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Registered number: 06487824
Simply Carehome Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Price Mann Limited
Chartered Certified Accountants
Magnolia House Spring Villa Park
11 Spring Villa Road
Edgware
HA8 7EB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06487824
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 51,457 63,332
Tangible Assets 5 1,265,193 1,278,637
1,316,650 1,341,969
CURRENT ASSETS
Debtors 6 9,531 38,946
Cash at bank and in hand 314,527 385,083
324,058 424,029
Creditors: Amounts Falling Due Within One Year 7 (769,552 ) (1,018,198 )
NET CURRENT ASSETS (LIABILITIES) (445,494 ) (594,169 )
TOTAL ASSETS LESS CURRENT LIABILITIES 871,156 747,800
NET ASSETS 871,156 747,800
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 871,056 747,700
SHAREHOLDERS' FUNDS 871,156 747,800
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For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Hilen Shah
Director
12 October 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Simply Carehome Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06487824 . The registered office is 36 Woodberry Avenue, North Harrow, Middlesex, HA2 6AX.
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. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
2.3. 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 the profit and loss account over its estimated economic life of .... years.
2.4. 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:
Freehold Over 50 years
Plant & Machinery Over 5 years
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 31 (2025: 29)
31 29
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2025 237,495
As at 31 March 2026 237,495
Amortisation
As at 1 April 2025 174,163
Provided during the period 11,875
As at 31 March 2026 186,038
...CONTINUED
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Net Book Value
As at 31 March 2026 51,457
As at 1 April 2025 63,332
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 April 2025 1,456,543 212,686 1,669,229
Additions - 1,278 1,278
As at 31 March 2026 1,456,543 213,964 1,670,507
Depreciation
As at 1 April 2025 181,331 209,261 390,592
Provided during the period 12,322 2,400 14,722
As at 31 March 2026 193,653 211,661 405,314
Net Book Value
As at 31 March 2026 1,262,890 2,303 1,265,193
As at 1 April 2025 1,275,212 3,425 1,278,637
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 9,321 37,211
Other debtors 210 1,735
9,531 38,946
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 2,558 2,560
Bank loans and overdrafts - 2,993
Other creditors 703,558 949,663
Taxation and social security 63,436 62,982
769,552 1,018,198
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8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
Other Creditors includes in creditors more than one year is the amount of £500,354: 2026 (2025: £500,354) owed to Hiltan Investment limted a company wher Mr Hilen Shah and Mr Ketan Shah are directors and hold a material interest.
10. Ultimate Controlling Party
The company is a subsidiary of Jensen Investors Inc. a company registered in British Virgin Islands.
11. Other information
Simply Carehome Limited is a private company limited by shares and incorporated in England. Its
registered office is:
36 Woodberry Avenue
Harrow
Middlesex
HA2 6AX
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