REGISTERED NUMBER: 04743106 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

EASTLEIGH CARE HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr M P Madden

REGISTERED OFFICE:

Granville Hall

Granville Road

Leicester

Leicestershire

LE1 7RU

REGISTERED NUMBER:

04743106 (England and Wales)

SENIOR STATUTORY AUDITOR:

Mr P Bott FCA

AUDITORS:

Mark J Rees LLP Chartered Accountants

and Statutory Auditors

Granville Hall

Granville Road

Leicester

LE1 7RU

FIXED ASSETS

Tangible assets

4

64,490

166,042

CURRENT ASSETS

Debtors

5

1,581,941

1,474,623

Cash at bank

118,194

271,380

1,700,135

1,746,003

CREDITORS

Amounts falling due within one year

6

1,774,005

1,874,782

NET CURRENT LIABILITIES

(73,870

)

(128,779

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,380

)

37,263

PROVISIONS FOR LIABILITIES

8

2,735

12,726

NET (LIABILITIES)/ASSETS

(12,115

)

24,537

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

(12,116

)

24,536

SHAREHOLDERS' FUNDS

(12,115

)

24,537

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 1 October 2025 and were signed by:

Mr M P Madden - Director

1.	STATUTORY INFORMATION

Eastleigh Care Homes Limited 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.

Going Concern

The financial statements have been prepared on a going concern basis. As at 31 March 2025 the liabilities exceed the assets by £12,115. Continuation to trade depends upon the support of the group. The directors have considered a 12 month period post approval and have indicated that group support will be available.

Should the company be unable to continue to trade, adjustments would have to be made to reduce the assets to their recoverable amount, to provide for any further liabilities which may arise and to reclassify fixed assets as current.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

There were no areas in which the preparation of the financial statements required management to make

significant judgements or estimates.

Turnover

Revenue represents management charges between group companies in the current year which was included in turnover within the financial year.

Revenue is recognised in the accounting period to which the charges are applicable.

Tangible fixed assets

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

Fixtures and fittings

-

15% on cost

Motor vehicles

-

20% on reducing balance

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.

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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

61,680

175,179

236,859

Disposals

(18,364

)

(44,957

)

(63,321

)

At 31 March 2025

43,316

130,222

173,538

DEPRECIATION

At 1 April 2024

18,209

52,608

70,817

Charge for year

5,219

35,946

41,165

Eliminated on disposal

(380

)

(2,554

)

(2,934

)

At 31 March 2025

23,048

86,000

109,048

NET BOOK VALUE

At 31 March 2025

20,268

44,222

64,490

At 31 March 2024

43,471

122,571

166,042

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

19,252

Amounts owed by group undertakings

1,576,205

1,349,515

Other debtors

5,736

105,856

1,581,941

1,474,623

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

95,272

Amounts owed to group undertakings

1,768,605

1,730,702

Taxation and social security

-

3,273

Other creditors

5,400

45,535

1,774,005

1,874,782

7.	SECURED DEBTS

An unlimited cross company guarantee is held between all companies within the group.

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

2,735

12,726

Deferred

tax

£

Balance at 1 April 2024

12,726

Provided during year

(9,991

)

Balance at 31 March 2025

2,735

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr P Bott FCA (Senior Statutory Auditor)

for and on behalf of Mark J Rees LLP Chartered Accountants

11.	RELATED PARTY DISCLOSURES

At the year end an amount of £Nil (2024 : £77,568) was owed to the company from companies that the director has an interest in.

12.	ULTIMATE CONTROLLING PARTY

The parent company is Welford Bidco 4 Limited which represents the smallest group which the company belongs.

The ultimate controlling parent company at the balance sheet date is Welford Topco Limited, a private limited company incorporated and registered in England and Wales. The registered office of Welford Topco Limited is Granville Hall, Granville Road, Leicester, LE1 7RU. Copies of the consolidated financial statements are available from Companies House, Crown Way, Cardiff, CF14 3UZ. Welford Topco Limited represents the largest group where consolidated financial statements are drawn up.