Registered number
07316538
Warwick Park Care Home Limited
Filleted Accounts
30 April 2025

Warwick Park Care Home Limited
Registered number: | 07316538
Balance Sheet
as at 30 April 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Intangible assets | 3 |  |  | 134,583 |  |  | 158,333
Tangible assets | 4 |  |  | 2,027,660 |  |  | 2,024,169
|  |  |  | 2,162,243 |  |  | 2,182,502
Current assets
Debtors | 5 |  | 18,514 |  |  | 46,543
Cash at bank and in hand |  |  | 193,672 |  |  | 231,077
|  |  | 212,186 |  |  | 277,620
Creditors: amounts falling due within one year | 6 |  | (348,454) |  |  | (336,772)
Net current liabilities |  |  |  | (136,268) |  |  | (59,152)
Total assets less current liabilities |  |  |  | 2,025,975 |  |  | 2,123,350
Creditors: amounts falling due after more than one year | 7 |  |  | (680,750) |  |  | (823,251)
Provisions for liabilities |  |  |  | (143,261) |  |  | (132,540)
Net assets |  |  |  | 1,201,964 |  |  | 1,167,559
Capital and reserves
Called up share capital |  |  |  | 200 |  |  | 200
Profit and loss account |  |  |  | 1,201,764 |  |  | 1,167,359
Shareholders' funds |  |  |  | 1,201,964 |  |  | 1,167,559
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P F Gregory
Director
Approved by the board on 13 January 2026

Warwick Park Care Home Limited
Notes to the Accounts
for the year ended 30 April 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The accounts are presented in sterling, which is the functional currency of the entity.
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts, rebates and value added taxes. Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: • the amount of revenue can be measured reliably; • it is probable that the Company will receive the consideration due under the contract; Revenue includes fees receivable in respect of the care home services provided.
| Intangible fixed assets
| Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Freehold property | 1% Straight line
| Fixtures and fittings | 25% Straight line
| Office equipment | 25% Straight line
| Motor vehicles | 25% Straight line
| The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Profit and Loss Account.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Cash and cash equivalents
| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Borrowing costs
| All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
| Provisions
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
| Foreign currency translation
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
| Leased assets
| A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
| Pensions
| The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
| Financial instruments
| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
| Dividends
| Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
| Interest income
| Interest income is recognised in profit or loss using the effective interest method.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 30 |  | 29
3 | Intangible fixed assets | £
| Goodwill:
| Cost
| At 1 May 2024 | 475,000
| At 30 April 2025 | 475,000
| Amortisation
| At 1 May 2024 | 316,667
| Provided during the year | 23,750
| At 30 April 2025 | 340,417
| Net book value
| At 30 April 2025 | 134,583
| At 30 April 2024 | 158,333
| Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.
4 | Tangible fixed assets
|  | Land and buildings |  | Plant and machinery etc |  | Motor vehicles |  | Total
£ | £ | £ | £
| Cost
| At 1 May 2024 | 2,223,774 |  | 61,729 |  | 14,270 |  | 2,299,773
| Additions | - |  | 32,049 |  | - |  | 32,049
| At 30 April 2025 | 2,223,774 |  | 93,778 |  | 14,270 |  | 2,331,822
| Depreciation
| At 1 May 2024 | 207,285 |  | 54,049 |  | 14,270 |  | 275,604
| Charge for the year | 22,238 |  | 6,320 |  | - |  | 28,558
| At 30 April 2025 | 229,523 |  | 60,369 |  | 14,270 |  | 304,162
| Net book value
| At 30 April 2025 | 1,994,251 |  | 33,409 |  | - |  | 2,027,660
| At 30 April 2024 | 2,016,489 |  | 7,680 |  | - |  | 2,024,169
| Freehold land and buildings: | 2025 |  | 2024
£ | £
| Historical cost | 2,223,774 |  | 2,223,774
| Cumulative depreciation based on historical cost | 229,523 |  | 207,285
|  |  |  |  |  | 1,994,251 |  | 2,016,489
5 | Debtors | 2025 |  | 2024
£ | £
| Trade debtors | 10,681 |  | 41,215
| Prepayments |  | 7,833 |  | 5,328
|  |  |  |  |  | 18,514 |  | 46,543
6 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Bank loans and overdrafts | 131,000 |  | 131,000
| Trade creditors | 40,823 |  | 30,160
| Taxation and social security costs | 146,433 |  | 159,188
| Other creditors | 11,040 |  | 10,124
| Accruals and deferred income | 19,158 |  | 6,300
|  |  |  |  |  | 348,454 |  | 336,772
7 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Bank loans | 680,750 |  | 823,251
8 | Loans | 2025 |  | 2024
£ | £
| Analysis of the maturity of loans is given below:
| Amounts falling due 1-2 years
| Bank loans | 131,000 |  | 131,000
| Amounts falling due 2-5 years
| Bank loans | 374,667 |  | 374,667
| Amounts falling due after more than 5 years
| Bank loans | 175,083 |  | 317,584
|  |  |  |  |  | 680,750 |  | 823,251
| At 30 April 2025, the company owed £341,464 (2024 - £407,398) on a loan with interest payable at 2.24% above the Bank of England Base Rate, repayable by July 2029. At 30 April 2025, the company owed £458,619 (2024 - £525,186) on a loan with interest payable at 2.30% above the Bank of England Base Rate, repayable by September 2029. The above loans are owed to Lloyds Bank Plc and contain a fixed charge as well as an unlimited debenture on the freehold property of Little Court Care Home Limited, a company with common directors and shareholders. Also at 30 April 2025, the company owed £11,667 (2024: £21,667) on a bounce back loan with interest payable at 2.50%, repayable by July 2026.
9 | Pension commitments
| The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £16,525 (2024 - £17,498). Contributions totalling £4,019 (2024 - £6,286) were payable to the fund at the reporting date and are included in Other creditors.
10 | Related party transactions
| During the year ended 30 April 2025, one of the directors incurred expenses on behalf of the company totalling £4,608 (2024 - £2,242). At the year end, the amount owed to the director was £4,608 (2024 - £3,294).
11 | Other information
| Warwick Park Care Home Limited is a private company limited by shares and incorporated in England. Its registered office is:
| 38 Station Road
| Harrow
| HA2 7SE
| The principal place of business is:
| 55 Warwick Park
| Tunbridge Wells
| Kent
| TH2 5EJ

