Red Homes Healthcare Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 06976760

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		123,368		123,368
Tangible Assets	5		235,984		229,013

			359,352		352,381
CURRENT ASSETS
Debtors	6	109,010		92,760
Cash at bank and in hand		327,589		252,698

		436,599		345,458
Creditors: Amounts Falling Due Within One Year	7	(714,591 )		(567,864 )

NET CURRENT ASSETS (LIABILITIES)			(277,992 )		(222,406 )

TOTAL ASSETS LESS CURRENT LIABILITIES			81,360		129,975

Creditors: Amounts Falling Due After More Than One Year	8		(4,061 )		(8,122 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(41,806 )		(42,032 )

NET ASSETS			35,493		79,821

CAPITAL AND RESERVES
Called up share capital	9		202		202
Profit and Loss Account			35,291		79,619

SHAREHOLDERS' FUNDS			35,493		79,821

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Red Homes Healthcare Limited

Balance Sheet (continued)

As At 31 December 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Roger Guy Daniel

Director

21/07/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Red Homes Healthcare Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06976760 . The registered office is 28 Market Place, Grantham, Lincolnshire, NG31 6LR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.5. Tangible Fixed Assets and Depreciation

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

Fixtures & Fittings	15% Reducing Balance
Computer Equipment	25% Reducing Balance

2.6. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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.

...CONTINUED

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Red Homes Healthcare Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 69 (2024: 64)

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 January 2025	8,679	123,368	132,047

As at 31 December 2025	8,679	123,368	132,047

Amortisation
As at 1 January 2025	8,679	-	8,679

As at 31 December 2025	8,679	-	8,679

Net Book Value
As at 31 December 2025	-	123,368	123,368

As at 1 January 2025	-	123,368	123,368

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2025	464,146	12,896	477,042
Additions	51,375	1,340	52,715

As at 31 December 2025	515,521	14,236	529,757

...CONTINUED

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Red Homes Healthcare Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Depreciation
As at 1 January 2025	240,252	7,777	248,029
Provided during the period	44,733	1,011	45,744

As at 31 December 2025	284,985	8,788	293,773

Net Book Value
As at 31 December 2025	230,536	5,448	235,984

As at 1 January 2025	223,894	5,119	229,013

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	87,207	75,969
Other debtors	21,803	16,791

	109,010	92,760

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	184,814	150,390
Bank loans and overdrafts	5,113	15,113
Other creditors	524,664	376,886
Taxation and social security	-	25,475

	714,591	567,864

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	4,061	4,061
Other loans	-	4,061

	4,061	8,122

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	202	202

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Red Homes Healthcare Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

10. Related Party Transactions

During the year under review the company has paid rent of £1 (2024: £1) to R G Daniel; Director and

shareholder of the company for use of freehold property by the company which is owned by him.

The lease is under formal contract terms and has an agreed rental review period of every fifteen years.

Red Homes Healthcare (Grantham) Ltd t/a Red Court

A company owned by the shareholders, of which R G Daniel, S Ferrait, M J Daniel, H E Daniel and T J Hood,

are Directors.

Red Roofs Midlands Ltd

A company owned by the shareholders, of which R G Daniel, M J Daniel, H E Daniel and T J Hood,

are Directors, is owed £1,065 (2024: £1,065) by the company. No date for repayment has been

agreed and no interest charged.

Red Homes Properties Ltd

A company owned by the shareholders, of which R G Daniel and H E Daniel are Directors, owes £13

(2024: £13) to the company. No date for repayment has been agreed and no interest charged

11. Consultancy Fees

Included in the costs of Professional Fees are the following Consultancy Fees which include mortgage repayments relating to the loans on the buildings £232,019 (2024: £239,822).

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