Summerhayes Care Home Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 07490696

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		260,689		237,676

			260,689		237,676
CURRENT ASSETS
Stocks	6	2,500		1,950
Debtors	7	29,262		11,349
Cash at bank and in hand		2		108,150

		31,764		121,449
Creditors: Amounts Falling Due Within One Year	8	(184,721 )		(291,198 )

NET CURRENT ASSETS (LIABILITIES)			(152,957 )		(169,749 )

TOTAL ASSETS LESS CURRENT LIABILITIES			107,732		67,927

Creditors: Amounts Falling Due After More Than One Year	9		-		(26,019 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(11,682 )		(7,432 )

NET ASSETS			96,050		34,476

CAPITAL AND RESERVES
Called up share capital	10		3		3
Profit and Loss Account			96,047		34,473

SHAREHOLDERS' FUNDS			96,050		34,476

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Summerhayes Care Home Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 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

Ms Charlotte Mason

Director

13 October 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Summerhayes Care Home Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07490696 . The registered office is 138 High Street, Crediton, Devon, EX17 3DX. The business address is Summerhayes Care Home, The Square, Sandford, Devon, EX17 4LN.

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 profit and loss account over its estimated economic life of 10 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	Not Depreciated
Leasehold	Not Depreciated
Plant & Machinery	15% Reducing Balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Financial Instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at the market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

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Summerhayes Care Home Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.7. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.8. Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

2.9. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2026	2025
All Staff	58	45

	58	45

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 February 2025	168,000

As at 31 January 2026	168,000

Amortisation
As at 1 February 2025	168,000

As at 31 January 2026	168,000

Net Book Value
As at 31 January 2026	-

As at 1 February 2025	-

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Summerhayes Care Home Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 February 2025	195,036	136,683	331,719
Additions	-	34,603	34,603

As at 31 January 2026	195,036	171,286	366,322

Depreciation
As at 1 February 2025	-	94,043	94,043
Provided during the period	-	11,590	11,590

As at 31 January 2026	-	105,633	105,633

Net Book Value
As at 31 January 2026	195,036	65,653	260,689

As at 1 February 2025	195,036	42,640	237,676

6. Stocks

	2026	2025
	£	£
Stock	2,500	1,950

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	24,636	8,268
Other debtors	4,626	3,081

	29,262	11,349

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	37,206	143,827
Bank loans and overdrafts	43,787	5,099
Corporation tax	10,002	25,033
Other taxes and social security	12,968	5,504
Other creditors	3,043	2,546
Directors' loan accounts	77,715	109,189

	184,721	291,198

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Summerhayes Care Home Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	26,019

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	3	3

11. Related Party Transactions

At the year end, 31 January 2026, the company owed the directors £77,715 (2025: £109,189) in respect of loans held with the company. These amounts are interest free and repayable on demand.

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