Elmhurst (Shropshire) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10743068 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2025

FOR

ELMHURST (SHROPSHIRE) LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs P M Turner

Mr M E Turner

Mr G R Wynn

Mrs J B Wynn

REGISTERED OFFICE:

Elmhurst Nursing Home

Armoury Lane

Prees

Whitchurch

Shropshire

SY13 2EN

REGISTERED NUMBER:

10743068 (England and Wales)

ACCOUNTANTS:

Stanton Ralph & Co Limited

Chartered Accountants

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

FIXED ASSETS

4,341,550

Tangible assets

4

4,552,466

CURRENT ASSETS

87,892

Debtors

45,394

461,443

Cash at bank and in hand

455,108

549,335

500,502

CREDITORS

290,684

Amounts falling due within one year

265,195

258,651

NET CURRENT ASSETS

235,307

4,600,201

TOTAL ASSETS LESS CURRENT LIABILITIES

4,787,773

CREDITORS

(4,298,229

)

Amounts falling due after more than one
year

(4,209,502

)

(189,922

)

PROVISIONS FOR LIABILITIES

(244,050

)

112,050

NET ASSETS

334,221

CAPITAL AND RESERVES

205

Called up share capital

6

205

111,845

Retained earnings

334,016

112,050

SHAREHOLDERS' FUNDS

334,221

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 17th December 2025 and were signed on its behalf by:

Mr M E Turner - Director

Mrs P M Turner - Director

1.	STATUTORY INFORMATION

Elmhurst (Shropshire) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

at varying rates on cost

Plant and machinery etc

-

25% on cost and 15% on cost

Assets are not depreciated until brought into use.

Taxation

Taxation for the year 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 120 (2024 - 97 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st November 2024

5,036,084

Additions

422,372

At 31st October 2025

5,458,456

DEPRECIATION

At 1st November 2024

694,534

Charge for year

211,456

At 31st October 2025

905,990

NET BOOK VALUE

At 31st October 2025

4,552,466

At 31st October 2024

4,341,550

5.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

Other loan

2,600,000

1,600,000

Certain of the other loans are secured by a debenture and floating charges over the assets of the company.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

200

Ordinary

£1

-

200

Ordinary A

£1

200

5

Ordinary B

£1

5

205

7.	OFF-BALANCE SHEET ARRANGEMENTS

The company has lease commitments of £9,578 (2022 £19,001)

8.	RELATED PARTY DISCLOSURES

Rectory Care Limited

The company was related to Rectory Care Ltd by virtue of that company owning a 50% shareholding until 3rd April 2025. At 31st October 2025 £nil (2024 £825,536) was owed to Rectory Care Ltd. Interest was charged at rates from 6% to 10% per annum.

Wynn Developments Limited

The company owes loans to Wynn Developments Ltd, a company controlled by GR & Mrs GB Wynn, directors, totalling £2.6m. Interest is charged at 6% per annum.