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Company No: 03567452 (England and Wales)

# MCCAULAY'S HEALTH & SPORT LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

MCCAULAY'S HEALTH & SPORT LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

MCCAULAY'S HEALTH & SPORT LIMITED

## BALANCE SHEET

As at 31 March 2025
MCCAULAY'S HEALTH & SPORT LIMITED

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 1,256,700 |  | 1,166,370
|  | 1,256,700 |  | 1,166,370
Current assets |  |  |  |
Stocks |  | 1,530 |  | 1,548
Debtors | 5 | 2,209,069 |  | 2,386,078
Cash at bank and in hand |  | 273,911 |  | 195,242
|  | 2,484,510 |  | 2,582,868
Creditors: amounts falling due within one year | 6 | ( 459,070) |  | ( 569,377)
Net current assets |  | 2,025,440 |  | 2,013,491
Total assets less current liabilities |  | 3,282,140 |  | 3,179,861
Creditors: amounts falling due after more than one year | 7 | ( 2,240,257) |  | ( 2,476,676)
Provision for liabilities |  | ( 113,328) |  | ( 86,577)
Net assets |  | 928,555 |  | 616,608
Capital and reserves |  |  |  |
Called-up share capital | 8 | 963 |  | 963
Capital redemption reserve |  | 1,135 |  | 1,135
Profit and loss account |  | 926,457 |  | 614,510
Total shareholder's funds |  | 928,555 |  | 616,608

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of McCaulay's Health & Sport Limited (registered number: 03567452) were approved and authorised for issue by the Board of Directors on 11 November 2025. They were signed on its behalf by:

Mr J R Phillips Director |

MCCAULAY'S HEALTH & SPORT LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
MCCAULAY'S HEALTH & SPORT LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

McCaulay's Health & Sport Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services and goods made during the year in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill | 20 years straight line

###### Goodwill

Goodwill arises on business combination and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life, which is 20 years.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life, as follows:

Land and buildings | 50 years straight line
| depreciated over the life of the lease
Plant and machinery | 20 % reducing balance
Fixtures and fittings | 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings.

##### Stocks

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

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 12 |  | 12

#### 3. Intangible assets

| Goodwill |  | Total
| £ |  | £
Cost |  |  |
At 01 April 2024 | 5,000 |  | 5,000
At 31 March 2025 | 5,000 |  | 5,000
Accumulated amortisation |  |  |
At 01 April 2024 | 5,000 |  | 5,000
At 31 March 2025 | 5,000 |  | 5,000
Net book value |  |  |
At 31 March 2025 | 0 |  | 0
At 31 March 2024 | 0 |  | 0

#### 4. Tangible assets

| Land and buildings |  | Plant and machinery |  | Fixtures and fittings |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 April 2024 | 1,107,168 |  | 949,650 |  | 351,340 |  | 2,408,158
Additions | 0 |  | 272,588 |  | 0 |  | 272,588
Disposals | 0 |  | ( 252,480) |  | 0 |  | ( 252,480)
At 31 March 2025 | 1,107,168 |  | 969,758 |  | 351,340 |  | 2,428,266
Accumulated depreciation |  |  |  |  |  |  |
At 01 April 2024 | 253,366 |  | 651,314 |  | 337,108 |  | 1,241,788
Charge for the financial year | 17,388 |  | 102,228 |  | 2,846 |  | 122,462
Disposals | 0 |  | ( 192,684) |  | 0 |  | ( 192,684)
At 31 March 2025 | 270,754 |  | 560,858 |  | 339,954 |  | 1,171,566
Net book value |  |  |  |  |  |  |
At 31 March 2025 | 836,414 |  | 408,900 |  | 11,386 |  | 1,256,700
At 31 March 2024 | 853,802 |  | 298,336 |  | 14,232 |  | 1,166,370

Included within the net book value of land and buildings above is £491,114 (2024 - £499,538) in respect of freehold land and buildings and £345,300 (2024 - £354,264 ) in respect of leasehold land and buildings.

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 3,992 |  | 31,346
Amounts owed by connected companies | 2,128,604 |  | 2,226,669
Prepayments | 57,929 |  | 107,317
Other debtors | 18,544 |  | 20,746
| 2,209,069 |  | 2,386,078

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans (secured) | 250,766 |  | 250,766
Trade creditors | 81,237 |  | 212,045
Accruals | 31,925 |  | 14,320
Corporation tax | 3,167 |  | 3,167
Other taxation and social security | 82,592 |  | 81,506
Other creditors | 9,383 |  | 7,573
| 459,070 |  | 569,377

Creditors include bank loans of £250,766 (2024 - £250,766) which are secured against freehold property owned by the company.

#### 7. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans (secured) | 2,240,257 |  | 2,476,676

Creditors include bank loans of £2,240,257 (2024 - £2,476,676) which are secured against freehold property owned by the company.

#### 8. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
963 Ordinary A shares of £ 1.00 each | 963 |  | 963

#### 9. Financial commitments

Commitments

The company acts as a Guarantor on behalf of Kingston Estate (Devon) Limited in respect of a bank loan taken out during the year.

#### 10. Related party transactions

Other related party transactions

| 2025 |  | 2024
| £ |  | £
Interest received from associated companies | 171,837 |  | 176,766

#### 11. Ultimate controlling party

Parent Company:

JSCLCO Limited
Sigma House, Oak View Close, Edginswell Park, Torquay, TQ2 7FF.