Abbey Healthcare Homes (East Kilbride) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04616609

Abbey Healthcare Homes (East Kilbride) Limited

Filleted Financial Statements

For the year ended

31 December 2025

Abbey Healthcare Homes (East Kilbride) Limited

Statement of Financial Position

31 December 2025

	2025	2024
		(restated)
Note	£	£

Fixed assets

Tangible assets	5	431,015	458,454

Current assets

Debtors	6	4,772,279	3,421,315
Cash at bank and in hand		230,458	53,430
		------------	------------
		5,002,737	3,474,745

Creditors: amounts falling due within one year	7	8,942,597	7,753,762
		------------	------------
Net current liabilities		3,939,860	4,279,017
		------------	------------
Total assets less current liabilities		( 3,508,845)	( 3,820,563)

Provisions	8	249,795	305,722
		------------	------------
Net liabilities		( 3,758,640)	( 4,126,285)
		------------	------------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	( 3,759,640)	( 4,127,285)
	------------	------------
Shareholders deficit	( 3,758,640)	( 4,126,285)
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 26 June 2026 , and are signed on behalf of the board by:

A Taylor

Director

Company registration number: 04616609

Abbey Healthcare Homes (East Kilbride) Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Abbey Healthcare, Sutherland House, 70 - 78 West Hendon Broadway, London, NW9 7BT.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Going concern

The directors have prepared the financial statements on a going concern basis. The company and group has sufficient resources to meet liabilities as they fall due for payment for a period of at lease 12 months from the date the financial statements are approved.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In preparing these financial statements, the directors have made the following judgements:- 1 Determine whether there are indicators of impairment of the tangible assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit. Other key sources of estimation uncertainty 2 Tangible fixed assets:- Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Exceptional items

Exceptional items are disclosed separately in the financial statements in order to provide further understanding of the financial performance of the entity. They are material items of income or expense that have been shown separately because of their nature or amount.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	20% straight line

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 79 (2024: 75 ).

5. Tangible assets

	Fixtures and fittings
	£
Cost
At 1 January 2025 (as restated)	1,266,325
Additions	192,583
Disposals	( 245,433)
	------------
At 31 December 2025	1,213,475
	------------
Depreciation
At 1 January 2025	807,871
Charge for the year	220,022
Disposals	( 245,433)
	------------
At 31 December 2025	782,460
	------------
Carrying amount
At 31 December 2025	431,015
	------------
At 31 December 2024	458,454
	------------

6. Debtors

	2025	2024
		(restated)
	£	£
Trade debtors	263,954	219,880
Amounts owed by group undertakings and undertakings in which the company has a participating interest	4,442,459	2,899,277
Other debtors	65,866	302,158
	------------	------------
	4,772,279	3,421,315
	------------	------------

7. Creditors: amounts falling due within one year

	2025	2024
		(restated)
	£	£
Trade creditors	200,208	209,223
Amounts owed to group undertakings and undertakings in which the company has a participating interest	8,072,819	6,842,724
Corporation tax	8,585	–
Social security and other taxes	431,427	515,581
Other creditors	229,558	186,234
	------------	------------
	8,942,597	7,753,762
	------------	------------

8. Provisions

	Deferred tax	Tax provision	Total
	£	£	£
At 1 January 2025 (as restated)	–	305,722	305,722
Additions	12,730	–	12,730
Charge against provision	–	( 68,657)	( 68,657)
	--------	---------	---------
At 31 December 2025	12,730	237,065	249,795
	--------	---------	---------

Tax provision The company received assessments from HMRC for corporation tax in respect of previous years. The full amount of corporation tax, along with potential penalties and interest liabilities was provided for in the 2019 financial statements. The total liability is being reviewed and the final amounts due are yet to be agreed. The corporation tax and associated interest has been paid.

9. Prior period errors

There was a prior period adjustment in relation to an additional rent charge totalling £160,000, this is £32,000 per annum from 2020 to 2024.

10. Operating leases

As lessor

The total future minimum lease payments receivable under non-cancellable operating leases are as follows:

	2025	2024
		(restated)
	£	£
Not later than 1 year	523,266	552,000
Later than 1 year and not later than 5 years	–	523,266
	---------	------------
	523,266	1,075,266
	---------	------------

11. Contingencies

The company has provided a cross guarantee for loans in a related company.

12. Summary audit opinion

The auditor's report dated 27 June 2026 was unqualified .

The senior statutory auditor was Jonathan Day , for and on behalf of Streets Audit LLP .

13. Controlling party

The company was under the control of the Trustees of the Prabhdyal Sodhi Overseas Settlement throughout the year, an entity based in Gibraltar. The immediate parent company is Lansbury Limited, a company incorporated in Gibraltar.