Nobilis Care South Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—5

1. General Information

Nobilis Care South Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06473742 . The registered office is Threefield House, Threefield Lane, Southampton, SO14 3LP.

The presentation currency of the financial statements is the Pound Sterling (£).

Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Significant judgements and estimations

In preparing the financial statements in accordance with FRS 102, management is required to make judgements, estimates, and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income, and expenses. Actual results may differ from these estimates.

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 if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.

2.4. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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.

2.5. 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 10 years.

2.6. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are computer software. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.7. 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:

Fixtures & Fittings	25% on reducing balance
Computer Equipment	30% Straight line

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Nobilis Care South Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.8. 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.

2.9. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees during the year was: 84 (2024: 71)

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 January 2025	110,851	18,000	128,851

As at 31 December 2025	110,851	18,000	128,851

Amortisation
As at 1 January 2025	63,230	17,700	80,930
Provided during the period	11,086	300	11,386

As at 31 December 2025	74,316	18,000	92,316

Net Book Value
As at 31 December 2025	36,535	-	36,535

As at 1 January 2025	47,621	300	47,921

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2025	158,147	30,916	189,063
Additions	110	9,895	10,005

As at 31 December 2025	158,257	40,811	199,068

Depreciation
As at 1 January 2025	128,655	5,124	133,779
Provided during the period	7,391	10,772	18,163

As at 31 December 2025	136,046	15,896	151,942

Net Book Value
As at 31 December 2025	22,211	24,915	47,126

As at 1 January 2025	29,492	25,792	55,284

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Nobilis Care South Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 January 2025	1,804,361
Disposals	(1,626,236 )

As at 31 December 2025	178,125

Provision
As at 1 January 2025	-
Impairment losses	178,125

As at 31 December 2025	178,125

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	1,804,361

7. Debtors

	31 December 2025	31 December 2024
	£	£
Due within one year
Trade debtors	106,773	78,209
Amounts owed by group undertakings	-	148,081
Other debtors	205,528	168,499

	312,301	394,789

8. Creditors: Amounts Falling Due Within One Year

	31 December 2025	31 December 2024
	£	£
Trade creditors	11,576	22,544
Amounts owed to group undertakings	1,309,216	3,333,060
Other creditors	121,345	641,798
Taxation and social security	42,816	24,267

	1,484,953	4,021,669

9. Share Capital

	31 December 2025	31 December 2024
	£	£
Allotted, Called up and fully paid	2,000	2,000

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Nobilis Care South Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	31 December 2025	31 December 2024
	£	£
Not later than one year	36,429	118,065
Later than one year and not later than five years	-	36,353

	36,429	154,418

11. Related Party Transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

13. Ultimate Controlling Party

The company's immediate parent undertaking is Natali Healthcare Solutions UK Limited by virtue of their interest in the share capital of the company. Natali Healthcare Solutions UK Limited is incorporated in the United Kingdom. Copies of the group accounts may be obtained from, Threefield House, 19 Threefield Lane,Southampton, Hampshire, SO14 3LP. There is no ultimate controlling party.

14. Audit Information

The auditor's report on the accounts of Nobilis Care South Limited for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Katie Wood FCA FCCA (Senior Statutory Auditor) for and on behalf of JWR Audit Limited , Statutory Auditor.

JWR Audit Limited

24 Picton House Hussar Court, Westside View

Waterlooville

PO7 7SQ

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		31 December 2025		31 December 2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		36,535		47,921
Tangible Assets	5		47,126		55,284
Investments	6		-		1,804,361

			83,661		1,907,566
CURRENT ASSETS
Debtors	7	312,301		394,789
Cash at bank and in hand		126,742		885,771

		439,043		1,280,560
Creditors: Amounts Falling Due Within One Year	8	(1,484,953 )		(4,021,669 )

NET CURRENT ASSETS (LIABILITIES)			(1,045,910 )		(2,741,109 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(962,249 )		(833,543 )

NET LIABILITIES			(962,249 )		(833,543 )

CAPITAL AND RESERVES
Called up share capital	9		2,000		2,000
Share premium account			99,700		99,700
Profit and Loss Account			(1,063,949 )		(935,243 )

SHAREHOLDERS' FUNDS			(962,249)		(833,543)