Kidderminster Care Limited

	Page
Strategic Report	1
Directors' Report	2
Independent Auditor's Report	3—5
Consolidated Statement of Comprehensive Income	6
Consolidated Balance Sheet	7
Company Balance Sheet	8
Consolidated Statement of Changes in Equity	9
Company Statement of Changes in Equity	10
Consolidated Cash Flow Statement	11
Notes to the Consolidated Cash Flow Statement	12
Notes to the Financial Statements	13—21

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

Principal Activity

The group's principal activity continues to be that of the operation of nursing and residential care homes for the elderly.

Review of the Business

During the year, resident occupancy levels were maintained above 90%. The resultant group turnover was £3,753,710 (2024: £3,600,477), this representing growth of 4.3%. Increasing wages and national insurance costs led to a gross margin of 35.8% (2024: 36.5%), which was slightly behind the prior year. Increases in the minimum wage and national insurance rates are providing continued challenge, but these have been carefully managed. The group’s pretax profit was £834,777 (2024: £912,131). Recruitment and retention of appropriately trained staff remains a key long-term challenge for the business and the industry as a whole. However, management remains confident that the group’s success will continue.

Principal Risks and Uncertainties

The group is regulated by the Care Quality Commission (CQC). When operating within such a regulated industry the introduction of new regulations and a failure to meet existing regulations are a key risk. To mitigate this risk, the management team ensures that care staff receive appropriate training and ongoing performance evaluations, which meet the standards required by Government regulations. All systems and procedures are focused on care quality improvements and the monitoring of performance. This in turn, focuses the group on the level of care provided to the residents.

The group’s turnover is derived largely from publicly funded Local Authorities. The group expects continued reliance on the ability and willingness of these bodies to pay for the care of residents. There is a risk that budget constraints or the allocation of resources to alternative public services, might cause such bodies to reduce their funding of nursing and residential care. The group endeavours to keep well informed of future and proposed legislative changes. Compliance with regulatory changes remains a risk, together with the cost impact of such changes. The group utilises the services of an external consultant to carry out regular internal reviews at each care home to ensure compliance with CQC guidelines.

Future Developments

The Directors’ strategic focus is to maintain the high levels of care upon which the group’s success is built. An expansion to new locations might be considered if the right opportunity arose, but in the medium term maintaining the current high levels of care is considered to be the key success factor.

Dividends

The value of dividends paid amounted to £80,000 (2024: £100,000)

On behalf of the board

Mr K S Pawar

Director

2 July 2026

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Kidderminster Care Limited

Company No. 04069308

Directors' Report For The Year Ended 31 December 2025

Directors' Report

The directors present their report and the financial statements for the year ended 31 December 2025.

Directors

The directors who held office during the year were as follows:

Mr S S Pawar

Mr K S Pawar

Post Balance Sheet Events

There are no events that have occurred since the reporting date that need to be disclosed or adjusted for in these financial statements.

Matters covered in the Strategic Report

Disclosures required under s416(4) of the Companies Act 2006 are commented upon in the Strategic Report as the directors consider them to be of strategic importance to the business.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Strategic Report, the Directors' Report 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, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', 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 the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
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 and 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. The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Directors' Report is approved:

so far as the director is aware, there is no relevant audit information of which the company and group's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company and group's auditors are aware of that information.

Independent Auditors

The auditors, Harrison Partners Limited, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

Mr K S Pawar

Director

2 July 2026

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Independent Auditor's Report

to the Members of

Kidderminster Care Limited

Independent Auditor's Report

Opinion

We have audited the financial statements of Kidderminster Care Limited (the "parent company") and its subsidiaries (the "group") for the year ended 31 December 2025 which comprise the Consolidated Statement of Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes of Equity, Company Statement of Changes of Equity, Consolidated Cash Flow Statement and the related notes, 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 (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the group's and of the parent company's affairs as at 31 December 2025 and of the group's profit/(loss) 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 Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent 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 group and parent company's ability to continue as a going concern for a period of at least 12 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 other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. 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 Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements.

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Independent Auditor's Report (continued)

to the Members of

Kidderminster Care Limited

Matters on Which We Are Required to Report by Exception

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

We have nothing to report in respect of the following matters in relation to which 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 or 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 Directors' Responsibilities Statement set out on page 2, 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 is 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 and 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.

