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Registration number: 10028708

Abbeyfield Grange Residential Home Limited
Unaudited Financial Statements
for the Year Ended 30 June 2025

Abbeyfield Grange Residential Home Limited

(Registration number: 10028708)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 3 | 21,667 | 34,667
Tangible assets | 4 | 91,583 | 95,218
|  | 113,250 | 129,885
Current assets |  |  |
Debtors | 5 | 24,069 | 62,211
Cash at bank and in hand |  | 118,351 | 60,180
|  | 142,420 | 122,391
Creditors: Amounts falling due within one year | 6 | (110,576) | (97,408)
Net current assets |  | 31,844 | 24,983
Total assets less current liabilities |  | 145,094 | 154,868
Provisions for liabilities |  | (327) | (775)
Net assets |  | 144,767 | 154,093
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 144,667 | 153,993
Shareholders' funds |  | 144,767 | 154,093

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Director's Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the director on 21 October 2025

.........................................

Mrs R K Coates

Director

Abbeyfield Grange Residential Home Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

1 | Accounting policies

Statutory information

Abbeyfield Grange Residential Home Limited is a private company, limited by shares, domiciled in England and Wales, company number 10028708. The registered office is at 148 Burngreave Road, Pitsmoor, Sheffield, S3 9DH.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Revenue is recognised upon the delivery of services.

Government grants

Grants that do not impose specified future performance-related conditions are recognised in income when the grant proceeds are received or receivable. Grants that impose specified future performance-related conditions are recognised in income only when the performance-related conditions are met. Grants received before the revenue recognition criteria are satisfied are recognised as a liability.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax shall be recognised in respect of all timing differences at the reporting date, except as otherwise required by FRS102. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that 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 income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Abbeyfield Grange Residential Home Limited

Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)

1 | Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures, fittings and equipment | 25% straight line
Freehold property | 2% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 10% straight line
Other intangibles | 10% straight line

2 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 25 (2024 - 26).

Abbeyfield Grange Residential Home Limited

Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)

3 | Intangible assets

| Goodwill £ | Other intangibles £ | Total £
Cost
At 1 July 2024 | 129,994 | 6 | 130,000
At 30 June 2025 | 129,994 | 6 | 130,000
Amortisation
At 1 July 2024 | 95,333 | - | 95,333
Amortisation charge | 13,000 | - | 13,000
At 30 June 2025 | 108,333 | - | 108,333
Carrying amount
At 30 June 2025 | 21,661 | 6 | 21,667
At 30 June 2024 | 34,661 | 6 | 34,667

4 | Tangible assets

| Freehold Property £ | Fixtures, fittings and equipment £ | Total £
Cost
At 1 July 2024 | 96,125 | 29,589 | 125,714
At 30 June 2025 | 96,125 | 29,589 | 125,714
Depreciation
At 1 July 2024 | 4,006 | 26,490 | 30,496
Charge for the year | 1,842 | 1,793 | 3,635
At 30 June 2025 | 5,848 | 28,283 | 34,131
Carrying amount
At 30 June 2025 | 90,277 | 1,306 | 91,583
At 30 June 2024 | 92,119 | 3,099 | 95,218

Abbeyfield Grange Residential Home Limited

Notes to the Financial Statements for the Year Ended 30 June 2025 (continued)

5 | Debtors

| 2025 £ | 2024 £
Prepayments and accrued income | 23,801 | 47,942
Other debtors | 268 | 14,269
| 24,069 | 62,211

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 11,571 | 16,034
Accruals and deferred income | 19,324 | 19,675
Other creditors | 79,681 | 61,699
| 110,576 | 97,408

7 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £60,000 (2024 - £120,000).