Westheath Care Homes Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 10

Westheath Care Homes Ltd

Balance Sheet

31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	2,329,794	2,216,172
Current assets
Stocks	5	6,500	6,500
Debtors	6	497,879	457,575
Cash at bank and in hand		420,666	613,905
		925,045	1,077,980
Creditors: Amounts falling due within one year	7	(434,645)	(617,040)
Net current assets		490,400	460,940
Total assets less current liabilities		2,820,194	2,677,112
Creditors: Amounts falling due after more than one year	7	-	(1,549)
Provisions for liabilities		(65,633)	(31,917)
Net assets		2,754,561	2,643,646
Capital and reserves
Called up share capital	9	2	2
Profit and loss account		2,754,559	2,643,644
Shareholders' funds		2,754,561	2,643,646

Westheath Care Homes Ltd

Balance Sheet

31 October 2025

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 16 July 2026 and signed on its behalf by:
 

......................................... Mr S J Difford Director

Company Registration Number: 08862256

Westheath Care Homes Ltd

Notes to the Unaudited Financial Statements

Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
The Barn
Clann House
Clann Lane
Bodmin
Cornwall
PL30 5HD

These financial statements were authorised for issue by the Board on 16 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Westheath Care Homes Ltd

Notes to the Unaudited Financial Statements

Year Ended 31 October 2025

Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor Vehicles	25% Reducing Balance
Computer Equipment	33% Straight Line
Fixtures and Fittings	15% Reducing Balance
Plant and Machinery	20% Straight Line
Leasehold Improvements	15% Reducing Balance
Land and Buildings	2% Straight Line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Financial instruments

Westheath Care Homes Ltd

Notes to the Unaudited Financial Statements

Year Ended 31 October 2025

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Bank loans; and
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.


 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

Westheath Care Homes Ltd

Notes to the Unaudited Financial Statements

Year Ended 31 October 2025

5

Stocks

	2025 £	2024 £
Other inventories	6,500	6,500

6

Debtors

	Note	2025 £	2024 £
Trade debtors		465,212	438,174
Amounts owed by group undertakings and undertakings in which the company has a participating interest	11	12,947	4,493
Prepayments		19,720	14,908
		497,879	457,575

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	144,838	12,192
Trade creditors		59,300	16,825
Taxation and social security		41,104	236,594
Accruals and deferred income		20,809	22,915
Other creditors		168,594	328,514
		434,645	617,040

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	-	1,549

Westheath Care Homes Ltd

Notes to the Unaudited Financial Statements

Year Ended 31 October 2025

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	-	1,549

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	113,289	-
Hire purchase contracts	1,549	12,192
Other borrowings	30,000	-
	144,838	12,192

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Shares of £1 each	2	2	2	2

10	Obligations under leases and hire purchase contracts

Finance leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	1,562	12,869
Later than one year and not later than five years	-	1,562
	1,562	14,431

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	23,664	32,208
Later than one year and not later than five years	5,688	29,351
	29,352	61,559

Westheath Care Homes Ltd

Notes to the Unaudited Financial Statements

Year Ended 31 October 2025

The amount of non-cancellable operating lease payments recognised as an expense during the year was £35,681 (2024 - £35,642).

11	Related party transactions

Transactions with directors

2025	At 1 November 2024 £	Advances to director £	Repayments by director £	At 31 October 2025 £
Mr L Difford
L & P Difford director loan	(128,332)	378,218	(269,000)	(19,114)
	-	-	-	-
	(128,332)	378,218	(269,000)	(19,114)
Mr S J Difford
S & K Difford director loan	(137,077)	161,943	(71,446)	(46,580)
	-	-	-	-
	(137,077)	161,943	(71,446)	(46,580)
Mr A Difford
A Difford director loan	-	875	-	875
	-	-	-	-
	-	875	-	875

2024	At 1 November 2023 £	Advances to director £	Repayments by director £	At 31 October 2024 £
Mr L Difford
L & P Difford director loan	(243,800)	352,250	(236,782)	(128,332)
	(243,800)	352,250	(236,782)	(128,332)
Mr S J Difford
S & K Difford director loan	(456,090)	419,013	(100,000)	(137,077)
	(456,090)	419,013	(100,000)	(137,077)

Summary of transactions with all entities with joint control or significant interest

Westheath Care Homes Ltd

Notes to the Unaudited Financial Statements

Year Ended 31 October 2025

During the year Westheath Care Homes Ltd loaned amounts to L&P Difford LLP, a limited liability partnership by which Mr S Difford, Mrs K Difford, Mr L Difford and Mrs P Difford are designated members. The amount loaned of £8,454 during the year carries no interest and is repayable on demand. Balance as of 31 October 2025 of £12,947 is shown in other debtors. (31 October 2024 - £4,493).

During the year Westheath Care Homes Ltd made loan repayments and loaned amounts to Westheath Care Homes (Staffing) ltd, a company owned by the directors and shareholders of Mr S Difford and Mrs K Difford of £28,674 (31 October 2024 - £108,784). As of the 31 October 25 the balance due to Westheath Care Homes (Staffing) Ltd was £91,775 (31 October 2024 -£63,101).

During the year WestHeath Care Homes Ltd paid rent of £203,476 (31 October 2024 - £201,625) to the directors Mr S Difford, Mr L Difford and Mrs P Difford for the rental of care homes owned by them personally.

Barclays Bank Plc holds a fixed charge, floating charge (covering all property or undertaking of the company), and a negitive pledge over the company for assets used for the purpose of trade, owned personally by the shareholders.