Auditor's 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 an auditor's report 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. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We designed procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. We identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the care sector. We focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, UK GAAP including FRS 102 and the requirements of the Care Quality Commission. We assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting Care Quality Commission documentation. Moreover, the identified laws and regulations were communicated to the audit team, who remained alert to instances of non-compliance throughout the audit. We also assessed the susceptibility of the company's financial statements to material misstatement by making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual or suspected frauds and through a consideration of the internal controls that might mitigate the risk of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bias and the override of controls, we performed substantive testing of material balance sheet assets and liabilities, plus directional testing of revenue, expenses and payroll. We also reviewed the results of independent Care Quality Commission reports. There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment, forgery, collusion or misrepresentation.

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

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 that we are required to state to them in an auditor's report 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.

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Independent Auditor's Report (continued)

to the Members of

Kidderminster Care Limited

Neil Harrison (Senior Statutory Auditor)

for and on behalf of Harrison Partners Limited , Statutory Auditor

2 July 2026

Harrison Partners Limited

Masonic Building

9 Mill Street

Sutton Coldfield

B72 1TJ

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Kidderminster Care Limited

Consolidated Statement of Comprehensive Income

For The Year Ended 31 December 2025

Consolidated Statement of Comprehensive Income

		2025	2024
	Notes	£	£
TURNOVER	3	3,753,710	3,600,477
Cost of sales		(2,411,309 )	(2,285,040 )

GROSS PROFIT		1,342,401	1,315,437

Administrative expenses		(596,871 )	(564,222 )
Other operating income		-	30,960

OPERATING PROFIT	5	745,530	782,175
Other interest receivable and similar income	10	89,247	129,956

PROFIT BEFORE TAXATION		834,777	912,131
Tax on Profit	11	(216,606 )	(234,116 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT		618,171	678,015
OTHER COMPREHENSIVE INCOME FOR THE YEAR		-	-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT		618,171	678,015

The notes on pages 12 to 21 form part of these financial statements.

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Kidderminster Care Limited

Consolidated Balance Sheet

As At 31 December 2025

Consolidated Balance Sheet

Registered number: 04069308

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	13		2,903,954		2,946,633

			2,903,954		2,946,633
CURRENT ASSETS
Stocks	15	1,000		1,000
Debtors	16	202,041		219,903
Cash at bank and in hand		4,351,971		3,979,014

		4,555,012		4,199,917
Creditors: Amounts Falling Due Within One Year	17	(688,298 )		(913,768 )

NET CURRENT ASSETS (LIABILITIES)			3,866,714		3,286,149

TOTAL ASSETS LESS CURRENT LIABILITIES			6,770,668		6,232,782

PROVISIONS FOR LIABILITIES
Deferred Taxation	18		(12,767 )		(13,052 )

NET ASSETS			6,757,901		6,219,730

CAPITAL AND RESERVES
Called up share capital	20		4		4
Profit and Loss Account			6,757,897		6,219,726

SHAREHOLDERS' FUNDS			6,757,901		6,219,730

On behalf of the board

Mr K S Pawar

Director

2 July 2026

The notes on pages 12 to 21 form part of these financial statements.

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Kidderminster Care Limited

Company Balance Sheet

As At 31 December 2025

Company Balance Sheet

Registered number: 04069308

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	13		2,131,440		2,171,617
Investments	14		659,014		659,014

			2,790,454		2,830,631
CURRENT ASSETS
Stocks	15	1,000		1,000
Debtors	16	316,352		369,146
Cash at bank and in hand		3,919,053		3,494,761

		4,236,405		3,864,907
Creditors: Amounts Falling Due Within One Year	17	(610,442 )		(766,004 )

NET CURRENT ASSETS (LIABILITIES)			3,625,963		3,098,903

TOTAL ASSETS LESS CURRENT LIABILITIES			6,416,417		5,929,534

PROVISIONS FOR LIABILITIES
Deferred Taxation	18		(9,107 )		(9,052 )

NET ASSETS			6,407,310		5,920,482

CAPITAL AND RESERVES
Called up share capital	20		4		4
Profit and Loss Account			6,407,306		5,920,478

SHAREHOLDERS' FUNDS			6,407,310		5,920,482

In accordance with section 408(3) of the Companies Act 2006, the company has not presented its own profit and loss account and the related notes. The company's profit for the year was £ 566,828 (2024: £ 622,235 profit).

