REGISTERED NUMBER: 12051979 (England and Wales)

Admire 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

S Sebastian

REGISTERED OFFICE:

2 Seedfield Close

Northampton

NN3 3PA

REGISTERED NUMBER:

12051979 (England and Wales)

AUDITORS:

Cheney & Co

Statutory Auditor

310 Wellingborough Road

Northampton

NN1 4EP

FIXED ASSETS

Tangible assets

4

120,062

74,931

CURRENT ASSETS

Debtors

5

667,094

451,181

Cash at bank and in hand

694,835

416,190

1,361,929

867,371

CREDITORS

Amounts falling due within one year

6

570,258

542,873

NET CURRENT ASSETS

791,671

324,498

TOTAL ASSETS LESS CURRENT LIABILITIES

911,733

399,429

PROVISIONS FOR LIABILITIES

30,000

18,700

NET ASSETS

881,733

380,729

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

199,900

199,900

Retained earnings

681,733

180,729

881,733

380,729

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 Income Statement 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

Admire 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.

Turnover

The turnover of the company consists of fees receivable from local authorities and from private funded residents of the care home for the reporting period.

Tangible fixed assets

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

Plant & machinery and fixtures & fittings are depreciated over 4 years on the straight line method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 111 (2024 - 98 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

110,926

Additions

86,561

At 31st March 2025

197,487

DEPRECIATION

At 1st April 2024

35,995

Charge for year

41,430

At 31st March 2025

77,425

NET BOOK VALUE

At 31st March 2025

120,062

At 31st March 2024

74,931

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

630,897

364,552

Amounts owed by group undertakings

19,535

19,535

VAT

-

234

Prepayments and accrued income

16,662

66,860

667,094

451,181

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

137,648

111,459

Amounts owed to group undertakings

20,000

20,000

Tax

196,428

244,143

Social security and other taxes

52,510

39,786

Other creditors

7,478

10,839

Accrued expenses

156,194

116,646

570,258

542,873

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 31st March 2024.

9.	CAPITAL COMMITMENTS

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

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Adara Group Limited.

The ultimate controlling party is Mrs S K Hanspaul.