REGISTERED NUMBER: 10098445 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

SOUTHCROFT HEALTHCARE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G S Allen

C D Allen

L Allen

D Allen

SECRETARY:

C D Allen

REGISTERED OFFICE:

Southcroft

Wicker Lane

Guilden Sutton

Chester

Cheshire

CH3 7EL

REGISTERED NUMBER:

10098445 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

HSBC Bank plc

35 High Street

Prestatyn

LL19 9AL

FIXED ASSETS

Tangible assets

4

58,295

33,114

CURRENT ASSETS

Debtors

5

120,569

135,009

Cash at bank

202,370

306,145

322,939

441,154

CREDITORS

Amounts falling due within one year

6

118,799

127,273

NET CURRENT ASSETS

204,140

313,881

TOTAL ASSETS LESS CURRENT LIABILITIES

262,435

346,995

CREDITORS

Amounts falling due after more than one year

7

(3,531

)

(45,407

)

PROVISIONS FOR LIABILITIES

9

(14,504

)

(8,279

)

NET ASSETS

244,400

293,309

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

244,396

293,305

SHAREHOLDERS' FUNDS

244,400

293,309

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 7th August 2025 and were signed on its behalf by:

G S Allen - Director

1.	STATUTORY INFORMATION

Southcroft Healthcare 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.

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" including the provisions of Section 1A "Small Entities" 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, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

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.

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

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.

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 121 (2024 - 94 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st April 2024

4,288

10,905

91,680

6,293

113,166

Additions

-

180

45,999

930

47,109

Disposals

-

-

(33,500

)

-

(33,500

)

At 31st March 2025

4,288

11,085

104,179

7,223

126,775

DEPRECIATION

At 1st April 2024

2,438

5,097

66,226

6,291

80,052

Charge for year

855

1,610

19,337

126

21,928

Eliminated on disposal

-

-

(33,500

)

-

(33,500

)

At 31st March 2025

3,293

6,707

52,063

6,417

68,480

NET BOOK VALUE

At 31st March 2025

995

4,378

52,116

806

58,295

At 31st March 2024

1,850

5,808

25,454

2

33,114

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st April 2024

and 31st March 2025

58,180

DEPRECIATION

At 1st April 2024

32,726

Charge for year

14,545

At 31st March 2025

47,271

NET BOOK VALUE

At 31st March 2025

10,909

At 31st March 2024

25,454

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

116,032

104,262

Amounts recoverable on contract

3,241

29,231

Prepayments

1,296

1,516

120,569

135,009

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,419

10,162

Hire purchase contracts

31,457

7,461

Trade creditors

1,337

5,660

Tax

8,777

38,786

Social security and other taxes

15,209

11,443

Net wages

22,929

29,517

Other creditors

836

-

Directors' current accounts

25,452

22,737

Accrued expenses

2,383

1,507

118,799

127,273

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

3,531

10,419

Bank loans - 2-5 years

-

3,531

Hire purchase contracts

-

31,457

3,531

45,407

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Hire purchase contracts

31,457

38,918

9.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

Accelerated capital allowances

14,504

8,279

Deferred

tax

£

Balance at 1st April 2024

8,279

Movement in the year due to:

changes in tax allowances

6,225

changes in tax rates

Balance at 31st March 2025

14,504

10.	CAPITAL COMMITMENTS

31.3.25

31.3.24

£

£

Contracted but not provided for in the

financial statements

-

-