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Registered number:
For the Year Ended
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Regal Care Trading Ltd
Company Information
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Regal Care Trading Ltd
Contents
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Regal Care Trading Ltd
Strategic report
For the Year Ended 31 October 2025
The directors present the strategic report for the year ended 31 October 2025.
The Company has completed another successful year of trading. Despite challenging trading conditions across the care industry, the Company's turnover for the year ending 31 October 2025 increased to £23.19 million from £22.50 million in 2024. The operating profits have decreased from £2.3 million in 2024 to £897k in the current year. Net assets of the business at 31 October 2025 have increased to £6.70 million from £6 million at 31 October 2024. The directors are pleased with the performance of the Company and believe that the Company will be able to maintain steady growth in sales and operating profits in the foreseeable future, with a continued robust balance sheet.
Quality : An established and family orientated provider our Company Ethos is reflected in all areas of the services we offer. All our homes and their teams strive to lead the field in their professions ensuring person-centred care of a high standard to our residents. Enhanced environment : The Company has continued to improve the internal environment and external appearance in the homes. We have enhanced communal areas and created cafes and improved garden areas for our residents to use. Improved training: Regal Care Trading prides itself on the high standards of training for not only our Nursing and Care teams, but also other personnel in Domestic, Kitchen, Maintenance and Leisure and Lifestyle departments. The Company is investing in training in order to improve the employees' skill and enhance the customer service. The key to our success is our highly motivated, trained and dedicated staff team. We continue working as a team, supporting and training on each other to ensure that our resident's needs are met within a safe environment. The Company is an equal opportunity employer and gives full and fair consideration to applications for employment made by disabled persons, having regard to their aptitudes and abilities. New Technology: To keep in step with the world around us, we believe it is important to provide access to new technology.
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Regal Care Trading Ltd
Strategic report (continued)
For the Year Ended 31 October 2025
Principal risks include non-compliance with regulation, fee income not rising in line with the cost of providing care, lack of nursing resources and general inflationary increased in costs.
Also, the Company's activities expose it to a number of financial risks as summarised below: Credit risk The Company 's principal financial assets are bank balances, trade and other receivables. The Company's credit risk is primarily attributable to its trade receivables. The major proportion of the business' receivables are from Local Authorities and Health Authorities. The amounts presented in the balance sheet are net of provisions for doubtful receivables. It is Company policy to ensure that where a resident is privately funded, the immediate next of kin are required to sign the resident's contract. Where a resident's property is being sold to pay for their care fees the Company may require them to accept a charge on the property to secure any debt for care fees. Liquidity risk In order to maintain liquidity and ensure that sufficient funds are available for ongoing operations, the Company manages its cash flow from it's operations. Insurance risk The Company is exposed to potential claims from employees and from residents and their next of kin. In order to protect the Company from these risks the Board has put in place comprehensive cover with reputable insurers. Future Prospects The Company continues to improve its operating performance. The Company is well placed to grow revenue and operating profits and there are a number of opportunities to expand the business. Employees The company is an equal opportunities employer and gives full and fair consideration to applications for employment made by disabled persons, having regard to their particular aptitudes and abilities. Where people become disabled during the course of their employment, every effort is made to retain their services and to provide retraining, if necessary. All employees are eligible for consideration for appropriate training, career development and promotional opportunities: disabled employees are not treated differently in this respect. The company has established the practice of keeping employees informed of matters affecting them as employees and of the financial and economic factors affecting the performance of the company.
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Regal Care Trading Ltd
Strategic report (continued)
For the Year Ended 31 October 2025
Turnover, operating profits and net assets are considered to be financial key performance indicators for the business.
Occupancy levels, CQC ratings and quality of care delivered are considered to be non financial key performance indicators for the business.
This report was approved by the board on 30 July 2026 and signed on its behalf.
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Regal Care Trading Ltd
Directors' report
For the Year Ended 31 October 2025
The directors present their report and the financial statements for the year ended 31 October 2025.
The directors are responsible for preparing the Strategic report, the Directors' report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company'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 Company will continue in business.
The directors are 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 to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The profit for the year, after taxation, amounted to £678,318 (2024 - £1,732,921).
The total distribution of the dividends for the year ended 31 Oct 2025 were £45,000 (2024: £Nil).
The directors who served during the year were:
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Regal Care Trading Ltd
Directors' report (continued)
For the Year Ended 31 October 2025
The auditors, Mantax Lynton, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board on
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Regal Care Trading Ltd
Independent auditors' report to the members of Regal Care Trading Ltd
We have audited the financial statements of Regal Care Trading Ltd (the 'Company') for the year ended 31 October 2025, which comprise the Statement of comprehensive income, the Analysis of net debt, the Statement of financial position, the Statement of cash flows, the 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).
