REGISTERED NUMBER: 03884737 (England and Wales)

PENDLEBURY CARE HOMES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C R Morse

REGISTERED OFFICE:

Regency Hall

The Carriage Drive

Hadfield

Glossop

SK13 1PJ

REGISTERED NUMBER:

03884737 (England and Wales)

ACCOUNTANTS:

Clarke Nicklin LLP

Chartered Accountants

Clarke Nicklin House

Brooks Drive

Cheadle Royal Business Park

Cheadle

Cheshire

SK8 3TD

FIXED ASSETS

Tangible assets

4

44,898

60,077

CURRENT ASSETS

Debtors

5

7,123,789

7,231,415

Cash at bank and in hand

23,836

5,118

7,147,625

7,236,533

CREDITORS

Amounts falling due within one year

6

4,582,567

5,392,514

NET CURRENT ASSETS

2,565,058

1,844,019

TOTAL ASSETS LESS CURRENT LIABILITIES

2,609,956

1,904,096

CREDITORS

Amounts falling due after more than one year

7

(3,333

)

(13,333

)

PROVISIONS FOR LIABILITIES

9

(8,710

)

(11,952

)

NET ASSETS

2,597,913

1,878,811

CAPITAL AND RESERVES

Called up share capital

10

1

1

Revaluation reserve

52,030

52,030

Retained earnings

2,545,882

1,826,780

SHAREHOLDERS' FUNDS

2,597,913

1,878,811

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 December 2025 and were signed by:

C R Morse - Director

1.	STATUTORY INFORMATION

Pendlebury 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.

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.

Turnover

Turnover represents gross sales of services and is recognised when the service has been provided.

Tangible fixed assets

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

Leasehold Improvements

-

20% on cost

Home equipment

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Office equipment

-

25% on cost and 20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 62 (2024 - 67 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

Home

and

Improvements

equipment

fittings

£

£

£

COST

At 1 April 2024

551,227

199,679

596,994

Additions

-

-

5,396

At 31 March 2025

551,227

199,679

602,390

DEPRECIATION

At 1 April 2024

550,271

189,578

555,708

Charge for year

744

4,322

12,019

At 31 March 2025

551,015

193,900

567,727

NET BOOK VALUE

At 31 March 2025

212

5,779

34,663

At 31 March 2024

956

10,101

41,286

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

12,750

28,590

1,389,240

Additions

-

-

5,396

At 31 March 2025

12,750

28,590

1,394,636

DEPRECIATION

At 1 April 2024

12,750

20,856

1,329,163

Charge for year

-

3,490

20,575

At 31 March 2025

12,750

24,346

1,349,738

NET BOOK VALUE

At 31 March 2025

-

4,244

44,898

At 31 March 2024

-

7,734

60,077

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

82,169

171,447

Other debtors

46,239

97,479

Amounts owed by parent undertakings

2,242,144

2,215,022

Amounts owed by related undertakings

4,730,855

4,722,832

Prepayments and accrued income

22,382

24,635

7,123,789

7,231,415

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,309

Trade creditors

124,062

81,987

Corporation tax

249,969

181,464

Social security and other taxes

13,249

32,674

Other creditors

183,531

261,374

Directors' current accounts

3,950,808

4,663,916

Accruals and deferred income

50,948

160,790

4,582,567

5,392,514

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

3,333

10,000

Bank loans - 2-5 years

-

3,333

3,333

13,333

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

13,333

23,333

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

8,710

11,952

Deferred

tax

£

Balance at 1 April 2024

11,952

Provided during year

(3,242

)

Balance at 31 March 2025

8,710

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

11.	RELATED PARTY DISCLOSURES

At 31 March 2025 £2,242,144 (2024: £2,215,022), was owed from Care Homes Investments Limited, the company's holding company.

At 31 March 2025 £4,108,346 (2024: £4,098,110) Regency Care Homes Limited respectively, all are related companies/Trusts.

At 31 March 2025 Pendlebury Care Homes Limited owed Pendlebury Management Unit Trust £39,758 (2024: £42,536 owed to PCH) and Pendlebury Court Unit Trust £33,710 (2024: £25,488 owed to PCH). Both companies are related companies.

At 31 March 2025 £662,436 (2024: £670,411) was owed by Dunroble Properties Limited.

12.	ULTIMATE CONTROLLING PARTY