Year Ended
Registration number:
Diagrama Healthcare Services Limited
Contents
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Company Information |
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Strategic Report |
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Director's Report |
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Statement of Director's Responsibilities |
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Independent Auditor's Report |
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Statement of Income and Retained Earnings |
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Balance Sheet |
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Notes to the Financial Statements |
Diagrama Healthcare Services Limited
Company Information
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Director |
Mr David Romero McGuire |
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Company secretary |
Ms Mary Collier |
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Registered office |
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Bankers |
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Auditors |
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Diagrama Healthcare Services Limited
Strategic Report for the Year Ended 31 March 2025
The director presents the strategic report for the year ended 31 March 2025.
Principal activity
The principal activity of the company is residential nursing care activities.
Fair review of the business
The profit for the year, after taxation, amounted to £1,309,065 (2024: £1,174,271). At the balance sheet date the company has net assets of £1,723,847 (2024: £1,608,755).
The company's key financial and other performance indicators during the year were as follows:
|
Financial KPIs |
Unit |
2025 |
2024 |
|
Occupancy percentage |
% |
97 |
97 |
|
Average number of users |
112 |
109 |
Occupancy percentage is defined as the average occupied beds divided by the average available beds for the year.
Occupancy rates in 2024/25 have remained high and stable in line with the previous financial year. This year we began providing services at Duckyls Cottage, thereby increasing the capacity by 4 residents of the organisation. Here we provide personal care and accommodation for people with learning disabilities and autism. We started with this service in June 2024 and with the incorporation of this centre, the total number of available beds of Diagrama Healthcare Services Limited has increased to 116.
Principal risks and uncertainties
The company and its strategy are subject to a number of risks and uncertainties. Management consider that the key risks and uncertainties arise as a result of underfunding of social care in the UK and policy changes such as increases in the National Living Wage, making it difficult to plan and mitigate for such policies effectively.
Approved and authorised by the
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Diagrama Healthcare Services Limited
Director's Report for the Year Ended 31 March 2025
The report and the financial statements for the year ended 31 March 2025.
Director of the company
The director who held office during the year was as follows:
Financial instruments
Objectives and policies
The company's principal financial instruments comprise bank balances, trade creditors, trade debtors and bank borrowings. The main objective of these instruments is to raise funds for the company's operations and to finance these operations.
Price risk, credit risk, liquidity risk and cash flow risk
The company's approach to managing other risks applicable to the financial instruments concerned are shown below.
Trade debtors are managed in respect of credit and cash flow risk by policies concerning the credit offered to customers and the regular monitoring of amounts outstanding for both time and credit limits.
Going concern
The company has debts with Santander of £3,389k. In addition the parent charity holds the assets that Diagrama Healthcare Services Limited operate from and at the year end the parent charity had net assets of £4,457k. The group is also cash generative with a cash balance of £1,973k at March 2025. Consequently, the accounts have been prepared on a going concern basis.
Disclosure of information to the auditors
The director has taken steps that ought to have taken as a director in order to make aware of any relevant audit information and to establish that the company's auditors are aware of that information. The director confirms that there is no relevant information that of and of which the auditors are unaware.
Approved and authorised by the
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Diagrama Healthcare Services Limited
Statement of Director's Responsibilities
The director acknowledges his responsibilities for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:
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select suitable accounting policies and apply them consistently; |
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make judgements and accounting estimates that are reasonable and prudent; |
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state whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and |
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
The director is 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 enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Diagrama Healthcare Services Limited
Independent Auditor's Report to the Members of Diagrama Healthcare Services Limited
Opinion
We have audited the financial statements of Diagrama Healthcare Services Limited (the 'company') for the year ended 31 March 2025, which comprise the Statement of Income and Retained Earnings, Balance Sheet, and Notes to the Financial Statements, 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).
In our opinion the financial statements:
• | give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended; |
• | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and |
• | have been prepared in accordance with the requirements of the Companies Act 2006. |
Basis for opinion
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 auditor responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’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.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the director's 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 company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.
Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.
Other information
The director is responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. 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.
In connection with our audit of the financial statements, 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 audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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.
Diagrama Healthcare Services Limited
Independent Auditor's Report to the Members of Diagrama Healthcare Services Limited
Opinion on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
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the information given in the Strategic Report and Director's Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and |
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the Strategic Report and Director's Report have been prepared in accordance with applicable legal requirements. |
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Director's Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
• | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or |
• | the financial statements are not in agreement with the accounting records and returns; or |
• | certain disclosures of director's remuneration specified by law are not made; or |
• | we have not received all the information and explanations we require for our audit. |
Responsibilities of the director
As explained more fully in the Statement of Director's Responsibilities set out on page 4, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or have no realistic alternative but to do so.
