Padgham Care Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04012292

Padgham Care Services Limited

Filleted Unaudited Abridged Financial Statements

30 November 2025

Padgham Care Services Limited

Abridged Financial Statements

Year Ended 30 November 2025

Contents	Page

Abridged statement of financial position	1

Notes to the abridged financial statements	3

Padgham Care Services Limited

Abridged Statement of Financial Position

30 November 2025

	2025		2024
Note	£	£	£

Fixed Assets

Tangible assets	5	3,750,976	3,148,360
Investments	6	67,302	67,302
		------------	------------
		3,818,278	3,215,662

Current Assets

Debtors	479,561	717,019
Cash at bank and in hand	385,469	268,469
	---------	---------
	865,030	985,488

Creditors: amounts falling due within one year	854,852		521,105
	---------		---------
Net Current Assets		10,178	464,383
		------------	------------
Total Assets Less Current Liabilities		3,828,456	3,680,045

Creditors: amounts falling due after more than one year	7		3,428,218	2,870,999

Provisions	105,508	104,646
	------------	------------
Net Assets	294,730	704,400
	------------	------------

Capital and Reserves

Called up share capital	9	2	3
Other reserves		2	1
Profit and loss account		294,726	704,396
		---------	---------
Shareholders Funds		294,730	704,400
		---------	---------

These abridged 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 abridged statement of comprehensive income has not been delivered.

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

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

Padgham Care Services Limited

Abridged Statement of Financial Position (continued)

30 November 2025

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These abridged financial statements were approved by the board of directors and authorised for issue on 24 August 2026 , and are signed on behalf of the board by:

Mr A M Padgham

Director

Company registration number: 04012292

Padgham Care Services Limited

Notes to the Abridged Financial Statements

Year Ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is 1 Eastway, Eastfield, Scarborough, North Yorkshire, YO11 3LS.

2. Statement of compliance

These abridged 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. The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.

Revenue recognition

The turnover shown in the profit and loss account represents the sale of services supplied during the year.

Income tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

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:

Freehold property improvements	-	10% straight line
Fixtures and fittings	-	15% straight line
Equipment	-	33% straight line

There is no charge in respect of depreciation on freehold buildings for the period. In determining the residual value of freehold buildings, the directors have considered the amount they would currently obtain from disposal of the asset if the asset were already of the age and condition expected at the end of its useful life, having regard to the factors mentioned above. As a result, the directors estimate any depreciation charge to be immaterial and as such the depreciation charge is nil for the period.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	£
Cost
At 1 December 2024	3,190,249
Additions	602,616
	------------
At 30 November 2025	3,792,865
	------------
Depreciation
At 1 December 2024 and 30 November 2025	41,889
	------------
Carrying amount
At 30 November 2025	3,750,976
	------------
At 30 November 2024	3,148,360
	------------

6. Investments

	£
Cost
At 1 December 2024 and 30 November 2025	67,302
	--------
Impairment
At 1 December 2024 and 30 November 2025	–
	--------
Carrying amount
At 30 November 2025	67,302
	--------
At 30 November 2024	67,302
	--------

7. Creditors: amounts falling due after more than one year

Included within creditors amounts falling due after more than one year is an amount of £2,349,347 (2024: £2,027,972) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

8. Securities

The aggregate amount of secured liabilities at the year end amounted to £3,194,717 (2024: £2,870,931).

National Westminster Bank Plc have a fixed and floating charge over the property or undertaking of the company.

9. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares shares of £ 0.01 each	40	–	140	1
Ordinary B shares shares of £ 0.01 each	40	–	40	–
Ordinary C shares shares of £ 0.01 each	40	–	40	–
Ordinary D shares shares of £ 0.01 each	8	–	20	–
Ordinary E shares shares of £0.01 each	40	–	40	–
	----	----	----	----
	168	2	280	3
	----	----	----	----

10. Directors' advances, credits and guarantees

During the year, the company made loans to the directors as follows:

	Balance at 1 December 2024	Advanced during the year	Repaid during the year	Balance at 30 November 2025
	£	£	£	£
Mr M A Padgham	95,360	379,538	(780,279)	(305,381)

11. Related party transactions

The company has taken advantage of the exemption conferred by FRS 102 S33.1A, removing the requirement to disclose transactions between group companies. During the year the company provided and received short term loans from related parties. The balance outstanding due from/(to) related parties at the year end date is as follows:

	2025	2024
	£	£
Amounts due from entities where hold a controlling interest	133,259	462,006
Amounts due to entities where hold a controlling interest	(30,404)	(30,498)
Amounts due from other related parties	301,475	65,535

Outstanding balances with entities are unsecured, interest free and repayable on demand.