On behalf of the board

Mr K S Pawar

Director

2 July 2026

The notes on pages 12 to 21 form part of these financial statements.

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Kidderminster Care Limited

Consolidated Statement of Changes in Equity

For The Year Ended 31 December 2025

Consolidated Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 January 2024	4	5,641,711	5,641,715
Profit for the year and total comprehensive income	-	678,015	678,015

Dividends paid	-	(100,000)	(100,000)

As at 31 December 2024 and 1 January 2025	4	6,219,726	6,219,730


Profit for the year and total comprehensive income	-	618,171	618,171

Dividends paid	-	(80,000)	(80,000)

As at 31 December 2025	4	6,757,897	6,757,901

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Kidderminster Care Limited

Company Statement of Changes in Equity

For The Year Ended 31 December 2025

Company Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 January 2024	4	5,398,243	5,398,247
Profit for the year and total comprehensive income	-	622,235	622,235

Dividends paid	-	(100,000)	(100,000)

As at 31 December 2024 and 1 January 2025	4	5,920,478	5,920,482


Profit for the year and total comprehensive income	-	566,828	566,828

Dividends paid	-	(80,000)	(80,000)

As at 31 December 2025	4	6,407,306	6,407,310

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Kidderminster Care Limited

Consolidated Cash Flow Statement

For The Year Ended 31 December 2025

Consolidated Cash Flow Statement

		2025	2024
	Notes	£	£
Cash flows from operating activities
Net cash generated from operations	1	693,227	1,311,898
Tax paid		(234,647 )	(207,086 )

Net cash generated from operating activities		458,580	1,104,812

Cash flows from investing activities
Purchase of tangible assets		-	(7,413 )
Grants received		-	30,960
Interest received		89,247	129,956

Net cash generated from investing activities		89,247	153,503

Cash flows from financing activities
Equity dividends paid		(80,000 )	(100,000 )
Amount introduced by directors		-	33,640
Amount withdrawn by directors		(94,870)	-

Net cash used in financing activities		(174,870 )	(66,360 )



Increase in cash and cash equivalents		372,957	1,191,955
Cash and cash equivalents at beginning of year	2	3,979,014	2,787,059

Cash and cash equivalents at end of year	2	4,351,971	3,979,014

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Kidderminster Care Limited

Notes to the Consolidated Cash Flow Statement

For The Year Ended 31 December 2025

Notes to the Consolidated Cash Flow Statement

1. Reconciliation of profit for the financial year to cash generated from operations

	2025	2024
	£	£
Profit for the financial year	618,171	678,015
Adjustments for:
Tax on profit	216,606	234,116
Interest income	(89,247 )	(129,956 )
Depreciation of tangible assets	42,679	44,323
Grant income	-	(30,960)
Movements in working capital:
Decrease in trade and other debtors	17,862	325,771
(Decrease)/increase in trade and other creditors	(112,844 )	190,589

Net cash generated from operations	693,227	1,311,898

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	2025	2024
	£	£
Cash at bank and in hand	4,351,971	3,979,014

3. Analysis of changes in net funds

	As at 1 January 2025	Cash flows	As at 31 December 2025
	£	£	£
Cash at bank and in hand	3,979,014	372,957	4,351,971

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Kidderminster Care Limited

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

Kidderminster Care Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04069308 . The registered office is Masonic Building , 9 Mill Street, Sutton Coldfield, B72 1TJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Basis Of Consolidation

The group consolidated financial statements include the financial statements of the company and its subsidiary undertaking made up to 31 December 2025. A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities. Where the group owns less than 50% of the voting powers of an entity but controls the entity by virtue of an agreement with other investors which give it control of the financial and operating policies of the entity, it accounts for that entity as a subsidiary.

2.3. Going Concern Disclosure

The financial statements have been prepared on a going concern basis, which assumes that the Company will continue in operational existence for the foreseeable future. The directors have considered the working capital requirements for a period of 12 months from the date of this report and have concluded that there are no material uncertainties that may cast significant doubt on the Company’s ability to continue as a going concern.

2.4. Significant judgements and estimations

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. The judgements that management has made in the process of applying the group's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows:

Valuation of the group's investment property

In respect of the valuation of the group's investment property, management appointed an independent expert to provide a valuation

using the comparable method. This method examines the prices of similar premises sold within the locations.

