Company Registration No. 06147939 (England and Wales)
CARE WORLDWIDE (CARLTON) LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
CARE WORLDWIDE (CARLTON) LIMITED
COMPANY INFORMATION
Directors
Mr A Goldstein
Mr A L Levison
Company number
06147939
Registered office
1st Floor, Cloister House
Riverside
New Bailey Street
Manchester
M3 5FS
Auditor
Lopian Gross Barnett & Co
1st Floor, Cloister House
Riverside
New Bailey Street
Manchester
M3 5FS
Business address
Bondcare House
18 Lodge Road
London
NW4 4EF
CARE WORLDWIDE (CARLTON) LIMITED
CONTENTS
Page
Strategic report
1
Directors' report
2 - 3
Directors' responsibilities statement
4
Independent auditor's report
5 - 7
Profit and loss account
8
Balance sheet
10
Statement of changes in equity
11
Notes to the financial statements
12 - 20
CARE WORLDWIDE (CARLTON) LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 1 -

The directors present the strategic report for the year ended 31 December 2025.

Review of the business

Care Worldwide (Carlton) Limited operates five Carehomes providing residential, personal and nursing care.

The company has continued to maintain its excellent high standard provision of service maintaining the occupancy levels at the home resulting in a good financial performance during the year. The profit and loss account on page 8 shows a turnover of £14,419,990 (2024: £9,950,606), operating profit of £3,182,212 (2024: £1,849,379) and profit after tax for the year amounted to £2,642,241 (2024: £1,729,860).

Principal risks and uncertainties

The director considers the company is not significantly exposed to price and credit risks since the majority of the Carehome revenue is derived from publicly funded authorities. The director considers that the high quality of care that is provided stands the Carehomes in an excellent position and secures its ongoing trading position against any possible risks and uncertainties.

Development and performance

The position of the company at the year end remained strong and in line with expectations.

Key performance indicators

The company monitors cash flow as part of its day to day control procedures. Current cash position and future cash requirements are closely tracked to ensure appropriate facilities are available as and when required.

Other financial key performance indicators include turnover, gross profit margin, EBITDA and loan cover. EBITDA being the strongest indicator of cash generation from the business.

Other performance indicators

Other key performance indicators include home occupancy levels, charge rates, staffing hours and changes to rates of pay.

On behalf of the board

Mr A Goldstein
Director
1 July 2026
CARE WORLDWIDE (CARLTON) LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -

The directors present their annual report and financial statements for the year ended 31 December 2025.

Principal activities

The principal activity of the company is the provision of residential accommodation and nursing home facilities for young adults with learning difficulties.

Results

The results for the year are set out on page 8.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

Mr A Goldstein
Mr A L Levison
Financial instruments
Liquidity risk

The company manages its cash and borrowing requirements in order to maximise interest income and minimise interest expense, whilst ensuring the company has sufficient liquid resources to meet the operating needs of the business.

Credit risk

Investments of cash surpluses, borrowings and derivative instruments are made through banks and companies which must fulfil credit rating criteria approved by the Board.

Trade debtors are monitored on an ongoing basis and provision is made for doubtful debts where necessary.

Disabled persons

Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concerned. In the event of members of staff becoming disabled, every effort is made to ensure that their employment within the company continues and that the appropriate training is arranged. It is the policy of the company that the training, career development and promotion of disabled persons should, as far as possible, be identical to that of other employees.

Employee involvement

The company's policy is to consult and discuss with employees, through unions, staff councils and at meetings, matters likely to affect employees' interests.

Information about matters of concern to employees is given through information bulletins and reports which seek to achieve a common awareness on the part of all employees of the financial and economic factors affecting the company's performance.

There is no employee share scheme at present, but the directors are considering the introduction of such a scheme as a means of further encouraging the involvement of employees in the company's performance.

Auditor

Lopian Gross Barnett & Co were appointed auditor to the company and in accordance with section 485 of the Companies Act 2006, a resolution proposing that they be re-appointed will be put at a General Meeting.

Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.

CARE WORLDWIDE (CARLTON) LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
On behalf of the board
Mr A Goldstein
Director
1 July 2026
CARE WORLDWIDE (CARLTON) LIMITED
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent; and

- 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 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.

CARE WORLDWIDE (CARLTON) LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF CARE WORLDWIDE (CARLTON) LIMITED
- 5 -
Opinion

We have audited the financial statements of Care Worldwide (Carlton) Limited (the 'company') for the year ended 31 December 2025 which comprise the profit and loss account, the statement of comprehensive income, the balance sheet, the statement of changes in equity and notes to the financial statements, including 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).

