REGISTERED NUMBER: 03366004 (England and Wales)

Adara Healthcare Ltd.

Financial Statements For The Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

Mrs S K Hanspaul

A S Hanspaul

S S Hanspaul

REGISTERED OFFICE:

2 Seedfield Close

Northampton

NN3 3PA

REGISTERED NUMBER:

03366004 (England and Wales)

AUDITORS:

Cheney & Co

Statutory Auditor

310 Wellingborough Road

Northampton

NN1 4EP

FIXED ASSETS

Tangible assets

4

138,670

158,515

CURRENT ASSETS

Debtors

5

3,626,914

3,746,256

Cash at bank and in hand

1,329,176

1,204,571

4,956,090

4,950,827

CREDITORS

Amounts falling due within one year

6

766,709

387,822

NET CURRENT ASSETS

4,189,381

4,563,005

TOTAL ASSETS LESS CURRENT LIABILITIES

4,328,051

4,721,520

PROVISIONS FOR LIABILITIES

33,145

37,800

NET ASSETS

4,294,906

4,683,720

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

4,244,906

4,633,720

4,294,906

4,683,720

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 1st December 2025 and were signed on its behalf by:

Mrs S K Hanspaul - Director

1.	STATUTORY INFORMATION

Adara Healthcare Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

The turnover of the company consists of fees receivable from local authorities and from privately funded residents of the care home for the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Depreciation is provided evenly over 5 years on the straight line basis for fixtures & fittings and evenly over 3 years on the straight line basis for plant and equipment.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

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 123 (2024 - 122 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

508,870

Additions

68,153

Disposals

(307,095

)

At 31st March 2025

269,928

DEPRECIATION

At 1st April 2024

350,355

Charge for year

82,083

Eliminated on disposal

(301,180

)

At 31st March 2025

131,258

NET BOOK VALUE

At 31st March 2025

138,670

At 31st March 2024

158,515

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

194,965

329,072

Amounts owed by group undertakings

3,407,116

3,405,402

Prepayments and accrued income

24,833

11,782

3,626,914

3,746,256

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

65,798

79,114

Amounts owed to group undertakings

19,935

19,935

Tax

255,236

116,034

Social security and other taxes

40,681

37,955

Other creditors

233,238

9,119

Accrued expenses

151,821

125,665

766,709

387,822

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Sparks FCA FCCA (Senior Statutory Auditor)

for and on behalf of Cheney & Co

8.	CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st March 2025 or as at 31st March 2024.

9.	CAPITAL COMMITMENTS

There were no capital commitments as at 31st March 2025 or as at 31st March 2024.

10.	RELATED PARTY DISCLOSURES

At the year end, the following balances were outstanding with related parties, not wholly owned.

Admire Healthcare, a fellow subsidiary company, was owed £19,934 by the company. (2024 - £19,934)

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Adara Group Limited.

The ultimate controlling party is Mrs S K Hanspaul.

The company's parent undertaking is Adara Group Limited, incorporated in England and Wales. The registered office address of Adara Group Limited is 2 Seedfield Close, Northampton, NN3 3PA. Group Consolidated Financial Statements are available upon request from Companies House, Crown Way, Cardiff, CF14 3UZ. The ultimate controlling party is Mrs. S. K. Hanspaul, a director of Adara Group Limited.