Warwick Park Care Home Limited 07316538 false 2024-05-01 2025-04-30 2025-04-30 VT Final Accounts February 2026 P F Gregory No description of principal activity 07316538 2023-05-01 2024-04-30 07316538 core:WithinOneYear 2024-04-30 07316538 core:AfterOneYear 2024-04-30 07316538 core:ShareCapital 2024-04-30 07316538 core:RetainedEarningsAccumulatedLosses 2024-04-30 07316538 core:MoreThanFiveYears 2024-04-30 07316538 2024-05-01 2025-04-30 07316538 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 07316538 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 07316538 bus:Director40 2024-05-01 2025-04-30 07316538 1 2024-05-01 2025-04-30 07316538 2 2024-05-01 2025-04-30 07316538 core:Goodwill 2024-05-01 2025-04-30 07316538 core:LandBuildings 2024-05-01 2025-04-30 07316538 core:PlantMachinery 2024-05-01 2025-04-30 07316538 core:Vehicles 2024-05-01 2025-04-30 07316538 countries:England 2024-05-01 2025-04-30 07316538 bus:FRS102 2024-05-01 2025-04-30 07316538 bus:FilletedAccounts 2024-05-01 2025-04-30 07316538 2025-04-30 07316538 core:WithinOneYear 2025-04-30 07316538 core:AfterOneYear 2025-04-30 07316538 core:ShareCapital 2025-04-30 07316538 core:RetainedEarningsAccumulatedLosses 2025-04-30 07316538 core:Goodwill 2025-04-30 07316538 core:LandBuildings 2025-04-30 07316538 core:PlantMachinery 2025-04-30 07316538 core:Vehicles 2025-04-30 07316538 core:MoreThanFiveYears 2025-04-30 07316538 2024-04-30 07316538 core:Goodwill 2024-04-30 07316538 core:LandBuildings 2024-04-30 07316538 core:PlantMachinery 2024-04-30 07316538 core:Vehicles 2024-04-30 iso4217:GBP xbrli:pure