Patience Healthcare (NE) Ltd

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

1. General Information

Patience Healthcare (NE) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14476486 . The registered office is Suite 2 The Point, Mayfield Road, Ilkley, LS29 8FL.

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 profit and loss account over its estimated economic life of 20 years.

2.4. 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:

Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	33% Straight Line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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Patience Healthcare (NE) Ltd

Notes to the Financial Statements (continued)

For the Period 1 May 2025 to 30 November 2025

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.

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 period, 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.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 76 (2025: 65)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 May 2025	442,100

As at 30 November 2025	442,100

Amortisation
As at 1 May 2025	44,210
Provided during the period	12,895

As at 30 November 2025	57,105

Net Book Value
As at 30 November 2025	384,995

As at 1 May 2025	397,890

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Patience Healthcare (NE) Ltd

Notes to the Financial Statements (continued)

For the Period 1 May 2025 to 30 November 2025

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 May 2025	51,922	30,570	6,595	89,087

As at 30 November 2025	51,922	30,570	6,595	89,087

Depreciation
As at 1 May 2025	17,729	13,289	1,449	32,467
Provided during the period	5,012	2,533	752	8,297

As at 30 November 2025	22,741	15,822	2,201	40,764

Net Book Value
As at 30 November 2025	29,181	14,748	4,394	48,323

As at 1 May 2025	34,193	17,281	5,146	56,620

6. Debtors

	30 November 2025	30 April 2025
	£	£
Due within one year
Trade debtors	13,024	8,048
Amounts owed by group undertakings	156,016	-
Other debtors	60,129	1,918

	229,169	9,966

7. Creditors: Amounts Falling Due Within One Year

	30 November 2025	30 April 2025
	£	£
Net obligations under finance lease and hire purchase contracts	7,004	7,004
Trade creditors	11,731	5,432
Bank loans and overdrafts	157,621	46,669
Amounts owed to group undertakings	54,865	91,161
Other creditors	30,825	10,696
Taxation and social security	131,425	64,842

	393,471	225,804

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Patience Healthcare (NE) Ltd

Notes to the Financial Statements (continued)

For the Period 1 May 2025 to 30 November 2025

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

	30 November 2025	30 April 2025
	£	£
Net obligations under finance lease and hire purchase contracts	26,876	30,962
Bank loans	261,307	138,129

	288,183	169,091

9. Obligations Under Finance Leases and Hire Purchase

	30 November 2025	30 April 2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	7,004	7,004
Later than one year and not later than five years	26,876	30,962

	33,880	37,966

	33,880	37,966

10. Share Capital

	30 November 2025	30 April 2025
	£	£
Allotted, Called up and fully paid	100	100

11. Related Party Transactions

Kind Hands Caring Services Limited

Under common control

As at the balance sheet date the amount owed to related party was £50,094 (2024: £89,839)

Patience Healthcare Group Ltd

Under common control

As at the balance sheet date the amount owed by the related party was £152,216 (2024: £1,322 owed to the related party)

Alice Chilton In Home Care Services Ltd

Under Common Control

As at the balance sheet date the amount owed to the related party was £4,770.97 (2024: NIL)

Patience Healthcare (CDT) Ltd

Under Common Control

As at the balance sheet date the amount owed by the related party was £3,800 (2024: NIL)

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		30 November 2025		30 April 2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		384,995		397,890
Tangible Assets	5		48,323		56,620

			433,318		454,510
CURRENT ASSETS
Debtors	6	229,169		9,966
Cash at bank and in hand		203,815		29,333

		432,984		39,299
Creditors: Amounts Falling Due Within One Year	7	(393,471 )		(225,804 )

NET CURRENT ASSETS (LIABILITIES)			39,513		(186,505 )

TOTAL ASSETS LESS CURRENT LIABILITIES			472,831		268,005

Creditors: Amounts Falling Due After More Than One Year	8		(288,183 )		(169,091 )

NET ASSETS			184,648		98,914

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			184,548		98,814

SHAREHOLDERS' FUNDS			184,648		98,914

Mr Jack Baker Director	Ms Kelly O'Connor Director
02/07/2026