Crescent Care Home Cornwall Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11181704

Crescent Care Home Cornwall Limited

Filleted Financial Statements

30 April 2025

Crescent Care Home Cornwall Limited

Financial Statements

Year ended 30 April 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Crescent Care Home Cornwall Limited

Statement of Financial Position

30 April 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	5	67,187	85,937
Tangible assets	6	903,199	885,764
		---------	---------
		970,386	971,701

Current assets

Stocks		500	500
Debtors	7	211,977	150,164
Cash at bank and in hand		315,623	246,264
		---------	---------
		528,100	396,928

Creditors: amounts falling due within one year	8	114,927	63,525
		---------	---------
Net current assets		413,173	333,403
		------------	------------
Total assets less current liabilities		1,383,559	1,305,104

Creditors: amounts falling due after more than one year	9	188,129	275,578

Provisions	61,202	56,570
	------------	------------
Net assets	1,134,228	972,956
	------------	------------

Capital and reserves

Called up share capital	100	100
Revaluation reserve	142,543	142,543
Profit and loss account	991,585	830,313
	------------	---------
Shareholders funds	1,134,228	972,956
	------------	---------

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 income and retained earnings has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

Crescent Care Home Cornwall Limited

Statement of Financial Position (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 8 January 2026 , and are signed on behalf of the board by:

J Westmore

Director

Company registration number: 11181704

Crescent Care Home Cornwall Limited

Notes to the Financial Statements

Year ended 30 April 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 Brimscombe Farm, Brimscombe Hill, Stroud, Gloucestershire, GL5 2QW.

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’, apart from one departure relating to depreciation of property, which the directors have concluded is necessary in order to give a true and fair view. See note 3 for further details.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably. When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10 Years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	25% straight line

The directors consider the carrying value of the freehold property to be equal to the the fair value at the balance sheet date and as such no depreciation has been provided on freehold property in the accounts. This is a departure from the provisions of the Companies Act 2006 and FRS 102 in order to give a true and fair view.

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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 11 (2024: 13 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 May 2024 and 30 April 2025	187,500
	---------
Amortisation
At 1 May 2024	101,563
Charge for the year	18,750
	---------
At 30 April 2025	120,313
	---------
Carrying amount
At 30 April 2025	67,187
	---------
At 30 April 2024	85,937
	---------

6. Tangible assets

	Freehold property	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 May 2024	845,797	47,203	30,765	923,765
Additions	–	25,097	18,680	43,777
Disposals	–	( 5,190)	( 30,765)	( 35,955)
	---------	--------	--------	---------
At 30 April 2025	845,797	67,110	18,680	931,587
	---------	--------	--------	---------
Depreciation
At 1 May 2024	–	19,990	18,011	38,001
Charge for the year	–	7,170	6,230	13,400
Disposals	–	( 3,053)	( 19,960)	( 23,013)
	---------	--------	--------	---------
At 30 April 2025	–	24,107	4,281	28,388
	---------	--------	--------	---------
Carrying amount
At 30 April 2025	845,797	43,003	14,399	903,199
	---------	--------	--------	---------
At 30 April 2024	845,797	27,213	12,754	885,764
	---------	--------	--------	---------

Tangible assets held at valuation

Included in tangible assets is a freehold property, which the company trades from. The directors consider the open market value of the property at 30th April 2025 to be the revaluation value at 30th April 2022 of £840,000 plus additions at cost since of £5,797.

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

	Freehold property
	£
At 30 April 2025
Aggregate cost	655,740
Aggregate depreciation	–
	---------
Carrying value	655,740
	---------

At 30 April 2024
Aggregate cost	655,740
Aggregate depreciation	–
	---------
Carrying value	655,740
	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	69,461	41,321
Amounts owed by group undertakings and undertakings in which the company has a participating interest	105,675	99,574
Other debtors	36,841	9,269
	---------	---------
	211,977	150,164
	---------	---------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	105,675	99,574
	---------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	4,706	876
Corporation tax	62,500	45,949
Other creditors	47,721	16,700
	---------	--------
	114,927	63,525
	---------	--------

The company has given security for some of the creditors that will fall due within one year.

Obligations under hire purchase contracts of £3,446 (2024- £5,951) are secured on the assets to which they relate.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	167,622	205,778
Other creditors	20,507	69,800
	---------	---------
	188,129	275,578
	---------	---------

The company has given security for some of the creditors that fall due after one year.

Obligations under hire purchase contracts of £13,710 (2024 - £12,875) are secured on the assets to which they relate.

10. Charges on assets

The company has a debenture in place by way of fixed and floating charges in favour of Santander UK Plc, with a separate charge over the company premises at 1 Island Crescent, Newquay, TR7 1DZ

11. Summary audit opinion

The auditor's report dated 12 January 2026 was unqualified .

The senior statutory auditor was Richard Jay , for and on behalf of Jay & Jay Partnership Limited .

12. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
C M Westmore	( 28,463)	25,064	( 3,399)
M Westmore	( 28,462)	25,064	( 3,398)
	--------	--------	-------
	( 56,925)	50,128	( 6,797)
	--------	--------	-------

	2024
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
C M Westmore	( 28,837)	374	( 28,463)
M Westmore	( 28,837)	375	( 28,462)
	--------	----	--------
	( 57,674)	749	( 56,925)
	--------	----	--------

These loans are interest free.

13. Controlling party

The results of the company are consolidated in the financial statements of its parent JAMMAC Care Group Limited (formerly known as JAMMAC Group Limited). The address of the registered office for JAMMAC Care Group Limited is Brimscombe Farm, Brimscombe Hill, Stroud, Gloucestershire GL5 2QW