Esteem Care Dumfries and Galloway Limite - Accounts to registrar (filleted)

REGISTERED NUMBER: SC241281 (Scotland)

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

for

Esteem Care Dumfries and Galloway

Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D M B Jolly

Ms S M Roberts

Mr D Stapelberg

Mr J D Weight

REGISTERED OFFICE:

Heritage House Ladykirk Business Park

11 Skye Road

Prestwick

KA9 2TA

REGISTERED NUMBER:

SC241281 (Scotland)

SENIOR STATUTORY AUDITOR:

Timothy Cherry FCCA

AUDITOR:

DJH Audit Limited

Pacific Chambers

11-13 Victoria Street

Liverpool

L25QQ

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

-

39

-

39

CURRENT ASSETS

Debtors

6

738,408

158,498

Cash at bank

-

785,246

738,408

943,744

CREDITORS

Amounts falling due within one year

7

-

132,170

NET CURRENT ASSETS

738,408

811,574

TOTAL ASSETS LESS CURRENT
LIABILITIES

738,408

811,613

CREDITORS

Amounts falling due after more than one
year

8

-

47,536

NET ASSETS

738,408

764,077

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

738,308

763,977

738,408

764,077

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 Dumfries and Galloway 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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:

- Computer equipment: 30% straight line.

- Furniture and fittings: 30% straight line.

- Plant and machinery: 30% straight line.

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 95 (2024 - 101 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

3,000

Disposals

(3,000

)

At 31 December 2024

-

AMORTISATION

At 1 April 2024

3,000

Eliminated on disposal

(3,000

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 April 2024

20,442

26,700

390

47,532

Disposals

(20,442

)

(26,700

)

(390

)

(47,532

)

At 31 December 2024

-

DEPRECIATION

At 1 April 2024

20,442

26,700

351

47,493

Charge for period

-

39

Eliminated on disposal

(20,442

)

(26,700

)

(390

)

(47,532

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 March 2024

-

39

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.3.24

£

Trade debtors

-

9,056

Amounts owed by group undertakings

738,308

-

Other debtors

100

-

Prepayments and accrued income

-

149,442

738,408

158,498

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.3.24

£

Bank loans and overdrafts

-

38,000

Trade creditors

-

8,582

Amounts owed to group undertakings

-

19,720

Tax

-

1

Social security and other taxes

-

35,314

Other creditors

-

25,428

Accruals

-

5,125

-

132,170

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.3.24

£

Bank loans - 1-2 years

-

47,536

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.3.24

£

Bank loans

-

85,536

Floating charge covering all the property or undertaking of the company, persons entitled: Barclays Security Trustee Limited.

10.	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

11.	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

-

289,284

Amounts repaid

-

(289,284

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

-

12.	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 Balmoral Homecare 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.

13.	ULTIMATE CONTROLLING PARTY

Esteem Care Dumfries and Galloway 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.