Company Registration No. 10255465 (England and Wales)
DIGNUS GROUP LIMITED
CONSOLIDATED ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
DIGNUS GROUP LIMITED
COMPANY INFORMATION
DIRECTOR
Mr S S Sandhu
COMPANY NUMBER
10255465
REGISTERED OFFICE
19 Highfield Road
Edgbaston
Birmingham
B15 3BH
AUDITOR
JW Hinks LLP
19 Highfield Road
Edgbaston
Birmingham
B15 3BH
DIGNUS GROUP LIMITED
CONTENTS
PAGE
Strategic report
1 - 3
Director's report
4 - 6
Director's responsibilities statement
7
Independent auditor's report
8 - 10
Group statement of comprehensive income
11
Group balance sheet
12
Company balance sheet
13
Group statement of changes in equity
14
Company statement of changes in equity
15
Group statement of cash flows
16
Notes to the financial statements
17 - 33
DIGNUS GROUP LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 OCTOBER 2025
- 1 -

The director presents the strategic report for the year ended 31 October 2025.

REVIEW OF THE BUSINESS

The principal activity of the group during the financial period was the provision of specialist care and support services to individuals with learning disabilities, mental health conditions and other complex needs. The group delivers person-centred care across residential and supported living services, supporting individuals to achieve greater independence, wellbeing and quality of life.

 

The group is committed to delivering safe, effective and compassionate care whilst maintaining compliance with relevant regulatory standards and continuously improving service quality.

 

During the financial period, the group continued to operate in a challenging environment across the health and social care sector, with sustained demand for specialist services. The group focused on maintaining high standards of care, regulatory compliance and safeguarding, while continuing to invest in its workforce and service delivery.

 

The group’s performance has been generally in line with the director’s expectations for the period.

 

There has been no material change in the operation or the services offered.

 

The key financial performance indicators are those that communicate the financial performance and strength of the group as a whole, these being turnover and operating profit.

 

Turnover and operating profit of the group were as follows:.

 

     2025          2024

     £         £

Turnover          18,128,715     15,497,876

Operating profit     3,527,659 2,000,798

 

 

PRINCIPAL RISKS AND UNCERTAINTIES

The principal risks and uncertainties facing the group include:

 

•    recruitment and retention of suitably qualified employees;

•    regulatory compliance and safeguarding requirements;

•    inflationary pressures and cost escalation;

•    funding arrangements with local authorities and integrated care systems;

•    maintaining occupancy and service utilisation levels;

•    cybersecurity and data protection risks;

 

The director regularly reviews these risks and maintains appropriate systems of internal control to mitigate their potential impact.

OUTLOOK

Climate-Related Matters

 

The group recognises that climate change presents both risks and opportunities, including potential impacts on operating costs, energy consumption and service continuity.

 

Although the group’s operations are not considered highly carbon intensive, it remains committed to reducing its environmental impact where practicable. Measures include improving energy efficiency across properties, reducing waste, increasing recycling, and considering environmental factors in procurement and capital investment decisions.

 

The group continues to monitor developments in climate-related regulation and reporting requirements. Climate-related risks are considered as part of the group’s risk management framework. Based on current assessment, these risks are not considered to have a material impact on the group’s going concern status over the foreseeable future.

DIGNUS GROUP LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 2 -

Engagement with Employees

The group employed an average of 349 employees during the financial period. Employees are central to the delivery of high-quality care, and the company places significant importance on engagement, communication and development.

 

Employees are engaged through regular supervision, team meetings, appraisals, learning and development programmes and internal communications. Feedback is actively encouraged and used to improve service delivery and working practices. Dignus launched its Employee Forum during 2025.

 

The group is committed to providing a safe, supportive and inclusive working environment. Investment continues in recruitment, training, wellbeing and professional development to support retention and career progression.

 

Engagement with People we Support, Families and Commissioners

The group maintains regular engagement with people we support, their families, advocates, local authorities and NHS commissioning bodies. Feedback is obtained through care reviews, meetings, surveys and complaints procedures.

 

This feedback is used to drive continuous improvement in service quality and ensure that care remains responsive to individual needs and preferences. The group also maintains constructive relationships with regulators to ensure ongoing compliance and service quality.

 

Engagement with Suppliers

The group values its relationships with suppliers and seeks to maintain fair, transparent and collaborative partnerships.

 

Supplier performance is monitored in relation to quality, reliability and value for money. The group aims to ensure timely payment in accordance with agreed terms and engages with suppliers to support operational continuity and service quality.

 

Where appropriate, environmental and ethical considerations are taken into account in procurement decisions.

 

Disabled Employees

The group is committed to equality of opportunity for all employees and applicants for employment, including those with disabilities. Employment decisions are based on merit, qualifications and ability.

 

Applications from disabled persons are considered fairly and without discrimination. Where employees become disabled during employment, the group seeks to continue their employment wherever reasonably practicable, making appropriate adjustments, retraining or redeployment where required.

