REGISTERED NUMBER: 04161913 (England and Wales)

GROUP STRATEGIC REPORT, REPORT OF THE DIRECTOR AND

CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

Ashdown Care Ltd

Group Accounts

Page

Company information

1

Group strategic report

2

Report of the director

3

Report of the independent auditors

4

Consolidated income statement

8

Consolidated other comprehensive income

9

Consolidated balance sheet

10

Company balance sheet

11

Consolidated statement of changes in equity

12

Company statement of changes in equity

13

Consolidated cash flow statement

14

Notes to the consolidated cash flow statement

15

Notes to the consolidated financial statements

16

DIRECTOR:

A S Pradhan

SECRETARY:

Mrs N Pradhan

REGISTERED OFFICE:

C/O Mcak & Co, 1st Floor,

Princeton Mews

167-169 London Road

Kingston Upon Thames

Surrey

LT2 6PT

REGISTERED NUMBER:

04161913 (England and Wales)

SENIOR STATUTORY AUDITOR:

Rocky Bharj F.C.C.A.

AUDITORS:

TAXAUDIT ACCOUNTANTS LTD

Chartered Certified Accountants

Registered Auditors

The Grange,

1 Central Road,

Morden

SM4 5PQ

The director presents his strategic report of the company and the group for the year ended 30 June 2025.

REVIEW OF BUSINESS

In the opinion of the director, the company has achieved good results of the year under review.

The results and the position of the group are shown in the financial statements. The results at the end of the year and the level of business during the year were satisfactory and the director expects to maintain the level of activity for the foreseeable future.

There have been no events since the balance sheet date that materially affect the financial position of the company.

PRINCIPAL RISKS AND UNCERTAINTIES

Like all Nursling home businesses, Ashdown Care Group faces a number of operating risks and uncertainties. The risk that could impact the group's long term performance and steps are taken to evaluate these in order to

achieve the group's objective of long term sustainable returns.

The fundamental risks faced are compliance with the regulatory requirements, negative publicity if any serious incident were to happen, occupany levels and weekly fee level to maintain profit margins and attracting and retaining good qualified staff.

ON BEHALF OF THE BOARD:

A S Pradhan - Director

29 June 2026

The director presents his report with the financial statements of the company and the group for the year ended 30 June 2025.

PRINCIPAL ACTIVITY

The principal activity of the group in the year under review was that of owning and managing nursing homes.

DIVIDENDS

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

DIRECTOR

A S Pradhan held office during the whole of the period from 1 July 2024 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Group strategic report, the Report of the director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has 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 director must not approve the financial statements unless he is 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 director is 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 director is 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 him to ensure that the financial statements comply with the Companies Act 2006. He is 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 director is 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 he 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

The auditors, TAXAUDIT ACCOUNTANTS LTD, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

A S Pradhan - Director

29 June 2026

Opinion

We have audited the financial statements of Ashdown Care Ltd Group Accounts (the 'parent company') and its subsidiaries (the 'group') for the year 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 year then ended;

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

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

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the 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 director's 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 director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Group strategic report and the Report of the director, 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.

Other matters

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 director 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 director 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 director.

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 director's remuneration specified by law are not made; or

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

Responsibilities of director

As explained more fully in the Statement of director's responsibilities set out on page three, the director is 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 director determines 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 director is 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 director either intends to liquidate the group or the parent company or to cease operations, or has no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: As part of designing our audit, we determined materiality and assessed the risks of material misstatement in the financial statements, including how fraud may occur by enquiring of management of its own consideration of fraud. In particular, we looked at where management made subjective judgements, for example in respect of significant accounting estimates that involved making assumptions and considering future events that are inherently uncertain. We also considered potential financial or other pressures, opportunity and motivations for fraud. As part of this discussion we identified the internal controls established to mitigate risks related to fraud or noncompliance with laws and regulations and how management monitor these processes. Appropriate procedures included the review and testing of manual journals and key estimates and judgements made by management. We gained an understanding of the legal and regulatory framework applicable to the Union and the industry in which it operates, drawing on our broad sector experience, and considered the risk of acts by the Union that were contrary to these laws and regulations, including fraud. We focused on laws and regulations that could give rise to a material misstatement in the financial statements, including, but not limited to, the Trade Union and Labour Relations (Consolidation) Act 1992, UK tax legislation and equivalent local laws and regulations. We made enquiries of management with regards to compliance with the above laws and regulations and corroborated any necessary evidence to relevant information, for example, minutes of the Central Executive Council meetings, minutes of regional meetings held, legal reports provided to the Central Executive Council and correspondence between the Union and its solicitors. We completed a sample of branch audit reviews with a focus on the income, expenditure and cash balances throughout the period to ensure that activities were supported and in line with Union rules and practices. Any unusual findings were raised with the regional secretaries for further investigation. Our tests included agreeing the financial statements disclosures to underlying supporting documentation and enquiries with management. We did not identify any key audit matters relating to irregularities, including fraud. As in all of our audits, we also addressed the risk of management override of internal controls including testing journals and evaluation whether there was evidence of bias by the Central Executive Council that represented a risk of material misstatement due to fraud. Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognizing that 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 by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Councils website at: www.frc.org.uk/auditors responsibilities. This description forms part of our auditor’s report.

