with their manager, their superior, or, a member of the operational team, about how other colleagues are being treated or practices within our business or supply chain, without fear of reprisals.

Section 172

The directors confirm that they have had regard to the matters set out in Section 172(1)(a) to (f) of the Companies Act 2006 in performing their duties

(a) The likely consequences of any decision in the long term,

(b) The interests of the company's employees,

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

STRATEGIC REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

(c) The need to foster the company's business relationships with suppliers, customers and others,

(d) The impact of the company's operations on the community and the environment,

(e) The desirability of the company maintaining a reputation for high standards of business conduct, and

(f) The need to act fairly as between members of the company.

Employees

Priory Court Developments Ltd is committed to a policy of being a fair and inclusive employer. Employment with the company offers everyone equal rights, and career development and promotion prospects, regardless of age, race, gender, sexual orientation, disability or religion. We ensure as far as possible that the diversity of our teams reflects the diversity of the customers we serve.

Employees Applications for employment of disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concerned. In the event of members of staff being disabled every effort is made to ensure that their employment within the Company continues and that appropriate training is arranged. It is the policy of the Company that the training, career development and promotion of disabled people should, as far as possible, be identical to that of other employees.

Overall

Given the good cash flow, retained profits and positive balance sheet position, the directors are confident that all actions taken have kept the business in good stead and feel assured that this will continue forward into the future. Occupancy continued to grow throughout the year. With this being our most important key performance indicator, it gives the directors of the company reassurance that the business is in a very strong position

CONCLUSION

Priory Court Developments Ltd is considered to have sufficient financial resources, as a consequence the directors believe that the company is well placed to manage its business risks successfully despite the current uncertain economic outlook.

ON BEHALF OF THE BOARD:

Mr N B Suresparan - Director

29 September 2025

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 31 DECEMBER 2024

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of Residential care home with nursing facilities.

DIVIDENDS

No dividends will be distributed for the year ended 31 December 2024.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

Mrs V Suresparan

Mr N B Suresparan

POLITICAL DONATIONS AND EXPENDITURE

No Political Donations and Expenditure.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, 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.

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 31 DECEMBER 2024

STATEMENT OF DIRECTORS' RESPONSIBILITIES - continued

Future Developments

The Board remains committed to delivering high-quality, compassionate care by continuing to invest significantly in our workforce, environments, and services. Our strategic ambition is to become the first-choice care home provider in each of the communities we serve. We aim to achieve this by strengthening our partnerships with Local Authorities and NHS aligning ourselves with increasingly integrated and community-specific health and social care systems. Looking ahead, we intend to build upon the progress made over the past year in several key areas:

Occupancy Recovery and Workforce Retention: We will continue to focus on increasing occupancy across our portfolio and enhancing colleague retention by investing in staff development and wellbeing.

Quality and Service Line Expansion: Quality remains at the heart of everything we do. We will also explore opportunities to broaden the range of care services we offer,in order to meet the evolving needs of our residents.

Digital Transformation: The rollout of our digital care planning system will continue, with a longer-term goal of implementing a fully int egrated digital care platform. This will significantly improve how we deliver and monitor care.

Integration of Homes: Following the successful acquisition and onboarding of Care Homes into the We Care Group, we look forward to building o n this momentum to further enhance our offering.

In support of these objectives, we will continue to invest in the following strategic priorities:

Our Colleagues: Development of our new-starter journey, expansion of flexible working options, and further implementation of our Enhanced Workforce Model. This model is designed to help address sector-wide challenges related to the availability of qualified nu rses and skilled care staff.

Our Environments: Continued investment in our refurbishment and upgrade programme, expansion of bedroom capacity, and implementation of our ongoing decarbonisation initiatives.

Our Portfolio: We will remain agile in our portfolio management, including the careful addition of new, modern care homes and the selective divestment of homes that may be better served by alternative providers. This approach ensures efficient use of resources where we can make the greatest positive impact.

