REGISTERED NUMBER: 04865826 (England and Wales)

Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 31 August 2025

for

OAKVILLE CARE LIMITED

Page

Company Information

1

Strategic Report

2

Report of the Directors

4

Report of the Independent Auditors

6

Statement of Comprehensive Income

9

Balance Sheet

10

Statement of Changes in Equity

11

Notes to the Financial Statements

12

DIRECTORS:

Mrs R Patel

Mr A Patel

REGISTERED OFFICE:

Panteg Farm Graig Road

Lisvane

Cardiff

CF14 0UF

REGISTERED NUMBER:

04865826 (England and Wales)

AUDITORS:

Advantage Accountancy & Advisory Ltd

Chartered Certified Accountants

and Statutory Auditors

Avalon House

5-7 Cathedral Road

Cardiff

CF11 9HA

The directors present their strategic report for the year ended 31 August 2025.

REVIEW OF BUSINESS

The company's results for the year show a profit before taxation of £880,430 (2024: £496,026). The shareholders funds total £6,149,482 (2024: £5,516,867). The company's performance for the financial year ended 31 August 2025 is encouraging. Turnover increased to £4,553,719 during the year compared to £3,751,376 for 2023/24. Similarly, operating profits increased from £660,675 to £1,013,039 to for the year ended 31 August 2025.

BUSINESS ENVIRONMENT

The sector in which the company operates is extremely competitive and highly regulated. The company holds a licence from Care Inspectorate Wales to allow it to operate its care home. The company, along with all other care homes is subject to unannounced inspections from Care Inspectorate Wales.

STRATEGY

The management and staff try to provide their service users with a "home from home". The focus is to create a stimulating environment that offers activities, independence and choice to the residents of the home. Management is dedicated to providing the highest possible standard of care in a comfortable environment. The company is dependent upon attracting and retaining well qualified nursing and other staff. The company relies on their professionalism and efficiency in satisfying both the needs of the residents and their health and safety requirements. Training is provided to develop the staff, deliver high quality tailored care and to reduce the operational risks associated with providing care to vulnerable people. This is the strategy that the directors are following to ensure that the company is a thriving, caring and profitable care home.

KEY PERFORMANCE INDICATORS

The company has made significant progress throughout the year in relation to achieving key elements of its strategy. The directors and senior management review the financial progress of the company by comparing the average occupancy rates. During the year ended 31 August 2025, average occupancy rates increased from 85% to 91%, once again evidencing the post Covid-19 recovery. It could take a couple of years or more for occupancy rates to recover completely. Reducing care budgets and the government and local authority drive to maintain service users in their homes will continue to affect the residency rates in the care home.

PRINCIPAL RISKS AND UNCERTAINTIES

The principal commercial risk faced by the company is the loss of its licence to operate a care home provided by Care Inspectorate Wales. The directors operate a semi hands on approach to ensuring that the company's licence is protected. Systems and procedures have been put in place that ensure that the home is operated within the guidelines produced by Care Inspectorate Wales.

The principal financial risk to the business is in relation to the bank loan. There is a possibility that bank interest rates will increase in the future from their historically low levels. The company's bank loan is subject to various terms and conditions and the directors continue to monitor these to ensure compliance.

The company's credit risk is mainly attributable to its trade debtors. Where a resident changes from one type of funded care to another there can be delays in the home receiving payments. The directors closely monitor this and communicate with the appropriate authorities.

FUTURE DEVELOPMENTS

Results since the balance sheet date continue to remain positive, however the company has experienced increased costs as a result of service requirements, occupancy pressures and higher staff costs as a result of measures brought in during the most recent budget.

The directors remain confident about the continuing financial performance of the business and are looking to develop the business further. It will continue to invest in capital expenditure to ensure that the home is maintained to a high standard for resident living.

In the opinion of the directors, there are no issues with going concern.

ON BEHALF OF THE BOARD:

Mrs R Patel - Director

30 April 2026

The directors present their report with the financial statements of the company for the year ended 31 August 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of residential care.

