Palm Court Care (Holdings) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14470039

Palm Court Care (Holdings) Limited

Filleted Unaudited Financial Statements

31 March 2025

Palm Court Care (Holdings) Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Palm Court Care (Holdings) Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Investments	5	1,100	1,100

Current assets

Debtors	6	16,160	16,160

Creditors: amounts falling due within one year	7	10,688	10,688
		--------	--------
Net current assets		5,472	5,472
		-------	-------
Total assets less current liabilities		6,572	6,572
		-------	-------
Net assets		6,572	6,572
		-------	-------

Capital and reserves

Called up share capital	100	100
Profit and loss account	6,472	6,472
	-------	-------
Shareholders funds	6,572	6,572
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 24 December 2025 , and are signed on behalf of the board by:

Mr M Mansukhani
Director

Company registration number: 14470039

Palm Court Care (Holdings) Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2024 and 31 March 2025	1,100
	-------
Impairment
At 1 April 2024 and 31 March 2025	–
	-------

Carrying amount
At 31 March 2025	1,100
	-------
At 31 March 2024	1,100
	-------

At the balance sheet date, the company's investments consisted of the ownership of 100% of the ordinary share capital of Palm Court Care (Dawlish) Limited and Sidmouth Care Home Ltd.

6. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	16,160	16,160
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	2,604	2,604
Other creditors	8,084	8,084
	--------	--------
	10,688	10,688
	--------	--------

Security is given on the bank loan by way of fixed and floating charges over the property and other assets.

8. Related party transactions

At the balance sheet date the company owed the director £5,454 (2024: £5,454). At the year end the company had amounts of £16,160 and £2,604 owed from / to group companies. (2024: £16,160 / £2,604).