Silverfin false false 30/04/2025 01/05/2024 30/04/2025 Dr A Mohammed 17/04/2023 29 January 2026 The principal activity of the Company during the financial year was residential care home. 14808375 2025-04-30 14808375 bus:Director1 2025-04-30 14808375 2024-04-30 14808375 core:CurrentFinancialInstruments 2025-04-30 14808375 core:CurrentFinancialInstruments 2024-04-30 14808375 core:ShareCapital 2025-04-30 14808375 core:ShareCapital 2024-04-30 14808375 core:RetainedEarningsAccumulatedLosses 2025-04-30 14808375 core:RetainedEarningsAccumulatedLosses 2024-04-30 14808375 core:CostValuation 2024-04-30 14808375 core:CostValuation 2025-04-30 14808375 2024-05-01 2025-04-30 14808375 bus:FilletedAccounts 2024-05-01 2025-04-30 14808375 bus:SmallEntities 2024-05-01 2025-04-30 14808375 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 14808375 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 14808375 bus:Director1 2024-05-01 2025-04-30 14808375 2023-04-17 2024-04-30 iso4217:GBP xbrli:pure

Company No: 14808375 (England and Wales)

# GEM CARE HOMES LIMITED

### Unaudited Financial Statements
For the financial year ended 30 April 2025
Pages for filing with the registrar

GEM CARE HOMES LIMITED

## Unaudited Financial Statements

For the financial year ended 30 April 2025

Contents

GEM CARE HOMES LIMITED

## BALANCE SHEET

As at 30 April 2025
GEM CARE HOMES LIMITED

## BALANCE SHEET (continued)

As at 30 April 2025

| Note | 30.04.2025 |  | 30.04.2024
|  | £ |  | £
Fixed assets |  |  |  |
Investments | 3 | 100 |  | 100
|  | 100 |  | 100
Current assets |  |  |  |
Debtors | 4 | 229,612 |  | 113,151
Cash at bank and in hand |  | 4 |  | 0
|  | 229,616 |  | 113,151
Creditors: amounts falling due within one year | 5 | ( 233,356) |  | ( 114,609)
Net current liabilities |  | (3,740) |  | (1,458)
Total assets less current liabilities |  | (3,640) |  | (1,358)
Net liabilities |  | ( 3,640) |  | ( 1,358)
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Profit and loss account |  | ( 3,740 ) |  | ( 1,458 )
Total shareholders' deficit |  | ( 3,640) |  | ( 1,358)

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

Director's responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Gem Care Homes Limited (registered number: 14808375) were approved and authorised for issue by the Director on 29 January 2026. They were signed on its behalf by:

Dr A Mohammed Director |

GEM CARE HOMES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2025
GEM CARE HOMES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

##### General information and basis of accounting

Gem Care Homes Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit A, 82 James Carter Road, Mildenhall, IP28 7DE, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £3,640. The Company is supported through loans from the director. The director has confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the director will continue to support the Company. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

##### Impairment of assets

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 the Profit and Loss Account as described below.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the debtors are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

#### 2. Employees

| Year ended 30.04.2025 |  | Period from 17.04.2023 to 30.04.2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 1

#### 3. Fixed asset investments

Investments in subsidiaries

| 30.04.2025
| £
Cost |
At 01 May 2024 | 100
At 30 April 2025 | 100
Carrying value at 30 April 2025 | 100
Carrying value at 30 April 2024 | 100

#### 4. Debtors

| 30.04.2025 |  | 30.04.2024
| £ |  | £
Amounts owed by Group undertakings | 229,612 |  | 113,151

#### 5. Creditors: amounts falling due within one year

| 30.04.2025 |  | 30.04.2024
| £ |  | £
Other creditors | 233,356 |  | 114,609

#### 6. Related party transactions

Transactions with the entity's director

| 30.04.2025 |  | 30.04.2024
| £ |  | £
Amounts due to directors | 232,156 |  | 113,409

The loan from the director is unsecured, provided interest free and repayable on demand.

The company has taken advantage of the exemption in FRS 102 35.1AC “Related Party Disclosures” from disclosing transactions with other members of the group.