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

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 Auditor's 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 UK, including the FRC’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.

Conclusions relating to going concern

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.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's 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.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- the information given in the strategic report and the directors' r eport 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.

CARE WORLDWIDE (CARLTON) LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF CARE WORLDWIDE (CARLTON) LIMITED (CONTINUED)
- 6 -
Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identifie d material misstatements in the strategic report or the directors' r eport.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- the financial statements are not in agreement with the accounting records and returns; or

- certain disclosures of directors' remuneration specified by law are not made; or

- we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' r esponsibilities s tatement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

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 auditor's 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.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, 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 laws and regulations that affect the entity, focusing on those that had a direct effect on the financial statements or that had a fundamental effect on its operations.

- Where considered necessary we enquired of those charged with governance, reviewed correspondence and reviewed meeting minutes for evidence of non-compliance with relevant laws and regulations.

- We gained an understanding of the controls environment which includes the controls in place to prevent and detect fraud. We enquired of those charged with governance about any incidences of fraud that had taken place during the accounting period.

- The risk of fraud and non-compliance with laws and regulations was discussed within the audit team and tests were planned and performed to address these risks.

- We reviewed financial statements disclosures to assess compliance with relevant laws and regulations.

- We enquired of those charged with governance about actual and potential litigation and claims.

- We performed analytical procedures to identify any unusual or unexpected relationships that might indicate risks of material misstatement due to fraud.

CARE WORLDWIDE (CARLTON) LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF CARE WORLDWIDE (CARLTON) LIMITED (CONTINUED)
- 7 -

- In addressing the risk of fraud due to management override of internal controls we tested the appropriateness of journal entries and assessed whether the judgements made in making accounting estimates were indicative of a potential bias.

Due 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. For example, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing fraud or non-compliance with laws and regulations and cannot be expected to detect all fraud and non-compliance with laws and regulations.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

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 auditor's 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.

Jonathan Brodie FCA (Senior Statutory Auditor)
For and on behalf of Lopian Gross Barnett & Co, Statutory Auditor
Chartered Accountants
1st Floor, Cloister House
Riverside
New Bailey Street
Manchester
M3 5FS
1 July 2026
CARE WORLDWIDE (CARLTON) LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 8 -
2025
2024
Notes
£
£
Turnover
3
14,419,990
9,950,606
Cost of sales
(10,080,236)
(7,157,212)
Gross profit
4,339,754
2,793,394
Administrative expenses
(1,157,542)
(944,015)
Operating profit
4
3,182,212
1,849,379
Interest payable and similar expenses
6
(309)
-
0
Profit before taxation
3,181,903
1,849,379
Tax on profit
7
(539,662)
(119,519)
Profit for the financial year
2,642,241
1,729,860

The profit and loss account has been prepared on the basis that all operations are continuing operations.

CARE WORLDWIDE (CARLTON) LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2025
- 9 -
2025
2024
£
£
Profit for the year
2,642,241
1,729,860
Other comprehensive income
-
-
Total comprehensive income for the year
2,642,241
1,729,860
CARE WORLDWIDE (CARLTON) LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 10 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
8
4,493,433
4,275,015
Current assets
Debtors
9
4,549,308
1,890,318
Cash at bank and in hand
114,386
83,231
4,663,694
1,973,549
Creditors: amounts falling due within one year
10
(1,846,194)
(1,548,030)
Net current assets
2,817,500
425,519
Total assets less current liabilities
7,310,933
4,700,534
Provisions for liabilities
Deferred tax liability
11
219,792
251,634
(219,792)
(251,634)
Net assets
7,091,141
4,448,900
Capital and reserves
Called up share capital
13
100
100
Profit and loss reserves
7,091,041
4,448,800
Total equity
7,091,141
4,448,900

These financial statements have been prepared in accordance with the provisions relating to medium-sized companies.

