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Registration number: 06116140

Braemar RCH Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Braemar RCH Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

Braemar RCH Limited

Company Information

Directors | Mrs K Sampson Mr SR Beauchamp Mrs K Beauchamp

Registered office | Arnewood House Ringwood Road Woodlands Southampton SO40 7GX

Accountants | Ballards LLP Chartered Accountants Oakmoore Court 11c Kingswood Road Hampton Lovett Droitwich Worcestershire WR9 0QH

Braemar RCH Limited

(Registration number: 06116140)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 22,000 | 33,000
Tangible assets | 5 | 2,182,933 | 2,163,533
|  | 2,204,933 | 2,196,533
Current assets |  |  |
Stocks | 6 | 2,329 | 2,329
Debtors | 7 | 249,470 | 242,982
Cash at bank and in hand |  | 46,306 | 58,925
|  | 298,105 | 304,236
Creditors: Amounts falling due within one year | 8 | (1,486,290) | (1,563,491)
Net current liabilities |  | (1,188,185) | (1,259,255)
Total assets less current liabilities |  | 1,016,748 | 937,278
Creditors: Amounts falling due after more than one year | 8 | (36,698) | -
Provisions for liabilities |  | (22,997) | (9,641)
Net assets |  | 957,053 | 927,637
Capital and reserves |  |  |
Called up share capital | 9 | 200 | 200
Capital redemption reserve |  | 100,000 | 100,000
Retained earnings |  | 856,853 | 827,437
Shareholders' funds |  | 957,053 | 927,637

For the financial year ending 30 June 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 year 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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.

Braemar RCH Limited

(Registration number: 06116140)
Balance Sheet as at 30 June 2025

Approved and authorised by the Board on 11 February 2026 and signed on its behalf by:

......................................... Mr SR Beauchamp Director |  |

Braemar RCH Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

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

The address of its registered office is:
Arnewood House
Ringwood Road
Woodlands
Southampton
SO40 7GX
England

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 that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover represents income receivable from residents and local authorities in respect of care provided over the period of these acconts. The company is not registered for value added tax.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Braemar RCH Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Tangible assets

Tangible assets are stated in the balance sheet 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
Motor vehicles | 25% Straight line
Fixtures and fittings | 20% Straight line
Improvements to property | 10% Straight line

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over a its estimated useful life of twenty years.

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 | Evenly over 20 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. 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 receivables.

Stocks

Stocks of food and provisions are valued by the directors at the balance sheet date

Braemar RCH Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

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 subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Braemar RCH Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 36 (2024 - 36).

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 July 2024 | 220,000 | 220,000
At 30 June 2025 | 220,000 | 220,000
Amortisation
At 1 July 2024 | 187,000 | 187,000
Amortisation charge | 11,000 | 11,000
At 30 June 2025 | 198,000 | 198,000
Carrying amount
At 30 June 2025 | 22,000 | 22,000
At 30 June 2024 | 33,000 | 33,000

Braemar RCH Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

5 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 July 2024 | 2,338,946 | 229,853 | 3,000 | 2,571,799
Additions | - | 6,684 | 55,855 | 62,539
At 30 June 2025 | 2,338,946 | 236,537 | 58,855 | 2,634,338
Depreciation
At 1 July 2024 | 205,410 | 199,856 | 3,000 | 408,266
Charge for the year | 23,796 | 14,688 | 4,655 | 43,139
At 30 June 2025 | 229,206 | 214,544 | 7,655 | 451,405
Carrying amount
At 30 June 2025 | 2,109,740 | 21,993 | 51,200 | 2,182,933
At 30 June 2024 | 2,133,536 | 29,997 | - | 2,163,533

Included within the net book value of land and buildings above is £2,086,978 (2024 - £2,086,978) in respect of freehold land and buildings and £22,762 (2024 - £46,558) in respect of improvements to property.

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 2,329 | 2,329

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 138,815 | 131,772
Prepayments | 8,467 | 7,303
Other debtors | 102,188 | 103,907
| 249,470 | 242,982

Braemar RCH Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 10 | 6,071 | 26
Trade creditors |  | 7,947 | 8,901
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 1,230,351 | 120,657
Taxation and social security |  | 79,897 | 87,487
Accruals and deferred income |  | 154,597 | 173,349
Other creditors |  | 7,427 | 1,173,071
|  | 1,486,290 | 1,563,491

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 10 | 36,698 | -

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 200 | 200 | 200 | 200

10 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 36,698 | -

Current loans and borrowings

Braemar RCH Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

| 2025 £ | 2024 £
Bank overdrafts | 26 | 26
Hire purchase contracts | 6,045 | -
| 6,071 | 26

11 | Parent and ultimate parent undertaking

The Company was a wholly owned subsidiary of Braemar RCH Holdings Limited until it was sold to Keystone Care Group Limited on 12 September 2024.
The company's immediate parent is Keystone Care Group Limited, incorporated in England and Wales.