REGISTERED NUMBER: 01373721 (England and Wales)

Financial Statements for the Year Ended 30 June 2025

for

Dial House Care Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mohamed Hassan Roshanali Merali

Hasnain Mohammed Taki Merali

REGISTERED OFFICE:

Suite D5, St Meryl Suite

Carpenders Park

Watford

WD19 5EF

REGISTERED NUMBER:

01373721 (England and Wales)

AUDITORS:

Merali's

Chartered Accountants & Statutory Auditors

Scottish Provident House

76-80 College Road

Harrow

Middlesex

HA1 1BQ

FIXED ASSETS

Tangible assets

4

1,974,084

1,997,678

CURRENT ASSETS

Stocks

2,300

2,300

Debtors

5

96,033

181,646

Cash at bank and in hand

538,686

256,436

637,019

440,382

CREDITORS

Amounts falling due within one year

6

(1,126,982

)

(1,184,183

)

NET CURRENT LIABILITIES

(489,963

)

(743,801

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,484,121

1,253,877

PROVISIONS FOR LIABILITIES

7

(304,294

)

(340,121

)

NET ASSETS

1,179,827

913,756

CAPITAL AND RESERVES

Called up share capital

1,001

1,001

Revaluation reserve

8

47,394

43,783

Capital redemption reserve

1,000

1,000

Retained earnings

1,130,432

867,972

1,179,827

913,756

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 1 May 2026 and were signed on its behalf by:

Hasnain Mohammed Taki Merali - Director

1.	STATUTORY INFORMATION

Dial 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

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 except for freehold property.

The financial statements are presented in Sterling (£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the neared £.

The following principal accounting policies have been applied:

Financial Reporting Standard 102 - reduced disclosure exemptions

* 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 requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A;

* the requirement of paragraph 33.7.

This information is included in the consolidated financial statements of Mayfair Care Group Limited as at 30 June 2025 and these financial statements may be obtained from www.companieshouse.gov.uk.

Going concern

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

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

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 - 2% on revalued amount

Fixtures and fittings - 25% on reducing balance

Computer equipment - 25% on reducing balance

Stocks

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

Financial instruments

The company has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments.

Financial assets and financial liabilities are recognised when the company becomes 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.

The company's policies for its major classes of financial assets and financial liabilities are set out below.

Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances, intercompany working capital balances, and intercompany financing are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.

Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Financial liabilities

Basic financial liabilities, including trade and other creditors, and loans from fellow group companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction. where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Impairment of financial assets

Financial assets 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 the profit and loss account.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset's carrying amount and the best estimate of the amount the company would receive for the asset if it were to be sold at the reporting date.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between the asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If the financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets and financial liabilities

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Offsetting of financial assets and financial liabilities

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 66 (2024 - 83 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 July 2024

and 30 June 2025

2,900,000

191,998

27,191

3,119,189

DEPRECIATION

At 1 July 2024

912,000

186,512

22,999

1,121,511

Charge for year

21,174

1,372

1,048

23,594

At 30 June 2025

933,174

187,884

24,047

1,145,105

NET BOOK VALUE

At 30 June 2025

1,966,826

4,114

3,144

1,974,084

At 30 June 2024

1,988,000

5,486

4,192

1,997,678

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

As restated

£

£

Trade debtors

90,297

125,927

Other debtors

5,736

55,719

96,033

181,646

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

As restated

£

£

Amounts owed to group undertakings

878,570

1,092,027

Taxation and social security

121,105

59,595

Other creditors

127,307

32,561

1,126,982

1,184,183

7.	PROVISIONS FOR LIABILITIES

2025

2024

As restated

£

£

Deferred tax

Deferred taxation liability

304,294

340,121

Deferred

Deferred tax

tax

Restated

£

£

Balance at 1 July 2024

As previously reported

340,121

20,267

Prior year adjustment

-

330,172

As restated

340,121

350,439

Provided during year

(35,827

)

(10,318

)

Balance at 30 June 2025

304,294

340,121

8.

RESERVES

Revaluation

reserve

£

At 1 July 2024

43,783

Deferred Tax

3,611

At 30 June 2025

47,394

Revaluation reserve and capital reorganisation

On 19 March 2018, the Company undertook a capital reorganisation whereby £1,250,000 of the revaluation reserve was capitalised through the issue of bonus shares. The bonus shares were subsequently cancelled pursuant to a reduction of capital completed in accordance with the Companies Act 2006. As a result of that capital reduction, an equivalent amount was credited to distributable reserves. The transaction did not affect the carrying value of the Company's underlying properties, and the remaining balance on the revaluation reserve continues to represent unrealised gains arising on the revaluation of property.

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

The Report of the Auditors was unqualified.

MPK Merali (Senior Statutory Auditor)

Merali's Chartered Accountants Merali's

10.	RELATED PARTY DISCLOSURES

Dial House Care Holdings Limited is the immediate parent company of Dial House Care Limited. Mayfair Care Group Limited is the ultimate parent company of Dial House Care Limited. As at the balance sheet date, the company had a payable balance to Dial House Care Holdings Limited amounting to £878,570 (2024:£1,092,027).

11.	CAPITAL REDEMPTION RESERVE

Following the creation of distributable reserves through the capital reorganisation undertaken on 19 March 2018, the Company completed a purchase of its own shares, acquiring and cancelling 1,000 A ordinary shares of £1 each for consideration of £1,250,000. As required by the Companies Act 2006, £1,000, being the nominal value of the shares cancelled, was transferred to the capital redemption reserve. The capital redemption reserve is treated as a non-distributable reserve.