 

The group also aims to ensure that disabled employees have access to training, development and promotion opportunities on an equal basis with other employees, subject to reasonable adjustments where necessary.

 

Dignus is a Disability Confident employer.

 

Future Outlook

The group remains confident in the long-term demand for specialist care services and the group’s ability to continue delivering high-quality care.

 

Key priorities include maintaining service quality, supporting and developing the workforce, managing cost pressures, investing in facilities and systems, and ensuring ongoing compliance with regulatory requirements.

 

The group will continue to adapt to changes in the regulatory, economic and commissioning environment to ensure long-term sustainability.

SECTION 172 STATEMENT
Promoting the success of the group

The director has acted in the way they consider, in good faith, would be most likely to promote the success of the group for the benefit of its members as a whole, having regard to the matters set out in section 172(1) of the Companies Act 2006.

 

In making decisions, the director considers the long-term consequences of actions, the interests of employees, people we support, commissioners, suppliers, regulators and the wider community. The director seeks to balance stakeholder needs with the long-term sustainability and financial stability of the group.

DIGNUS GROUP LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 3 -

On behalf of the board

Mr S S Sandhu
DIRECTOR
13 July 2026
DIGNUS GROUP LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 OCTOBER 2025
- 4 -

The director presents his annual report and financial statements for the year ended 31 October 2025.

PRINCIPAL ACTIVITIES

The principal activity of the company was that of a holding company heading a number of trading subsidiaries. The principal activities of the group are to provide high quality specialist services.

RESULTS AND DIVIDENDS

The results for the year are set out on page 11.

Ordinary dividends were paid amounting to £200,000. The director does not recommend payment of a further dividend.

DIRECTOR

The director who held office during the year and up to the date of signature of the financial statements was as follows:

Mr S S Sandhu
DISABLED PERSONS

Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concerned. In the event of members of staff becoming disabled, every effort is made to ensure that their employment within the company continues and that the appropriate training is arranged. It is the policy of the company that the training, career development and promotion of disabled persons should, as far as possible, be identical to that of other employees. Dignus is recognised as a Disability Confident Committed employer.

EMPLOYEE INVOLVEMENT

The company's policy is to consult and discuss with employees, through meetings and written communication, matters likely to affect employees' interests.

 

Information about matters of concern to employees is given through an annual ‘Town Hall’, line manager briefings, a group newsletter and direct e-mails which seek to achieve a common awareness on the part of all employees of the financial and economic factors affecting the company's performance.

 

The employees are fundamental to the delivery the company's plans. The health, safety and wellbeing of our employees is one of our primary considerations in the way we go about business.

 

AUDITOR

In accordance with the company's articles, a resolution proposing that JW Hinks LLP be reappointed as auditor of the group will be put at a General Meeting.

ENERGY AND CARBON REPORT

The scope of energy use included in the report is electricity, gas, diesel and petrol. All the energy data relates to UK emissions as the group does not trade overseas.

 

We have followed the methodologies of the GHG Reporting Protocol – Reporting Standard (2022) – in the calculation of our emissions and energy consumption.

 

The total consumption (kWh) and emissions (tCO2e) for the period was:

DIGNUS GROUP LIMITED
DIRECTOR'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 5 -
2025
2024
Energy consumption
kWh
kWh
Aggregate of energy consumption in the year
- Gas combustion
2,210,425
-
- Electricity purchased
373,025
-
- Fuel consumed for transport
60,624
-
2,644,074
-
2025
2024
Emissions of CO2 equivalent
metric tonnes
metric tonnes
Scope 1 - direct emissions
- Gas combustion
951.00
-
- Fuel consumed for owned transport
10.00
-
961.00
-
Scope 2 - indirect emissions
- Electricity purchased
144.00
-
Scope 3 - other indirect emissions
- Fuel consumed for transport not owned by the group
-
-
Total gross emissions
1,105.00
-
Intensity ratio
Tonnes CO2e per full-time employee
3.17
Quantification and reporting methodology

The group has followed the 2019 HM Government Environmental Reporting Guidelines. The group has also used the GHG Reporting Protocol – Corporate Standard and have used the 2020 UK Government’s Conversion Factors for Company Reporting

Intensity measurement

The chosen intensity measurement ratio is total gross emissions in metric tonnes CO2e per employee.

Measures taken to improve energy efficiency

The group has continued to undertake numerous measures to improve energy efficiency during the period, including:

 

•    Upgrading plant and equipment to items that offer improved fuel efficiency through enhanced technology;

•    Utilising green energy suppliers where possible;

•    Continuing to amend work processes and procedures where performance can be impacted;

•    Always being open to practices which lead to efficiencies in time, fuel and energy;

The figures are not available for the comparative year.

STATEMENT OF DISCLOSURE TO AUDITOR

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the auditor of the company is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the auditor of the company is aware of that information.