2.5. Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the group's activities. The group recognises revenue when the amount of the revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the group's activities. Revenue from the provision of care services is recognised as delivered, with reference to the number of days care and accommodation provided to each resident.

Rental income is recognised on a straight‑line basis over the period of the lease. Income is recognised only when it is probable that economic benefits will flow to the company and the amount can be measured reliably.

2.6. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% Straight line
Fixtures & Fittings	10% - 15% Reducing balance
Computer Equipment	25% Reducing balance

Depreciation methods, useful lives and residual values are reviewed if there is an indication of a significant change since the last reporting date in the pattern by which the Company expects to consume an asset's future economic benefits. The carrying value of tangible fixed assets is reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable. Any impairment in the value is charged to income.

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Kidderminster Care Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.7. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the group. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.8. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value.

2.9. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.10. Taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for

them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.11. Pensions

The group operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.12. Debtors and creditors due within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Statement of Comprehensive Income.

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Kidderminster Care Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

3. Turnover

Analysis of turnover by class of business is as follows:

	2025	2024
	£	£
Provision of services	3,688,710	3,535,477
Rental income from investment property	65,000	65,000

	3,753,710	3,600,477

Analysis of turnover by geographical market is as follows:

	2025	2024
	£	£
United Kingdom	3,753,710	3,600,477

	3,753,710	3,600,477

4. Other Operating Income

	2025	2024
	£	£
Grant income	-	30,960

	-	30,960

5. Operating Profit

The operating profit is stated after charging:

	2025	2024
	£	£
Operating lease rentals	-	9,710
Depreciation of tangible fixed assets	42,679	44,323

6. Auditor's Remuneration

Remuneration received by the group's auditors and their associates during the year was as follows:

	2025	2024
	£	£
Audit Services
Audit of the group and company's financial statements	7,000	7,500


Other Services
Audit-related assurance services	4,600	4,890
Taxation compliance service	360	360
Other non-audit services	1,200	1,380

	6,160	6,630

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Kidderminster Care Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Wages and salaries	2,067,394	1,941,307	2,067,394	1,941,307
Social security costs	219,350	152,289	219,350	152,289
Other pension costs	99,707	106,274	99,707	106,274

	2,386,451	2,199,870	2,386,451	2,199,870

8. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	Group		Company
	2025	2024	2025	2024
Office and administration	5	5	5	5
Care and support staff	101	95	101	95

	106	100	106	100

9. Directors' remuneration

	2025	2024
	£	£
Emoluments	114,818	107,671
Company contributions to money purchase pension schemes	66,000	74,514

	180,818	182,185

10. Interest Receivable and Similar Income

	2025	2024
	£	£
Bank interest receivable	89,247	129,956

11. Tax on Profit

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

	Tax Rate		2025	2024
	2025	2024	£	£
Current tax
UK Corporation Tax	24.7%	24.7%	216,976	234,647
Prior period adjustment			(85 )	-

			216,891	234,647
Deferred Tax
Deferred taxation			(285 )	(531 )


Total tax charge for the period			216,606	234,116

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Kidderminster Care Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:

	2025	2024
	£	£
Profit before tax	834,777	912,131

Tax on profit at 24.7% (UK standard rate)	206,222	225,087
Goodwill/depreciation not allowed for tax	10,541	10,962
Expenses not deductible for tax purposes	2,063	1,914
Capital allowances	(1,592 )	(3,316 )
Short term timing differences	(285 )	(531 )
Prior period adjustment	(85 )	-
Difference in tax rates	(258 )	-

Total tax charge for the period	216,606	234,116

12. Intangible Assets

Group

	Goodwill
	£
Cost
As at 1 January 2025	1,026,644

As at 31 December 2025	1,026,644

Amortisation
As at 1 January 2025	1,026,644

As at 31 December 2025	1,026,644

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

Company

	Goodwill
	£
Cost
As at 1 January 2025	366,000

As at 31 December 2025	366,000

Amortisation
As at 1 January 2025	366,000

As at 31 December 2025	366,000

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

Page 17

Page 18

Kidderminster Care Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

13. Tangible Assets

Group

	Land & Property
	Freehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	3,311,981	491,332	42,044	3,845,357

As at 31 December 2025	3,311,981	491,332	42,044	3,845,357

Depreciation
As at 1 January 2025	427,801	442,592	28,331	898,724
Provided during the period	33,190	6,061	3,428	42,679

