21st Century Care (Plymouth) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04909161 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

21ST CENTURY CARE (PLYMOUTH) LTD

BEACONVILLE NURSING HOME

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Tangible assets

4

1,397,143

1,348,555

Current assets

Stocks

3,000

Debtors

5

9,425

22,602

Cash at bank

25,536

59,860

37,961

85,462

Creditors

Amounts falling due within one year

6

1,093,608

1,021,944

Net current liabilities

(1,055,647

)

(936,482

)

Total assets less current liabilities

341,496

412,073

Provisions for liabilities

8

17,235

Net assets

324,261

394,838

Capital and reserves

Called up share capital

9

100

Revaluation reserve

10

451,446

Retained earnings

(127,285

)

(56,708

)

Shareholders' funds

324,261

394,838

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 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by:

Ms V Wilkins - Director

1.	Statutory information

21st Century Care (Plymouth) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 04909161. The registered office and business address is Pullman Court, Copper Street, Dorchester, DT1 1GA

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents amounts receivable for care services provided during the year.

Tangible fixed assets

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

Freehold property

-

not provided

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

25% on cost

Freehold property is stated at fair value with revaluations taking place with sufficient regularity to ensure a true and fair view.

Stocks

Stock and Work In Progress are valued at the lower of cost and net realisable value.

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 taxation

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.

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its parent comprise a small-sized group. The group has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 76 (2024 - 79 ) .

4.	Tangible fixed assets

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

Cost or valuation

At 1 April 2024

1,300,000

174,975

202,340

8,986

1,686,301

Additions

-

47,183

31,466

3,532

82,181

At 31 March 2025

1,300,000

222,158

233,806

12,518

1,768,482

Depreciation

At 1 April 2024

-

160,304

169,494

7,948

337,746

Charge for year

-

16,533

15,564

1,496

33,593

At 31 March 2025

-

176,837

185,058

9,444

371,339

Net book value

At 31 March 2025

1,300,000

45,321

48,748

3,074

1,397,143

At 31 March 2024

1,300,000

14,671

32,846

1,038

1,348,555

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

Valuation in 2010

728,277

-

728,277

Valuation in 2016

(425,410

)

-

(425,410

)

Valuation in 2018

100,000

-

100,000

Valuation in 2019

(24,187

)

-

(24,187

)

Valuation in 2021

100,000

-

100,000

Valuation in 2022

(4,299

)

-

(4,299

)

Valuation in 2023

(5,700

)

-

(5,700

)

Cost

831,319

222,158

233,806

12,518

1,299,801

1,300,000

222,158

233,806

12,518

1,768,482

The property was valued by the directors in the prior year, they confirm this valuation remains appropriate as at the 31st March 2025.

5.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

9,425

22,602

6.

Creditors: amounts falling due within one year

2025

2024

£

Trade creditors

75,783

24,502

Amounts owed to group undertakings

445,175

440,855

Amounts owed to associates

62,418

64,866

PAYE control

106,883

106,579

Wages and salaries control

110,576

119,027

Pension creditor

6,160

6,890

Other creditors

245,142

215,595

Accruals and deferred income

41,471

43,630

1,093,608

1,021,944

7.	Secured debts

Under a fixed, floating and general charge, by the nature of a cross guarantee, with Beaconville Healthcare Ltd all amounts owed to Barclays Security Trustees Limited by Beaconville Healthcare Limited, the holding company of 21st Century Care (Plymouth) Limited are secured over this company's assets, by way of debentures dated 28 June 2021 and 12 May 2021.

All amounts due to Richmondwood Ltd are secured under a fixed charge and negative pledge on the property at Beaconville Road, Ivybridge, Plymouth, PL21 0AQ dated 8 December 2023

8.	Provisions for liabilities

2025

2024

£

Deferred tax on property

revaluation

17,235

Deferred

tax

£

Balance at 1 April 2024

17,235

Credit to revaluation reserve

Balance at 31 March 2025

17,235

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

50

Ordinary A

£1

50

Ordinary B

£1

50

100

10.

Reserves

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

451,446

11.	Ultimate controlling party

The company is a wholly owned subsidiary of Beaconville Healthcare Ltd, and is controlled by it's director Ms Wilkins, by virtue of her majority shareholding in the parent company.