REGISTERED NUMBER: 08557750 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Peace of Mind Healthcare Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Accountants' Report

10

DIRECTOR:

Mrs L Merrick-Wren

REGISTERED OFFICE:

Barley House

49 Buckland Road

Taunton

Somerset

TA2 8EW

REGISTERED NUMBER:

08557750 (England and Wales)

ACCOUNTANTS:

Stirk Lambert & Co

Chartered Accountants

Russell Chambers

61a North Street

Keighley

West Yorkshire

BD21 3DS

FIXED ASSETS

Tangible assets

5

757,261

467,883

CURRENT ASSETS

Debtors

6

594,052

109,606

Cash at bank and in hand

53,930

10,918

647,982

120,524

CREDITORS

Amounts falling due within one year

7

553,528

194,017

NET CURRENT ASSETS/(LIABILITIES)

94,454

(73,493

)

TOTAL ASSETS LESS CURRENT LIABILITIES

851,715

394,390

CREDITORS

Amounts falling due after more than one year

8

(384,688

)

(229,493

)

PROVISIONS FOR LIABILITIES

(61,306

)

(7,884

)

NET ASSETS

405,721

157,013

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

243,166

-

Retained earnings

162,455

156,913

SHAREHOLDERS' FUNDS

405,721

157,013

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 5 December 2025 and were signed by:

Mrs L Merrick-Wren - Director

1.	STATUTORY INFORMATION

Peace of Mind 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Tangible fixed assets

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

Freehold property

-

2% on cost

Improvements to property

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

Financial assets

Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss and any subsequent reversal is recognised in the profit and loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled. or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables and bank loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2024 - 37 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST OR VALUATION

At 1 July 2024

506,879

106,375

6,719

Additions

-

4,096

-

Revaluations

208,121

-

-

At 30 June 2025

715,000

110,471

6,719

DEPRECIATION

At 1 July 2024

91,238

75,352

5,562

Charge for year

14,300

11,202

289

Revaluation adjustments

(91,238

)

-

-

At 30 June 2025

14,300

86,554

5,851

NET BOOK VALUE

At 30 June 2025

700,700

23,917

868

At 30 June 2024

415,641

31,023

1,157

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST OR VALUATION

At 1 July 2024

49,694

9,513

679,180

Additions

17,322

-

21,418

Revaluations

-

-

208,121

At 30 June 2025

67,016

9,513

908,719

DEPRECIATION

At 1 July 2024

29,632

9,513

211,297

Charge for year

5,608

-

31,399

Revaluation adjustments

-

-

(91,238

)

At 30 June 2025

35,240

9,513

151,458

NET BOOK VALUE

At 30 June 2025

31,776

-

757,261

At 30 June 2024

20,062

-

467,883

Cost or valuation at 30 June 2025 is represented by:

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

Valuation in 2023

299,359

-

-

Cost

415,641

110,471

6,719

715,000

110,471

6,719

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Valuation in 2023

-

-

299,359

Cost

67,016

9,513

609,360

67,016

9,513

908,719

If the freehold property had not been revalued 2025 would have been included at the following historical cost:

30.6.25

30.6.24

£

£

Cost

506,879

-

Aggregate depreciation

91,238

-

Value of land in freehold land and buildings

415,641

-

Freehold property was valued on an open market basis on 14 March 2023 by Greenslade Taylor Hunt .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

9,487

105,515

Other debtors

527,506

-

Directors' current accounts

19,317

3,813

Tax

278

278

Prepayments and accrued income

37,464

-

594,052

109,606

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

29,305

39,306

Other loans

337,056

50,543

Tax

51,318

73,292

Social security and other taxes

126,712

19,987

Wages control

3,297

3,058

Other creditors

3,634

3,854

Directors' current accounts

-

1,877

Accrued expenses

2,206

2,100

553,528

194,017

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans - 1-2 years

31,653

28,181

Bank loans - 2-5 years

110,999

91,532

Bank loans more 5 yr by instal

33,630

73,358

Other loans - 1-2 years

35,909

36,422

Other loans - 2-5 years

172,497

-

384,688

229,493

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

33,630

73,358

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.25

30.6.24

£

£

Bank loans

205,587

220,162

Premier Croo Limited

220,000

-

Funding Circle Loan

238,856

-

664,443

220,162

Fixed and Floating charge covers all the property or undertaking of the company.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

30.6.25

30.6.24

£

£

Mrs L Merrick-Wren

Balance outstanding at start of year

3,813

823

Amounts advanced

46,304

3,000

Amounts repaid

(30,800

)

(10

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

19,317

3,813

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Peace of Mind Healthcare Ltd for the year ended 30 June 2025 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Peace of Mind Healthcare Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Peace of Mind Healthcare Ltd and state those matters that we have agreed to state to the director of Peace of Mind Healthcare Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Peace of Mind Healthcare Ltd and its director for our work or for this report.

It is your duty to ensure that Peace of Mind Healthcare Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Peace of Mind Healthcare Ltd. You consider that Peace of Mind Healthcare Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Peace of Mind Healthcare Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Stirk Lambert & Co

Chartered Accountants

Russell Chambers

61a North Street

Keighley

West Yorkshire

BD21 3DS

5 December 2025