In line with national trends, increases in payroll and operational costs have resulted in upward pressure on fee rates. We remain committed to maintaining transparent and constructive dialogue with Local Authorities, NHS partners, and other stakeholders to ensure the long-term sustainability of care provision. As the needs of an ageing population become more complex, we will continue to advocate for a more integrated and adequately funded health and social care system.

Residents and Relatives

To provide compassionate and high-quality 24/7 care to our residents, fostering a supportive community for both residents and their families. We are dedicated to continuous listening, learning, and transparent communication to ensure our care and services represent the highest standard of value.

Our Suppliers

Our high-quality services for residents are delivered in partnership with our trusted suppliers. We build strong relationships through regular communication and performance reviews, and we demonstrate our reliability through fair payment practices and valued, long-term contracts. Our mutual success is built on a foundation of trust and transparency.

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 31 DECEMBER 2024

STATEMENT OF DIRECTORS' RESPONSIBILITIES - continued

Energy Use and Emissions Reporting

During the reporting period, the Company undertook several actions aimed at reducing energy consumption and improving efficiency across our homes as part of our commitment to environmental responsibility in accordance with applicable regulatory requirements :

Continued rollout of LED lighting and smart heating systems in newly refurbished and existing homes.

Implementation of building energy management systems (BEMS) to optimise heating, ventilation, and air conditioning (HVAC) performance.

Upgrades to insulation and windows as part of our refurbishment programme to improve thermal efficiency.

Investment in renewable energy technologies, including the evaluation of solar panel installations at selected sites.

Enhanced staff training programmes to promote energy-conscious behaviours within our homes.

These measures have not only contributed to a reduction in emissions but have also supported long-term cost savings and resilience against energy price volatility. We remain committed to reducing our environmental footprint while ensuring the comfort and well-being of our residents. Looking forward, we will continue to identify further opportunities for decarbonisation and sustainability across all aspects of our operations.

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 or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Param & Company Ltd, will be proposed for re-appointed in accordance with the companies Act 2006, s.485.

ON BEHALF OF THE BOARD:

Mr N B Suresparan - Director

29 September 2025

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

PRIORY COURT DEVELOPMENTS LIMITED

Opinion

We have audited the financial statements of Priory Court Developments Limited (the 'company') for the year ended 31 December 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- | give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its loss for the year then ended;

- | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- | have been prepared in accordance with the requirements of the Companies Act 2006.

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.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- | the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- | the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

PRIORY COURT DEVELOPMENTS LIMITED

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

- | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- | the financial statements are not in agreement with the accounting records and returns; or

- | certain disclosures of directors' remuneration specified by law are not made; or

- | we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on pages six and eight, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

PRIORY COURT DEVELOPMENTS LIMITED

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The extent to which the audit was considered capable of detecting irregularities including fraud

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

* The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

* We identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the care home sector.

* We focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, anti-bribery, employment, environmental and health and safety legislation;

* We assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

* Identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

* Making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

* Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

* Performed analytical procedures to identify any unusual or unexpected relationships;

*Tested journal entries to identify unusual transactions;

*Assessed whether judgements and assumptions made in determining the accounting estimates set out in note 2 were indicative of potential bias; and

*Investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

*Agreeing financial statement disclosures to underlying supporting documentation;

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

PRIORY COURT DEVELOPMENTS LIMITED

*Reading the minutes of meetings of those charged with governance, concealment or collusion.

*Enquiring of management as to actual and potential litigation and claims; and

*Reviewing correspondence with HMRC, relevant regulators, including the Health and Safety Executive, and the company's legal advisors.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error, as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

