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Registration number: 15269020

Prepared for the registrar
Alfriston Care Ltd
Annual Report and Unaudited Financial Statements
for the Period from 1 January 2024 to 30 April 2025

Alfriston Care Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Alfriston Care Ltd

Company Information

Directors | D-J Andrews W J Andrews

Registered office | Windsor House Bayshill Road Cheltenham GL50 3AT

Accountants | Hazlewoods LLP Windsor House Bayshill Road Cheltenham GL50 3AT

Alfriston Care Ltd

(Registration number: 15269020)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2023 £
Fixed assets |  |  |
Intangible assets | 4 | 628,332 | -
Tangible assets | 5 | 2,334,516 | -
|  | 2,962,848 | -
Current assets |  |  |
Debtors | 6 | 123,885 | 1,000
Cash at bank and in hand |  | 131,948 | -
|  | 255,833 | 1,000
Creditors: Amounts falling due within one year | 7 | (305,961) | -
Net current (liabilities)/assets |  | (50,128) | 1,000
Total assets less current liabilities |  | 2,912,720 | 1,000
Creditors: Amounts falling due after more than one year | 7 | (3,192,901) | -
Net (liabilities)/assets |  | (280,181) | 1,000
Capital and reserves |  |  |
Called up share capital |  | 1,000 | 1,000
Retained earnings |  | (281,181) | -
Shareholders' (deficit)/funds |  | (280,181) | 1,000

For the financial period ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 January 2026 and signed on its behalf by:

W J Andrews
Director

Alfriston Care Ltd

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

| 1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Windsor House
Bayshill Road
Cheltenham
GL50 3AT

| 2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Judgements and estimation uncertainties

No significant judgements or key estimation uncertainties have been made by management in preparing these financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company. The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company’s activities.

Alfriston Care Ltd

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

Intangible assets

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.
Negative goodwill arising on an acquisition is recognised on the face of the balance sheet on the acquisition date and subsequently the excess up to the fair value of non-monetary assets acquired is recognised in profit or loss in the periods in which the non-monetary assets are recovered.

Goodwill

Goodwill is amortised over its useful life, which shall not exceed five years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 10% on straight line basis

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Land | Not depreciated
Buildings | 2% on straight line basis
Property improvements | 10% on straight line basis
Furniture, fittings and equipment | 25% on reducing balance basis
Motor vehicles | 25% on reducing balance basis

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. All trade debtors are repayable within one year and hence are included at the undiscounted cost of cash expected to be received. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the debtors.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and all are repayable within one year and hence are included at the undiscounted amount of cash expected to be paid.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Alfriston Care Ltd

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Impairment
Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss as described below.
A non financial asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.
The recoverable amount of goodwill is derived from measurement of the present value of the future cash flows of the cash-generating units ('CGUs') of which the goodwill is a part. Any impairment loss in respect of a CGU is allocated first to the goodwill attached to that CGU, and then to other assets within that CGU on a pro-rata basis.
Where indicators exist for a decrease in impairment loss, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised. Where a reversal of impairment occurs in respect of a CGU, the reversal is applied first to the assets (other than goodwill) of the CGU on a pro-rata basis and then to any goodwill allocated to that CGU.
For financial assets carried at amortised cost, the amount of an impairment is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the financial asset’s original effective interest rate.
For financial assets carried at cost less impairment, the impairment loss is the difference between the asset’s carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.
Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.

Alfriston Care Ltd

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

| 3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was as follows:

| 1 January 2024 to 30 April 2025 No. | 8 November 2023 to 31 December 2023 No.
Average number of employees | 50 | 4

| 4 | Intangible assets

| Goodwill £
Cost
Additions acquired separately | 724,999
At 30 April 2025 | 724,999
Amortisation
Amortisation charge | 96,667
At 30 April 2025 | 96,667
Carrying amount
At 30 April 2025 | 628,332

| 5 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost
Additions | 2,201,786 | 229,124 | 5,990 | 2,436,900
At 30 April 2025 | 2,201,786 | 229,124 | 5,990 | 2,436,900
Depreciation
Charge for the period | 51,911 | 48,476 | 1,997 | 102,384
At 30 April 2025 | 51,911 | 48,476 | 1,997 | 102,384
Carrying amount
At 30 April 2025 | 2,149,875 | 180,648 | 3,993 | 2,334,516

Included within the net book value of land and buildings above is £2,149,875 (2023 - £Nil) in respect of freehold land and buildings.

| 6 | Debtors

| 2025 £ | 2023 £
Trade debtors | 75,349 | -
Amounts owed by group undertakings | - | 1,000
Prepayments | 48,536 | -
| 123,885 | 1,000

Alfriston Care Ltd

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

| 7 | Creditors

| 2025 £ | 2023 £
Due within one year |  |
Trade creditors | 32,359 | -
Amounts owed to group undertakings | 110,903 | -
Taxation and social security | 30,499 | -
Accruals and deferred income | 36,332 | -
Other creditors | 95,868 | -
| 305,961 | -

Non-current loans and borrowings

| 2025 £ | 2023 £
Amounts owed to group undertakings | 3,192,901 | -
| 3,192,901 | -

| 8 | Parent and ultimate parent undertaking

The company's immediate parent is Country Living Care Group Ltd, incorporated in England and Wales.