Caseware UK (AP4) 2023.0.135 2023.0.135 The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.Interest income is recognised in profit or loss using the effective interest method. Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.75311 58699 105 false 104 false 2024-04-01 false No description of principal activity true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. NI065938 2024-04-01 2025-03-31 NI065938 2023-04-01 2024-03-31 NI065938 2025-03-31 NI065938 2024-03-31 NI065938 2023-04-01 NI065938 c:CompanySecretary1 2024-04-01 2025-03-31 NI065938 c:Director1 2024-04-01 2025-03-31 NI065938 c:RegisteredOffice 2024-04-01 2025-03-31 NI065938 c:Agent1 2024-04-01 2025-03-31 NI065938 d:Buildings 2024-04-01 2025-03-31 NI065938 d:Buildings 2025-03-31 NI065938 d:Buildings 2024-03-31 NI065938 d:Buildings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 NI065938 d:MotorVehicles 2024-04-01 2025-03-31 NI065938 d:MotorVehicles 2025-03-31 NI065938 d:MotorVehicles 2024-03-31 NI065938 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 NI065938 d:FurnitureFittings 2024-04-01 2025-03-31 NI065938 d:FurnitureFittings 2025-03-31 NI065938 d:FurnitureFittings 2024-03-31 NI065938 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 NI065938 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 NI065938 d:Non-currentFinancialInstruments d:ListedExchangeTraded 2025-03-31 NI065938 d:CurrentFinancialInstruments 2025-03-31 NI065938 d:CurrentFinancialInstruments 2024-03-31 NI065938 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 NI065938 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 NI065938 d:ShareCapital 2025-03-31 NI065938 d:ShareCapital 2024-03-31 NI065938 d:CapitalRedemptionReserve 2024-04-01 2025-03-31 NI065938 d:CapitalRedemptionReserve 2025-03-31 NI065938 d:CapitalRedemptionReserve 2024-03-31 NI065938 d:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 NI065938 d:RetainedEarningsAccumulatedLosses 2025-03-31 NI065938 d:RetainedEarningsAccumulatedLosses 2024-03-31 NI065938 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 NI065938 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 NI065938 d:OtherDeferredTax 2025-03-31 NI065938 d:OtherDeferredTax 2024-03-31 NI065938 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-04-01 2025-03-31 NI065938 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2025-03-31 NI065938 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-03-31 NI065938 c:OrdinaryShareClass1 2024-04-01 2025-03-31 NI065938 c:OrdinaryShareClass1 2025-03-31 NI065938 c:OrdinaryShareClass1 2024-03-31 NI065938 c:FRS102 2024-04-01 2025-03-31 NI065938 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 NI065938 c:FullAccounts 2024-04-01 2025-03-31 NI065938 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI065938 2 2024-04-01 2025-03-31 NI065938 6 2024-04-01 2025-03-31 NI065938 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Unaudited Financial Statements Armagh Care Services For the year ended 31 March 2025 Registered number: NI065938
Armagh Care Services
Company Information
Director | Mr D McHugh
Company secretary | Mr D McHugh
Registered number | NI065938
Registered office | 15 New Line
| Richhill
| Co. Armagh
| BT61 9QR
Bankers | Ulster Bank
| 20 High Street
| Portadown
| BT62 1HZ
Solicitors | McElhone Solicitors
| 1B High Street
| Portadown
| BT62 1HZ
Armagh Care Services
Contents
| Page
Balance Sheet | 1 - 2
Notes to the Financial Statements | 3 - 11
Armagh Care Services Registered number:NI065938
Balance Sheet As at 31 March 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 3,158,743 |  | 3,286,199
Investments | 6 |  | 767,070 |  | 496,529
|  |  | 3,925,813 |  | 3,782,728
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 8,081 |  | 8,397 |
Cash at bank and in hand | 8 | 378,423 |  | 499,468 |
|  | 386,504 |  | 507,865 |
Creditors: amounts falling due within one year | 9 | (330,085) |  | (666,571) |
Net current assets/(liabilities) |  |  | 56,419 |  | (158,706)
Total assets less current liabilities |  |  | 3,982,232 |  | 3,624,022
Provisions for liabilities |  |  |  |  |
Deferred tax liability | 10 | (79,578) |  | (59,095) |
Deferred income | 11 | (34,804) |  | (37,033) |
|  |  | (114,382) |  | (96,128)
Net assets |  |  | 3,867,850 |  | 3,527,894
Capital and reserves |  |  |  |  |
Called up share capital | 12 |  | 200 |  | 200
Capital redemption reserve | 13 |  | 800 |  | 800
Profit and loss account | 13 |  | 3,866,850 |  | 3,526,894
|  |  | 3,867,850 |  | 3,527,894
Page 1
Armagh Care Services Registered number:NI065938
Balance Sheet (continued) As at 31 March 2025 The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 December 2025.
