REGISTERED NUMBER: 06962093 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Monarch Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R A Howell

Ms A J Robinson

REGISTERED OFFICE:

86 Bearwood Road

Smethwick

Birmingham

West Midlands

B66 4HN

REGISTERED NUMBER:

06962093 (England and Wales)

FIXED ASSETS

Intangible assets

4

7,000

8,500

Tangible assets

5

4,421,416

4,574,115

4,428,416

4,582,615

CURRENT ASSETS

Stocks

12,555

12,555

Debtors

6

148,489

76,918

Cash at bank and in hand

267,347

350,518

428,391

439,991

CREDITORS

Amounts falling due within one year

7

(3,150,780

)

(3,839,726

)

NET CURRENT LIABILITIES

(2,722,389

)

(3,399,735

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,706,027

1,182,880

PROVISIONS FOR LIABILITIES

(33,459

)

(33,459

)

NET ASSETS

1,672,568

1,149,421

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,672,468

1,149,321

SHAREHOLDERS' FUNDS

1,672,568

1,149,421

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 4 June 2026 and were signed on its behalf by:

Mrs R A Howell - Director

1.	STATUTORY INFORMATION

Monarch Consultants 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Monarch Consultants Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Monarch Care Group Limited, 2 Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LD.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty 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 each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% 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.

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.

Hire purchase and leasing commitments

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 213 (2024 - 213 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

30,000

AMORTISATION

At 1 April 2024

21,500

Amortisation for year

1,500

At 31 March 2025

23,000

NET BOOK VALUE

At 31 March 2025

7,000

At 31 March 2024

8,500

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

5,715,343

199,295

805,325

106,656

6,826,619

Additions

-

2,996

35,076

1,358

39,430

At 31 March 2025

5,715,343

202,291

840,401

108,014

6,866,049

DEPRECIATION

At 1 April 2024

1,595,496

76,876

509,795

70,337

2,252,504

Charge for year

114,307

18,812

49,591

9,419

192,129

At 31 March 2025

1,709,803

95,688

559,386

79,756

2,444,633

NET BOOK VALUE

At 31 March 2025

4,005,540

106,603

281,015

28,258

4,421,416

At 31 March 2024

4,119,847

122,419

295,530

36,319

4,574,115

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

63,239

38,470

Prepayments

85,250

38,448

148,489

76,918

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

85,162

91,829

Tax

218,302

203,516

Pensions Payable

75,080

130,712

Other creditors

6,754

3,693

Rutland Manor Ltd

-

70,000

Wages control

227,493

275,153

Pension fund

8,989

9,934

Monarch Care Group Ltd

2,129,000

3,019,000

Accrued expenses

-

35,889

Monarch Healthcare - Clifton M

400,000

-

3,150,780

3,839,726

8.	SECURED DEBTS

The overdraft and any other money due, owing or incurred to the bank by the borrower is secured by the following:

1. A debenture from the borrower over all its assets and undertaking.

2. First Legal charge from the borrower over Haddon House Care Home (Park Lodge), 32 - 34 High Street, Clowne, Chesterfield, Derbyshire S43 4JU.

3. First Legal Charge from the borrower over Park Side Nursing Home, Olive Grove, Forest Town, Mansfield, Nottinghamshire NG19 0AR.

4. First Legal Charge from the borrower over Autumn Grange Nursing Home, Linden Road, Creswell, Workshop, Nottinghamshire S80 4JT.

5. A personal guarantee from Angela Bir in respect of obligations of the borrower to the bank.

6. First Legal Charge over Rutland Manor Care Home, 99 - 109 Heanor Road, Ilkeston, Derbyshire DE7 8TA.

9.	RELATED PARTY DISCLOSURES

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party in the year under review was Monarch Care Group Limited. The company was sold on 17 April 2025 and from that date the ultimate controlling entity is RDCP Care Monarch Holdings Limited, a company incorporated in England and Wales.