As at 31 December 2025	460,991	448,653	31,759	941,403

Net Book Value
As at 31 December 2025	2,850,990	42,679	10,285	2,903,954

As at 1 January 2025	2,884,180	48,740	13,713	2,946,633

Land and property includes a freehold investment property. It is held at the current fair value of £750,000 (2024: £750,000). This property was valued in April 2024 by Mr G B Forbes, MRICS (an independent valuer) at £750,000. The directors made their own assessment and this confirmed that the valuation remains applicable to 31 December 2025, there having been no material fluctuations in the local market.

Company

	Land & Property
	Freehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	2,561,981	219,625	42,044	2,823,650

As at 31 December 2025	2,561,981	219,625	42,044	2,823,650

Depreciation
As at 1 January 2025	427,801	195,901	28,331	652,033
Provided during the period	33,190	3,559	3,428	40,177

As at 31 December 2025	460,991	199,460	31,759	692,210

Net Book Value
As at 31 December 2025	2,100,990	20,165	10,285	2,131,440

As at 1 January 2025	2,134,180	23,724	13,713	2,171,617

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Kidderminster Care Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

14. Investments

Company

	Subsidiaries
	£
Cost or Valuation
As at 1 January 2025	659,014

As at 31 December 2025	659,014

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	659,014

As at 1 January 2025	659,014

Subsidiaries

Details of the group's subsidiaries as at 31 December 2025 are as follows:

Name of undertaking	Registered Office	Class of shares held	Direct holding	Indirect holding
P.A.R. Nursing Homes Limited	Masonic Building, 9 Mill Street, Sutton Coldfield, West Midlands, B72 1TJ	Ordinary	100.00%	-

The aggregate capital and reserves and the result for the year of the subsidiaries listed above was as follows:

	Capital and Reserves	Profit/(loss)
	£	£
P.A.R. Nursing Homes Limited	1,009,605	51,343

15. Stocks

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Stock	1,000	1,000	1,000	1,000

16. Debtors

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Due within one year
Trade debtors	124,362	189,401	124,362	189,401
Prepayments and accrued income	33,052	29,632	31,831	28,441
Other debtors	44,627	870	1,870	870
Amounts owed by subsidiaries	-	-	158,289	150,434

	202,041	219,903	316,352	369,146

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Kidderminster Care Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

17. Creditors: Amounts Falling Due Within One Year

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Trade creditors	21,216	79,105	21,216	79,105
Corporation tax	217,025	234,781	205,112	221,243
Other taxes and social security	54,518	43,829	54,518	43,829
Other creditors	133,626	198,504	72,333	69,468
Accruals and deferred income	190,427	191,193	185,777	186,003
Directors' loan accounts	71,486	166,356	71,486	166,356

	688,298	913,768	610,442	766,004

18. Deferred Taxation

The provision for deferred tax is made up as follows:

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Other timing differences	12,767	13,052	9,107	9,052

19. Provisions for Liabilities

Group
	Deferred Tax	Total
	£	£
As at 1 January 2025	13,052	13,052
Utilised	(285 )	(285)

Balance at 31 December 2025	12,767	12,767

Company
	Deferred Tax	Total
	£	£
As at 1 January 2025	9,052	9,052
Deferred taxation	55	55

Balance at 31 December 2025	9,107	9,107

20. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
4 Ordinary Shares of £ 1.00 each	4	4

21. Pension Commitments

The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. During the year the charge to profit or loss in respect of defined contribution schemes was £99,707 (2024: £106,274). At the balance sheet date contributions of £NIL were due to the fund and are included in creditors.

Page 20

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Kidderminster Care Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

22. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	80,000	100,000

23. Related Party Disclosures

Mr K S Pawar and Mr S S Pawar the directors of the company each hold 25% of the share capital. During the year they received dividends of £20,000 (2024: £25,000) each.

Within other creditors are amounts of £62,217 (2024: £42,217) and £nil (2024: £17,472) due to the shareholders A Pawar and D Dhami respectively.

Within other debtors is an amount of £42,757 owed by Pooltown Care Limited, a company controlled by close family members of the directors and shareholders. During the year the group charged rent amounting to £65,000 (2024: £65,000) to Pooltown Care Limited under normal trade terms.

Page 21