Mr D McHugh
Director
The notes on pages 3 to 11 form part of these financial statements. Page 2
Armagh Care Services
Notes to the Financial Statements For the year ended 31 March 2025
1. | General information
Armagh Care Services is a private unlimited company and is incorporated in Northern Ireland. The address of its registered office is 15 New Line, Richhill. Co. Armagh, BT61 9QR. The principal activity of the Company is the running of a residential nursing care facility. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3). The following principal accounting policies have been applied:
| 2.2 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 3
Armagh Care Services
Notes to the Financial Statements For the year ended 31 March 2025 2.Accounting policies (continued)
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.4 | Government grants
Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.7 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 4
Armagh Care Services
Notes to the Financial Statements For the year ended 31 March 2025 2.Accounting policies (continued)
| 2.8 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.9 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.10 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. The Company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the Company. The carrying amount of the replaced part is derecognised. Repairs and maintenance are charged to profit or loss during the period in which they are incurred. Page 5
Armagh Care Services
Notes to the Financial Statements For the year ended 31 March 2025 2.Accounting policies (continued)
| 2.10 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method (2023: straight-line/reducing balance method). The company reassessed its accounting policy in relation to motor vehicles & trailers and fixtures and fittings and determined that a more appropriate method for depreciation is straight line. This policy has been implemented as of 1st April 2023. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 2% | straight-line
|  |  |  | Motor vehicles & trailers | - | 20% | straight-line
|  |  |  | Fixtures and fittings | - | 33% | straight-line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.11 | Valuation of investments
Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.12 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.13 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.14 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 6
Armagh Care Services
Notes to the Financial Statements For the year ended 31 March 2025 2.Accounting policies (continued)
| 2.15 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.16 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
Estimates and judgments are required when applying accounting policies. These are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The company makes estimates and assumptions concerning the future, which can involve a high degree of judgment or complexity. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below: a) Useful economic lives of tangible assets The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual value are re-assessed annually. They are amended when necessary to reflect current estimates, based on future investments, economic utilisation and the physical condition of the assets.
4. | Employees
| The average monthly number of employees, including directors, during the year was 104 (2024 - 105).
Page 7
Armagh Care Services
Notes to the Financial Statements For the year ended 31 March 2025
5. | Tangible fixed assets
|  | Freehold property | Motor vehicles & trailers | Fixtures and fittings | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 April 2024 | 4,497,461 | 202,266 | 176,871 | 4,876,598
| Additions | 11,490 | 24,292 | 46,173 | 81,955
| Disposals | - | (26,805) | (17,876) | (44,681)
| At 31 March 2025 | 4,508,951 | 199,753 | 205,168 | 4,913,872
| Depreciation |  |  |  |
| At 1 April 2024 | 1,421,765 | 61,812 | 106,822 | 1,590,399
| Charge for the year | 90,018 | 39,549 | 60,561 | 190,128
| Disposals | - | (8,037) | (17,361) | (25,398)
| At 31 March 2025 | 1,511,783 | 93,324 | 150,022 | 1,755,129
| Net book value |  |  |  |
| At 31 March 2025 | 2,997,168 | 106,429 | 55,146 | 3,158,743
| At 31 March 2024 | 3,075,696 | 140,454 | 70,049 | 3,286,199
6. | Fixed asset investments
|  | Listed investments
|  | £
| Cost or valuation |
| At 1 April 2024 | 496,529
| Additions | 250,000
| Revaluations | 20,541
| At 31 March 2025 | 767,070
Page 8
Armagh Care Services
Notes to the Financial Statements For the year ended 31 March 2025
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Prepayments and accrued income | 8,081 | 8,397
|  | 8,081 | 8,397
8. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 378,423 | 499,468
|  | 378,423 | 499,468
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed to group undertakings | 200 | -
| Corporation tax | 239,880 | 582,328
| Other taxation and social security | 38,862 | 34,904
| Other creditors | 7,741 | 5,183
| Accruals and deferred income | 43,402 | 44,156
|  | 330,085 | 666,571
Page 9
Armagh Care Services
Notes to the Financial Statements For the year ended 31 March 2025
10. | Deferred tax liability
|  | 2025 | 2024
|  | £ | £
| At beginning of year | 59,095 | 50,777
| Charged to profit or loss | 20,483 | 8,318
| At end of year | 79,578 | 59,095
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Capital gains | 4,267 | 396
| Fixed asset timing differences | 75,829 | 59,995
| Short term timing differences | (518) | (1,296)
|  | 79,578 | 59,095
11. | Deferred income
|  | Government capital grants
|  | £
| At 1 April 2024 | 37,033
| Charged to profit or loss | (2,229)
| At 31 March 2025 | 34,804
12. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 200 (2024 - 200) Ordinary shares of £1 each | 200 | 200
Page 10
Armagh Care Services
Notes to the Financial Statements For the year ended 31 March 2025
13. | Reserves
Capital redemption reserve This reserve consists of amounts transferred following the purchase of the company's own shares. Profit and loss account Includes all current and prior year retained profits and losses.
14. | Related party transactions
| The company has availed of the exemption under FRS102 section 33 which does not require disclosure of transactions entered into between any subsidiary undertaking which is wholly owned by a member of that group.
15. | Controlling party
Knockduff Limited, a company incorporated in the Isle of Man, is the immediate parent company at the end of the current financial year. Mr D McHugh is the ultimate controlling party by virtue of shareholding in Knockduff Limited.
Page 11