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Registered number:
FOR THE PERIOD ENDED 31 DECEMBER 2025
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ARCUS CAPITAL (MANAGEMENT) LTD
COMPANY INFORMATION
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ARCUS CAPITAL (MANAGEMENT) LTD
CONTENTS
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ARCUS CAPITAL (MANAGEMENT) LTD
GROUP STRATEGIC REPORT
FOR THE PERIOD ENDED 31 DECEMBER 2025
The director presents the strategic report on the Group for the period ended 31 December 2025.
The primary activity of the Group’s subsidiary undertakings is the operation of care homes and the provision of residential, nursing, and respite care for the elderly. Corporate Restructuring and Group Presentation Following a detailed consideration of restructuring options for the corporate group historically headed by Arcus Capital Ltd (“ACL”), alternatives were recommended and implemented to help the group achieve its commercial objectives for its shareholders. Following this review, in July 2025, the group underwent a corporate restructure whereby Arcus Capital (Management) Ltd became the legal corporate group company heading the care home activities. Consequently, the responsibility for consolidated group reporting transferred to this Company. Although this legal restructure was executed in July 2025, Arcus Capital (Management) Ltd remained inactive in an operational capacity for the remainder of the 2025 financial year. For practical and accounting purposes, the underlying operational group activities stayed with and were executed by ACL throughout the entirety of the 2025 financial year. Effective 1 January 2026, the Company formally assumed full operational direction of the care home activities.
The primary activity of the Group’s subsidiary undertakings is the operation of care homes and the provision of residential, nursing, and respite care for the elderly.
The Group operates two care homes, one in Kent and one in Norfolk. Gross profit for the Group for the year is £3,747,333 and the gross profit margin is 44.3%. Operating profit is £2,131,976. At the Balance Sheet date, the Group had net assets of £9,922,677. The Group maintains a strong Balance Sheet position providing the financial stability to continue to provide quality care and services in the long-term. Operational Factors Affecting the 2025 Financial Year Administrative expenses in 2025 include a one-off impact from the realignment of payroll processing dates across the group. This administrative alignment resulted in a 13-month payroll period being recognized within the financial year for ACL and the Norfolk care home. Properties The care homes are classified as investment properties in the individual accounts of the subsidiaries because they are used by other companies within the Group for use in their operations. However, in these consolidated financial statements, the properties are considered as being held for operational purposes and no longer meet the definition of investment property. Therefore, they are reclassified as freehold property in the consolidated financial statements and valued using the income method for specialist properties.
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ARCUS CAPITAL (MANAGEMENT) LTD
GROUP STRATEGIC REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
The Group continues to monitor and manage costs through efficient supply chain management. The principal risks and uncertainties affecting the Group—specifically regarding Liquidity Risk, Credit Risk, and Health and Safety—as well as the Group's Financial Key Performance Indicators are detailed below:
∙Liquidity risk: The Group manages liquidity risk by budgeting and forecasting cash flows in the short to medium term and monitoring working capital positions monthly. Long-term liquidity is assured through committed funding arrangements to meet foreseeable peak borrowing requirements.
∙Credit risk: To protect itself from credit risk, the Group has implemented policies that require appropriate credit checks on potential customers before new accounts are accepted.
∙Health and safety: The Group provides necessary training and resources (safety equipment and personal protective equipment) to staff to enable them to operate in a safe environment. Compliance is organized and monitored through a dedicated health and safety team across the business. Infection control remains an important and necessary part of the business mitigating risks to the residents and staff, and the Group is confident that the measures in place ensure continued safety and well-being.
The key performance indicators of the Group are turnover, gross profit and occupancy rate. The key performance indicators for the year ended 31 December 2025 are as follows:
∙Turnover: £8,464,418
∙Gross profit: £3,747,333
∙Occupancy rate: 86.7%
The Group recognizes that the care, safety, and well-being of our residents depend entirely on our staff. The Group systematically provides employees with information and training on matters of concern to them as employees. We consult regularly with staff or their representatives, so that their views can be considered in making decisions which are likely to affect their interests. Employee feedback is actively encouraged to drive operational and clinical excellence.