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council'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.
In auditing the financial statements, we have concluded that the directors' 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 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 directors with respect to going concern are described in the relevant sections of this report.
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Regal Care Trading Ltd
Independent auditors' report to the members of Regal Care Trading Ltd (continued)
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The directors are 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 Strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report or the Directors' report.
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Regal Care Trading Ltd
Independent auditors' report to the members of Regal Care Trading 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 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 obtained an understanding of the legal and regulatory frameworks within which the company operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Companies Act 2006, FRS 102, relevant taxation legislation and CQC regulations.
∙We identified the greatest risks of material impact on the financial statements from irregularities, including fraud, to be override of controls by management, inappropriate revenue recognition and going concern. Our audit procedures to respond to these risks included enquiries of management about their own identification and assessment of the risks of irregularities, reviewing accounting estimates for biases corroborating revenue recognised by the company through agreements to supporting documentation and ensuring accounting policies are appropriate under United Kingdom Generally Accepted Accounting Practice and applicable law.
∙Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. We are not responsible for preventing noncompliance and cannot be expected to detect non-compliance with all laws and regulations.
∙These inherent limitations are particularly significant in the case of misstatement resulting from fraud as this may involve sophisticated schemes designed to avoid detection, including deliberate failure to record transactions, collusion or the provision of intentional misrepresentations.
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.
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Regal Care Trading Ltd
Independent auditors' report to the members of Regal Care Trading Ltd (continued)
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
Chatered Accountants & Statutory Auditors
Suite 207 Equitable House
7 General Gordon Square
United Kingdom
SE18 6FH
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Regal Care Trading Ltd
Statement of comprehensive income
For the Year Ended 31 October 2025
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Regal Care Trading Ltd
Registered number: 08126756
Statement of financial position
As at
The financial statements were approved and authorised for issue by the board and were signed on its behalf on
The notes on pages 15 to 26 form part of these financial statements.
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Regal Care Trading Ltd
Statement of changes in equity
For the Year Ended 31 October 2025
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Regal Care Trading Ltd
Statement of cash flows
For the Year Ended 31 October 2025
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Regal Care Trading Ltd
Analysis of net debt
For the Year Ended 31 October 2025
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Regal Care Trading Ltd
Notes to the financial statements
For the Year Ended 31 October 2025
Regal Care Trading Limited is a private company limited by shares incorporated in England and Wales. The company's registration number and address of the registered office is given in the company information page of these financial statements.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).
The following principal accounting policies have been applied:
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Regal Care Trading Ltd
Notes to the financial statements
For the Year Ended 31 October 2025
2.Accounting policies (continued)
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.
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Regal Care Trading Ltd
Notes to the financial statements
For the Year Ended 31 October 2025
2.Accounting policies (continued)
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. Cost comprises the purchase price and directly attributable costs incurred in acquiring the asset and bringing it into use.
Intangible assets are amortised on a straight-line basis over their estimated useful economic lives. Other intangible assets (private registration plate) are amortised over 10 years. The residual value of intangible assets is assumed to be nil at the end of its useful life. The useful economic life, residual value and carrying amount are reviewed where indicators of change or impairment exist.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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Regal Care Trading Ltd
Notes to the financial statements
For the Year Ended 31 October 2025
2.Accounting policies (continued)
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.
Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Basic 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 Company after the deduction of all its liabilities.
Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and
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Regal Care Trading Ltd
Notes to the financial statements
For the Year Ended 31 October 2025
2.Accounting policies (continued)
loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.
Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
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Regal Care Trading Ltd
Notes to the financial statements
For the Year Ended 31 October 2025
Analysis of turnover by country of destination:
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Regal Care Trading Ltd
Notes to the financial statements
For the Year Ended 31 October 2025
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Regal Care Trading Ltd
Notes to the financial statements
For the Year Ended 31 October 2025
9.Taxation (continued)
There were no factors that may affect future tax charges.
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Regal Care Trading Ltd
Notes to the financial statements
For the Year Ended 31 October 2025
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Regal Care Trading Ltd
Notes to the financial statements
For the Year Ended 31 October 2025
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Regal Care Trading Ltd
Notes to the financial statements
For the Year Ended 31 October 2025
Page 25
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Regal Care Trading Ltd
Notes to the financial statements
For the Year Ended 31 October 2025
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £162,079 (2024: £135,896). Contributions totaling £42,730 (2024: £26,018) were payable to the fund at the reporting date and are included in creditors.
The company is controlled by Mr K Rajakanthan.
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