ROSECARE CHESTERFIELD LIMITED - Filleted accounts

Registered number

09957319

ROSECARE CHESTERFIELD LIMITED

Filleted Accounts

31 March 2025

ROSECARE CHESTERFIELD LIMITED
Registered number:		09957319
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		1,811,416			1,854,537

Current assets
Debtors	5	59,051			39,907
Cash at bank and in hand		548,206			493,674
		607,257			533,581

Creditors: amounts falling due within one year	6	(786,490)			(725,336)

Net current liabilities			(179,233)			(191,755)

Total assets less current liabilities			1,632,183			1,662,782

Creditors: amounts falling due after more than one year	7		(31,553)			(182,084)



Net assets			1,600,630			1,480,698

Capital and reserves
Called up share capital			5,000			5,000
Profit and loss account			1,595,630			1,475,698

Shareholders' funds			1,600,630			1,480,698

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 CHESTERFIELD 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 basis


	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.


	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


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


	Borrowings
	Borrowings are recognised initially at fair value, net of transaction costs incurred. Subsequent to initial recognition, interest-bearing borrowings are measured at amortised cost using the effective interest method. Borrowing costs, including transaction costs, are amortised over the term of the borrowings and are recognised in profit or loss as part of finance costs. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement for at least 12 months after the reporting date.



2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					40		42





3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2024							1
	At 31 March 2025							1

	Amortisation
	At 1 April 2024							1
	At 31 March 2025							1

	Net book value
	At 31 March 2025							-

4	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 April 2024			2,156,439		1		2,156,440
	At 31 March 2025			2,156,439		1		2,156,440

	Depreciation
	At 1 April 2024			301,902		1		301,903
	Charge for the year			43,121		-		43,121
	At 31 March 2025			345,023		1		345,024

	Net book value
	At 31 March 2025			1,811,416		-		1,811,416
	At 31 March 2024			1,854,537		-		1,854,537


5	Debtors					2025		2024
£							£

	Trade debtors					18,346		5,984
	Other debtors					40,705		33,923
						59,051		39,907


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

	Bank loans and overdrafts					140,571		115,432
	Trade creditors					21,285		22,400
	Taxation and social security costs					155,367		127,064
	Other creditors					469,267		460,440
						786,490		725,336

	Creditors due within one year include bank loans and overdrafts of £ £140,571 (2024: £115,432), 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					31,553		182,084

	Creditors due within one year include bank loans and overdrafts of £31,553 (2024: £182,084), which are secured by fixed and floating charges over the company’s assets and by cross-guarantees from other companies under common ownership.


8	Share capital	2025		2025		2024		2024
No.			£		No.		£
	A ordinary of £1 each	1,999		1,999		1,999		1,999
	B ordinary of £1 each	1,999		1,999		1,999		1,999
	C ordinary of £1 each	500		500		500		500
	D ordinary of £1 each	500		500		500		500
	E ordinary of £1 each	2		2		2		2

		5,000		5,000		5,000		5,000


9	Related party transactions

	Directors' remuneration
	The Directors' remuneration for the year was as follows:
						2025		2024
£							£
	Remuneration					10,422		35,957
	Contributions paid to money purchase scheme					18,000		17,000

						28,422		52,957

	Summary of transactions with other related parties
	Rosecare Shirebrook Limited The directors are also directors and shareholders of Rosecare Shirebrook Limited. The loan to Rosecare Shirebrook Limited is interest free and repayable on demand. At the balance sheet date the amount due from Rosecare Shirebrook Limited was £23,138 (2024: £19,652) included within other debtors. Shareholder's loan At the balance sheet date, the balance on the loan from the four shareholders amounted to £369,054 (2024: £383,359). No interest has been charged as yet, and the loan is repayable on demand.



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