The financial statements were approved by the board of directors and authorised for issue on 1 July 2026 and are signed on its behalf by:
Mr A Goldstein
Director
Company registration number 06147939 (England and Wales)
CARE WORLDWIDE (CARLTON) LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2025
- 11 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 January 2024
100
2,718,940
2,719,040
Year ended 31 December 2024:
Profit and total comprehensive income
-
1,729,860
1,729,860
Balance at 31 December 2024
100
4,448,800
4,448,900
Year ended 31 December 2025:
Profit and total comprehensive income
-
2,642,241
2,642,241
Balance at 31 December 2025
100
7,091,041
7,091,141
CARE WORLDWIDE (CARLTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 12 -
1
Accounting policies
Company information

Care Worldwide (Carlton) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1st Floor, Cloister House, Riverside, New Bailey Street, Manchester, M3 5FS.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. T he company has therefore taken advantage of e xemptions from the following disclosure requirements:

- Section 7 ‘Statement of Cash Flows’ – Presentation of a statement of cash f low and related notes and disclosures;

- Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues’ – Carrying amounts, interest income/expense and net gains/losses for each category of financial instrument; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other comprehensive income;

- Section 26 ‘Share based Payment’ – Share-based payment expense charged to profit or loss, reconciliation of opening and closing number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements;

- Section 33 ‘Related Party Disclosures’ – Compensation for key management personnel.

The financial statements of the company are consolidated in the financial statements of Care Worldwide Limited. These consolidated financial statements are available from its registered office, 1st Floor, Cloister House, Riverside, New Bailey Street, Manchester, M3 5FS.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Turnover represents amounts receivable for goods and services.

Revenue represents income receivable from health and care provision services rendered and goods supplied. Revenue is stated net of value added taxation and other sales taxes, rebates and discount. Revenue is recognised in the accounting period in which the company obtains the right to consideration in exchange for its performance.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

CARE WORLDWIDE (CARLTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 13 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Freehold
2% Straight line
Fixtures, fittings & equipment
25% Reducing balance
Motor vehicles
25% Reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

CARE WORLDWIDE (CARLTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 14 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Classification of 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 deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Derivatives

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to fair value at each reporting end date. The resulting gain or loss is recognised in profit or loss immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in profit or loss depends on the nature of the hedge relationship.

A derivative with a positive fair value is recognised as a financial asset, whereas a derivative with a negative fair value is recognised as a financial liability.

1.10
Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

CARE WORLDWIDE (CARLTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 15 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.14
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

CARE WORLDWIDE (CARLTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 16 -
3
Turnover

An analysis of the company's turnover is as follows:

2025
2024
£
£
Turnover analysed by class of business
Residential and nursing home provision
14,419,990
9,950,606
2025
2024
£
£
Turnover analysed by geographical market
UK activities
14,419,990
9,950,606
4
Operating profit
2025
2024
Operating profit for the year is stated after charging:
£
£
Fees payable to the company's auditor for the audit of the company's financial statements
4,225
3,925
Depreciation of tangible fixed assets
168,848
172,756
Operating lease charges
465,003
353,519
5
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Carehome staff
286
221

Their aggregate remuneration comprised:

2025
2024
£
£
Wages and salaries
8,489,475
6,157,540
Social security costs
996,140
527,368
Pension costs
112,296
77,862
9,597,911
6,762,770
6
Interest payable and similar expenses
2025
2024
£
£
Other interest
309
-
0
CARE WORLDWIDE (CARLTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 17 -
7
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
571,504
76,909
Deferred tax
Origination and reversal of timing differences
(31,842)
42,610
Total tax charge
539,662
119,519

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2025
2024
£
£
Profit before taxation
3,181,903
1,849,379
Expected tax charge based on the standard rate of corporation tax in the UK of 25% (2024: 25%)
795,476
462,345
Effects of:
Group relief
(255,813)
(394,608)
Depreciation on assets not qualifying for tax allowances
31,841
9,172
Deferred tax movement
(31,842)
42,610
Taxation charge in the financial statements
539,662
119,519
8
Tangible fixed assets
Land and buildings Freehold
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 January 2025
4,646,270
313,233
104,426
5,063,929
Additions
351,150
36,116
-
0
387,266
At 31 December 2025
4,997,420
349,349
104,426
5,451,195
Depreciation and impairment
At 1 January 2025
610,786
142,369
35,759
788,914
Depreciation charged in the year
99,935
51,746
17,167
168,848
At 31 December 2025
710,721
194,115
52,926
957,762
CARE WORLDWIDE (CARLTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
8
Tangible fixed assets
Land and buildings Freehold
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
(Continued)
- 18 -
Carrying amount
At 31 December 2025
4,286,699
155,234
51,500
4,493,433
At 31 December 2024
4,035,484
170,864
68,667
4,275,015
9
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,510,568
1,098,699
Corporation tax recoverable
92,144
-
0
Amounts owed by group undertakings
2,558,075
564,075
Other debtors
308,486
138,690
Prepayments and accrued income
80,035
88,854
4,549,308
1,890,318
10
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
260,369
191,894
Corporation tax
-
0
61,852
Other taxation and social security
225,260
137,011
Other creditors
103,766
71,217
Accruals and deferred income
1,256,799
1,086,056
1,846,194
1,548,030
11
Deferred taxation

