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

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

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.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

Kargini Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 9 Bonhill Street, London, EC2A 4DJ.

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 amounts 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.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

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, which include balances due from connected companies, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

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.

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

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.

The average monthly number of persons (including directors) employed by the company under a contract of employment during the year was: nil (2024: nil).

Investment in the company's 100% owned subsidiary Camellia Care Holdings Limited is shown at cost. An annual impairment review was undertaken and there was no impairment needed during the year under review.

Camelia Care Holdings in turn has a 100% subsidiary Camelia Care (Chandlers Ford) Limited.

All companies are registered in England and Wales.

The long-term loans are secured by a debenture and a personal guarantee provided by the directors. The loan is also cross guaranteed by charges and debentures from related companies Shangri-La limited (07105940), Kargini Care Services Limited (04619743), Camellia Care (Holdings) Ltd (04423790) and Camellia Care (Chandler’s Ford) Ltd (04509333).

The loans are provided on a repayment basis to Royal Bank of Scotland plc and are for a term of 15 years from renewal on 13th March 2018. The applicable rate of interest is the bank's base rate plus a margin of 2.15%.

The company has granted a cross guarantee for the outstanding £801,150 loan granted to Shangri-la Limited (07105940) in favour of the Royal Bank of Scotland plc against assets held by Kargini Holdings Limited and its subsidiary companies.

The company was owed £2,501,205 at the balance sheet date (2024: £2,201,204 and owed £4,368,166 (2024: £3,961,080) by companies in which the controlling shareholders had a direct or indirect joint or controlling interest, both within and outside the Kargini Holdings Group. No interest was payable on these balances.

The directors have control of the company by virtue of their 70% shareholding.