S Paramaguru (Senior Statutory Auditor)

for and on behalf of Param & Company Ltd

Chartered Certified Accountants

Statutory Auditors

44 - 50 The Broadway

Southall

Middlesex

UB1 1QB

29 September 2025

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

INCOME STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2024

| 2024 |  | 2023

| Notes | £ | £ |

TURNOVER | 8,885,404 |  | 7,633,823 |  |

Cost of sales | 6,664,902 |  | 5,474,145 |  |

GROSS PROFIT | 2,220,502 |  | 2,159,678 |  |

Administrative expenses | 2,017,580 |  | 1,544,940 |  |

OPERATING PROFIT | 4 | 202,922 |  | 614,738 |  |

Interest receivable and similar income | 24,000 |  | 14,000 |  |

226,922 |  | 628,738 |  |

Interest payable and similar expenses | 5 | 318,133 |  | 577,343 |  |

(LOSS)/PROFIT BEFORE TAXATION | (91,211 | ) | 51,395 |  |

Tax on (loss)/profit | 6 | 197,712 |  | 48,511 |  |

(LOSS)/PROFIT FOR THE FINANCIAL YEAR | (288,923 | ) | 2,884 |  |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

OTHER COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 DECEMBER 2024

| 2024 |  | 2023

| Notes | £ | £ |

(LOSS)/PROFIT FOR THE YEAR | (288,923 | ) | 2,884 |  |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | (288,923 | ) | 2,884 |  |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

BALANCE SHEET

31 DECEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 7 | 8,181,871 |  | 7,568,136 |  |

CURRENT ASSETS

Stocks | 8 | 6,050 |  | 5,500 |  |

Debtors | 9 | 3,074,233 |  | 2,177,578 |  |

Cash at bank and in hand | 73,408 |  | 79,602 |  |

3,153,691 |  | 2,262,680 |  |

CREDITORS

Amounts falling due within one year | 10 | 4,535,963 |  | 2,906,545 |  |

NET CURRENT LIABILITIES | (1,382,272 | ) | (643,865 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 6,799,599 |  | 6,924,271 |  |

CREDITORS

Amounts falling due after more than one year | 11 | (5,737,589 | ) | (5,771,050 | ) |

PROVISIONS FOR LIABILITIES | 15 | (316,998 | ) | (119,286 | ) |

NET ASSETS | 745,012 |  | 1,033,935 |  |

CAPITAL AND RESERVES

Called up share capital | 16 | 50,100 |  | 50,100 |  |

Share premium | 17 | 197,664 |  | 197,664 |  |

Revaluation reserve | 17 | 443,003 |  | 443,003 |  |

Retained earnings | 17 | 54,245 |  | 343,168 |  |

SHAREHOLDERS' FUNDS | 745,012 |  | 1,033,935 |  |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

BALANCE SHEET - continued

31 DECEMBER 2024

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:

Mr N B Suresparan - Director

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2024

| Called up |

| share |  | Retained |  | Share |  | Revaluation |  | Total

| capital |  | earnings |  | premium |  | reserve |  | equity

£ | £ | £ | £ | £ |

Balance at 1 January 2023 | 50,100 |  | 340,284 |  | 197,664 |  | 443,003 |  | 1,031,051 |  |

Changes in equity

Total comprehensive income | - |  | 2,884 |  | - |  | - |  | 2,884 |  |

Balance at 31 December 2023 | 50,100 |  | 343,168 |  | 197,664 |  | 443,003 |  | 1,033,935 |  |

Changes in equity

Total comprehensive income | - |  | (288,923 | ) | - |  | - |  | (288,923 | ) |

Balance at 31 December 2024 | 50,100 |  | 54,245 |  | 197,664 |  | 443,003 |  | 745,012 |  |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2024

| 2024 |  | 2023

| Notes | £ | £ |

Cash flows from operating activities

Cash generated from operations | 1 | 473,012 |  | 743,227 |  |

Interest paid | (316,555 | ) | (577,343 | ) |

Interest element of finance lease payments paid | (1,578 | ) | - |  |

Net cash from operating activities | 154,879 |  | 165,884 |  |

Cash flows from investing activities

Purchase of tangible fixed assets | (885,667 | ) | (487,495 | ) |

Interest received | 24,000 |  | 14,000 |  |

Net cash from investing activities | (861,667 | ) | (473,495 | ) |

Cash flows from financing activities

Loan repayments in year | (132,275 | ) | (122,893 | ) |

Capital repayments in year | 113,167 |  | - |  |

Amount introduced by directors | 1,962 |  | - |  |

Amount received from (paid) to grp/assoc | 717,740 |  | 426,134 |  |

Net cash from financing activities | 700,594 |  | 303,241 |  |

Decrease in cash and cash equivalents | (6,194 | ) | (4,370 | ) |

Cash and cash equivalents at beginning of year | 2 | 79,602 |  | 83,972 |  |

Cash and cash equivalents at end of year | 2 | 73,408 |  | 79,602 |  |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

