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REGISTERED NUMBER: 13785408 (England and Wales)

Financial Statements for the Year Ended 30 June 2025

for

Aidacare Limited

Aidacare Limited (Registered number: 13785408)

Contents of the Financial Statements

for the Year Ended 30 June 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Aidacare Limited

Company Information

for the Year Ended 30 June 2025

| DIRECTORS: | S I Garland

| G P Garland

| REGISTERED OFFICE: | Unit 1 The Cam Centre

| Wilbury Way

| Hitchin

| SG4 0TW

| REGISTERED NUMBER: | 13785408 (England and Wales)

| SENIOR STATUTORY AUDITOR: | Emma Fraser FCA

| AUDITORS: | Bracey's Accountants (Audit) Limited

| Statutory Auditor, Chartered Accountants

| Unit 1 The Cam Centre

| Wilbury Way

| Hitchin

| Hertfordshire

| SG4 0TW

Aidacare Limited (Registered number: 13785408)

Balance Sheet

30 June 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 46,693 |  | 80,980 |  |

CURRENT ASSETS

Stocks | 5 | 569,751 |  | 536,708 |  |

Debtors | 6 | 234,402 |  | 107,786 |  |

Cash at bank | 104,967 |  | 881,473 |  |

909,120 |  | 1,525,967 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,794,545 |  | 2,429,097 |  |

NET CURRENT LIABILITIES | (885,425 | ) | (903,130 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (838,732 | ) | (822,150 | ) |

CAPITAL AND RESERVES

Called up share capital | 8 | 1 |  | 1 |  |

Retained earnings | (838,733 | ) | (822,151 | ) |

SHAREHOLDERS' FUNDS | (838,732 | ) | (822,150 | ) |

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2026 and were signed on its behalf by:

S I Garland - Director

G P Garland - Director

Aidacare Limited (Registered number: 13785408)

Notes to the Financial Statements

for the Year Ended 30 June 2025

1. | STATUTORY INFORMATION

| Aidacare Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| The functional and presentation currency is GBP. Amounts are rounded to the nearest pound.

| Going Concern

| The company has net current liabilities and negative retained earnings. The company sources its stock from the immediate parent company, Hospital & Rehab Holdings Pty Ltd, in turn the company is also reliant on the working capital support that it receives from its immediate parent company.

| The continued support of the group is key in determining the going concern of this company. Hospital & Rehab Holdings Pty Ltd have pledged its intention to provide funding support without restriction for a period of at least 12 months from the approval of these financial statements and that inter company balance will not be recalled until such time that the Company has the resources to pay these without impacting on its ability to settle its external debts as they fall due. It is on this basis that the Directors have prepared the accounts on a going concern basis.

| Foreign currency translation

| Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

| At each period end, foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction.

| Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss.

| Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the profit and loss within administrative expenses.

| Significant judgements and estimates

| Judgements

| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. These are included below within the accounting policies detailed.

| Turnover

| Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax and returns. Rebates and discounts are shown separate as a cost of sale.

| 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.

| Sales invoices are raised when the goods leave the warehouse.

Aidacare Limited (Registered number: 13785408)

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

2. | ACCOUNTING POLICIES - continued

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Motor vehicles | - | Straight line over 5 years

| Computer equipment | - | Straight line over 3 years

| 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.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Stock comprises finished goods only. The cost includes an estimate in relation to freight charges in getting the stock in to the country.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| 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.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Aidacare Limited (Registered number: 13785408)

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

2. | ACCOUNTING POLICIES - continued

| Cash and cash equivalents

| Cash and cash equivalents comprise cash on hand and call deposits.

| 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.

| 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 at the transaction price.

| Interest income and expense

| Interest charges and income are recognised in profit and loss using the effective interest method.

| Financial instruments

| The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans from related parties.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 6 ) .

4. | TANGIBLE FIXED ASSETS

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 July 2024 | 110,912 |  | 6,505 |  | 117,417 |  |

| Disposals | (29,048 | ) | - |  | (29,048 | ) |

| At 30 June 2025 | 81,864 |  | 6,505 |  | 88,369 |  |

| DEPRECIATION

| At 1 July 2024 | 32,899 |  | 3,538 |  | 36,437 |  |

| Charge for year | 17,341 |  | 1,938 |  | 19,279 |  |

| Eliminated on disposal | (14,040 | ) | - |  | (14,040 | ) |

| At 30 June 2025 | 36,200 |  | 5,476 |  | 41,676 |  |

| NET BOOK VALUE

| At 30 June 2025 | 45,664 |  | 1,029 |  | 46,693 |  |

| At 30 June 2024 | 78,013 |  | 2,967 |  | 80,980 |  |

Aidacare Limited (Registered number: 13785408)

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

5. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 569,751 |  | 536,708 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 197,678 |  | 88,348 |  |

| Other debtors | 16,307 |  | 75 |  |

| Prepayments | 20,417 |  | 19,363 |  |

234,402 |  | 107,786 |  |

| The company has taxable losses available for use against future profits. There is no deferred tax asset recognised on these losses on the basis of the uncertainty that the company will generate sufficient trading profits in the near future to utilise these losses.

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 20,053 |  | 28,664 |  |

| Amounts owed to group undertakings | 1,707,959 |  | 2,303,747 |  |

| Social security and other taxes | 3,258 |  | (404 | ) |

| Pension Liability | 582 |  | - |  |

| VAT | 32,309 |  | 11,398 |  |

| Other creditors | - |  | 63,805 |  |

| Accrued expenses | 30,384 |  | 21,887 |  |

1,794,545 |  | 2,429,097 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1 | Ordinary | 1 | 1 |  | 1 |  |

9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| As the income statement and directors report has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with S444(5B) of the Companies Act 2006.

| The audit report prepared is in connection with the audit of the full annual accounts, including income statement and Directors' report which have not been filed.

| The Auditors' Report was unqualified.

| We draw attention to Note 2 within these financial statements (headed 'Going Concern'), which details the supply of goods and working capital support from the group required in relation to the assessment of going concern.

| Our opinion is not modified in this respect.

| Emma Fraser FCA (Senior Statutory Auditor) (signed 3rd April 2026)

| for and on behalf of Bracey's Accountants (Audit) Limited

Aidacare Limited (Registered number: 13785408)

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

10. | RELATED PARTY DISCLOSURES

| The Company has taken advantage of the available exemptions under FRS 102 - Section 1A not to disclose transactions with the ultimate parent company or any wholly owned members of the same group.

11. | ULTIMATE CONTROLLING PARTY

| The Company's immediate parent is Hospital & Rehab Holdings Pty Limited, a company incorporated in Australia.

| The smallest group which draws up consolidated financial statements that includes the Company is headed by QPE Alpha 1 Pty Ltd, a company incorporated in Australia whose registered office address is Collins Square Tower 4, Level 18, 727 Collins Street, Docklands, VIC 3008.

| There is no ultimate controlling party.