REGISTERED NUMBER: 02969105 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Suitecare Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L G Colam

Mrs R A Colam

REGISTERED OFFICE:

Reedham House

31 King Street West

Manchester

M3 2PJ

BUSINESS ADDRESS:

Wallsend Industrial Estate

Cattedown Road

Cattedown

Plymouth

PL4 0RW

REGISTERED NUMBER:

02969105 (England and Wales)

ACCOUNTANTS:

Freedman Frankl & Taylor

Chartered Accountants

Reedham House

31 King Street West

Manchester

M3 2PJ

FIXED ASSETS

Tangible assets

4

2,251,727

2,267,111

CURRENT ASSETS

Debtors

5

417,667

393,402

Cash at bank

103,394

50,585

521,061

443,987

CREDITORS

Amounts falling due within one year

6

(78,195

)

(74,045

)

NET CURRENT ASSETS

442,866

369,942

TOTAL ASSETS LESS CURRENT LIABILITIES

2,694,593

2,637,053

PROVISIONS FOR LIABILITIES

(9,140

)

(9,140

)

NET ASSETS

2,685,453

2,627,913

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

7

470,368

470,368

Retained earnings

7

2,215,083

2,157,543

SHAREHOLDERS' FUNDS

2,685,453

2,627,913

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2026 and were signed on its behalf by:

Mrs R A Colam - Director

1.	STATUTORY INFORMATION

Suitecare Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents the invoice value of rent and service charges provided inclusive of value added tax during the year.

Bank and other interest is recognised in the period in which it was received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

2% on cost

Fixtures and fittings

-

15% on reducing balance

Tangible fixed assets are recorded at cost less accumulated depreciation and accumulated impairment losses.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Value added tax

The company is not registered for VAT and all expenditure is therefore stated inclusive of VAT where applicable.

Investment properties

Interest in investment properties is stated at an open market valuation with no depreciation being provided, in accordance with Financial Reporting Standard 102 Section 1A.

Going concern

The company's financial statements for the period ended 31 December 2025 have been prepared on a going concern basis as, after making appropriate enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Investment

to

and

properties

property

fittings

Totals

£

£

£

£

COST OR VALUATION

At 1 January 2025

and 31 December 2025

1,902,104

309,981

89,774

2,301,859

DEPRECIATION

At 1 January 2025

-

6,200

28,548

34,748

Charge for year

-

6,200

9,184

15,384

At 31 December 2025

-

12,400

37,732

50,132

NET BOOK VALUE

At 31 December 2025

1,902,104

297,581

52,042

2,251,727

At 31 December 2024

1,902,104

303,781

61,226

2,267,111

Cost or valuation at 31 December 2025 is represented by:

Improvements

Fixtures

Investment

to

and

properties

property

fittings

Totals

£

£

£

£

Valuation in 2002

638,000

-

-

638,000

Valuation in 2006

404,250

-

-

404,250

Valuation in 2013

(100,000

)

-

-

(100,000

)

Valuation in 2015

(464,936

)

-

-

(464,936

)

Cost

1,424,790

309,981

89,774

1,824,545

1,902,104

309,981

89,774

2,301,859

If the investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

1,424,790

1,424,790

One of the properties was valued by Vickery Holman on a Market Value basis with an effective valuation date of 16 September 2015.

The director does not consider the value of the all properties at 31 December 2025 to be materially different from that stated in the financial statements..

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

42,009

58,271

Other debtors

255,658

215,131

297,667

273,402

Amounts falling due after more than one year:

Other debtors

120,000

120,000

Aggregate amounts

417,667

393,402

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,759

230

Taxation and social security

34,729

26,281

Other creditors

40,707

47,534

78,195

74,045

7.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 January 2025

2,157,543

470,368

2,627,911

Profit for the year

101,940

101,940

Dividends

(44,400

)

(44,400

)

At 31 December 2025

2,215,083

470,368

2,685,451