Auditor Responsibilities for the audit of the financial statements
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 auditor’s 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 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:
Diagrama Healthcare Services Limited
Independent Auditor's Report to the Members of Diagrama Healthcare Services Limited
As part of our audit planning we obtained an understanding of the legal and regulatory framework that is applicable to the entity and the industry/ sector in which it operates to identify the key laws and regulations affecting the entity.
The key laws and regulations we identified were the Care Homes Regulations Act 2001, the Care Standard Act 2000, Health and Social Care Act 2008 and the Care Quality Commission Regulations 2009. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements, primarily the Companies Act 2006, and relevant tax and pension laws.
We discussed with management, and those charged with governance, how compliance with these laws and regulations are monitored and discussed policies and procedures in place. We also identified and held discussion with the individuals who have responsibility for ensuring compliance with laws and regulations and deals with reporting any issues if they arise.
As part of our planning procedures, we assessed the risk of any non-compliance with laws and regulations on the entity’s ability to continue trading and the risk of material misstatement to the accounts. Based on this understanding we designed our audit procedures to identify non-compliance with such laws and regulations. Our procedures involved the following:
• Enquiries of management and those charged with governance regarding their knowledge of any non-compliance with laws and regulations that could affect the financial statements;
• Reviewed legal and professional costs to identify any possible non compliance or legal costs in respect of non compliance;
• Reviewed Board minutes;
• Examination of regulatory inspection reports.
As part of our enquiries we discussed with management whether there have been any known instances, allegations or suspicions of fraud, of which there were none.
We also evaluated the risk of fraud through management override including that arising from management’s incentives. The key risks we identified were misappropriation of cash, and recognition of revenue, and we determined that the principal risks were related to overstatement of profit, either through overstating revenue, understating expenditure or management bias of accounting estimates.
In response to the identified risk, as part of our audit work we:
• Used data analytics to test journal entries throughout the year, for appropriateness;
• Reviewed estimates and judgements made in the accounts for any indication of bias and challenged assumptions used by management in making the estimates.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements. The risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate omissions, collusion, forgery, misrepresentations, or the override of internal controls. We are also less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
Diagrama Healthcare Services Limited
Independent Auditor's Report to the Members of Diagrama Healthcare Services Limited
Use of our 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 auditor’s 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.
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Lowin House
Tregolls Road
Cornwall
TR1 2NA
Diagrama Healthcare Services Limited
Statement of Income and Retained Earnings
Year Ended 31 March 2025
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Note |
2025 |
2024 |
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Turnover |
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Cost of sales |
( |
( |
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Gross profit |
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Administrative expenses |
( |
( |
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Operating profit |
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Other interest receivable and similar income |
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Interest payable and similar charges |
( |
( |
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(308,772) |
(329,008) |
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Profit before tax |
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Profit for the financial year |
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Retained earnings brought forward |
1,608,655 |
1,405,631 |
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Charitable distribution to parent under gift aid |
( |
( |
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Retained earnings carried forward |
1,723,747 |
1,608,655 |
Diagrama Healthcare Services Limited
Balance Sheet
31 March 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Company Registration Number: 09262083
The accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved and authorised by the
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Diagrama Healthcare Services Limited
Notes to the Financial Statements
Year Ended 31 March 2025
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General information |
The company is a private company limited by share capital, incorporated in England and Wales, United Kingdom.
The address of its registered office is:
The principal place of business is:
Suite 20, Kent Space
6-8 Revenge Road
Lordswood
ME5 8UD
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Summary of disclosure exemptions
FRS102 allows a qualifying entity certain disclosure exemptions, which are subject to certain conditions being adhered to. The company has therefore taken advantage of the following exemptions:
(i) From preparing a statement of cash flows, on the basis that it is a qualifying entity and the consolidated financial statements of Diagrama Foundation - Psychosocial Intervention include the cash flows of this company;
(ii) From the financial instrument disclosures, required under FRS102 paragraphs 11.39 to 11.48A and paragraphs 12.26 to 12.29 as the information is provided in the consolidated financial statement disclosures;
(iii) From disclosing the company key management personnel compensation, as required by FRS102 paragraph 33.7. The company has also taken advantage of the exemption under FRS102 paragraph 33.1A from disclosing transactions between members of the group, where the group companies are 100% owned.
Going concern
The company has debts with Santander of £3,389k. In addition the parent charity holds the assets that Diagrama Healthcare Services Limited operate from and at the year end the parent charity had net assets of £4,457k. The group is also cash generative with a cash balance of £1,973k at 31 March 2025. Consequently, the accounts have been prepared on a going concern basis.
Diagrama Healthcare Services Limited
Notes to the Financial Statements
Year Ended 31 March 2025
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.
The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.
Tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the income statement. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Tangible assets
Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Furniture, fittings and equipment |
25% straight line |
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Motor vehicles |
25% straight line |
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Plant and machinery |
25% straight line |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Diagrama Healthcare Services Limited
Notes to the Financial Statements
Year Ended 31 March 2025
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Financial instruments
Classification
• Short term trade and other debtors and creditors;
• Bank loans; and
• Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Diagrama Healthcare Services Limited
Notes to the Financial Statements
Year Ended 31 March 2025
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Revenue |
The analysis of the company's Turnover for the year from continuing operations is as follows:
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2025 |
2024 |
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Rendering of services |
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Grants and subsidies |
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Other revenue |
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The analysis of the company's turnover for the year by class of business is as follows:
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2025 |
2024 |
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Healthcare operations |
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Operating profit |
Arrived at after charging/(crediting)
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2025 |
2024 |
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Depreciation expense |
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Operating lease expense - plant and machinery |
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Profit on disposal of property, plant and equipment |
( |
- |
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Government grants |
The amount of grants recognised in the financial statements was £
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Staff costs |
The aggregate payroll costs (including director's remuneration) were as follows:
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2025 |
2024 |
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Wages and salaries |
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Social security costs |
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Pension costs, defined contribution scheme |
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Other post-employment benefit costs |
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Redundancy costs |
- |
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Other employee expense |
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Diagrama Healthcare Services Limited
Notes to the Financial Statements
Year Ended 31 March 2025
The average number of persons employed by the company (including the director) during the year, analysed by category was as follows:
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2025 |
2024 |
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Duckyls |
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Cabrini |
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Edensor |
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Supported living |
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Community services |
|
- |
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Auditor's remuneration |
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2025 |
2024 |
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Audit of the financial statements |
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Other fees to auditors |
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All other non-audit services |
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Other interest receivable and similar income |
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2025 |
2024 |
|
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Interest income on bank deposits |
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Other finance income |
|
- |
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Interest payable and similar expenses |
|
2025 |
2024 |
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Interest on bank overdrafts and borrowings |
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Taxation |
Taxable profits generated by Diagrama Healthcare Services Limited have been donated to its parent company Diagrama Foundation-Psychosocial Intervention (a registered charity). Therefore no tax charge has arisen.
Diagrama Healthcare Services Limited
Notes to the Financial Statements
Year Ended 31 March 2025
|
Tangible assets |
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Furniture, fittings and equipment |
Motor vehicles |
Plant and machinery |
Total |
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Cost or valuation |
||||
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At 1 April 2024 |
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Additions |
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Disposals |
- |
( |
- |
( |
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At 31 March 2025 |
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Depreciation |
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At 1 April 2024 |
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Charge for the year |
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Eliminated on disposal |
- |
( |
- |
( |
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At 31 March 2025 |
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Carrying amount |
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At 31 March 2025 |
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At 31 March 2024 |
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The plant and machinery and furniture, fittings and equipment relate to improvements on the property held in the parent charity used by Diagrama Healthcare Services Limited for their trading activities.
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Debtors |
|
2025 |
2024 |
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Trade debtors |
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Amounts owed by related parties |
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Other debtors |
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Prepayments |
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Accrued income |
- |
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Diagrama Healthcare Services Limited
Notes to the Financial Statements
Year Ended 31 March 2025
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Cash and cash equivalents |
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2025 |
2024 |
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Cash on hand |
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Cash at bank |
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Short-term deposits |
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Creditors |
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Note |
2025 |
2024 |
|
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Due within one year |
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Loans and borrowings |
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Trade creditors |
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Social security and other taxes |
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Outstanding defined contribution pension costs |
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Other creditors |
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Accruals |
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Due after one year |
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Loans and borrowings |
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Creditors include amounts paid by local authorities in excess of residential fees of £76,681 (2024: £67,411).
Diagrama Healthcare Services Limited
Notes to the Financial Statements
Year Ended 31 March 2025
|
Loans and borrowings |
Non-current loans and borrowings
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2025 |
2024 |
|
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Bank borrowings |
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Current loans and borrowings
|
2025 |
2024 |
|
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Bank borrowings |
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The loan is secured by both a floating charge and a fixed charge held over the property owned by the parent charity together with a cross guarantee. There are also floating and fixed charged on all the assets held in Diagrama Healthcare Services Limited.
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Commitments |
Other financial commitments
The total amount of other financial commitments not provided in the financial statements was £
Diagrama Healthcare Services Limited
Notes to the Financial Statements
Year Ended 31 March 2025
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Obligations under leases and hire purchase contracts |
Operating leases
The total of future minimum lease payments is as follows:
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2025 |
2024 |
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Not later than one year |
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Later than one year and not later than five years |
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Later than five years |
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The amount of non-cancellable operating lease payments recognised as an expense during the year was £
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Share capital |
Allotted, called up and fully paid shares
|
2025 |
2024 |
|||
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No. |
£ |
No. |
£ |
|
|
|
|
100 |
|
100 |
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Parent and ultimate parent undertaking |
The company's immediate parent is
The most senior parent entity producing publicly available financial statements is