ROSECARE SHIREBROOK LIMITED - Filleted accounts

Registered number

09612181

ROSECARE SHIREBROOK LIMITED

Filleted Accounts

31 March 2025

ROSECARE SHIREBROOK LIMITED
Registered number:		09612181
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		639,616			655,216

Current assets
Debtors	5	36,237			33,489
Cash at bank and in hand		780,384			703,864
		816,621			737,353

Creditors: amounts falling due within one year	6	(224,332)			(234,109)

Net current assets			592,289			503,244

Total assets less current liabilities			1,231,905			1,158,460

Creditors: amounts falling due after more than one year	7		(818,784)			(862,245)



Net assets			413,121			296,215

Capital and reserves
Called up share capital			5,000			5,000
Profit and loss account			408,121			291,215

Shareholders' funds			413,121			296,215

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Didarali S Ladhani
Director
Approved by the board on 24 December 2025

ROSECARE SHIREBROOK LIMITED
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies


	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.


	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	2% on a straight line basis
	Fixtures, fittings, tools and equipment	25% on a straight line bas


	Goodwill
	Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed five years if a reliable estimate of the useful life cannot be made.



	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Borrowings
	Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			37		41


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2024					1,293,949
	At 31 March 2025					1,293,949

	Amortisation
	At 1 April 2024					1,293,949
	At 31 March 2025					1,293,949

	Net book value
	At 31 March 2025					-


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2024	780,016		80,347		860,363
	At 31 March 2025	780,016		80,347		860,363

	Depreciation
	At 1 April 2024	124,800		80,347		205,147
	Charge for the year	15,600		-		15,600
	At 31 March 2025	140,400		80,347		220,747

	Net book value
	At 31 March 2025	639,616		-		639,616
	At 31 March 2024	655,216		-		655,216

	Included within the net book value of land and buildings above is £639,616 (2024 - £655,216) in respect of freehold land and buildings.

5	Debtors			2025		2024
£					£

	Trade debtors			9,627		9,908
	Deferred tax asset			5,991		4,675
	Other debtors			20,619		18,906
				36,237		33,489


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			41,708		36,412
	Trade creditors			19,640		27,352
	Taxation and social security costs			66,607		72,355
	Other creditors			96,377		97,990
				224,332		234,109

	Creditors due within one year include bank loans and overdrafts of £41,708 (2024: £36,412) which are secured by fixed and floating charges over the company’s assets and by cross-guarantees from other companies under common ownership.




7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			818,784		862,245

	Creditors due within one year include bank loans and overdrafts of £818,784 (2024: £862,245). which are secured by fixed and floating charges over the company’s assets and by cross-guarantees from other companies under common ownership.

8	Loans			2025		2024
£					£
	Creditors include:

	Secured bank loans			651,950		716,599

	Creditors include bank loans repayable by instalments of £651,950 (2024: £716,599) due after more than five years.

9	Related party transactions

	Rosecare Chesterfield Limited The directors are also directors and shareholders of Rosecare Chesterfield Limited. The loan from Rosecare Chesterfield Limited was interest free and repayable on demand. At the balance sheet date the amount due to Rosecare Chesterfield Limited was £23,138 (2024: £19,652) included within other creditors.


10	Controlling party

	The company is controlled by its directors, who hold a majority of the voting shares in the company. The directors are able to exercise significant influence over the company’s financial and operating policies through their shareholdings, in accordance with the company’s articles of association. As such, the company is considered to be under the control of its directors.


11	Other information

	ROSECARE SHIREBROOK LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	187 Victoria Road
	Ruislip
	Middlesex
	HA4 9BW