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.

Rocky Bharj F.C.C.A. (Senior Statutory Auditor)

for and on behalf of TAXAUDIT ACCOUNTANTS LTD

Chartered Certified Accountants

Registered Auditors

The Grange,

1 Central Road,

Morden

SM4 5PQ

29 June 2026

TURNOVER

10,683,152

10,644,991

Cost of sales

6,700,014

6,326,377

GROSS PROFIT

3,983,138

4,318,614

Administrative expenses

1,786,877

1,685,825

2,196,261

2,632,789

Other operating income

477,066

317,047

OPERATING PROFIT

4

2,673,327

2,949,836

Interest receivable and similar income

74,954

128,702

2,748,281

3,078,538

Interest payable and similar expenses

5

122,022

173,280

PROFIT BEFORE TAXATION

2,626,259

2,905,258

Tax on profit

6

648,212

739,579

PROFIT FOR THE FINANCIAL YEAR

1,978,047

2,165,679

Profit attributable to:

Owners of the parent

1,978,047

2,165,679

PROFIT FOR THE YEAR

1,978,047

2,165,679

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

1,978,047

2,165,679

Total comprehensive income attributable to:

Owners of the parent

1,978,047

2,165,679

FIXED ASSETS

Intangible assets

8

3,501,155

3,501,155

Tangible assets

9

4,551,966

4,501,807

Investments

10

-

-

Investment property

11

883,425

883,425

8,936,546

8,886,387

CURRENT ASSETS

Debtors

12

8,596,695

6,768,618

Cash at bank and in hand

2,181,586

2,427,939

10,778,281

9,196,557

CREDITORS

Amounts falling due within one year

13

2,892,838

3,076,201

NET CURRENT ASSETS

7,885,443

6,120,356

TOTAL ASSETS LESS CURRENT LIABILITIES

16,821,989

15,006,743

CREDITORS

Amounts falling due after more than one year

14

1,645,941

1,808,742

NET ASSETS

15,176,048

13,198,001

CAPITAL AND RESERVES

Called up share capital

17

600

600

Retained earnings

18

15,175,448

13,197,401

SHAREHOLDERS' FUNDS

15,176,048

13,198,001

The financial statements were approved by the director and authorised for issue on 29 June 2026 and were signed by:

A S Pradhan - Director

FIXED ASSETS

Intangible assets

8

-

-

Tangible assets

9

3,385,058

3,353,846

Investments

10

3,503,155

3,503,155

Investment property

11

883,425

883,425

7,771,638

7,740,426

CURRENT ASSETS

Debtors

12

7,219,732

6,277,698

Cash at bank and in hand

2,106,797

2,328,919

9,326,529

8,606,617

CREDITORS

Amounts falling due within one year

13

2,553,147

3,370,882

NET CURRENT ASSETS

6,773,382

5,235,735

TOTAL ASSETS LESS CURRENT LIABILITIES

14,545,020

12,976,161

CREDITORS

Amounts falling due after more than one year

14

1,618,163

1,774,946

NET ASSETS

12,926,857

11,201,215

CAPITAL AND RESERVES

Called up share capital

17

600

600

Retained earnings

18

12,926,257

11,200,615

SHAREHOLDERS' FUNDS

12,926,857

11,201,215

Company's profit for the financial year

1,725,642

2,048,949

The financial statements were approved by the director and authorised for issue on 26 June 2026 and were signed by:

A S Pradhan - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 July 2023

600

11,031,722

11,032,322

Changes in equity

Total comprehensive income

-

2,165,679

2,165,679

Balance at 30 June 2024

600

13,197,401

13,198,001

Changes in equity

Total comprehensive income

-

1,978,047

1,978,047

Balance at 30 June 2025

600

15,175,448

15,176,048

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 July 2023

600

9,151,666

9,152,266

Changes in equity

Total comprehensive income

-

2,048,949

2,048,949

Balance at 30 June 2024

600

11,200,615

11,201,215

Changes in equity

Total comprehensive income

-

1,725,642

1,725,642

Balance at 30 June 2025

600

12,926,257

12,926,857

Cash flows from operating activities

Cash generated from operations

1

2,447,700

(2,055,070

)

Interest paid

(122,022

)

(173,280

)

Tax paid

(1,113,398

)

(687,199

)

Net cash from operating activities

1,212,280

(2,915,549

)

Cash flows from investing activities

Purchase of tangible fixed assets

(206,197

)

(147,422

)

Interest received

74,954

128,702

Net cash from investing activities

(131,243

)

(18,720

)

Cash flows from financing activities

Amount introduced by directors

-

(644

)

Amount withdrawn by directors

(120,319

)

-

Loans advanced

(1,207,071

)

1,526,066

Net cash from financing activities

(1,327,390

)

1,525,422

Decrease in cash and cash equivalents

(246,353

)

(1,408,847

)

Cash and cash equivalents at beginning of year

2

2,427,939

3,836,786

Cash and cash equivalents at end of year

2

2,181,586

2,427,939

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

30.6.25

30.6.24

£

£

Profit before taxation

2,626,259

2,905,258

Depreciation charges

156,037

131,331

Finance costs

122,022

173,280

Finance income

(74,954

)

(128,702

)

2,829,364

3,081,167

Increase in trade and other debtors

(378,682

)

(3,124,808

)

Decrease in trade and other creditors

(2,982

)

(2,011,429

)

Cash generated from operations

2,447,700

(2,055,070

)

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:

Year ended 30 June 2025

30.6.25

1.7.24

£

£

Cash and cash equivalents

2,181,586

2,427,939

Year ended 30 June 2024

30.6.24

1.7.23

£

£

Cash and cash equivalents

2,427,939

3,836,786

3.	ANALYSIS OF CHANGES IN NET FUNDS/(DEBT)

At 1.7.24

Cash flow

At 30.6.25

£

£

£

Net cash

Cash at bank and in hand

2,427,939

(246,353

)

2,181,586

2,427,939

(246,353

)

2,181,586

Debt

Debts falling due within 1 year

(819,078

)

212,834

(606,244

)

Debts falling due after 1 year

(1,593,742

)

283,489

(1,310,253

)

(2,412,820

)

496,323

(1,916,497

)

Total

15,119

249,970

265,089

1.	STATUTORY INFORMATION

Ashdown Care Ltd Group Accounts 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

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Transactions between group entities which have been eliminated on consolidation are not disclosed within 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2001, 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

-

1% on cost

Improvements to property

-

1% on cost

Plant and machinery

-

25% on reducing balance and 15% on reducing balance

Fixtures and fittings

-

25% on reducing balance and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment properties are stated at fair value.

Taxation

Taxation for the year 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 year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The 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.

3.	EMPLOYEES AND DIRECTORS

30.6.25

30.6.24

£

£

Wages and salaries

5,767,509

5,452,150

Social security costs

525,762

432,575

Other pension costs

88,208

75,967

6,381,479

5,960,692

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

30.6.25

30.6.24

Administration,management & finance

12

12

Care & Nursing

199

199

Kitchen & other services

40

39

251

250

The average number of employees by undertakings that were proportionately consolidated during the year was 251 (2024 - 250 ) .

30.6.25

30.6.24

£

£

Director's remuneration

-

-

4.	OPERATING PROFIT

The operating profit is stated after charging:

30.6.25

30.6.24

£

£

Depreciation - owned assets

156,038

124,087

Goodwill amortisation

-

7,245

Audit fees

20,800

18,000

5.

INTEREST PAYABLE AND SIMILAR EXPENSES

30.6.25

30.6.24

£

£

Bank loan interest

122,022

173,280

6.

TAXATION

Analysis of the tax charge

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

30.6.25

30.6.24

£

£

Current tax:

UK corporation tax

648,212

739,579

Tax on profit

648,212

739,579

UK corporation tax has been charged at 25 % .

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.

8.	INTANGIBLE FIXED ASSETS

Group

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

5,522,103

AMORTISATION

At 1 July 2024

and 30 June 2025

2,020,948

NET BOOK VALUE

At 30 June 2025

3,501,155

At 30 June 2024

3,501,155