ROSCLARE RESIDENTIAL HOME LIMITED


Directors	DE SILVA, Chandra Wimal
	DE SILVA, Dinesh Wimal
	DE SILVA, Merci


Company Secretary	DE SILVA, Merci


Registered Address	56 West Street
	Shoreham-By-Sea
	BN43 5WG


Place of Business	335 Ewell Road
	Surbiton
	Surrey
	KT6 7BZ


Registered Number	05593867 (England and Wales)

Notes to the Financial Statements
for the year ended 30 April 2026

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	At 30 April 2026 the company had net current liabilities of £225,564 (2025: £89,471). Included within creditors falling due within one year are amounts of £320,525 (2025: £395,825) owed to directors of the company. The company continues to trade profitably and generate positive cash flows from its operations, and the directors to whom these amounts are owed have confirmed their continued support. Taking account of this, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The financial statements have therefore been prepared on the going concern basis.

Going concern

At 30 April 2026 the company had net current liabilities of £225,564 (2025: £89,471). Included within creditors falling due within one year are amounts of £320,525 (2025: £395,825) owed to directors of the company.

The company continues to trade profitably and generate positive cash flows from its operations, and the directors to whom these amounts are owed have confirmed their continued support. Taking account of this, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The financial statements have therefore been prepared on the going concern basis.

	Turnover policy
	Turnover represents fees receivable for residential care and related services provided to residents during the year. It includes amounts receivable from residents who pay privately, and from local authorities, the NHS and other third-party funders, including any third-party top-up contributions. Fees are recognised as the care is provided, on a daily basis over each resident's period of occupancy. Fees invoiced or received in advance of the period to which they relate are carried forward in the balance sheet as deferred income. Care provided but not invoiced at the year end is recognised as accrued income. Turnover is stated net of any discounts and is exempt from VAT.

Turnover policy

Turnover represents fees receivable for residential care and related services provided to residents during the year. It includes amounts receivable from residents who pay privately, and from local authorities, the NHS and other third-party funders, including any third-party top-up contributions.

Fees are recognised as the care is provided, on a daily basis over each resident's period of occupancy. Fees invoiced or received in advance of the period to which they relate are carried forward in the balance sheet as deferred income. Care provided but not invoiced at the year end is recognised as accrued income.

Turnover is stated net of any discounts and is exempt from VAT.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	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.

Deferred tax

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.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. Amortisation is charged on a straight-line basis over the asset's estimated useful economic life. Goodwill held by the company became fully amortised during the year. Intangible assets are reviewed for impairment where events or changes in circumstances indicate that the carrying amount may not be recoverable. Amortisation is included in administrative expenses in the profit and loss account.

Intangible assets

Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. Amortisation is charged on a straight-line basis over the asset's estimated useful economic life. Goodwill held by the company became fully amortised during the year. Intangible assets are reviewed for impairment where events or changes in circumstances indicate that the carrying amount may not be recoverable. Amortisation is included in administrative expenses in the profit and loss account.

	Tangible fixed assets and depreciation
	Freehold property The freehold property comprises the care home from which the company carries on its trade. No depreciation is charged on freehold buildings. The directors consider that the estimated residual value of the buildings, based on prices prevailing at the reporting date, is not lower than their carrying amount. The buildings are maintained to a high standard through a programme of regular repair and refurbishment. Repair and maintenance costs are charged to profit or loss as incurred. Expenditure that enhances the property, or replaces a significant component, is capitalised. Impairment Because the freehold buildings are not depreciated, the directors review their carrying amount at each reporting date. Where the carrying amount exceeds the recoverable amount, an impairment loss is recognised in profit or loss. Tangible fixed assets Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes expenditure directly attributable to bringing the asset into working condition for its intended use. Depreciation is charged so as to write off the cost of each asset, less its estimated residual value, over its expected useful economic life. Residual value is the amount that would currently be obtained from disposal of the asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life. Depreciation is charged at the following annual rates:

Tangible fixed assets and depreciation

Freehold property

The freehold property comprises the care home from which the company carries on its trade. No depreciation is charged on freehold buildings. The directors consider that the estimated residual value of the buildings, based on prices prevailing at the reporting date, is not lower than their carrying amount. The buildings are maintained to a high standard through a programme of regular repair and refurbishment. 

Repair and maintenance costs are charged to profit or loss as incurred. Expenditure that enhances the property, or replaces a significant component, is capitalised.

Impairment

Because the freehold buildings are not depreciated, the directors review their carrying amount at each reporting date. Where the carrying amount exceeds the recoverable amount, an impairment loss is recognised in profit or loss.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes expenditure directly attributable to bringing the asset into working condition for its intended use.

Depreciation is charged so as to write off the cost of each asset, less its estimated residual value, over its expected useful economic life. Residual value is the amount that would currently be obtained from disposal of the asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life. Depreciation is charged at the following annual rates:


	Reducing balance (%)	Straight line (years)
Plant and machinery	20	-
Fixtures and fittings	20	-
Vehicles	25	-
Office Equipment	-	3

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

	Government grants or assistance
	Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

Government grants or assistance

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. 

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	17		18

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 May 25	250,000	250,000
At 30 April 26	250,000	250,000
Amortisation and impairment
At 01 May 25	242,708	242,708
Charge for year	7,292	7,292
At 30 April 26	250,000	250,000
Net book value
At 30 April 26	-	-
At 30 April 25	7,292	7,292

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 May 25	1,564,500	64,965	-	20,717	21,243	1,671,425
Additions	-	2,884	71,281	-	-	74,165
At 30 April 26	1,564,500	67,849	71,281	20,717	21,243	1,745,590
Depreciation and impairment
At 01 May 25	-	27,709	-	19,966	17,119	64,794
Charge for year	-	6,751	10,395	150	2,292	19,588
At 30 April 26	-	34,460	10,395	20,116	19,411	84,382
Net book value
At 30 April 26	1,564,500	33,389	60,886	601	1,832	1,661,208
At 30 April 25	1,564,500	37,256	-	751	4,124	1,606,631

5.	Stocks

	2026	2025
	£	£
Finished goods	987	940
Total	987	940

6.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	83,502	78,280
Other debtors	6,586	14,047
Prepayments and accrued income	10,638	10,397
Total	100,726	102,724

7.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	7,337	16,376
Taxation and social security	76,551	66,748
Finance lease and HP contracts	11,180	-
Other creditors	343,426	399,282
Accrued liabilities and deferred income	30,142	25,948
Total	468,636	508,354

8.	Creditors: amounts due after one year

	2026	2025
	£	£
Other creditors	828,495	962,284
Total	828,495	962,284


	Included in other creditors is £170,037 (2025: £243,589) falling due after more than five years, repayable by instalments.

9.	Obligations under finance leases

		2026		2025
		£		£
	Finance lease and HP contracts	60,502		-


	Of the above, £11,180 (2025: £nil) falls due within one year and £49,322 (2025: £nil) between one and five years. The obligations are secured on the assets to which they relate.

10.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	24,179	10,453
Total	24,179	10,453

11.	Related party transactions
	Included in other creditors is a loan provided by Chandra and Merci De Silva. At 30 April 2026 the balance outstanding was £975,015 (2025: £1,320,000), of which £195,842 (2025: £357,716) falls due within one year (note 8) and £779,173 (2025: £962,284) after one year (note 9). Interest is charged at 9.42% per annum and interest of £109,803 (2025: £63,656) was charged in the year. Also included in other creditors is £124,683 (2025: £38,109) owed to Chandra and Merci De Silva on their current account. This balance is interest free and repayable on demand.

11.

Related party transactions

Included in other creditors is a loan provided by Chandra and Merci De Silva. At 30 April 2026 the balance outstanding was £975,015 (2025: £1,320,000), of which £195,842 (2025: £357,716) falls due within one year (note 8) and £779,173 (2025: £962,284) after one year (note 9). Interest is charged at 9.42% per annum and interest of £109,803 (2025: £63,656) was charged in the year.

Also included in other creditors is £124,683 (2025: £38,109) owed to Chandra and Merci De Silva on their current account. This balance is interest free and repayable on demand.

12.	Controlling party
	The ultimate controlling party is Dinesh De Silva, director and shareholder.

	Notes	2026		2025
		£	£	£	£
Fixed assets
Intangible assets	3		-		7,292
Tangible assets	4		1,661,208		1,606,631
			1,661,208		1,613,923
Current assets
Stocks	5	987		940
Debtors	6	100,726		102,724
Cash at bank and on hand		141,359		315,219
		243,072		418,883
Creditors amounts falling due within one year	7	(468,636)		(508,354)
Net current assets (liabilities)			(225,564)		(89,471)
Total assets less current liabilities			1,435,644		1,524,452
Creditors amounts falling due after one year	8		(828,495)		(962,284)
Provisions for liabilities	10		(24,179)		(10,453)
Net assets			582,970		551,715
Capital and reserves
Called up share capital			200		200
Profit and loss account			582,770		551,515
Shareholders' funds			582,970		551,715