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Registered number:
FOR THE YEAR ENDED 31 MARCH 2025
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SAHARA CARE LIMITED
COMPANY INFORMATION
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SAHARA CARE LIMITED
CONTENTS
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SAHARA CARE LIMITED
GROUP STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The board of directors are responsible for the Company’s approach to assessing risk and the senior leadership
team is responsible for managing risk and maintaining appropriate controls on a day-to-day basis.
For the year ended 31 March 2025, total revenue increased by 9.4% whilst direct costs increase by 7.4%, resulting in an increase in gross profits of 13.9%.
Our service users continue to be at the centre of the organisation’s strategic objectives. Our aim remains to provide a pathway to positive outcomes for each and every one of them, where they can take control of their life and the decisions that shape it. Despite the continuation of cost challenges that we and the sector as a whole face, we have been able to manage cost increases by balancing these against inflationary fee increases and eliminating the usage of agency workers. Our occupancy increased 8% from the previous year, and this continues to be our focus.
The results of the group for the year, as set out on page 9, disclose a profit before taxation of £796,867 (2024 £761,462). The shareholders’ funds of the group total £8,591,580 (2024 - £8,144,359).
At the date of reporting the group were operating 4 registered care homes with a total of 63 registered beds. At the date of reporting the group had a bank loan of £128,875 (2024 - £366,850). The group has no other external borrowings and the bank loan was fully settled after the year end.
The management and staff of the company are primarily focused on the needs and dignity of the people we support. Standards of care are constantly assessed by a comprehensive internal audit process. Our Service managers are responsible for achieving full compliance within the Care Quality Commission’s Key Lines of Enquiry (KLOEs). The Nominated Individual managing our homes is Alan Betts who has many years’ experience, managing care homes and the board are confident his skills and experience will prove invaluable in taking Sahara successfully into the future.
The company has been well placed to weather the financial storms that have engulfed the care sector, although the recent changes imposed upon the sector by the Government in its October 2024 Budget had not been anticipated by the Company nor the care sector. Financial difficulties are normally caused by failure to meet bank interest, capital repayments, and/or increasing rents. Fortunately, the company has a low level of bank debt and owns the freeholds of its homes and constantly monitors its cashflow position. Local Authority support has been important and so too has the support received from our local CCGs, NHS, relatives, and service users, and we thank them all. The company strives to be the employer of choice, providing high quality training to employees and implementing appraisal systems, encouraging feedback and development opportunities. We expect and require all staff to conduct themselves in accordance with the highest ethical standards. Employees and all applicants for employment are regarded equally and are given equal opportunities irrespective of their race, colour, nationality, religion, sex, sexual orientation, marital status, age, disability, or ethnic origin. The company provides life cover for employees amounting to three times their annual gross salary.
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SAHARA CARE LIMITED
GROUP STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The group produces a monthly accounting pack together with detailed management reports, these reports include several key performance indicators (KPIs) which are a fundamental part of this process.
The reports focus on the actual performance of the business compared with the budget set for the current financial period, and results from prior financial years. The KPIs that form part of the review process include payroll costs to turnover, actual support hours given to commissioned hours, operating profit and EBITDA. The Directors work closely with the Senior Management Team (SMT) to diligently monitor both financial and non-financial KPIs, together with any potential risks to the business. This is in part undertaken through in-depth monthly SMT and board meetings. Each home also undertakes several weekly and monthly meetings, with their staff, to ensure all areas of the business and our service are carefully monitored and managed. Non-financial KPIs include occupancy as a percentage of available beds, training statistics, internal quality of care audits and health and safety scores. Occupancy as a percentage of available beds for the year ended 31st March 2025 increased, illustrating the demand for the type of high-quality care that we provide.
From an operational viewpoint the KPIs have helped identify where fees are being suppressed by local authorities against a backdrop of ever-increasing compliance costs. We continue to work closely with the relevant local authorities to maintain and improve the high standard of care that we strive to provide, and this close working relationship enables us to address any issues and fee discrepancies that may arise.
This report was approved by the board on 25 November 2025 and signed on its behalf.
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SAHARA CARE LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The directors present their report and the financial statements for the year ended 31 March 2025.
The directors are responsible for preparing the Group strategic report, the Directors' report and the consolidated financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Group's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and the Group and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The profit for the year, after taxation, amounted to £597,221 (2024 - £611,399).