DIGNUS GROUP LIMITED
DIRECTOR'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 6 -
On behalf of the board
Mr S S Sandhu
DIRECTOR
13 July 2026
DIGNUS GROUP LIMITED
DIRECTOR'S RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 OCTOBER 2025
- 7 -

The director is responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

United Kingdom company law requires the director to prepare financial statements for each financial year. Under that law, the director has elected to prepare the group and parent company 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 group and parent company, and of the profit or loss of the group for that period.

In preparing these financial statements, the director is required to:

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the group’s and parent company’s transactions and disclose with reasonable accuracy at any time the financial position of the group and parent company, and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the group and parent company, and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

DIGNUS GROUP LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF DIGNUS GROUP LIMITED
- 8 -
OPINION

We have audited the financial statements of Dignus Group Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 October 2025 which comprise the group statement of comprehensive income, the group balance sheet, the company balance sheet, the group statement of changes in equity, the company statement of changes in equity, the group statement of cash flows and notes to the financial statements, including 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:

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 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 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 other information comprises the information included in the annual report other than the financial statements and our auditor's 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.

OPINIONS ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006

In our opinion, based on the work undertaken in the course of our audit:

DIGNUS GROUP LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF DIGNUS GROUP LIMITED
- 9 -
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 their environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the director's 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:

RESPONSIBILITIES OF DIRECTORS

As explained more fully in the director's responsibilities statement, 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 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 director is responsible for assessing the group's 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 director either intends to liquidate the group or parent company or to cease operations, or has no realistic alternative but to do so.

AUDITOR'S RESPONSIBILITY 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.

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.

We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements and discussed the policies and procedures regarding compliance.

Specific areas considered were as follows:

 

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected all irregularities including those leading to material misstatements in the financial statements or non-compliance with regulation, even though we have properly planned and performed our audit in accordance with auditing standards.

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.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

DIGNUS GROUP LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF DIGNUS GROUP LIMITED
- 10 -
USE OF OUR REPORT

This report is made solely to the parent 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 parent company’s members those matters 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 parent company and the parent company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

JAMES CRUSE FCA, FCCA, BSC (ECON) HONS (SENIOR STATUTORY AUDITOR)
FOR AND ON BEHALF OF JW HINKS LLP
CHARTERED ACCOUNTANTS
STATUTORY AUDITOR
19 Highfield Road
Edgbaston
Birmingham
B15 3BH
13 July 2026
DIGNUS GROUP LIMITED
GROUP STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 OCTOBER 2025
- 11 -
2025
2024
Notes
£
£
TURNOVER
3
18,128,715
15,497,876
Cost of sales
(9,550,480)
(8,352,252)
GROSS PROFIT
8,578,235
7,145,624
Administrative expenses
(5,071,292)
(5,144,826)
Other operating income
20,716
-
0
OPERATING PROFIT
4
3,527,659
2,000,798
Interest receivable and similar income
8
36,822
28,971
Interest payable and similar expenses
9
(303,526)
(288,197)
PROFIT BEFORE TAXATION
3,260,955
1,741,572
Tax on profit
10
(1,012,409)
(513,402)
PROFIT FOR THE FINANCIAL YEAR
2,248,546
1,228,170
Profit for the financial year is all attributable to the shareholders of the parent company.

The profit and loss account has been prepared on the basis that all operations are continuing operations.

DIGNUS GROUP LIMITED
GROUP BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 12 -
2025
2024
Notes
£
£
£
£
FIXED ASSETS
Intangible assets
12
-
0
-
0
Tangible assets
13
19,452,269
19,329,254
CURRENT ASSETS
Debtors
16
1,324,414
1,819,373
Cash at bank and in hand
3,711,226
2,155,600
5,035,640
3,974,973
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
17
(4,320,922)
(4,633,559)
NET CURRENT ASSETS/(LIABILITIES)
714,718
(658,586)
TOTAL ASSETS LESS CURRENT LIABILITIES
20,166,987
18,670,668
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
18
(4,590,435)
(5,302,662)
PROVISIONS FOR LIABILITIES
21
(416,000)
(256,000)
NET ASSETS
15,160,552
13,112,006
CAPITAL AND RESERVES
Called up share capital
23
162
162
Profit and loss reserves
15,160,390
13,111,844
TOTAL EQUITY
15,160,552
13,112,006
The financial statements were approved and signed by the director and authorised for issue on 13 July 2026
13 July 2026
Mr S S Sandhu
DIRECTOR
DIGNUS GROUP LIMITED
COMPANY BALANCE SHEET
AS AT 31 OCTOBER 2025
31 October 2025
- 13 -
2025
2024
Notes
£
£
£
£
FIXED ASSETS
Tangible assets
13
1,930,495
1,809,969
Investments
15
301
300
1,930,796
1,810,269
CURRENT ASSETS
Debtors
16
504,010
504,010
Cash at bank and in hand
6,538
-
0
510,548
504,010
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
17
(1,941,477)
(1,785,787)
NET CURRENT LIABILITIES
(1,430,929)
(1,281,777)
NET ASSETS
499,867
528,492
CAPITAL AND RESERVES
Called up share capital
23
162
162
Profit and loss reserves
499,705
528,330
TOTAL EQUITY
499,867
528,492

As permitted by section 408 of the Companies Act 2006, the company has not presented its own profit and loss account and related notes. The company’s profit for the year was £171,375 (2024 - £48,065 profit).

