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Registered number: 04577994
ADR Care Homes Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Aston Shaw Ltd (Norwich)
The Union Building
51-59 Rose Lane
Norwich
NR1 1BY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04577994
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 2,415,083 2,498,581
2,415,083 2,498,581
CURRENT ASSETS
Debtors 6 3,095,806 3,010,649
Cash at bank and in hand 25,163 77,413
3,120,969 3,088,062
Creditors: Amounts Falling Due Within One Year 7 (637,985 ) (604,484 )
NET CURRENT ASSETS (LIABILITIES) 2,482,984 2,483,578
TOTAL ASSETS LESS CURRENT LIABILITIES 4,898,067 4,982,159
Creditors: Amounts Falling Due After More Than One Year 8 (700,340 ) (913,790 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (50,410 ) (45,212 )
NET ASSETS 4,147,317 4,023,157
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 4,147,315 4,023,155
SHAREHOLDERS' FUNDS 4,147,317 4,023,157
Page 1
Page 2
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Shelina Rudd
Director
31/10/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ADR Care Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04577994 . The registered office is Bethany Francis House, 106 Cambridge Street, St. Neots, Cambridgeshire, PE19 1PL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. 
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% on cost
Plant & Machinery 20% on reducing balance
Motor Vehicles 25% on cost
Fixtures & Fittings 15% on reducing balance
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 44 (2023: 44)
44 44
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2023 481,465
As at 31 October 2024 481,465
Amortisation
As at 1 November 2023 481,465
As at 31 October 2024 481,465
Net Book Value
As at 31 October 2024 -
As at 1 November 2023 -
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 November 2023 3,507,700 27,936 150,092 12,210 3,697,938
As at 31 October 2024 3,507,700 27,936 150,092 12,210 3,697,938
Depreciation
As at 1 November 2023 1,047,780 26,380 115,139 10,058 1,199,357
Provided during the period 70,154 311 12,710 323 83,498
As at 31 October 2024 1,117,934 26,691 127,849 10,381 1,282,855
Net Book Value
As at 31 October 2024 2,389,766 1,245 22,243 1,829 2,415,083
As at 1 November 2023 2,459,920 1,556 34,953 2,152 2,498,581
Page 4
Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 112,739 100,851
Prepayments and accrued income 11,561 12,973
Other debtors 131,823 115,175
Directors' loan accounts 662,293 790,932
Amounts owed by subsidiaries 2,177,390 1,990,718
3,095,806 3,010,649
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 101,621 195,060
Bank loans and overdrafts 210,065 206,681
Corporation tax 79,002 12,503
PAYE control account 156,210 108,915
Other creditors 43,366 39,036
Accruals 47,721 42,289
637,985 604,484
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 700,340 913,790
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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