REGISTERED NUMBER: 07998863 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BEYOND LIMITS (PLYMOUTH) LTD

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

359,374

31,324

CURRENT ASSETS

Debtors

5

1,666,220

1,655,821

Cash at bank and in hand

130,809

114,402

1,797,029

1,770,223

CREDITORS

Amounts falling due within one year

6

624,874

464,169

NET CURRENT ASSETS

1,172,155

1,306,054

TOTAL ASSETS LESS CURRENT LIABILITIES

1,531,529

1,337,378

PROVISIONS FOR LIABILITIES

4,237

5,867

NET ASSETS

1,527,292

1,331,511

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,527,290

1,331,509

1,527,292

1,331,511

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

P N Ledgard - Director

1.	STATUTORY INFORMATION

Beyond Limits (Plymouth) Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 07998863, and registered office address is York House, Unit 4 Stoke Damerel Business Centre, Church Street, Plymouth, Devon, PL3 4DT.

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.

The financial statements represent the results of the individual entity. The functional and presentation currency is £ sterling.

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.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Provisions

A provision is recognised in the balance sheet when the entity has a present legal or constructive obligation as a result of a past event, that can be reliably measured and it is probable that an outflow of economic benefits will be required to settle the obligation. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

Trade debtors recoverability

Amounts recoverable on trade debtors are initially measured at the transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled and any impairment losses. The directors make estimates as to the recoverability of these debts and provide for them accordingly.

Carrying value of property

The company's properties are revalued on a regular basis by independent valuers. In between those valuations the directors make estimates with regards the valuation of properties to ensure that the carrying value is not materially different to market value.

Other accounting judgements and key sources of estimation uncertainty

Depreciation

Depreciation is provided over the estimated useful life of the asset. The directors make estimates as to the length of those useful lives.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income is received quarterly in advance and deferred to the period it relates to.

Tangible fixed assets

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

Property

3% straight line

Fixtures and Fittings

25% straight line

Computer Equipment

25% to 50% straight line

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, to the extent that the increased carrying amount does not exceed the carrying amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.

Property, which consists of freehold and long leasehold buildings, is initially recognised at cost and subsequently carried at the revalued amount less accumulated impairment losses.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised 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 trade debtors, other debtors, amounts owed by group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. 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 trade creditors, other creditors, and amounts owed to group undertakings, that are classified as debt, 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 are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Going concern

The financial statements have been prepared on a going concern basis. Based on internal forecasts and projections considering severe and plausible downside scenarios, prepared for the period to future periods that take in to account the principal risks and uncertainties facing the business and reasonably possible changes in the company's trading performance, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the next 12 months. Accordingly, the going concern basis has continued to be adopted in the preparation of the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 159 (2024 - 154 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

Property

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

-

78,218

59,308

137,526

Additions

347,096

555

6,971

354,622

At 31 March 2025

347,096

78,773

66,279

492,148

DEPRECIATION

At 1 April 2024

-

55,462

50,740

106,202

Charge for year

11,558

5,827

9,187

26,572

At 31 March 2025

11,558

61,289

59,927

132,774

NET BOOK VALUE

At 31 March 2025

335,538

17,484

6,352

359,374

At 31 March 2024

-

22,756

8,568

31,324

Fixtures and fittings, motor vehicles and computer equipment are carried at cost at 31 March 2025.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

141,819

205,701

Amounts owed by group undertakings

1,398,080

1,418,389

Other debtors

126,321

31,731

1,666,220

1,655,821

Amounts owed by group undertakings are repayable on demand.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

31,520

15,185

Taxation and social security

92,879

85,024

Other creditors

500,475

363,960

624,874

464,169

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

118,000

118,000

Between one and five years

201,833

320,517

319,833

438,517

8.	SECURED DEBTS

The company along with its immediate parent, Tristone BL Holdings Limited, its fellow subsidiary companies, Roundhouse Care Holdings Limited, Tristone SSS Holdings Limited, Tristone PCM Holdings Limited, Premier Care Management Limited, Sportfit Support Services Limited, Next Steps Limited, South West Intervention Services Limited, South West Intervention Services Holdings Limited, Seaside Care Homes Limited, Tristone NS Holdings Limited, Tristone PW Holdings Limited, Tristone Healthcare Properties Limited, Procare Wales Limited and Bangor Centre for Developmental Disabilities Limited, entered into guarantees in the form of a fixed and floating charges to secure the borrowings of their parent company, Tristone Healthcare Limited. At 31 March 2025 the amount outstanding in respect of these guarantees was £19,649,000 (2024: £19,399,000). The beneficiary of the securities are Duke Capital Limited.

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

The Report of the Auditors was unqualified.

Frederick Norman (Senior Statutory Auditor)

for and on behalf of Harold Sharp Limited

10.	PENSION COMMITMENTS

During the year the company contributed to a defined contribution pension scheme. At 31 March 2025 outstanding contributions of £18,209 (2024: £16,524) are included within other creditors.

11.	RELATED PARTY DISCLOSURES

At 31 March 2025 the company was owed £911,500 (2024: £675,000) by Tristone Healthcare Limited, a parent company.

At March 2025 the company was owed £297,580 (2024: £554,389) by Tristone BL Holdings Limited, the immediate parent company.

At March 2025 the company was owed £189,000 (2024: £189,000) by Tristone Healthcare Properties, a company related to Philip Ledgard, a director of both companies.

Freehold property has been transferred to another company within the Tristone group, Tristone Healthcare Properties Limited. These were sold at market value. The Company has paid £78,000 in rent to Tristone Healthcare Properties Limited during the year.

12.	ULTIMATE CONTROLLING PARTY

The company's immediate parent company is Tristone BL Holdings Ltd and its ultimate parent company is Tristone Group Ltd, whose registered office is 5 Brooklands Place, Brooklands Road, Sale, Cheshire, M33 3SD. Consolidated financial statements can be obtained at Companies House, Crown Way, Cardiff, CF14 3UZ.