DIVIDENDS

The total distribution of dividends for the year ended 31 August 2025 will be £189,000 (2024: £189,000).

RESEARCH AND DEVELOPMENT

No significant research and developments activities were undertaken during the period ending 31 August 2025.

FUTURE DEVELOPMENTS

Please refer to the strategic report.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 September 2024 to the date of this report.

Mrs R Patel

Mr A Patel

FINANCIAL INSTRUMENTS

The company has a normal level of exposure to price, credit, liquidity and cash flow risks arising from trading activities. The company does not enter into any formally designated hedging arrangements.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Advantage Accountancy & Advisory Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Mrs R Patel - Director

30 April 2026

Opinion

We have audited the financial statements of Oakville Care Limited (the 'company') for the year ended 31 August 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31 August 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page four, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from

material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion.

Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the

economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

•The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

•We obtained understanding of the legal and regulatory frameworks applicable to the company and the sector in which they operate. We determined that the following laws and regulations were most significant: The Companies Act 2006 , UK corporate taxation laws, employment legislation and health and safety legislation.

•We obtained an understanding of how the company are complying with those legal and regulatory frameworks by making inquiries to management. We corroborated our inquiries through our review of legal correspondence.

•We assessed the susceptibility of the company's financial statements to material misstatements, including how fraud might occur. Audit procedures performed by the engagement team included:

• making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud;

• identifying and assessing the design effectiveness of controls management has in place to prevent and detect fraud;

• understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process;

• performing analytical procedures to identify any unusual or unexpected relationships;

• challenging assumptions and judgements made by management in its significant accounting estimates;

• identifying and testing journal entries, in particular any journal entries posted with unusual account combinations; and

• assessing the extent of compliance with relevant laws and regulations.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Stephen John Bickerton (Senior Statutory Auditor)

for and on behalf of Advantage Accountancy & Advisory Ltd

Chartered Certified Accountants

and Statutory Auditors

Avalon House

5-7 Cathedral Road

Cardiff

CF11 9HA

30 April 2026

TURNOVER

3

4,553,719

3,751,376

Cost of sales

(2,979,868

)

(2,568,469

)

GROSS PROFIT

1,573,851

1,182,907

Administrative expenses

(560,812

)

(522,232

)

OPERATING PROFIT

5

1,013,039

660,675

Interest receivable and similar income

7

-

1,426

1,013,039

662,101

Interest payable and similar expenses

8

(132,609

)

(166,075

)

PROFIT BEFORE TAXATION

880,430

496,026

Tax on profit

9

(58,715

)

(54,529

)

PROFIT FOR THE FINANCIAL YEAR

821,715

441,497

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

821,715

441,497

FIXED ASSETS

Tangible assets

11

2,874,531

2,955,509

CURRENT ASSETS

Debtors

12

4,448,274

4,165,261

Cash at bank

821,490

561,563

5,269,764

4,726,824

CREDITORS

Amounts falling due within one year

13

1,950,622

446,528

NET CURRENT ASSETS

3,319,142

4,280,296

TOTAL ASSETS LESS CURRENT LIABILITIES

6,193,673

7,235,805

CREDITORS

Amounts falling due after more than one year

14

-

(1,692,084

)

PROVISIONS FOR LIABILITIES

16

(44,091

)

(26,854

)

NET ASSETS

6,149,582

5,516,867

CAPITAL AND RESERVES

Called up share capital

17

100

100

Retained earnings

18

6,149,482

5,516,767

SHAREHOLDERS' FUNDS

6,149,582

5,516,867

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2026 and were signed on its behalf by:

Mrs R Patel - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 September 2023

100

5,264,270

5,264,370

Changes in equity

Dividends

-

(189,000

)

(189,000

)

Total comprehensive income

-

441,497

441,497

Balance at 31 August 2024

100

5,516,767

5,516,867

Changes in equity

Dividends

-

(189,000

)

(189,000

)

Total comprehensive income

-

821,715

821,715

Balance at 31 August 2025

100

6,149,482

6,149,582

1.	STATUTORY INFORMATION

Oakville 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention except that as disclosed in the accounting policies, certain items are shown at fair value.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows;

•

the requirement of paragraph 3.17(d);

•

the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);

•

the requirement of paragraph 33.7.

