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

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

Eastcote Care Home Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Old House, 64 The Avenue, Egham, TW20 9AD.

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 financial statements of the company are consolidated in the financial statements of Eastcote Holdings Limited. The registered address of the immediate parent company is The Old House, 64 The Avenue, Egham, TW20 9AD. These consolidated financial statements are available from Companies House, Crown Way, Cardiff, CF14 3UZ.

Notwithstanding the loss for the year, the director is confident in the long term profitability of the company and has no reason to doubt the intention of funders and investors to continue to provide financial support to enable the company to meet its obligations as they fall due. Accordingly the financial statements have been prepared on a going concern basis.true

Rental income is recognised on an accruals basis exclusive of Value Added Tax. Rental income also takes into account rent free periods offered to tenants, the effects of which are spread over the term of the lease.

Freehold investment property, which represents a completed care home held for use in an operating lease, is included in the balance sheet at its market value and is not depreciated.

Cash and cash equivalents are basic financial assets and represent cash in hand and deposits held at call with banks.

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 debtors and cash and bank balances, are initially measured at transaction price. 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 unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

During the current and preceding accounting periods, the average monthly number of staff employed by the company was nil.

An independent valuation of the investment property was made as at 22 March 2023 by Cushman & Wakefield. It is the opinion of the director that the carrying value stated above continues to represent a fair reflection of the market value of the property at the balance sheet date.

The bank loan is repayable in full in April 2025, and interest is charged at 2.8% plus base. The director is confident that the bullet repayment due in January 2026 will be refinanced.

The bank loan is secured by way of a debenture incorporating a fixed and floating charge covering the property and undertaking of the group headed by Eastcote Holdings Limited.

Post year end, the loan has been refinanced and is still due within one year.

Other creditors due in greater than one year includes notional interest owed to group undertakings.

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Included within retained earnings is a non distributable amount of £2,430,146 (2024: £2,483,756) relating to the revaluation of investment property, stated net of the related deferred tax liability.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Certain entities in the group headed by Cinnamon Care Homes LP are party to unlimited cross guarantees in favour of Virgin Money, in respect of borrowings of various group companies. The entities party to this guarantee are as follows:

As at 31 March 2025, the net borrowings encompassed by the cross guarantee were £7,261,800 (2024: £7,261,800).

The company has taken advantage of the available exemption in Financial Reporting Standard 102 Section 33 "Related party disclosures" and has not disclosed transactions with group undertaking for entities within the group headed by Eastcote Holdings Limited.