The financial statements were approved and signed by the director and authorised for issue on 13 July 2026
13 July 2026
Mr S S Sandhu
DIRECTOR
Company registration number 10255465 (England and Wales)
DIGNUS GROUP LIMITED
GROUP STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2025
- 14 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
BALANCE AT 1 NOVEMBER 2023
162
12,083,674
12,083,836
YEAR ENDED 31 OCTOBER 2024:
Profit and total comprehensive income
-
1,228,170
1,228,170
Dividends
11
-
(200,000)
(200,000)
BALANCE AT 31 OCTOBER 2024
162
13,111,844
13,112,006
YEAR ENDED 31 OCTOBER 2025:
Profit and total comprehensive income
-
2,248,546
2,248,546
Dividends
11
-
(200,000)
(200,000)
BALANCE AT 31 OCTOBER 2025
162
15,160,390
15,160,552
DIGNUS GROUP LIMITED
COMPANY STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2025
- 15 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
BALANCE AT 1 NOVEMBER 2023
162
680,266
680,428
YEAR ENDED 31 OCTOBER 2024:
Profit and total comprehensive income for the year
-
48,064
48,064
Dividends
11
-
(200,000)
(200,000)
BALANCE AT 31 OCTOBER 2024
162
528,330
528,492
YEAR ENDED 31 OCTOBER 2025:
Profit and total comprehensive income
-
171,375
171,375
Dividends
11
-
(200,000)
(200,000)
BALANCE AT 31 OCTOBER 2025
162
499,705
499,867
DIGNUS GROUP LIMITED
GROUP STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 16 -
2025
2024
Notes
£
£
£
£
CASH FLOWS FROM OPERATING ACTIVITIES
Cash generated from operations
28
4,449,077
3,195,668
Interest paid
(303,526)
(288,197)
Income taxes paid
(235,000)
(116,468)
Net cash inflow from operating activities
3,910,551
2,791,003
INVESTING ACTIVITIES
Purchase of tangible fixed assets
(794,796)
(2,282,563)
Proceeds from disposal of tangible fixed assets
34,545
23,125
Interest received
27,580
28,971
Net cash used in investing activities
(732,671)
(2,230,467)
FINANCING ACTIVITIES
Repayment of bank loans
(1,380,806)
(847,062)
Payment of finance leases obligations
(41,448)
(6,152)
Dividends paid to equity shareholders
(200,000)
(200,000)
Net cash used in financing activities
(1,622,254)
(1,053,214)
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS
1,555,626
(492,678)
Cash and cash equivalents at beginning of year
2,155,600
2,648,278
CASH AND CASH EQUIVALENTS AT END OF YEAR
3,711,226
2,155,600
DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 17 -
1
ACCOUNTING POLICIES
COMPANY INFORMATION

Dignus Group Limited (“the company”) is a private limited company domiciled and incorporated in England and Wales. The registered office is .

 

The company operates from 10 Hatherton Road, Walsall, WS1 1XS.

 

The group consists of Dignus Group Limited and all of its subsidiaries.

1.1
BASIS OF PREPARATION

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, The principal accounting policies adopted are set out below.

1.2
BUSINESS COMBINATIONS

In the parent company financial statements, the cost of a business combination is the fair value at the acquisition date of the assets given, equity instruments issued and liabilities incurred or assumed, plus costs directly attributable to the business combination. The excess of the cost of a business combination over the fair value of the identifiable assets, liabilities and contingent liabilities acquired is recognised as goodwill. The cost of the combination includes the estimated amount of contingent consideration that is probable and can be measured reliably, and is adjusted for changes in contingent consideration after the acquisition date. Provisional fair values recognised for business combinations in previous periods are adjusted retrospectively for final fair values determined in the 12 months following the acquisition date. Investments in subsidiaries, joint ventures and associates are accounted for at cost less impairment.

 

Deferred tax is recognised on differences between the value of assets (other than goodwill) and liabilities recognised in a business combination accounted for using the purchase method and the amounts that can be deducted or assessed for tax, considering the manner in which the carrying amount of the asset or liability is expected to be recovered or settled. The deferred tax recognised is adjusted against goodwill or negative goodwill.

1.3
BASIS OF CONSOLIDATION

The consolidated group financial statements consist of the financial statements of the parent company Dignus Group Limited together with all entities controlled by the parent company (its subsidiaries) and the group’s share of its interests in joint ventures and associates.

 

All financial statements are made up to 31 October 2025. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line with those used by other members of the group.

 

All intra-group transactions, balances and unrealised gains on transactions between group companies are eliminated on consolidation. Unrealised losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred.