NOTES TO THE CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | RECONCILIATION OF (LOSS)/PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

| 2024 |  | 2023

£ | £ |

| (Loss)/profit before taxation | (91,211 | ) | 51,395 |  |

| Depreciation charges | 271,932 |  | 151,683 |  |

| Finance costs | 318,133 |  | 577,343 |  |

| Finance income | (24,000 | ) | (14,000 | ) |

474,854 |  | 766,421 |  |

| Increase in stocks | (550 | ) | (180 | ) |

| Increase in trade and other debtors | (450,234 | ) | (289,926 | ) |

| Increase in trade and other creditors | 448,942 |  | 266,912 |  |

| Cash generated from operations | 473,012 |  | 743,227 |  |

2. | CASH AND CASH EQUIVALENTS

| The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

| Year ended 31 December 2024

| 31.12.24 |  | 1.1.24

£ | £ |

| Cash and cash equivalents | 73,408 |  | 79,602 |  |

| Year ended 31 December 2023

| 31.12.23 |  | 1.1.23

£ | £ |

| Cash and cash equivalents | 79,602 |  | 83,972 |  |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

NOTES TO THE CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2024

3. | ANALYSIS OF CHANGES IN NET DEBT

| At 1.1.24 | Cash flow | At 31.12.24

£ | £ | £ |

| Net cash |

| Cash at bank and in hand | 79,602 |  | (6,194 | ) | 73,408 |  |

79,602 |  | (6,194 | ) | 73,408 |  |

| Debt

| Finance leases | - |  | (113,167 | ) | (113,167 | ) |

| Debts falling due within 1 year | (144,600 | ) | (9,947 | ) | (154,547 | ) |

| Debts falling due after 1 year | (5,771,050 | ) | 142,221 |  | (5,628,829 | ) |

(5,915,650 | ) | 19,107 |  | (5,896,543 | ) |

| Total | (5,836,048 | ) | 12,913 |  | (5,823,135 | ) |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Priory Court Developments 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

| Turnover represents net invoiced care home fees and is recognised per night that a room is occupied.

| Turnover is deferred where amounts have been invoiced, but these relate to services to be provided in future periods.

| Turnover is accrued where amounts have yet to be invoiced, but where the services have been provided in the period to date.

| Going concern

| The Directors are confident that the company has adequate resources to continue operational existence for the foreseeable future. In consideration of going concern, the directors continually review the company's future cashflow forecasts and profit projections, on both a base case and sensitized basis, considering the principal risks and uncertainties that may arise. These forecasts have been prepared based on market data, experience trading within the sector and anticipated future trading. There is nothing to indicate from these forecasts that the company would not be able to continue successfully as a going concern in the future.

| 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

| Plant and machinery | - | 20% on cost

| Fixtures and fittings | - | 20% on cost

| Freehold premises are stated at cost in the balance sheet.

| Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| 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.

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives.

| Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| 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

| 2024 |  | 2023

£ | £ |

| Wages and salaries | 4,965,034 |  | 4,055,413 |  |

| Social security costs | 417,424 |  | 334,283 |  |

| Other pension costs | 83,973 |  | 93,838 |  |

5,466,431 |  | 4,483,534 |  |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