Deferred tax assets and liabilities are offset where the company has a legally enforceable right to do so. The following is the analysis of the deferred tax balances (after offset) for financial reporting purposes:

Liabilities
Liabilities
2025
2024
Balances:
£
£
ACAs
30,676
37,535
Revaluations
189,116
214,099
219,792
251,634
CARE WORLDWIDE (CARLTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
11
Deferred taxation
(Continued)
- 19 -
2025
Movements in the year:
£
Liability at 1 January 2025
251,634
Credit to profit or loss
(31,842)
Liability at 31 December 2025
219,792
12
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
112,296
77,862

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

13
Share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
14
Contingent liabilities

The company together with its fellow group subsidiaries has given a cross guarantee secured on its assets, on a bank loan to its parent company, Care Worldwide Limited. The amount outstanding at the balance sheet date amounted to £25,907,917.

15
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2025
2024
£
£
Within 1 year
225,749
120,050
Years 2-5
-
0
43,375
225,749
163,425
CARE WORLDWIDE (CARLTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 20 -
16
Related party transactions

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due to related parties
£
£
Connected party loans (interest free)
34,568
34,568

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due from related parties
£
£
Connected party loans (interest free)
26,629
30,503
2025-12-31 2025-01-01 false false false CCH Software CCH Accounts Production 2026.100 Mr A Goldstein Mr A L Levison 06147939 2025-01-01 2025-12-31 06147939 bus:Director1 2025-01-01 2025-12-31 06147939 bus:Director2 2025-01-01 2025-12-31 06147939 bus:RegisteredOffice 2025-01-01 2025-12-31 06147939 2025-12-31 06147939 2024-01-01 2024-12-31 06147939 core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 06147939 core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 06147939 2024-12-31 06147939 core:LandBuildings core:OwnedOrFreeholdAssets 2025-12-31 06147939 core:FurnitureFittings 2025-12-31 06147939 core:MotorVehicles 2025-12-31 06147939 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 06147939 core:FurnitureFittings 2024-12-31 06147939 core:MotorVehicles 2024-12-31 06147939 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 06147939 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 06147939 core:ShareCapital 2025-12-31 06147939 core:ShareCapital 2024-12-31 06147939 core:RetainedEarningsAccumulatedLosses 2025-12-31 06147939 core:RetainedEarningsAccumulatedLosses 2024-12-31 06147939 core:ShareCapital 2023-12-31 06147939 core:RetainedEarningsAccumulatedLosses 2023-12-31 06147939 core:ShareCapitalOrdinaryShareClass1 2025-12-31 06147939 core:ShareCapitalOrdinaryShareClass1 2024-12-31 06147939 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 06147939 core:FurnitureFittings 2025-01-01 2025-12-31 06147939 core:MotorVehicles 2025-01-01 2025-12-31 06147939 1 2025-01-01 2025-12-31 06147939 1 2024-01-01 2024-12-31 06147939 core:UKTax 2025-01-01 2025-12-31 06147939 core:UKTax 2024-01-01 2024-12-31 06147939 2 2025-01-01 2025-12-31 06147939 2 2024-01-01 2024-12-31 06147939 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 06147939 core:FurnitureFittings 2024-12-31 06147939 core:MotorVehicles 2024-12-31 06147939 2024-12-31 06147939 core:CurrentFinancialInstruments 2025-12-31 06147939 core:CurrentFinancialInstruments 2024-12-31 06147939 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 06147939 bus:OrdinaryShareClass1 2025-12-31 06147939 bus:OrdinaryShareClass1 2024-12-31 06147939 core:WithinOneYear 2025-12-31 06147939 core:WithinOneYear 2024-12-31 06147939 core:BetweenTwoFiveYears 2025-12-31 06147939 core:BetweenTwoFiveYears 2024-12-31 06147939 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 06147939 bus:FRS102 2025-01-01 2025-12-31 06147939 bus:Audited 2025-01-01 2025-12-31 06147939 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP