MERRYDALE RESIDENTIAL CARE HOME LIMITED

Registered number

08004495

Filleted Accounts

31 March 2026

MERRYDALE RESIDENTIAL CARE HOME LIMITED
Registered number:		08004495
Balance Sheet
At 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		86,943			106,745

Current assets
Debtors	5	-			2,629
Cash at bank and in hand		254,558			145,533
		254,558			148,162

Creditors: amounts falling due within one year	6	(58,049)			(9,365)

Net current assets			196,509			138,797

Total assets less current liabilities			283,452			245,542

Creditors: amounts falling due after more than one year	7		(30,085)			(58,405)



Net assets			253,367			187,137

Capital and reserves
Called up share capital			2			2
Profit and loss account			253,365			187,135

Shareholders' funds			253,367			187,137

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs E Pryer
Director
Approved by the board on 15 May 2026

MERRYDALE RESIDENTIAL CARE HOME LIMITED
Notes to the Accounts
For the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			28		28


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2025					20,000
	At 31 March 2026					20,000

	Amortisation
	At 1 April 2025					20,000
	At 31 March 2026					20,000

	Net book value
	At 31 March 2026					-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	128,713		104,093		232,806
	Additions	9,181		-		9,181
	At 31 March 2026	137,894		104,093		241,987

	Depreciation
	At 1 April 2025	94,048		32,013		126,061
	Charge for the year	10,963		18,020		28,983
	At 31 March 2026	105,011		50,033		155,044

	Net book value
	At 31 March 2026	32,883		54,060		86,943
	At 31 March 2025	34,665		72,080		106,745


5	Debtors			2026		2025
£					£

	Other debtors			-		2,629


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			2,808		2,403
	Taxation and social security costs			36,097		6,767
	Other creditors			19,144		195
				58,049		9,365


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			30,085		58,405


8	Other information

	MERRYDALE RESIDENTIAL CARE HOME LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	90 Spencer Road
	Ryde
	Isle of Wight
	PO33 3AL