3. | EMPLOYEES AND DIRECTORS - continued

| The average number of employees during the year was as follows:

| 2024 |  | 2023

| Administration | 1 |  | 1 |  |

| Care Staff | 249 |  | 246 |  |

250 |  | 247 |  |

| 2024 |  | 2023

£ | £ |

| Directors' remuneration | - |  | - |  |

4. | OPERATING PROFIT

| The operating profit is stated after charging:

| 2024 |  | 2023

£ | £ |

| Hire of plant and machinery | 3,161 |  | 7,967 |  |

| Depreciation - owned assets | 271,932 |  | 151,683 |  |

| Auditors' remuneration | 16,490 |  | 8,400 |  |

5. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| 2024 |  | 2023

£ | £ |

| Bank loan interest | 316,555 |  | 577,343 |  |

| Hire purchase | 1,578 |  | - |  |

318,133 |  | 577,343 |  |

6. | TAXATION

| Analysis of the tax charge

| The tax charge on the loss for the year was as follows:

| 2024 |  | 2023

£ | £ |

| Deferred tax | 197,712 |  | 48,511 |  |

| Tax on (loss)/profit | 197,712 |  | 48,511 |  |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

6. | TAXATION - continued

| Reconciliation of total tax charge included in profit and loss

| The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

| 2024 |  | 2023

£ | £ |

| (Loss)/profit before tax | (91,211 | ) | 51,395 |  |

| (Loss)/profit multiplied by the standard rate of corporation tax in the UK of 25% (2023 - 23.520%) | (22,803 | ) | 12,088 |  |

| Effects of:

| Expenses not deductible for tax purposes | 1,977 |  | 1,302 |  |

| Capital allowances in excess of depreciation | (153,468 | ) | (79,022 | ) |

| Utilisation of tax losses | - |  | (3,293 | ) |

| Deferred tax | 197,712 |  | 48,511 |  |

| Group relief | - |  | 68,925 |  |

| Unutilisation of tax losses | 174,294 |  | - |  |

| Total tax charge | 197,712 |  | 48,511 |  |

7. | TANGIBLE FIXED ASSETS

| Fixtures |

| Freehold |  | Plant and |  | and |

| property |  | machinery |  | fittings |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2024 | 7,048,706 |  | 150,325 |  | 1,006,584 |  | 8,205,615 |  |

| Additions | - |  | 142,677 |  | 742,990 |  | 885,667 |  |

| At 31 December 2024 | 7,048,706 |  | 293,002 |  | 1,749,574 |  | 9,091,282 |  |

| DEPRECIATION

| At 1 January 2024 | 109,144 |  | 46,468 |  | 481,867 |  | 637,479 |  |

| Charge for year | 26,302 |  | 31,174 |  | 214,456 |  | 271,932 |  |

| At 31 December 2024 | 135,446 |  | 77,642 |  | 696,323 |  | 909,411 |  |

| NET BOOK VALUE

| At 31 December 2024 | 6,913,260 |  | 215,360 |  | 1,053,251 |  | 8,181,871 |  |

| At 31 December 2023 | 6,939,562 |  | 103,857 |  | 524,717 |  | 7,568,136 |  |

8. | STOCKS

2024 | 2023 |

£ | £ |

| Finished goods | 6,050 |  | 5,500 |  |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 1,260,725 |  | 1,151,566 |  |

| Amounts owed by group undertakings | 37,827 |  | - |  |

| Amounts owed by associates | 1,164,647 |  | 756,053 |  |

| Other debtors | 337,700 |  | 200,162 |  |

| Tax | 358 |  | 358 |  |

| VAT | 17,155 |  | - |  |

| Prepayments and accrued income | 255,821 |  | 69,439 |  |

3,074,233 |  | 2,177,578 |  |

10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts (see note 12) | 154,547 |  | 144,600 |  |

| Finance leases (see note 13) | 4,407 |  | - |  |

| Trade creditors | 70,970 |  | 197,612 |  |

| Amounts owed to group undertakings | 2,209,664 |  | 1,216,712 |  |

| Amounts owed to associates | 768,547 |  | 597,339 |  |

| Social security and other taxes | 164,510 |  | 69,996 |  |

| Pension contributions | 5,647 |  | 8,293 |  |

| Other creditors | 5,621 |  | 1,570 |  |

| Other Creditors 2 | 52,716 |  | - |  |

| Netpay control account | 12,754 |  | 22,461 |  |

| Directors' current accounts | 1,962 |  | - |  |

| Accruals and deferred income | 1,084,618 |  | 647,962 |  |

4,535,963 |  | 2,906,545 |  |

11. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans (see note 12) | 5,628,829 |  | 5,771,050 |  |

| Finance leases (see note 13) | 108,760 |  | - |  |

5,737,589 |  | 5,771,050 |  |

12. | LOANS

| An analysis of the maturity of loans is given below:

