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REGISTERED NUMBER: SC337695 (Scotland)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 28 FEBRUARY 2025 |

| FOR |

| JSL CARE LIMITED |

| JSL CARE LIMITED (REGISTERED NUMBER: SC337695) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 28 February 2025

Page |

| Abridged Balance Sheet | 1 |

| Notes to the Financial Statements | 3 |

| JSL CARE LIMITED (REGISTERED NUMBER: SC337695) |

ABRIDGED BALANCE SHEET

28 February 2025

| 28.2.25 | 29.2.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 2,186,201 |  | 2,183,059 |  |

CURRENT ASSETS

Debtors | 649,565 |  | 709,705 |  |

Cash at bank | 220,467 |  | 146,618 |  |

870,032 |  | 856,323 |  |

CREDITORS

Amounts falling due within one year | 997,511 |  | 1,290,316 |  |

NET CURRENT LIABILITIES | (127,479 | ) | (433,993 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,058,722 |  | 1,749,066 |  |

CREDITORS

Amounts falling due after more than one year | 5 | 754,924 |  | 882,656 |  |

NET ASSETS | 1,303,798 |  | 866,410 |  |

CAPITAL AND RESERVES

Called up share capital | 3 |  | 3 |  |

Retained earnings | 1,303,795 |  | 866,407 |  |

SHAREHOLDERS' FUNDS | 1,303,798 |  | 866,410 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

| JSL CARE LIMITED (REGISTERED NUMBER: SC337695) |

ABRIDGED BALANCE SHEET - continued

28 February 2025

The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2025 and were signed on its behalf by:

D S Shearer - Director

| JSL CARE LIMITED (REGISTERED NUMBER: SC337695) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| JSL Care Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

| Registered number: | SC337695

| Registered office: | Glenlivet Gardens Care Home

| 30 Glen Livet Place

| Glasgow

| G53 7LA

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 & revenue recognition

| Turnover represents invoiced sales of goods and services. Revenue is recognised when goods and services are provided to the customer.

| 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.

| Freehold property | - | in accordance with the property

| Plant and machinery | - | 20% on reducing balance

| Fixtures and fittings | - | 20% on reducing balance

| Motor vehicles | - | 20% on reducing balance

| Computer equipment | - | 33% on cost

| Financial instruments

| The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments.

| Basic financial instruments are initially recognised at transaction value and subsequently measured at their

| settlement value.

| 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.

| JSL CARE LIMITED (REGISTERED NUMBER: SC337695) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 28 February 2025

2. | ACCOUNTING POLICIES - continued

| 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 132 (2024 - 157 ) .

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 March 2024 | 2,867,293 |  |

| Additions | 21,880 |  |

| At 28 February 2025 | 2,889,173 |  |

| DEPRECIATION

| At 1 March 2024 | 684,234 |  |

| Charge for year | 18,738 |  |

| At 28 February 2025 | 702,972 |  |

| NET BOOK VALUE

| At 28 February 2025 | 2,186,201 |  |

| At 29 February 2024 | 2,183,059 |  |

| JSL CARE LIMITED (REGISTERED NUMBER: SC337695) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 28 February 2025

4. | TANGIBLE FIXED ASSETS - continued

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

| Totals

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 16,880 |  |

| DEPRECIATION

| At 1 March 2024 | 13,399 |  |

| Charge for year | 696 |  |

| At 28 February 2025 | 14,095 |  |

| NET BOOK VALUE

| At 28 February 2025 | 2,785 |  |

| At 29 February 2024 | 3,481 |  |

5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |

| 28.2.25 |  | 29.2.24

£ | £ |

| Repayable by instalments

| Bank loans more 5 yr by instal | 257,025 |  | 397,784 |  |

6. | SECURED DEBTS

| The following secured debts are included within creditors:

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank loans | 879,399 |  | 1,003,874 |  |

| The bank loan is secured by:

| - the first Standard Security by the Borrower over the Property

| - the Bond & Floating Charge by the Borrower over its whole property and undertaking

7. | RELATED PARTY DISCLOSURES

| Inter-company loans receivable from Bonnyholm Ltd total £450,786 (2024: £437,394)

| Inter-company loans payable to Loanwood Ltd total £157,208 (2024: £157,208)

| Loans due to the director £259,590 (2024: £330,602)

8. | ULTIMATE CONTROLLING PARTY

| Ultimate control is held jointly by D Shearer, J Shearer and L Shearer.