Company registration number 16052381 (England and Wales)
ARCARE CODSALL HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2025
PAGES FOR FILING WITH REGISTRAR
ARCARE CODSALL HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
ARCARE CODSALL HOLDINGS LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2025
28 February 2025
- 1 -
2025
Notes
£
£
Fixed assets
Tangible assets
3
918,636
Current assets
Debtors
4
10,349
Cash at bank and in hand
13,471
23,820
Creditors: amounts falling due within one year
5
(312,709)
Net current liabilities
(288,889)
Total assets less current liabilities
629,747
Creditors: amounts falling due after more than one year
6
(650,731)
Net liabilities
(20,984)
Capital and reserves
Called up share capital
7
2
Profit and loss reserves
(20,986)
Total equity
(20,984)

For the financial period ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the period in question 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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 18 November 2025 and are signed on its behalf by:
Mr S Sabharwal
Director
Company registration number 16052381 (England and Wales)
ARCARE CODSALL HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2025
- 2 -
1
Accounting policies
Company information

Arcare Codsall Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Arcare Codsall Holdings Limited, 194 Penn Road, Wolverhampton, West Midlands, England, WV3 0EN.

1.1
Reporting period

The reporting period is a shortened four month period running from incorporation on 31 October 2024 to 28 February 2025.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

ARCARE CODSALL HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2025
1
Accounting policies
(Continued)
- 3 -

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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.

ARCARE CODSALL HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
Number
Total
2
ARCARE CODSALL HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2025
- 5 -
3
Tangible fixed assets
Land and buildings
£
Cost
At 31 October 2024
-
0
Additions
920,938
At 28 February 2025
920,938
Depreciation and impairment
At 31 October 2024
-
0
Depreciation charged in the period
2,302
At 28 February 2025
2,302
Carrying amount
At 28 February 2025
918,636
4
Debtors
2025
Amounts falling due within one year:
£
Other debtors
10,349
5
Creditors: amounts falling due within one year
2025
£
Bank loans
12,362
Other creditors
300,347
312,709

The bank loan is secured by fixed and floating charges over the freehold property in favour of Unity Trust Bank PLC.

6
Creditors: amounts falling due after more than one year
2025
Notes
£
Bank loans and overdrafts
650,731
Creditors which fall due after five years are payable as follows:
Payable by instalments
564,683

The bank loan is secured by fixed and floating charges over the freehold property in favour of Unity Trust Bank PLC.

ARCARE CODSALL HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2025
- 6 -
7
Called up share capital
2025
2025
Ordinary share capital
Number
£
Issued and fully paid
Ordinary shares of £1 each
2
2
8
Related party transactions

The following amounts were outstanding at the reporting end date:

2025
Amounts due to related parties
£
Other related parties
298,547
2025-02-28 2024-10-31 false false false 18 November 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr K Sharma Mr S Sabharwal LAMS Holdings Limited 16052381 2024-10-31 2025-02-28 16052381 2025-02-28 16052381 core:LandBuildings 2025-02-28 16052381 core:WithinOneYear 2025-02-28 16052381 core:AfterOneYear 2025-02-28 16052381 core:CurrentFinancialInstruments 2025-02-28 16052381 core:ShareCapital 2025-02-28 16052381 core:RetainedEarningsAccumulatedLosses 2025-02-28 16052381 core:ShareCapitalOrdinaryShareClass1 2025-02-28 16052381 bus:Director2 2024-10-31 2025-02-28 16052381 core:LandBuildings core:OwnedOrFreeholdAssets 2024-10-31 2025-02-28 16052381 core:LandBuildings 2024-10-30 16052381 core:LandBuildings 2024-10-31 2025-02-28 16052381 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 16052381 core:Non-currentFinancialInstruments 2025-02-28 16052381 bus:OrdinaryShareClass1 2024-10-31 2025-02-28 16052381 bus:OrdinaryShareClass1 2025-02-28 16052381 bus:PrivateLimitedCompanyLtd 2024-10-31 2025-02-28 16052381 bus:SmallCompaniesRegimeForAccounts 2024-10-31 2025-02-28 16052381 bus:FRS102 2024-10-31 2025-02-28 16052381 bus:AuditExemptWithAccountantsReport 2024-10-31 2025-02-28 16052381 bus:Director1 2024-10-31 2025-02-28 16052381 bus:Director3 2024-10-31 2025-02-28 16052381 bus:FullAccounts 2024-10-31 2025-02-28 xbrli:pure xbrli:shares iso4217:GBP