Company Registration No. 05875319 (England and Wales)
Fleming Care Homes Limited
Unaudited accounts
for the year ended 31 October 2025
Fleming Care Homes Limited
Unaudited accounts
Contents
Fleming Care Homes Limited
Company Information
for the year ended 31 October 2025
Director
Diane Bridget Fleming
Company Number
05875319 (England and Wales)
Registered Office
19 Connaught Road
Folkestone
Kent
CT20 1DA
England
Accountants
Richard Croucher & Co Ltd
Burrs Hill Staplehurst Road
Marden
Tonbridge
Kent
TN12 9BS
Fleming Care Homes Limited
Statement of financial position
as at 31 October 2025
Tangible assets
689,676
724,744
Cash at bank and in hand
3,182
57,223
Creditors: amounts falling due within one year
(684,323)
(654,478)
Net current liabilities
(681,141)
(536,418)
Total assets less current liabilities
8,535
188,326
Provisions for liabilities
Deferred tax
(6,393)
(6,393)
Called up share capital
100
100
Profit and loss account
2,042
181,833
Shareholders' funds
2,142
181,933
For the year ending 31 October 2025 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 October 2026 and were signed on its behalf by
Diane Bridget Fleming
Director
Company Registration No. 05875319
Fleming Care Homes Limited
Notes to the Accounts
for the year ended 31 October 2025
Fleming Care Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 05875319. The registered office is 19 Connaught Road, Folkestone, Kent, CT20 1DA, England.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the break-up basis as the directors believe this basis provides a more appropriate representation of the company's financial position in light of its cessation of operations during the period
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair
value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
Revenue from contracts for the provision of care home services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff
rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, was being amortised evenly over its estimated useful life of ten years.
Fleming Care Homes Limited
Notes to the Accounts
for the year ended 31 October 2025
Tangible fixed assets and depreciation
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases:
Freehold land and buildings No depreciation
Leasehold improvements at varying rates on cost
Plant and equipment 25% on reducing balance
Fixtures and fittings 25% on reducing balance
Computers 25% on reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset, and is credited or charged to profit or loss.
In the opinion of the directors, the freehold land and buildings have a high residual value and a long useful
economic life. As a result, depreciation is deemed immaterial and is not applied to the land and buildings in the accounts.
This is a departure from the general requirement of the Companies Act 2006 for all tangible assets (excluding
land)to be depreciated yet is necessary in order for the financial statements to give a true and fair view.
Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.
Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank
overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Fleming Care Homes Limited
Notes to the Accounts
for the year ended 31 October 2025
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
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.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement
constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Fleming Care Homes Limited
Notes to the Accounts
for the year ended 31 October 2025
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or
deductible in other years and it further excludes 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 reporting end date.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax
liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the
same tax authority.
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.
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Intangible fixed assets
Goodwill
At 1 November 2024
420,000
At 31 October 2025
420,000
At 1 November 2024
420,000
At 31 October 2025
420,000
Fleming Care Homes Limited
Notes to the Accounts
for the year ended 31 October 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2024
825,967
98,447
63,519
6,344
994,277
Disposals
-
(98,447)
(63,519)
(6,344)
(168,310)
At 31 October 2025
825,967
-
-
-
825,967
At 1 November 2024
134,996
75,589
54,497
4,451
269,533
Charge for the year
1,295
22,858
9,022
1,893
35,068
On disposals
-
(98,447)
(63,519)
(6,344)
(168,310)
At 31 October 2025
136,291
-
-
-
136,291
At 31 October 2025
689,676
-
-
-
689,676
At 31 October 2024
690,971
22,858
9,022
1,893
724,744
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
460,742
476,003
Trade creditors
6,028
16,321
Taxes and social security
149,977
122,120
Other creditors
13,328
17,681
Loans from directors
23,608
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
W and D Fleming loan account
57,074
24,218
108,550
(27,258)
57,074
24,218
108,550
(27,258)
9
Average number of employees
During the year the average number of employees was 4 (2024: 30).