REGISTERED NUMBER: 16049005 (England and Wales)

Group Strategic Report, Report of the Directors and

Consolidated Financial Statements

for the Period 29 October 2024 to 30 June 2025

for

Mayfair Care Group Limited

Page

Company Information

1

Group Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

4

Consolidated Income Statement

7

Consolidated Other Comprehensive Income

8

Consolidated Balance Sheet

9

Company Balance Sheet

10

Consolidated Statement of Changes in Equity

11

Company Statement of Changes in Equity

12

Consolidated Cash Flow Statement

13

Notes to the Consolidated Cash Flow Statement

14

Notes to the Consolidated Financial Statements

15

DIRECTORS:

Mohamed Hassan Roshanali Merali

Hasnain Mohammed Taki Merali

REGISTERED OFFICE:

Avs Consulting Limited, Suite D5 St Mery

Carpenders Park

Watford

Hertfordshire

WD19 5EF

REGISTERED NUMBER:

16049005 (England and Wales)

INDEPENDENT AUDITORS:

Merali's

Chartered Accountants & Statutory Auditors

Scottish Provident House

76-80 College Road

Harrow

Middlesex

HA1 1BQ

The directors present their strategic report of the company and the group for the period 29 October 2024 to 30 June 2025.

Mayfair Care Group Limited is the parent company of a group of care home entities providing residential and nursing care services. The Group comprises three sub-holding companies, each owning and operating a nursing home, together with a direct investment in another nursing home. The care homes provide long-term residential and nursing care aimed at supporting residents’ health and daily living needs.

REVIEW OF BUSINESS

The directors of the group are committed to maintaining an excellent reputation for providing high standards of care and comfort to residents. To achieve this, they have continued to ensure that appropriate measures are in place including staff development, deploying recommended practice policies and procedures and maintain the care homes to a high standard. The directors are pleased that their efforts continue to be reflected in the overall positive results achieved from the inspections conducted by the Care Quality Commission (CQC).

The financial results for the period ended 30 June 2025 of the group reflect the efforts and investment undertaken. The key financial highlights of the group are:

Particulars

2025

£

Turnover

7,833,096

Gross Profit

2,464,651

Profit after tax

699,745

Net Current liabilities

4,070,688

Net assets

1,360,402

Being a newly formed group, the financial results reflect approximately six months of trading for the components Lawnbrook Care Homes Ltd, Millennium Care Homes Ltd, and Lansglade Homes Ltd, and twelve months for Dial House Care Ltd. This is due to the technical accounting requirements applicable to first-year group consolidations.

PRINCIPAL RISKS AND UNCERTAINTIES

The directors of the group have established key procedures and reporting structures to meet the particular needs of the group and to manage risks it is exposed to. In particular:

- Key regulatory obligations are closely managed to ensure compliance, thereby ensuring the health, safety and well-being of our residents and staff.

- The company remains vigilant on its debt collecting and cost management processes in order to maintain financial stability.

Employee involvement

Management places considerable value on the involvement of its employees and continues to consult them on matters likely to affect their interests. Training programmes are offered as part of their development and to help them meet high professional standards in the delivery of care to residents in a safe manner.

Disabled employees

The group has continued its policy regarding the employment of disabled persons. Full and fair consideration is given to applications for employment made by disabled persons having regard to their particular aptitude and abilities. Appropriate arrangements are made, wherever possible, for retraining employees who become disabled, to ensure their employment with the company continues.

ON BEHALF OF THE BOARD:

Hasnain Mohammed Taki Merali - Director

1 June 2026

The directors present their report with the financial statements of the company and the group for the period 29 October 2024 to 30 June 2025.

INCORPORATION

The group was incorporated on 29 October 2024 .

DIVIDENDS

No dividends will be distributed for the period ended 30 June 2025.

