REGISTERED NUMBER: 12032995 (England and Wales)

Unaudited Financial Statements For The Year Ended 31st March 2025

for

SCARSDALE GRANGE NURSING HOME LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs. T S J Mcdonagh

A G Mcdonagh

REGISTERED OFFICE:

Southville Water End Road

Potten End

Berkhamsted

HP4 2SG

REGISTERED NUMBER:

12032995 (England and Wales)

ACCOUNTANTS:

Dua & Co. Limited

1st Floor

5 Century Court

Tolpits Lane

Watford

Hertfordshire

WD18 9PX

FIXED ASSETS

Intangible assets

4

12,500

15,000

Tangible assets

5

26,286

32,522

38,786

47,522

CURRENT ASSETS

Stocks

3,200

3,200

Debtors

6

565,630

433,436

Cash at bank

2,924,788

2,846,173

3,493,618

3,282,809

CREDITORS

Amounts falling due within one year

7

858,741

1,074,783

NET CURRENT ASSETS

2,634,877

2,208,026

TOTAL ASSETS LESS CURRENT LIABILITIES

2,673,663

2,255,548

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,673,563

2,255,448

2,673,663

2,255,548

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th December 2025 and were signed on its behalf by:

A G Mcdonagh - Director

1.	STATUTORY INFORMATION

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Furnitute fittings & equipement - 10% and 20% reducing balance

Computer Equipement - 33.33% straight line

Motor Vehicles - 25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 79 (2024 - 85 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

25,000

AMORTISATION

At 1st April 2024

10,000

Charge for year

2,500

At 31st March 2025

12,500

NET BOOK VALUE

At 31st March 2025

12,500

At 31st March 2024

15,000

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2024

and 31st March 2025

49,380

14,898

6,395

70,673

DEPRECIATION

At 1st April 2024

23,782

10,184

4,185

38,151

Charge for year

3,823

1,179

1,234

6,236

At 31st March 2025

27,605

11,363

5,419

44,387

NET BOOK VALUE

At 31st March 2025

21,775

3,535

976

26,286

At 31st March 2024

25,598

4,714

2,210

32,522

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

12,002

11,845

Amounts owed by group undertakings

340,630

217,753

S455 Tax

48,841

47,349

Directors' current accounts

144,713

140,293

Prepayments

19,444

16,196

565,630

433,436

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

190,134

198,287

Amounts owed to group undertakings

318,183

299,810

Tax

184,915

508,657

Social security and other taxes

40,353

33,191

Other creditors

13,666

15,889

Pension payable

11,490

8,949

Accrued expenses

100,000

10,000

858,741

1,074,783

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

£

Mrs. T S J Mcdonagh and A G Mcdonagh

Balance outstanding at start of year

140,293

-

Amounts advanced

5,043

140,293

Amounts repaid

(624

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

144,712

140,293

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the company is owed £340,630, (2024 : £216,252) from Scarsdale Grange LLP.

At the balance sheet date the company owes £271,510 (2024 : £223,701) to Home Plus Construction Limited, a company with common directors.

At the balance sheet date the company owes £46,672 (2024 : £76,109 owed) to Mcdonaghs Solicitors Limited, a company with common directors..