Significant judgements and estimates

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.

Key sources of estimation uncertainty

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There are no material balances where uncertain accounting estimates are used.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Tangible fixed assets

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

Freehold property

-

0% - 2% straight line

Plant and machinery

-

10% Straight line

Fixtures and fittings

-

10% Straight line

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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.

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.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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.

Financial instruments

Classification

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Debt instruments are subsequently measured at amortised cost.

Impairment

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

3.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

An analysis of turnover by class of business is given below:

2025

2024

£

£

Rendering of services

4,553,719

3,751,376

4,553,719

3,751,376

The whole of turnover is attributable to the principal activity of the company wholly undertaken in the United Kingdom.

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

2,479,560

2,165,784

Social security costs

256,454

179,288

Other pension costs

107,354

45,644

2,843,368

2,390,716

The average number of employees during the year was as follows:

2025

2024

Production staff

2

2

Distribution staff

6

4

Administrative staff

99

94

107

100

2025

2024

£

£

Directors' remuneration

25,200

20,818

Directors' pension contributions to money purchase schemes

60,000

-

5.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Depreciation - owned assets

93,308

97,057

6.	AUDITORS' REMUNERATION

2025

2024

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

7,500

7,200

Auditors' remuneration for non audit work

3,000

-

7.

INTEREST RECEIVABLE AND SIMILAR INCOME

2025

2024

£

£

Interest receivable

-

1,426

8.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Bank loan interest

132,609

166,075

9.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

2025

2024

£

£

Current tax:

UK corporation tax

53,613

62,236

Over/under provision in prior year

(12,135

)

-

Total current tax

41,478

62,236

Deferred tax

17,237

(7,707

)

Tax on profit

58,715

54,529

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

2025

2024

£

£

Profit before tax

880,430

496,026

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

220,108

124,007

Effects of:

Expenses not deductible for tax purposes

(63

)

3,120

Depreciation in excess of capital allowances

14,882

15,544

Adjustments to tax charge in respect of previous periods

(12,136

)

-

Group relief

(181,313

)

(80,435

)

Deferred tax timing differences

17,237

(7,707

)

Total tax charge

58,715

54,529

10.

DIVIDENDS

2025

2024

£

£

Ordinary shares of 1 each

Interim

189,000

189,000

11.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 September 2024

4,286,579

121,390

639,557

5,047,526

Additions

-

5,011

7,319

12,330

Disposals

-

(77,310

)

(26,296

)

(103,606

)

At 31 August 2025

4,286,579

49,091

620,580

4,956,250

DEPRECIATION

At 1 September 2024

1,450,598

97,802

543,617

2,092,017

Charge for year

75,728

4,408

13,172

93,308

Eliminated on disposal

-

(77,310

)

(26,296

)

(103,606

)

At 31 August 2025

1,526,326

24,900

530,493

2,081,719

NET BOOK VALUE

At 31 August 2025

2,760,253

24,191

90,087

2,874,531

At 31 August 2024

2,835,981

23,588

95,940

2,955,509

Tangible assets with a carrying value of £2,760,253 (2024: £2,835,981) are pledged as security for the company's bank loan.

Included in Freehold property is an amount of £500,000 which is not depreciated as it relates to land owned by the company.

12.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

277,008

148,992

Amounts owed by group undertakings

3,787,898

3,638,253

Other debtors

357,205

304,885

Prepayments and accrued income

26,163

73,131

4,448,274

4,165,261

13.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 15)

1,725,837

227,500

Trade creditors

44,628

47,850

Tax

41,478

62,236

Social security and other taxes

53,459

43,026

Other creditors

18,984

18,859

Accruals and deferred income

66,236

47,057

1,950,622

446,528

14.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 15)

-

1,692,084

The bank loan is secured by the company.

15.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

1,725,837

227,500

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

1,692,084