Entities in which the group holds an interest and which are jointly controlled by the group and one or more other venturers under a contractual arrangement are treated as joint ventures. Entities other than subsidiary undertakings or joint ventures, in which the group has a participating interest and over whose operating and financial policies the group exercises a significant influence, are treated as associates.

DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
ACCOUNTING POLICIES
(Continued)
- 18 -

Investments in joint ventures and associates are carried in the group balance sheet at cost plus post-acquisition changes in the group’s share of the net assets of the entity, less any impairment in value. The carrying values of investments in joint ventures and associates include acquired goodwill.

 

If the group’s share of losses in a joint venture or associate equals or exceeds its investment in the joint venture or associate, the group does not recognise further losses unless it has incurred obligations to do so or has made payments on behalf of the joint venture or associate.

 

Unrealised gains arising from transactions with joint ventures and associates are eliminated to the extent of the group’s interest in the entity.

1.4
GOING CONCERN

At the time of approving the financial statements, the director has a reasonable expectation that the group and parent company have adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.5
REVENUE

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. Revenue invoiced in advance is included in deferred income, until the service is provided, whilst revenue billed in arrears is included in accrued income until billed.

 

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.6
INTANGIBLE FIXED ASSETS - GOODWILL

Goodwill represents the excess of the cost of acquisition of a business over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years.

 

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

1.7
TANGIBLE FIXED ASSETS

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% and 10% on cost. Land not depreciated.
Fixtures and fittings
15% on reducing balance and 10% on cost
IT equipment
At varying rates on cost
Motor vehicles
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
ACCOUNTING POLICIES
(Continued)
- 19 -
1.8
FIXED ASSET INVESTMENTS

Equity investments are measured at fair value through profit or loss, except for those equity investments that are not publicly traded and whose fair value cannot otherwise be measured reliably, which are recognised at cost less impairment until a reliable measure of fair value becomes available.

 

In the parent company financial statements, investments in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The group considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

 

Investments in associates are initially recognised at the transaction price (including transaction costs) and are subsequently adjusted to reflect the group’s share of the profit or loss, other comprehensive income and equity of the associate using the equity method. Any difference between the cost of acquisition and the share of the fair value of the net identifiable assets of the associate on acquisition is recognised as goodwill. Any unamortised balance of goodwill is included in the carrying value of the investment in associates.

 

Losses in excess of the carrying amount of an investment in an associate are recorded as a provision only when the company has incurred legal or constructive obligations or has made payments on behalf of the associate.

 

In the parent company financial statements, investments in associates are accounted for at cost less impairment.

Entities in which the group has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.9
IMPAIRMENT OF FIXED ASSETS

At each reporting period end date, the group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. The carrying amount of the investments accounted for using the equity method is tested for impairment as a single asset. Any goodwill included in the carrying amount of the investment is not tested separately for impairment.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
ACCOUNTING POLICIES
(Continued)
- 20 -
1.10
CASH AND CASH EQUIVALENTS

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.11
FINANCIAL INSTRUMENTS

The group has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the group's balance sheet when the group becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

 

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

 

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the group transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the group after deducting all of its liabilities.

DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
ACCOUNTING POLICIES
(Continued)
- 21 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Other financial liabilities

Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

 

Debt instruments that do not meet the conditions in FRS 102 paragraph 11.9 are subsequently measured at fair value through profit or loss. Debt instruments may be designated as being measured at fair value through profit or loss to eliminate or reduce an accounting mismatch or if the instruments are measured and their performance evaluated on a fair value basis in accordance with a documented risk management or investment strategy.

Derecognition of financial liabilities

Financial liabilities are derecognised when the group's contractual obligations expire or are discharged or cancelled.

1.12
EQUITY INSTRUMENTS

Equity instruments issued by the group are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the group.

1.13
DERIVATIVES

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to fair value at each reporting end date. The resulting gain or loss is recognised in profit or loss immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in profit or loss depends on the nature of the hedge relationship.

 

A derivative with a positive fair value is recognised as a financial asset, whereas a derivative with a negative fair value is recognised as a financial liability.

1.14
TAXATION

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The group’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
ACCOUNTING POLICIES
(Continued)
- 22 -

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset if, and only if, there is a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.15
EMPLOYEE BENEFITS

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.16
RETIREMENT BENEFITS

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.17
LEASES
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

 

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

1.18
FOREIGN EXCHANGE

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the group’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 23 -
3
TURNOVER AND OTHER REVENUE

An analysis of the group's turnover is as follows:

2025
2024
£
£
TURNOVER ANALYSED BY CLASS OF BUSINESS
Care for people with learning difficulties, mental health conditions and other complex needs
18,128,715
15,497,876
2025
2024
£
£
TURNOVER ANALYSED BY GEOGRAPHICAL MARKET
United Kingdom
18,128,715
15,497,876
2025
2024
£
£
OTHER REVENUE
Interest income
36,822
28,971
4
OPERATING PROFIT
2025
2024
£
£
Operating profit for the year is stated after charging/(crediting):
Depreciation of owned tangible fixed assets
654,724
645,302
Depreciation of tangible fixed assets held under finance leases
6,713
8,007
Profit on disposal of tangible fixed assets
(217)
(17,024)
5
AUDITOR'S REMUNERATION
2025
2024
Fees payable to the company's auditor and associates:
£
£
FOR AUDIT SERVICES
Audit of the financial statements of the group and company
6,000
5,750
Audit of the financial statements of the company's subsidiaries
14,000
13,750
20,000
19,500
FOR OTHER SERVICES
Taxation compliance services
1,500
1,500
All other non-audit services
2,500
2,500
4,000
4,000
DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 24 -
6
EMPLOYEES

The average monthly number of persons (including directors) employed by the group and company during the year was:

Group
Company
2025
2024
2025
2024
Number
Number
Number
Number
Directors
1
1
1
1
Support and administration
348
355
-
-
Total
349
356
1
1

Their aggregate remuneration comprised:

Group
Company
2025
2024
2025
2024
£
£
£
£
Wages and salaries
10,579,089
9,348,615
-
0
-
0
Social security costs
1,049,335
848,302
-
-
Pension costs
284,767
266,800
-
0
-
0
11,913,191
10,463,717
-
0
-
0
7
DIRECTOR'S REMUNERATION
2025
2024
£
£
Remuneration for qualifying services
137,500
125,000
Company pension contributions to defined contribution schemes
40,000
40,000
177,500
165,000
8
INTEREST RECEIVABLE AND SIMILAR INCOME
2025
2024
£
£
INTEREST INCOME
Interest on bank deposits
27,581
21,019
Other interest income
9,241
7,952
Total income
36,822
28,971
2025
2024
Investment income includes the following:
£
£
Interest on financial assets not measured at fair value through profit or loss
27,581
21,019
DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 25 -
9
INTEREST PAYABLE AND SIMILAR EXPENSES
2025
2024
£
£
INTEREST ON FINANCIAL LIABILITIES MEASURED AT AMORTISED COST:
Interest on bank overdrafts and loans
303,297
285,416
OTHER FINANCE COSTS:
Interest on finance leases and hire purchase contracts
135
2,781
Other interest
94
-
Total finance costs
303,526
288,197
10
TAXATION
2025
2024
£
£
CURRENT TAX
UK corporation tax on profits for the current period
867,283
348,186
Adjustments in respect of prior periods
(14,874)
(54,784)
Total current tax
852,409
293,402
DEFERRED TAX
Origination and reversal of timing differences
160,000
220,000
Total tax charge
1,012,409
513,402

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

2025
2024
£
£
Profit before taxation
3,260,955
1,741,572
EXPECTED TAX CHARGE BASED ON THE STANDARD RATE OF CORPORATION TAX IN THE UK OF 25% (2024: 25%)
815,239
435,393
Effects of:
Expenses that are not deductible in determining taxable profit
615
(1,563)
Permanent capital allowances in excess of depreciation
33,021
(87,301)
Other non-reversing timing differences
21,028
-
0
Other permanent differences
(2,620)
1,657
Tax under/(over) provided in prior years
(14,874)
(54,784)
Deferred tax movement
160,000
220,000
TAXATION CHARGE IN THE FINANCIAL STATEMENTS
1,012,409
513,402
DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 26 -
11
DIVIDENDS
2025
2024
Recognised as distributions to equity holders:
£
£
Final paid
200,000
200,000
12
INTANGIBLE FIXED ASSETS
GROUP
Goodwill
£
COST
At 1 November 2024 and 31 October 2025
316,458
AMORTISATION AND IMPAIRMENT
At 1 November 2024 and 31 October 2025
316,458
CARRYING AMOUNT
At 31 October 2025
-
0
At 31 October 2024
-
0
The company had no intangible fixed assets at 31 October 2025 or 31 October 2024.

 