2024 | 2023 |

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | 154,547 |  | 144,600 |  |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

12. | LOANS - continued

2024 | 2023 |

£ | £ |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | 5,628,829 |  | 5,771,050 |  |

13. | LEASING AGREEMENTS

| Minimum lease payments under finance leases fall due as follows:

| Finance leases |

2024 | 2023 |

£ | £ |

| Gross obligations repayable:

| Within one year | 18,513 |  | - |  |

| Between one and five years | 138,008 |  | - |  |

156,521 |  | - |  |

| Finance charges repayable:

| Within one year | 14,106 |  | - |  |

| Between one and five years | 29,248 |  | - |  |

43,354 |  | - |  |

| Net obligations repayable:

| Within one year | 4,407 |  | - |  |

| Between one and five years | 108,760 |  | - |  |

113,167 |  | - |  |

14. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Bank loans | 5,783,376 |  | 5,915,650 |  |

| Included within bank loans and overdrafts are bank loans totalling £5.8m (2023 , £5.9m) which are secured by first legal charge over the freehold properties and a debenture over all of the group's assets and undertaking. The loan is repayable by instalments over six year from 5th of April 2022 with interest charged at base rate plus 4.3%.

| A cross guarantee between the Borrower, Ultimate Care Limited, Byron Lodge (West Melton) Limited, KPS Care Limited, and Esteem Care Limited.

| A first debenture from KPS Care Limited over all of its assets and undertaking.

| A first debenture from Esteem Care Limited over all of its assets and undertaking.

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

15. | PROVISIONS FOR LIABILITIES

2024 | 2023 |

£ | £ |

| Deferred tax | 316,998 |  | 119,286 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2024 | 119,286 |  |

| Provided during year | 197,712 |  |

| Balance at 31 December 2024 | 316,998 |  |

16. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 50,100 | Ordinary | 1 | 50,100 |  | 50,100 |  |

17. | RESERVES

| Retained |  | Share |  | Revaluation |

| earnings |  | premium |  | reserve |  | Totals

£ | £ | £ | £ |

| At 1 January 2024 | 343,168 |  | 197,664 |  | 443,003 |  | 983,835 |  |

| Deficit for the year | (288,923 | ) | (288,923 | ) |

| At 31 December 2024 | 54,245 |  | 197,664 |  | 443,003 |  | 694,912 |  |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

18. | RELATED PARTY DISCLOSURES

| The parent company is Ultimate Care Ltd, 1st Floor, 44/50 The Broadway, Southall, Middlesex, UB1 1QB, |

| a company registered in England & Wales (Company Reg : 05893709). |

| Accounts present information about the company as an individual undertaking and not about its group. |

| Group accounts are prepared by Ultimate Care Ltd, the parent undertaking. |

| The directors consider Ultimate Care Ltd to be the ultimate parent company. |

| Ultimate Care Ltd accounts can be obtained from 60 Station road, North Harrow, HA2 7SH. |

| Ultimate Care Ltd |  |  | 2024 |  |  | 2023 |  |

| A company in which Mr & Mrs Suresparan are Directors |  |  | £ |  |  | £ |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | (2,209,664 | ) |  | (1,018,315 | ) |

|  | ====== |  |  | ====== |  |

| Byron (West Melton) Ltd |  |

| A company in which Mr & Mrs Suresparan are Directors |  |

| Amount due from / (to) related party is interest free & unsecured Loans.

