REGISTERED NUMBER: 04243986 (England and Wales)

Audited Financial Statements for the Period 1 April 2024 to 31 December 2024

for

Esteem Care Cumbria Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

D M B Jolly

Ms S M Roberts

D Stapelberg

J D Weight

REGISTERED OFFICE:

Unit 9-10 Pendeford Business Park

Wolverhampton

West Midlands

WV9 5HD

REGISTERED NUMBER:

04243986 (England and Wales)

SENIOR STATUTORY AUDITOR:

Timothy Cherry FCCA

AUDITOR:

DJH Audit Limited

Pacific Chambers

11-13 Victoria Street

Liverpool

L25QQ

FIXED ASSETS

Tangible assets

4

-

11,987

CURRENT ASSETS

Stocks

5

-

5,630

Debtors

6

277,350

329,106

Cash at bank

-

284,409

277,350

619,145

CREDITORS

Amounts falling due within one year

7

-

145,001

NET CURRENT ASSETS

277,350

474,144

TOTAL ASSETS LESS CURRENT LIABILITIES

277,350

486,131

CREDITORS

Amounts falling due after more than one year

8

-

54,581

NET ASSETS

277,350

431,550

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

276,350

430,550

277,350

431,550

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 29 December 2025 and were signed on its behalf by:

Ms S M Roberts - Director

1.	STATUTORY INFORMATION

Esteem Care Cumbria 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 generated through the provision of social core activities for the elderly and disabled. Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible fixed assets are recognised at cost. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

- Plant & Machinery: 25% reducing balance.

- Office Equipment: 33% straight line.

- Computer Equipment; 33% straight line.

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 period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 75 (2024 - 83 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

15,859

29,271

18,503

92,178

155,811

Disposals

(15,859

)

(29,271

)

(18,503

)

(92,178

)

(155,811

)

At 31 December 2024

-

-

-

-

-

DEPRECIATION

At 1 April 2024

14,765

29,271

8,447

91,341

143,824

Charge for period

465

-

-

141

606

Eliminated on disposal

(15,230

)

(29,271

)

(8,447

)

(91,482

)

(144,430

)

At 31 December 2024

-

-

-

-

-

NET BOOK VALUE

At 31 December 2024

-

-

-

-

-

At 31 March 2024

1,094

-

10,056

837

11,987

5.

STOCKS

31.12.24

31.3.24

£

£

Stocks

-

5,630

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.3.24

£

£

Trade debtors

-

130,271

Amounts owed by group undertakings

276,350

160,027

Other debtors

1,000

2,973

Prepayments and accrued income

-

35,835

277,350

329,106

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.3.24

£

£

Bank loans and overdrafts

-

64,237

Trade creditors

-

8,429

Social security and other taxes

-

59,860

Other creditors

-

552

Accrued expenses

-

11,923

-

145,001

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.3.24

£

£

Bank loans - 1-2 years

-

54,581

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

The Report of the Auditor was unqualified.

Timothy Cherry FCCA (Senior Statutory Auditor)

for and on behalf of DJH Audit Limited

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2024 and the year ended 31 March 2024:

31.12.24

31.3.24

£

£

Dr S Sainudeen

Balance outstanding at start of period

-

7,858

Amounts repaid

-

(7,858

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

-

11.	POST BALANCE SHEET EVENTS

On the 31 July 2024, the group headed by Esteem Care Holdings Limited, which includes the company, was sold to Meridian Health & Social Care Limited.

Subsequent to this, on the 1 August 2024, the trading assets of the company were hived up into Meridian Health & Social Care Limited. The fair value of those assets hived up were deemed to be equal to cost. The intention of the directors is for the company to continue as dormant entity therefore the adoption of the going concern status is still deemed appropriate.

12.	ULTIMATE CONTROLLING PARTY

Esteem Care Cumbria Limited is a subsidiary of Esteem Care Holdings Limited, which became its immediate parent on 1 April 2023.

Meridian Health & Social Care Limited acquired Esteem Care Holdings Limited on 31 July 2024.

The ultimate parent undertaking is:

Obotritia capital KGaA

Marlene-Dietrich-Allee 12b

14482 Potsdam

The results of the company are also consolidated within the financial statements of the ultimate parent undertaking as the largest group. The company's results are consolidated into the ultimate parent consolidated accounts from the date of acquisition 31 July 2024.

The Directors do not consider there to be one ultimate controlling party of the group due to the shareholding structure.