DIRECTORS

The directors who have held office during the period from 29 October 2024 to the date of this report are as follows:

Mohamed Hassan Roshanali Merali - appointed 29 October 2024

Hasnain Mohammed Taki Merali - appointed 29 October 2024

Both the directors who are eligible offer themselves for election at the forthcoming first Annual General Meeting.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Group 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 the group and of the profit or loss of the group 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 and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group 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 the group 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 group's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

AUDITORS

In the absence of a notice proposing that the appointment be terminated, the auditors, Merali's, are deemed to be reappointed for the next financial year.

ON BEHALF OF THE BOARD:

Hasnain Mohammed Taki Merali - Director

1 June 2026

Opinion

We have audited the financial statements of Mayfair Care Group Limited (the 'parent company') and its subsidiaries (the 'group') for the period ended 30 June 2025 which comprise the Consolidated Income Statement, Consolidated Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated Cash Flow Statement, 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 group's and of the parent company affairs as at 30 June 2025 and of the group's profit for the period 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 group 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 group's and the parent 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 Group 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 Group 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 Group 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 group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group 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 by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

-	the parent company 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 three, 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 group's and the parent 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 group or the parent 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.

We identify and assess the risks of material misstatement of the Financial Statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

- enquiring with management including obtaining and reviewing supporting documentation concerning the company's policies and procedures relating to:

- identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance.

- detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud.

- the company's internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations.

- performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud.

- discussing among the engagement team including tax regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.

- obtaining an understanding of the legal and regulatory framework that the company operates in, focusing on those laws and regulations that had a direct effect on the financial statements or that had a fundamental effect on the operations of the company. The key laws and regulations we considered in this context included the Companies Act 2006 and Tax legislation.

Audit response to risks identified

As a result of performing the above procedures, we identified the following risks: revenue recognition completeness and cut-off, payroll occurrence and management override of controls.

Our procedures to respond to the risks identified included the following:

- In addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

- Substantive testing on the completeness and cut-off of revenue.

- Substantive testing on the occurrence of payroll.

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.

MPK Merali (Senior Statutory Auditor)

for and on behalf of Merali's

Chartered Accountants & Statutory Auditors

Scottish Provident House

76-80 College Road

Harrow

Middlesex

HA1 1BQ

3 June 2026

TURNOVER

7,833,096

Cost of sales

(5,368,445

)

GROSS PROFIT

2,464,651

Administrative expenses

(1,250,410

)

1,214,241

Other operating income

5,147

OPERATING PROFIT

4

1,219,388

Interest receivable and similar income

16,349

1,235,737

Interest payable and similar expenses

5

(256,963

)

PROFIT BEFORE TAXATION

978,774

Tax on profit

6

(279,029

)

PROFIT FOR THE FINANCIAL PERIOD

699,745

Profit attributable to:

Owners of the parent

699,745

PROFIT FOR THE PERIOD

699,745

OTHER COMPREHENSIVE INCOME

-

TOTAL COMPREHENSIVE INCOME FOR THE PERIOD

699,745

Total comprehensive income attributable to:

Owners of the parent

699,745

FIXED ASSETS

Intangible assets

8

3,870,225

Tangible assets

9

8,990,758

Investments

10

-

12,860,983

CURRENT ASSETS

Stocks

11

4,300

Debtors

12

451,304

Cash at bank and in hand

2,070,680

2,526,284

CREDITORS

Amounts falling due within one year

13

(6,596,972

)

NET CURRENT LIABILITIES

(4,070,688

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,790,295

CREDITORS

Amounts falling due after more than one year

14

(7,120,574

)

PROVISIONS FOR LIABILITIES

17

(309,319

)

NET ASSETS

1,360,402

CAPITAL AND RESERVES

Called up share capital

18

1,400

Retained earnings

19

1,359,002

SHAREHOLDERS' FUNDS

1,360,402

The financial statements were approved by the Board of Directors and authorised for issue on 1 June 2026 and were signed on its behalf by:

Hasnain Mohammed Taki Merali - Director

FIXED ASSETS

Intangible assets

8

-

Tangible assets

9

-

Investments

10

600

600

CURRENT ASSETS

Cash in hand

800

CREDITORS

Amounts falling due within one year

13

(8,200

)

NET CURRENT LIABILITIES

(7,400

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,800

)

CAPITAL AND RESERVES

Called up share capital

18

1,400

Retained earnings

19

(8,200

)

SHAREHOLDERS' FUNDS

(6,800

)

Company's loss for the financial year

(8,200

)

The financial statements were approved by the Board of Directors and authorised for issue on 1 June 2026 and were signed on its behalf by:

Hasnain Mohammed Taki Merali - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Changes in equity

Issue of share capital

1,400

-

1,400

Total comprehensive income

-

699,745

699,745

Transferred per restructuring

-

659,257

659,257

Balance at 30 June 2025

1,400

1,359,002

1,360,402

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Changes in equity

Issue of share capital

1,400

-

1,400

Total comprehensive income

-

(8,200

)

(8,200

)

Balance at 30 June 2025

1,400

(8,200

)

(6,800

)

Cash flows from operating activities

Cash generated from operations

1

1,932,066

Interest paid

(256,963

)

Tax paid

185,539

Net cash from operating activities

1,860,642

Cash flows from investing activities

Purchase of tangible fixed assets

(3,741

)

Investment in subsidiaries

(7,213,025

)

Interest received

16,349

Net cash from investing activities

(7,200,417

)

Cash flows from financing activities

Loans received net of repayment

7,409,055

Share issue

1,400

Net cash from financing activities

7,410,455

Increase in cash and cash equivalents

2,070,680

Cash and cash equivalents at beginning of period

2

-

Cash and cash equivalents at end of period

2

2,070,680

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

£

Profit before taxation

978,774

Depreciation charges

79,013

Goodwill amortization

244,433

Finance costs

256,963

Finance income

(16,349

)

1,542,834

Increase in stocks

(4,300

)

Increase in trade and other debtors

(451,304

)

Increase in trade and other creditors

844,836

Cash generated from operations

1,932,066

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Period ended 30 June 2025

30/6/25

29/10/24

£

£

Cash and cash equivalents

2,070,680

-

3.	ANALYSIS OF CHANGES IN NET DEBT

At 29/10/24

Cash flow

At 30/6/25

£

£

£

Net cash

Cash at bank and in hand

-

2,070,680

2,070,680

-

2,070,680

2,070,680

Debt

Finance leases

-

(31,023

)

(31,023

)

Debts falling due within 1 year

-

(276,075

)

(276,075

)

Debts falling due after 1 year

-

(7,101,957

)

(7,101,957

)

-

(7,409,055

)

(7,409,055

)

Total

-

(5,338,375

)

(5,338,375

)

4.	ACQUISITION OF BUSINESS AND RESTRUCTURING

During the year, the Group acquired subsidiaries and undertook a group restructuring. The cash flow impact of these transactions is summaries below:

£

Investment in subsidiaries

8,919,220

Less: cash and cash equivalents acquired on acquisition

762,209

Less: cash transferred as part of group restructuring

943,986

Net cash outflow from acquisition and restructuring

7,213,025

1.	STATUTORY INFORMATION

Mayfair Care Group 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 General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Basis of consolidation

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 for freehold properties, which are measured using the revaluation model.

These are the first consolidated financial statements of the Group prepared under FRS 102.

(i)Subsidiaries

Subsidiaries are all entities (including structured entities) over which the group has control. The group controls an entity where the group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. Subsidiaries are fully consolidated from the date on which control is transferred to the group. They are deconsolidated from the date that control ceases.

The acquisition method of accounting is used to account for business combinations by the Group, while group restructurings are accounted for using merger accounting in accordance with FRS 102.

Inter-company transactions, balances and unrealised gains on transactions between group companies are eliminated. Unrealised losses are also eliminated, unless the transaction provides evidence of an impairment of the transferred asset. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the group.

Non-controlling interests in the results and equity of subsidiaries are shown separately in the consolidated statement of profit or loss, statement of comprehensive income, statement of changes in equity and balance sheet respectively.

(ii)Changes in ownership interests

The group treats transactions with non-controlling interests that do not result in a loss of controls as transactions with equity owners of the group. A change in ownership interest results in an adjustment between the carrying amounts of the controlling and non-controlling interests to reflect their relative interests in the subsidiary. Any difference between the amount of the adjustment to non-controlling interests and any consideration paid or received is recognised in a separate reserve within equity attributable to the ultimate parent company.

When the group ceases to consolidate or equity account for an investment because of a loss of control, joint control or significant influence, any retained interest in the entity is remeasured to its fair value, with the change in carrying amount recognised in profit or loss. This fair value becomes the initial carrying amount for the purposes of subsequently accounting for the retained interest as an associate, joint venture or financial asset. In addition, any amounts previously recognised in other comprehensive income in respect of that entity are accounted for as if the group had directly disposed of the related assets or liabilities. This might mean that amounts previously recognised in other comprehensive income are reclassified to profit or loss.

Turnover

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

Intangible assets

Goodwill/ Negative Goodwill on Consolidation:

Goodwill arising on the acquisition of subsidiary undertakings and businesses, representing any excess of the consideration given over the fair value of the appropriate share of identifiable assets and liabilities acquired, including any intangible assets acquired at acquisition date, is capitalised and written off on a straight-line basis over its useful economic life, which is 10 years in accordance with FRS102. Provision is made for any impairment. After initial recognition, goodwill is stated at historic cost less accumulated amortisation and accumulated impairment provisions.

Negative goodwill is similarly included in the balance sheet and is credited to the profit and loss account in the periods in which the acquired non-monetary assets are recovered through depreciation or sale. Negative goodwill in excess of the fair values of the non-monetary assets acquired is credited to the profit and loss account over the periods expected to benefit.

Purchased goodwill:

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

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 valuation and straight line over 50 years

Plant and machinery - 30% reducing balance

Fixtures and fittings - 25% on reducing balance and 20% on reducing balance

Motor vehicles - 25% on reducing balance and 20% 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 period comprises current and deferred tax. Tax is recognised in the Consolidated 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 period 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 group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The financial statements are prepared on a going concern basis. At the year end the group's current liabilities exceeded its current assets. The directors have reviewed cash flow forecasts and funding and consider that sufficient resources will be available for at least twelve months from approval of these financial statements.

Investment in subsidiaries

Investments in subsidiary undertakings are recognised at cost in parents accounts.

3.	EMPLOYEES AND DIRECTORS

£

Wages and salaries

4,316,381

Social security costs

623,321

Other pension costs

109,524

5,049,226

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

Administration staff

11

Care staff

297

308

The average number of employees by undertakings that were proportionately consolidated during the period was 308 .

£

Directors' remuneration

-

4.	OPERATING PROFIT

The operating profit is stated after charging:

£

Depreciation - owned assets

79,013

Goodwill amortisation

244,433

Auditors' remuneration

45,900

5.

INTEREST PAYABLE AND SIMILAR EXPENSES

£

Bank loan interest

256,963

6.

TAXATION

Analysis of the tax charge

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

£

Current tax:

UK corporation tax

314,596

Adjustment to CT prior year

(53

)

Total current tax

314,543

Deferred tax

(35,514

)

Tax on profit

279,029

7.	INDIVIDUAL INCOME STATEMENT

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.

The loss attributable to the Company is £8,200

8.	INTANGIBLE FIXED ASSETS

Group

Goodwill

£

COST

Additions

4,028,658

Reclassification/transfer

860,000

At 30 June 2025

4,888,658

AMORTISATION

Amortisation for period

244,433

Reclassification/transfer

774,000

At 30 June 2025

1,018,433

NET BOOK VALUE

At 30 June 2025

3,870,225