REGISTERED NUMBER: 12560118 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

CAERLEON HOUSE CARE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B S Brainch

Mr P P Mamtora

Mr S K Sheth

Mr A K Sheth

REGISTERED OFFICE:

13 - 14 Gelliwastad Road

Pontypridd

Rhondda Cynon Taf

CF37 2BW

REGISTERED NUMBER:

12560118 (England and Wales)

ACCOUNTANTS:

Sullivans Chartered Accountants

13-14 Gelliwastad Road

Pontypridd

Rhondda Cynon Taf

CF37 2BW

FIXED ASSETS

Intangible assets

4

15,500

18,500

Tangible assets

5

2,272,216

2,367,293

2,287,716

2,385,793

CURRENT ASSETS

Stocks

8,096

8,170

Debtors

6

548,299

137,560

Cash at bank and in hand

280,284

236,014

836,679

381,744

CREDITORS

Amounts falling due within one year

7

722,894

613,236

NET CURRENT ASSETS/(LIABILITIES)

113,785

(231,492

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,401,501

2,154,301

CREDITORS

Amounts falling due after more than one year (including convertible debt)

8

(2,196,132

)

(1,733,634

)

PROVISIONS FOR LIABILITIES

(91,235

)

(106,002

)

NET ASSETS

114,134

314,665

CAPITAL AND RESERVES

Called up share capital

11

1

1

Other reserves

-

9,683

Retained earnings

114,133

304,981

SHAREHOLDERS' FUNDS

114,134

314,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2026 and were signed on its behalf by:

Mr S K Sheth - Director

1.	STATUTORY INFORMATION

Caerleon House Care 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

Going Concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Revenue is recognised in accordance with FRS 102, primarily representing fees for care, accommodation, and catering services provided to its residents. Revenue from private residents and local authorities is recognised monthly as services are performed, reflecting the transfer of promised services. NHS CHC/FNC funding is recognised as income when entitlement is confirmed and conditions met.

Goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost-excluding land at 0%

Improvements to property

-

10% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

30% on reducing balance and 15% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 81 (2024 - 72 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

30,000

AMORTISATION

At 1 September 2024

11,500

Amortisation for year

3,000

At 31 August 2025

14,500

NET BOOK VALUE

At 31 August 2025

15,500

At 31 August 2024

18,500

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

1,875,034

959,613

2,834,647

Additions

-

36,323

36,323

At 31 August 2025

1,875,034

995,936

2,870,970

DEPRECIATION

At 1 September 2024

116,048

351,306

467,354

Charge for year

30,273

101,127

131,400

At 31 August 2025

146,321

452,433

598,754

NET BOOK VALUE

At 31 August 2025

1,728,713

543,503

2,272,216

At 31 August 2024

1,758,986

608,307

2,367,293

Included in cost of land and buildings is freehold land of £ 361,400 (2024 - £ 361,400 ) which is not depreciated.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

45,830

DEPRECIATION

At 1 September 2024

12,221

Charge for year

6,722

At 31 August 2025

18,943

NET BOOK VALUE

At 31 August 2025

26,887

At 31 August 2024

33,609

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Trade debtors

87,904

2,475

Amounts owed by group undertakings

22,444

2,018

Amounts owed by associates

344,025

27,569

Other debtors

93,926

105,498

548,299

137,560

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans and overdrafts

31,572

29,531

Hire purchase contracts (see note 9)

6,186

6,186

Trade creditors

41,810

71,527

Taxation and social security

116,768

86,475

Other creditors

526,558

419,517

722,894

613,236

Included in 'Other Creditors' were amounts owed to the company directors, totalling £0 (2024 - £130,750). The amounts owed were repaid during this period.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/8/25

31/8/24

£

£

Bank loans

2,178,428

1,588,707

Hire purchase contracts (see note 9)

17,704

23,890

Amounts owed to associates

-

121,037

2,196,132

1,733,634

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31/8/25

31/8/24

£

£

Net obligations repayable:

Within one year

6,186

6,186

Between one and five years

17,704

23,890

23,890

30,076

Non-cancellable

operating leases

31/8/25

31/8/24

£

£

Within one year

15,618

19,123

10.	SECURED DEBTS

The following secured debts are included within creditors:

31/8/25

31/8/24

£

£

Bank loans

2,210,000

1,618,238

Hire purchase contracts

23,890

30,076

2,233,890

1,648,314

Hire purchase liabilities are secured against the assets to which they relate.

Group Security and Composite Guarantee:

Bank borrowings in the company are secured by a fixed and floating charge over the assets of the company, and a first legal charge over the company's freehold property.

The company is part a wider group banking arrangement and composite guarantee, with other associated companies:

- Pentwyn Care Limited [Company number - 05745419]

- Serenity Healthcare Limited [Company number - 13545553]

- Llangoedmor Properties Limited [Company number - 01627747]

Under this arrangement, the companies have provided an irrevocable and unconditional joint and several cross-guarantee to TC Loans Limited, in respect of the wider group bank borrowings of these associated undertakings.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/8/25

31/8/24

value:

£

£

1

Ordinary

£1

1

1

12.	ULTIMATE CONTROLLING PARTY

Following a group de-merger, the ultimate controlling party changed on 21 November 2024, from Marble Arch Investment Group Limited to Caerleon House Care 2024 Limited.