13
TANGIBLE FIXED ASSETS
GROUP
F/hold
Fixtures and
IT
Motor
and buildings
fittings
equipment
vehicles
Total
£
£
£
£
£
COST
At 1 November 2022
22,252,630
994,021
310,509
607,617
24,164,777
Additions
569,765
148,824
44,184
56,007
818,780
Disposals
(33,995)
-
0
-
0
(7,500)
(41,495)
At 31 October 2025
22,788,400
1,142,845
354,693
656,124
24,942,062
DEPRECIATION AND IMPAIRMENT
At 1 November 2022
3,863,189
495,724
167,263
309,347
4,835,523
Depreciation charged in the year
445,864
72,373
80,202
62,998
661,437
Eliminated in respect of disposals
-
0
-
0
-
0
(7,167)
(7,167)
At 31 October 2025
4,309,053
568,097
247,465
365,178
5,489,793
CARRYING AMOUNT
At 31 October 2025
18,479,347
574,748
107,228
290,946
19,452,269
At 31 October 2024
18,389,441
498,297
143,246
298,270
19,329,254
DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
13
TANGIBLE FIXED ASSETS
(Continued)
- 27 -
COMPANY
F/hold land
Fixtures and
IT
and buildings
fittings
equipment
Total
£
£
£
£
COST
At 1 November 2024
1,771,778
35,398
3,195
1,810,371
Additions
76,308
45,140
-
0
121,448
At 31 October 2025
1,848,086
80,538
3,195
1,931,819
DEPRECIATION AND IMPAIRMENT
At 1 November 2024
-
0
-
0
402
402
Depreciation charged in the year
-
0
-
0
922
922
At 31 October 2025
-
0
-
0
1,324
1,324
CARRYING AMOUNT
At 31 October 2025
1,848,086
80,538
1,871
1,930,495
At 31 October 2024
1,771,778
35,398
2,793
1,809,969
DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
13
TANGIBLE FIXED ASSETS
(Continued)
- 28 -

Included within tangible fixed assets are assets held under finance leases or hire purchase contracts, as follows:

Group
Company
2025
2024
2025
2024
£
£
£
£
Motor vehicles
51,292
24,022
-
0
-
0
Depreciation charge for the year in respect of leased assets
6,713
8,007
-
-

Included in the cost of freehold land and buildings is land of £1,893,038 (2024: £1,893,038) which is not depreciated.

14
SUBSIDIARIES

Details of the company's subsidiaries at 31 October 2025 are as follows:

Name of undertaking
Registered office
Nature of business
Class of
% Held
shares held
Direct
Non-direct
Dignus Healthcare Limited
England
Specialist care support
Ordinary
100.00
-
Dignus Support Limited
England
Dormant company
Ordinary
0
100.00
Woodcross Lodge Limited
England
Dormant company
Ordinary
100.00
-
Dignus Specialist Care Limited
England
Dormant company
Ordinary
100.00
-
Lucania Care Limited
England
Dormant company
Ordinary
100.00
-
15
FIXED ASSET INVESTMENTS
Group
Company
2025
2024
2025
2024
Notes
£
£
£
£
Investments in subsidiaries
14
-
0
-
0
301
300
DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
15
FIXED ASSET INVESTMENTS
(Continued)
- 29 -
MOVEMENTS IN FIXED ASSET INVESTMENTS
COMPANY
Shares in group undertakings
£
COST OR VALUATION
At 1 November 2024
300
Additions
1
At 31 October 2025
301
CARRYING AMOUNT
At 31 October 2025
301
At 31 October 2024
300
16
DEBTORS
Group
Company
2025
2024
2025
2024
AMOUNTS FALLING DUE WITHIN ONE YEAR:
£
£
£
£
Trade debtors
935,220
1,336,598
-
0
-
0
Corporation tax recoverable
-
0
227,150
-
0
-
0
Amounts owed by group undertakings
-
0
-
0
504,010
504,010
Other debtors
195,239
72,428
-
0
-
0
Prepayments and accrued income
193,955
183,197
-
0
-
0
1,324,414
1,819,373
504,010
504,010
17
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
Company
2025
2024
2025
2024
Notes
£
£
£
£
Bank loans and overdrafts
20
721,025
1,381,092
-
0
137
Obligations under finance leases
19
15,323
41,299
-
0
35,147
Trade creditors
278,915
496,092
29,621
17,438
Amounts owed to group undertakings
200,409
200,000
1,903,216
1,727,665
Corporation tax payable
381,017
-
0
-
0
-
0
Other taxation and social security
251,573
221,817
-
0
-
0
Other creditors
1,474,254
1,335,741
-
0
-
0
Accruals and deferred income
998,406
957,518
8,640
5,400
4,320,922
4,633,559
1,941,477
1,785,787
DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 30 -
18
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Group
Company
2025
2024
2025
2024
Notes
£
£
£
£
Bank loans and overdrafts
20
4,568,685
5,289,424
-
0
-
0
Obligations under finance leases
19
21,750
13,238
-
0
-
0
4,590,435
5,302,662
-
-
Amounts included above which fall due after five years are as follows:
Payable by instalments
1,848,369
2,548,850
-
-
19
FINANCE LEASE OBLIGATIONS
Group
Company
2025
2024
2025
2024
Amounts due:
£
£
£
£
Current liabilities
15,323
41,299
-
0
35,147
Non-current liabilities
21,750
13,238
-
0
-
0
37,073
54,537
-
35,147
Group
Company
2025
2024
2025
2024
Future minimum lease payments due:
£
£
£
£
Within one year
15,323
41,299
-
0
35,147
In two to five years
21,750
13,238
-
0
-
0
37,073
54,537
-
35,147

Finance lease payments represent rentals payable by the company or group for certain items of plant and machinery. Leases include purchase options at the end of the lease period, and no restrictions are placed on the use of the assets. The average lease term is 4 years. All leases are on a fixed repayment basis and no arrangements have been entered into for contingent rental payments.

DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 31 -
20
LOANS AND OVERDRAFTS
Group
Company
2025
2024
2025
2024
£
£
£
£
Bank loans
5,289,710
6,670,516
-
0
-
0
Bank overdrafts
-
0
-
0
-
0
137
5,289,710
6,670,516
-
137
Payable within one year
721,025
1,381,092
-
0
137
Payable after one year
4,568,685
5,289,424
-
0
-
0
Amounts included above which fall due after five years:
Payable by instalments
1,848,369
2,548,850
-
-

The bank loans are secured by various fixed and floating legal charges over the assets of the company and group.

 

 

21
DEFERRED TAXATION

Deferred tax assets and liabilities are offset where the group or company has a legally enforceable right to do so. The following is the analysis of the deferred tax balances (after offset) for financial reporting purposes:

Liabilities
Liabilities
2025
2024
GROUP
£
£
Accelerated capital allowances
416,000
256,000
The company has no deferred tax assets or liabilities.
Group
Company
2025
2025
MOVEMENTS IN THE YEAR:
£
£
Liability at 1 November 2024
256,000
-
Charge to profit or loss
160,000
-
Liability at 31 October 2025
416,000
-
22
RETIREMENT BENEFIT SCHEMES
2025
2024
DEFINED CONTRIBUTION SCHEMES
£
£
Charge to profit or loss in respect of defined contribution schemes
284,767
266,800
DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
22
RETIREMENT BENEFIT SCHEMES
(Continued)
- 32 -

A defined contribution pension scheme is operated for all qualifying employees. The assets of the scheme are held separately from those of the group in an independently administered fund.

23
SHARE CAPITAL
Group and company
2025
2024
ORDINARY SHARE CAPITAL
£
£
ISSUED AND FULLY PAID
648,000 A1 Ordinary of £0.00008840381 each
57
57
85,000 A2 Ordinary of £0.00008840381 each
8
8
972,000 B Ordinary of £0.00001 each
97
97
162
162
24
CAPITAL COMMITMENTS

Amounts contracted for but not provided in the financial statements:

Group
Company
2025
2024
2025
2024
£
£
£
£
Acquisition of tangible fixed assets
-
480,851
-
-
25
EVENTS AFTER THE REPORTING DATE

On 1 April 2026, 81,000 A1 shares and 10,625 A2 shares were transferred from Mr A Sandhu to 13 Group Limited.

26
RELATED PARTY TRANSACTIONS
REMUNERATION OF KEY MANAGEMENT PERSONNEL

The remuneration of key management personnel is as follows.

2025
2024
£
£
Aggregate compensation
515,600
490,600
DIGNUS GROUP LIMITED
NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
26
RELATED PARTY TRANSACTIONS
(Continued)
- 33 -

The company has taken advantage of Section 33 of FRS102 (Related Party Disclosures), not to disclose related party transactions with wholly owned subsidiaries within the group.

 

Better & Better Residential Limited

Mr S S Sandhu is a director of both Better & Better Residential Limited and Dignus Healthcare Limited.

 

During the year, Better & Better Residential Limited charged management charges of £17,115 (2024: £17,115) to Dignus Healthcare Limited.

 

At the year end, an amount of £37,319 remained due to Dignus Healthcare Limited (2024: £23,049 due to Dignus Healthcare Limited).

 

13 Group Limited

During the year, the company paid a dividend of £200,000 (2024: £200,000) to 13 Group Limited, a shareholder of Dignus Group Limited. As at 31 October 2025, an amount was owed to 13 Group Limited of £200,409 (2024: £200,000).

 

27
CONTROLLING PARTY

The company and group is controlled by Mr S S Sandhu.

28
CASH GENERATED FROM GROUP OPERATIONS
2025
2024
£
£
Profit after taxation
2,248,546
1,228,170
ADJUSTMENTS FOR:
Taxation charged
1,012,409
513,402
Finance costs
303,526
288,197
Investment income
(36,822)
(28,971)
Gain on disposal of tangible fixed assets
(217)
(17,024)
Depreciation and impairment of tangible fixed assets
661,437
653,309
MOVEMENTS IN WORKING CAPITAL:
Decrease/(increase) in debtors
267,809
(232,991)
(Decrease)/increase in creditors
(7,611)
791,576
CASH GENERATED FROM OPERATIONS
4,449,077
3,195,668
29
ANALYSIS OF CHANGES IN NET DEBT - GROUP
1 November 2024
Cash flows
New leases
31 October 2025
£
£
£
£
Cash at bank and in hand
2,155,600
1,555,626
-
3,711,226
Borrowings excluding overdrafts
(6,670,516)
1,380,806
-
(5,289,710)
Payment of finance leases obligations
(54,537)
41,448
(23,984)
(37,073)
(4,569,453)
2,977,880
(23,984)
(1,615,557)
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