Going Concern
After making appropriate enquiries and reviewing detailed group cash flow forecasts for the next twelve months, the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the consolidated financial statements.
This report was approved by the board and signed on its behalf.
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ARCUS CAPITAL (MANAGEMENT) LTD
DIRECTOR'S REPORT
FOR THE PERIOD ENDED 31 DECEMBER 2025
The director presents his report and the financial statements for the period ended 31 December 2025.
The director is responsible for preparing the Group Strategic Report, the Director's Report and the consolidated financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the director is required to:
∙select suitable accounting policies for the Group's financial statements and then apply them consistently;
∙make judgments 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 Group will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and the Group and to 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.
The profit for the period, after taxation, amounted to £1,171,322.
The Group paid dividends of £155,000 for the period ended 31 December 2025.
The director who served during the period was:
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ARCUS CAPITAL (MANAGEMENT) LTD
DIRECTOR'S REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
The auditors, MA Partners Audit LLP, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board and signed on its behalf.
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ARCUS CAPITAL (MANAGEMENT) LTD
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ARCUS CAPITAL (MANAGEMENT) LTD
We have audited the financial statements of Arcus Capital (Management) Ltd (the 'Parent Company') and its subsidiaries (the 'Group') for the period ended 31 December 2025, which comprise the Consolidated Statement of Comprehensive Income, the Consolidated Analysis of Net Debt, the Consolidated Balance Sheet, the Company Balance Sheet, the Consolidated Statement of Cash Flows, the Consolidated Statement of Changes in Equity, the Company Statement of Changes in Equity 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, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
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 or 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.
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ARCUS CAPITAL (MANAGEMENT) LTD
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ARCUS CAPITAL (MANAGEMENT) LTD (CONTINUED)
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The director is 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. 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 course of 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.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Group Strategic Report and the Director's Report for the financial period for which the financial statements are prepared is consistent with the financial statements; and
∙the Group Strategic Report and the Director's Report have been prepared in accordance with applicable legal requirements.
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 Director's Report.
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ARCUS CAPITAL (MANAGEMENT) LTD
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ARCUS CAPITAL (MANAGEMENT) LTD (CONTINUED)
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 Auditors' 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 Group 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.
Our approach was as follows:
∙We obtained an understanding of the legal and regulatory requirements applicable to the parent Company and the Group and considered that the most significant are the Companies Act 2006, UK financial reporting standards as issued by the Financial Reporting Council, and UK taxation legislation.
∙We obtained an understanding of how the parent Company and the Group complies with these requirements by discussions with management and those charged with governance.
∙We assessed the risk of material misstatement of the financial statements, including the risk of material misstatement due to fraud and how it might occur, by holding discussions with management and those charged with governance.
∙We inquired of management and those charged with governance as to any known instances of non-compliance or suspected non-compliance with laws and regulations.
Based on this understanding, we designed specific appropriate audit procedures to identify instances of non-compliance with laws and regulations. This included making enquiries of management and those charged with governance and obtaining additional corroborative evidence as required.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
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ARCUS CAPITAL (MANAGEMENT) LTD
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ARCUS CAPITAL (MANAGEMENT) LTD (CONTINUED)
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 Auditors' 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 an Auditors' 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.
for and on behalf of
Chartered Accountants
Statutory Auditors
7 The Close
Norfolk
NR1 4DJ
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ARCUS CAPITAL (MANAGEMENT) LTD
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FOR THE PERIOD ENDED 31 DECEMBER 2025
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ARCUS CAPITAL (MANAGEMENT) LTD
REGISTERED NUMBER: 16589875
CONSOLIDATED BALANCE SHEET
AS AT 31 DECEMBER 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 16 to 32 form part of these financial statements.
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ARCUS CAPITAL (MANAGEMENT) LTD
REGISTERED NUMBER: 16589875
COMPANY BALANCE SHEET
AS AT 31 DECEMBER 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 16 to 32 form part of these financial statements.
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