Dividends of £Nil (2024: £2,000) were paid on Ordinary shares and £150,000 (2024: £150,000) on
preference shares. The directors have highlighted in the strategic report on pages 1-2, a review of the current year results, future outlook expectations, risks and key performance indicators for the group.
The directors who served during the year were:
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SAHARA CARE LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
There are no likely significant future developments in the business which require disclosure.
There have been no significant events affecting the Group since the year end.
The auditors, Sumer Auditco Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board on
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SAHARA CARE LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF SAHARA CARE LIMITED
We have audited the financial statements of Sahara Care Limited (the 'parent Company') and its subsidiaries (the 'Group') for the year ended 31 March 2025, which comprise the Consolidated statement of comprehensive income, the Consolidated balance sheet, the Company balance sheet, the Consolidated statement of cash flows, the Consolidated statement of changes in equity, the Company statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
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SAHARA CARE LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF SAHARA CARE LIMITED (CONTINUED)
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Group strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Group strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Group and the parent Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group strategic report or the Directors' report.
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SAHARA CARE LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF SAHARA CARE LIMITED (CONTINUED)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Group financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
In order to identify and assess the risks of material misstatements, including fraud and non-compliance with laws and regulations that could be expected to have a material impact on the financial statements, we have considered: • the results of our enquiries of management and those charged with governance of their assessment of the risks of fraud and irregularities; • the nature of the company, including its management structure and control systems (including the opportunity for management to override such controls);and • the industry and environment in which it operates. We also considered UK tax and pension legislation and laws and regulations relating to employment and the preparation and presentation of the financial statements such as the Companies Act 2006. Based on this understanding we identified the following matters as being of significance to the entity: • laws and regulations considered to have a direct effect on the financial statements including UK financial reporting standards, Company Law, tax and pension legislation; • the timing of the recognition of commercial income; • compliance with legislation relating to health and safety and environmental legislation; • management bias in selecting accounting policies and determining estimates; • inappropriate journal entries; and • recoverability of debtors. We communicated the outcomes of these discussions and enquiries, as well as consideration as to where and how fraud may occur in the entity, to all engagement team members. Audit procedures undertaken in response to the potential risks relating to irregularities (which include fraud and non-compliance with laws and regulations) comprised: • enquiries of management and those charged with governance as to whether the entity complies with such laws and regulations; and discussion with the same regarding any known or suspected instances of non- compliance or fraud; • enquiries with the same concerning any actual or potential litigation or claims; • review documentation relating to compliance with the regulations, including review of CQC reports; • inspection of relevant legal correspondence; • assessment of matters reported to management and the result of the subsequent investigation; • obtaining an understanding of the relevant controls during the period; • obtaining an understanding of the policies and controls over the recognition of income and testing their implementation during the year; • challenging assumptions made by management in their specific accounting policies and estimates; • identifying and testing journal entries, in particular any journal entries posted with unusual account
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SAHARA CARE LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF SAHARA CARE LIMITED (CONTINUED)
combinations or crediting revenue or cash;
• assessing the recovery of debtors in the period since the balance sheet date and challenging assumptions made by management regarding the recovery of balances which remain outstanding; • reviewing the financial statements for compliance with the relevant disclosure requirements; • performing analytical procedures to identify any unusual or unexpected relationships or unexpected movements in account balances which may be indicative of fraud; and • reviewing the minutes of Board meetings and correspondence with HMRC. No instances of material non-compliance were identified. However, the likelihood of detecting irregularities, including fraud, is limited by the inherent difficulty in detecting irregularities, the effectiveness of the entity’s controls, and the nature, timing and extent of the audit procedures performed. Irregularities that result from fraud might be inherently more difficult to detect than irregularities that result from error. As explained above, there is an unavoidable risk that material misstatements may not be detected, even though the audit has been planned and performed in accordance with ISAs (UK).
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Statutory Auditors
14th Floor
33 Cavendish Square
W1G 0PW
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SAHARA CARE LIMITED
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2025
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SAHARA CARE LIMITED
REGISTERED NUMBER: 03934865
CONSOLIDATED BALANCE SHEET
AS AT 31 MARCH 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf on
The notes on pages 17 to 34 form part of these financial statements.
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SAHARA CARE LIMITED
REGISTERED NUMBER: 03934865
COMPANY BALANCE SHEET
AS AT 31 MARCH 2025
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SAHARA CARE LIMITED
REGISTERED NUMBER: 03934865
COMPANY BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf on
The notes on pages 17 to 34 form part of these financial statements.
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