| Amount due from / (to) related party at the balance sheet date |  |  | 37,827 |  |  | (198,397 | ) |

|  | ====== |  |  | ====== |  |

| Esteem Care Ltd |  |

| A company in which Mr & Mrs Suresparan are Directors |  |

| Amount due from (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | 289,340 |  |  | 267,735 |  |

|  | ====== |  |  | ====== |  |

| Tudor Bank Ltd |  |

| A company in which Mr & Mrs Suresparan are Directors and shareholders. |  |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | (165,760 | ) |  | (140,385 | ) |

|  | ====== |  |  | ====== |  |

| JSS Holdings Ltd |  |

| A company in which Mr & Mrs Suresparan are Directors and shareholders. |  |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | (8,394 | ) |  | (8,394 | ) |

|  | ====== |  |  | ====== |  |

| Europe Care Holdings Ltd |  |

| A company in which Mr & Mrs Suresparan are Directors and shareholders. |  |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | (379,922 | ) |  | (18,824 | ) |

|  | ====== |  |  | ====== |  |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

| Woolton Grange Ltd |  |

| A company in which Mr & Mrs Suresparan are Directors and shareholders. |  |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | (84,220 | ) |  | (87,934 | ) |

|  | ====== |  |  | ====== |  |

| KPS Care Ltd |  |

| A company in which Mr & Mrs Suresparan are Directors and shareholders. |  |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | 281,551 |  |  | 233,551 |  |

|  | ====== |  |  | ====== |  |

| KPS One Care Ltd |  |

| A company in which Mr & Mrs Suresparan are Directors and shareholders. |  |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | 14,806 |  |  | 14,806 |  |

|  | ====== |  |  | ====== |  |

| Ayrus Ltd |  |

| A company in which Mr & Mrs Suresparan are Directors |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | - |  |  | (54,104 | ) |

|  | ===== |  |  | ===== |  |

| Mahogany House (Newtown) Ltd |  |

| A company in which Mr & Mrs Suresparan are Directors. |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | (14,978 | ) |  | (30,143 | ) |

|  | ===== |  |  | ===== |  |

| BBA Care Ltd |  |

| A company in which Mr Suresparan is a Director. |  |

| Amount due from / (to) related party is interest free & unsecured Loans.

| Amount due from / (to) related party at the balance sheet date |  |  | 6,989 |  |  | 6,989 |  |

|  | ===== |  |  | ===== |  |

| Daleside Nursing Home Limited |  |

| A company in which Mr & Mrs Suresparan are Directors. |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | 85,847 |  |  | (220,785 | ) |

|  | ====== |  |  | ===== |  |

| Riversdale (Northwest) Limited |  |

| A company in which Mr & Mrs Suresparan are Directors. |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | 74,029 |  |  | 17,276 |  |

|  | ====== |  |  | ====== |  |

PRIORY COURT DEVELOPMENTS LIMITED (REGISTERED NUMBER: 01816375)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

| LBT Holdings Limited |  |

| A company in which Mr & Mrs Suresparan are Directors and shareholders. |  |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | (5,048 | ) |  | 195,000 |  |

|  | ======== |  |  | ======== |  |

| Flight Care Limited |  |

| A company in which Mr & Mrs Suresparan are Directors and shareholders. |  |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | 341,963 |  |  | (36,770 | ) |

|  | ======== |  |  | ===== |  |

| The Dales Care (Northwest) Limited |  |

| A company in which Mr & Mrs Suresparan are Directors and shareholders. |  |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | - |  |  | 19,746 |  |

|  | ======== |  |  | ======== |  |

| Care Plus London Limited |  |

| A company in which Mr & Mrs Suresparan are Directors and shareholders. |  |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | 70,121 |  |  | - |  |

|  | ======== |  |  | ======== |  |

| Victorguard Limited |  |

| A company in which Mr & Mrs Suresparan are Directors and shareholders. |  |  |

| Amount due from / (to) related party is interest free & unsecured Loans. |  |

| Amount due from / (to) related party at the balance sheet date |  |  | (110,225 | ) |  | - |  |

|  | ======== |  |  | ======== |  |

19. | ULTIMATE CONTROLLING PARTY

| The controlling party are Mr N B Suresparan and Mrs V Suresparan.

20. | PRINCIPAL PLACE OF BUSINESS

| The address of the company's principal place of business are:

| a) 60 Station road, North Harrow, HA2 7SH.