REGISTERED NUMBER: 06971234 (England and Wales)

Unaudited Financial Statements

for the Period

6 April 2025 to 31 March 2026

for

Haigh Healthcare Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

4,151,053

4,189,934

CURRENT ASSETS

Stocks

5

2,036

1,864

Debtors

6

1,992,219

1,608,428

Cash at bank and in hand

62,426

71,138

2,056,681

1,681,430

CREDITORS

Amounts falling due within one year

7

1,188,298

1,195,896

NET CURRENT ASSETS

868,383

485,534

TOTAL ASSETS LESS CURRENT LIABILITIES

5,019,436

4,675,468

CREDITORS

Amounts falling due after more than one year

8

(1,354,488

)

(1,562,735

)

PROVISIONS FOR LIABILITIES

(46,355

)

(51,184

)

NET ASSETS

3,618,593

3,061,549

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

3,618,493

3,061,449

SHAREHOLDERS' FUNDS

3,618,593

3,061,549

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 August 2026 and were signed by:

D Haigh - Director

1.	STATUTORY INFORMATION

Haigh Healthcare Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06971234

Registered office:

Magnolia House

Residential Care Home

Chesterfield Road North

Pleasley

Nottinghamshire

NG19 7RA

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Turnover

Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the balance sheet date turnover represents the fair value of the service provided to date based on the stage of completion and the contract activity at the balance sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Tangible fixed assets are stated at purchase cost together with any incidental expenses of acquisition, net of depreciation and any provision for impairment.

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its expected useful life:

Land and buildings

- depreciation is charged on any amounts over and above the residual value

Plant and machinery

- 15% on reducing balance

Fixtures and fittings

- 15% on reducing balance

Computer equipment

- 33% on cost

Residual value represents the estimated amount which would currently be obtained from disposal of an asset after deducting estimated costs of disposal, if the asset were already at an age and in the condition expected at the end of its estimated useful life.

The need for any fixed asset impairment write down is assessed by comparison of the carrying value of the assets against the higher of realisable value and value in use.

The gain or loss arising on the disposal of an asset is determined on the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Taxation

Current tax, including UK corporation tax is provided at amounts 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 that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date and are expected to apply to the reversal of the timing difference.

Leasing commitments

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an Annual General Meeting.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit and loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

The following assets and liabilities are classified as basic financial instruments - trade debtors, amounts owed by related undertakings, other debtors, cash and bank balances, trade creditors, other creditors, bank loans and other loans..

Trade debtors, amounts owed by related undertakings (being repayable on demand), other debtors, cash and bank balances, trade creditors and other creditors are measured at the amortised cost equivalent to the undiscounted amount of cash or other consideration expected to be paid or received.

Bank loans and other loans are initially measured at the present value of future payments, discounted at a market rate of interest and subsequently measured at amortised cost using the effective interest method.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit and loss as described below.

Non financial assets

An asset is impaired when there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.

Financial assets

For financial assets carried at cost less impairment, the impairment loss is the difference between the asset's carrying amount and the best estimate of the amount that would be received for the asset if it were sold at the reporting date.

Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had impairment not been recognised.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 67 (2025 - 65 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 6 April 2025

4,016,892

486,695

4,503,587

Additions

-

8,920

8,920

Disposals

-

(85,744

)

(85,744

)

At 31 March 2026

4,016,892

409,871

4,426,763

DEPRECIATION

At 6 April 2025

-

313,653

313,653

Charge for period

-

27,977

27,977

Eliminated on disposal

-

(65,920

)

(65,920

)

At 31 March 2026

-

275,710

275,710

NET BOOK VALUE

At 31 March 2026

4,016,892

134,161

4,151,053

At 5 April 2025

4,016,892

173,042

4,189,934

5.

STOCKS

2026

2025

£

£

Stocks

2,036

1,864

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

29,561

26,181

Amounts owed by related undertakings

980,981

826,751

Other debtors

981,677

755,496

1,992,219

1,608,428

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

194,550

168,896

Trade creditors

84,966

64,118

Taxation and social security

645,188

488,569

Other creditors

263,594

474,313

1,188,298

1,195,896

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

1,354,488

1,562,735

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

28,367

22,147

Between one and five years

157,048

37,152

In more than five years

2,740

8,160

188,155

67,459

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

1,549,031

1,731,624

Other loans

12,332

52,356

1,561,363

1,783,980

Bank and other loans are secured by way of a fixed and floating charge.

11.	CALLED UP SHARE CAPITAL

2026

2025

£

£

Allotted, issued and fully paid

100

100

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 31 March 2026 and 5 April 2025:

2026

2025

£

£

D Haigh

Balance outstanding at start of period

444,608

17,710

Amounts advanced

231,361

426,898

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

675,969

444,608

13.	RELATED PARTY DISCLOSURES

The director and shareholder of the company is also director and sole shareholder of Haigh Property Services Limited.

During the year ended 31 March 2026, Haigh Property Services Limited loaned £11,000 from the company. The balance due from Haigh Property Services Limited as at the year end was £111,879. This balance is shown in note 6 of the accounts, is repayable on demand, and is non interest bearing.

The director and shareholder of the company is also the sole director and shareholder of Dale Inn Developments Limited.

During the year ended 31 March 2026, Dale Inn Developments Limited loaned £143,231 from the company. The balance due from Dale Inn Developments Limited as at the year end was £869,102. This balance is shown in note 6 of the accounts, is repayable on demand, and is non interest bearing.